Estonian clothing company lays off more than 300 workers

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Estonian clothing company Baltika Group has laid off more than 300 workers.

The redundancies came as the publicly-listed company, which operates a chain of clothing stores in the Baltic states and other countries, and operates the Monton, Mosaic, Baltman, Bastion and Ivo Nikkolo brands, ceased its manufacturing operations in Estonia owing to economic reasons.

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