Baltic states will lower energy dependency on Russia

2021 ◽  
Keyword(s):  
Lower Energy ◽  
Baltic States ◽  
Content Type ◽  
Energy Dependency

Headline BALTIC STATES: Energy dependency on Russia will ease

Low interest rate environment: inventory management in Finland and Baltic states

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Olli-Pekka Hilmola ◽  
Weidong Li ◽  
Andres Tolli
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Customer Service ◽  
Inventory Management ◽  
Global Financial Crisis ◽  
Recent Decade ◽  
Baltic States ◽  
Content Type ◽  
Low Interest Rates ◽  
Rate Environment

PurposeFor decades, it was emphasized that manufacturing and trading companies should aim to be lean with very small inventories. However, in the recent decade, time-significant change has taken place as nearly all of the “old west” countries have now low interest rates. Holding inventories have been beneficial for the sake of customer service and for achieving savings in transportation and fixed ordering costs.Design/methodology/approachIn this study, inventory management change is examined in publicly traded manufacturing and trade companies of Finland and three Baltic states (Estonia, Latvia and Lithuania) during the years 2010–2018.FindingsInventory efficiency has been leveled off or falling in these countries and mostly declining development has concerned small- and medium-sized enterprises (SMEs). It is also found that inventory efficiency is in general lower in SMEs than in larger companies. Two companies sustaining in inventory efficiency are used as an example that lean has still significance, and higher inventories as well as lower inventory efficiency should not be the objective. Two companies show exemplary financial performance as well as shareholder value creation.Research limitations/implicationsWork concerns only four smaller countries, and this limits its generalization power. Research is one illustration what happens to private sector companies under low interest rate policies.Practical implicationsContinuous improvement of inventory efficiency becomes questionable in the light of current research and the low interest rate environment.Originality/valueThis is one of the seminal studies from inventory efficiency as the global financial crisis taken place in 2008–2009 and there is the implementation of low interest rates.

Russia will increase covert Baltic interference

2015 ◽  
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
Lightning Strike ◽  
Baltic States ◽  
Content Type ◽  
The Past ◽  
The Baltic ◽  
Military Exercise

Significance In line with such concerns, Estonia held a large military exercise, Hedgehog, on May 4-15, involving 13,000 troops. On May 6, Lithuania launched Lightning Strike, a military exercise involving 3,000 troops in a simulated defence of the country's new liquefied natural gas (LNG) terminal at Klaipeda. In December, Latvia said Russian submarines had approached its maritime borders more than 50 times in the past year. However, Russia's more overt activities also pose a major risk to the Baltics. Impacts Russian intelligence will continue to target not just Baltic secrets but, through them, NATO and EU ones. Russian operations will aim to create division by playing on discontent within sizeable ethnic Russian minorities who feel marginalised. NATO will increase the rate and size of Baltic drills to reassure the Baltic states.

NATO Baltic exercises will prompt risky behaviour

2016 ◽  
Keyword(s):  
Baltic Sea ◽  
Baltic States ◽  
Medium Term ◽  
The Baltic Sea ◽  
Risky Behaviour ◽  
Content Type ◽  
Us Military ◽  
Military Presence ◽  
Security Challenges ◽  
The Baltic

Significance BALTOPS 16 will be the largest NATO maritime exercise in the Baltic Sea in recent years. The exercise is also held mere weeks before NATO's July 8-9 summit in Warsaw, and therefore serves as a tangible prelude to the alliance's intent to address renewed Russian security challenges in the region. Impacts Improvements in Western missile defence systems will make it more difficult politically to undergo arms control cooperation with Moscow. Poland's military modernisation programme will boost its ability to be a security partner of the Baltic states. Washington is unlikely to approve a permanent US military presence in the Baltic states in the near-to-medium term.

Japan's GDP volatility obscures positive trends

2016 ◽  
Keyword(s):  
Lower Energy ◽  
Household Consumption ◽  
Energy Prices ◽  
Consumption Growth ◽  
Content Type ◽  
Real Gdp ◽  
Net Exports ◽  
Consumption Data ◽  
Near Future

Subject The macroeconomic outlook for Japan. Significance Japan started 2016 on a positive note with a real GDP gain of 1.7% (annualised) in the first quarter. Household consumption growth of 2% contributed more than half the gain, with net exports providing the rest as lower energy prices and stronger yen reduced the import bill. Impacts Rising energy prices will put new pressures on imports and weaken demand. Problems in the household consumption data are recognised, but are unlikely to be remedied in the near future. Revisions to Japan's GDP data can be substantial and could change the narrative.

Fears rise of new migrant route via Baltic states

2016 ◽  
Keyword(s):  
Baltic States ◽  
Content Type

Headline BALTIC STATES: Fears rise of new migrant route

Baltic inflation may stay higher than in euro-area

2017 ◽  
Keyword(s):  
Euro Area ◽  
Baltic States ◽  
Content Type

Headline BALTIC STATES: Prices may stay higher than euro-area's

International joint venture strategies and performance in the Baltic States

2015 ◽  
Vol 10 (1) ◽  
pp. 52-72 ◽  
Author(s):  
Jorma Antero Larimo ◽  
Huu Le Nguyen
Keyword(s):  
Joint Venture ◽  
Foreign Direct Investments ◽  
Baltic States ◽  
Content Type ◽  
Cost Leadership ◽  
International Joint ◽  
And Performance ◽  
The Baltic ◽  
Ijv Performance ◽  
Finnish Firms

Purpose – The purpose of this paper is to analyse investment strategies and performance of Finnish firms in their international joint ventures (IJVs) established in Baltic States. Design/methodology/approach – The paper analyse performance of IJVs in Baltic States based on the IJV theory, international business literature, and foreign direct investments in Central and Eastern Europe (CEE) literature. The analysed factors include firm, investment, and inter-partner relationship-specific factors. To examine the propositions the paper used ten IJVs established by Finnish firms in various Baltic States between the period 1991 and 2005. Findings – The results show that the level of uncertainties in the countries and the differences between partners are not related to firms’ commitments and the entry mode choice. Several Finnish firms preferred cost leadership to compete with other firms in the local markets. In most cases there was a positive relationship between the level of partners’ equity share, commitment to the IJV, and the level of trust between partners. The results indicated differences in the IJV performance depending on parent firms’ objectives, their competitive strategies, mode of entry, age of IJVs, control strategies, level of trust, and commitment between partners, as well as depending on the performance measures used. Practical implications – This study suggests four observations that managers may need to take into consideration to improve IJV performance in the Baltic States. First, cost leadership strategy help to increase IJV performance in terms of sales. Second, social control mechanisms and narrow control leaded to better performance than formal and wide control. Third, minority ownership by Finnish firms in IJVs leaded to better performance based on sales, productivity and total performance whereas majority ownership had leaded to better performance in terms of total costs. Finally, the results confirmed that commitment to the IJV operation and trust on the other partner are very essential factors to IJV performance. Originality/value – The study is the first one to analyse in more detail based on several cases the IJV strategies and performance of Finnish firms in the Baltic States. The analysed factors include several such factors which have not been analysed related to IJV operations in Baltic States (some also limitedly in the CEE context).

Sustainable manufacturing: a critical discipline for the twenty-first century

2014 ◽  
Vol 34 (2) ◽  
pp. 117-122 ◽  
Author(s):  
Robert Bogue
Keyword(s):  
Lower Energy ◽  
Design Methodology ◽  
Information Sources ◽  
Sustainable Manufacturing ◽  
First Century ◽  
Product Cycle ◽  
Content Type ◽  
Financial Benefits ◽  
Timely Review ◽  
The Impact

Purpose – This paper aims to provide an introduction to sustainable manufacturing concepts and practices. Design/methodology/approach – Following an introduction to sustainable manufacturing, this article first considers various government programmes and information sources. It then discusses life cycle assessment (LCA) techniques and standards and certain product design issues. The benefits of sustainable manufacturing concepts are then identified, together with some examples of applications. Finally, brief conclusions are drawn. Findings – Sustainable manufacturing involves a multitude of practices which seek to minimise the impact of a product or process on the environment. It encompasses the entire product cycle from “cradle to grave” and many standards and techniques have been developed to assist in its implementation, including LCA. In addition to meeting growing consumer demands for “greener” products, sustainable manufacturing can yield operational and financial benefits, including reduced material use, improved designs, lower energy consumption and reduced waste and scrap levels. Originality/value – This article provides a timely review of sustainable manufacturing principles, practices and benefits.

scholarly journals Energy dependency and sustainable regional development in the Baltic states: A review

2016 ◽  
Vol 20 (2) ◽  
pp. 79-87 ◽  
Author(s):  
Dalia Streimikienė ◽  
Wadim Strielkowski ◽  
Yuriy Bilan ◽  
Ignas Mikalauskas
Keyword(s):  
Regional Development ◽  
Baltic States ◽  
Energy Dependency ◽  
Sustainable Regional Development ◽  
The Baltic

Russia meddling Ukraine-style in Baltics is unlikely

2017 ◽  
Keyword(s):  
First Language ◽  
Baltic States ◽  
National Politics ◽  
Content Type ◽  
The Baltic ◽  
The Eu ◽  
Linguistic Communities

Subject Survey evidence on Baltic Russophones’ attitudes to the EU and NATO. Significance Russia’s involvement in Ukraine and the 2016 US elections have raised concerns that it may attempt to sow divisions in the Baltic states between those who speak Russian as their first language and other linguistic communities, to shift the former to a more pro-Moscow position. Impacts Significant Russian-speaking minorities will shape how the Baltic states are perceived abroad, including by Russia itself. NATO units being rotated through the Baltics would be well advised to treat Russophones correctly, to help alleviate suspicions. The Centre Party’s participation in government in Estonia brings Russophones into national politics.

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