Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Best budget smartphones from Latvia-based manufacturer. The latest budget smartphone Just5 SPACER 2s with 4G provides much greater freedom, speed and opportunities for Internet users.

Double Coffee Estonia declares bankruptcy

  • 2009-11-23
  • Oskars Magone

TALLINN - The Estonian branch of Double Coffee, one of the Baltic's most successful restaurant chains, has declared bankruptcy.

Double Coffee had expanded agressively during the high-growth years that followed the Baltic states' joining the EU, but has seen business slow to a crawl since the onset of the financial crisis.

The company was declared bankrupt on Nov. 17 after facing a negative balance of 6 million kroons last year.