The Baltics Today

German-Baltic business community concerned over the Ukraine crisis - poll

The Ukraine crisis is causing concern among the German companies operating in Estonia, Latvia and Lithuania. Many sectors already report direct impacts on their businesses. A further impairment is expected should economic sanctions against Russia be enforced. Nonetheless the German companies remain entirely committed to the Baltic States as their business and investment location and thus plan to carry on with their business activities in the region unchanged. These are the main results of a snap poll the German-Baltic Chamber of Commerce in Estonia, Latvia and Lithuania (AHK) conducted in the beginning of June 2014 – following up on the annual business survey conducted in February and thus before the aggravation of the situation in Ukraine.

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