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| | Art - The Baltic Times- NEWS FROM ESTONIA,LATVIA AND LITHUANIA |
 | | This is particularly true in Estonia, where Finnish and Swedish firms form the overwhelming majority of foreign presence: “In the retail sector, there are too many reasons not to come here, especially the size of the market and the amount of competition from Finnish companies, most particularly in the food sector,” explains Frandsen. |
 | | In Latvia and Lithuania, Danish brewing conglomerates hold a strong position in the drinks market; otherwise, the Danish retail presence is relatively weak. |
 | | “Danish business has not yet realized the opportunity created by rising local wages and consumer sophistication, and we may well come to see many more Danish high-street designer brands in the next few years,” he says. |
| www.baltictimes.com /art.php?art_id=12784 (962 words) |
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