• Hello Customer - Log in or Register!
Date: 2013-11-15

The Baltic Countries Part 3 - Market Outlook

The Baltic countries are known as some of the most ambitious and educated countries in the world, and they also consist of some of the most liberal policies for trade and investment. Their drive for success has been a critical factor in their success after the financial crisis plagued the European Union. The Baltic countries were a hot spot for investment before the crisis, with all of their intelligence and FDI flowing in. Possessing all of these incredible characteristics and policies would allow one to assume that they would be a good match against a global financial crisis, but that person would be wrong.

Lithuania, Estonia and Latvia suffered some of the worst GDP losses in Europe, yet today they are the countries whose economies have almost fully recovered, while the rest of Europe is far behind. This growth has been followed by gains in exporting, importing, and foreign direct investment. Having all of the qualities has allowed them to be rather appealing for investors. According to the “Global Competitiveness Report”, the relationship with Russia and the Commonwealth of Independent States has been one of the great appeals to investment and business in the Baltic countries.

The most recent success in the Baltic countries has been the retail industry. As employment and wages increase, the ability to consume more has boosted retail sales in 2013. Companies like H&M, IKEA, Dune, Aldo and Next are all opening stores in at least one of the Baltic States. The small population of the Baltic countries has been unattractive to retailers in the past, but with rising retail sales, companies are starting to flock to the region. Economic boosts like this build off each other, and if this trend continues, the Baltic countries will continue this positive economic trend.


Previous: Controlling Costs with Proper Lubrication
Next: RNB Presents Its New Range of Ball and Roller Bearings

Hot Products:
Product Model Inside Diameter Outside Diameter Thickness
5S-BNT204 NTN 20 47 14
5S-BNT004 NTN 20 42 12
【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.