Estonia

While the Estonian government's decision in early June to raise alcohol excise taxes to 20% beginning next year may be grudgingly accepted by Estonian consumers as a fait accompli... 2007-07-04

In a move that will have major repercussions for both the alcoholic drinks and tourism industries, Estonia's Ministry of Finance has presented a draft plan to increase alcohol tax... 2007-06-08

VP Market, the largest retailer of food and consumer goods in the Baltic States has changed its name to Maxima LT. The company's subsidiaries in Latvia and Estonia have been renamed... 2007-01-16

Leading Finnish retailer Kesko is exiting its 50/50 joint venture (JV) in the Baltics, despite rapid growth in the retail food sector in Estonia, Latvia and Lithuania. The deal gives... 2006-10-12

Following months of rumours that German discount operator Lidl was planning on entering the Estonian retail market by 2008, the company has announced that it has had a change of plans.... 2006-07-31

With some of the highest alcohol taxes in the world, Scandinavian countries such as Finland have the most expensive alcohol in the European Union. When the Baltic States joined the... 2006-07-06

Saku Olletehas, Estonia's biggest brewer, posted a 50% leap in net profit last year to EST75mn (US$5.7mn). Driving these earnings was their premium beer sales, with group sales volumes... 2006-02-28