ALSO Holding privately held: ALSO Holding ALSO Holding AG is a listed distribution and logistics company based in Emmen, Switzerland. ALSO Holding is Europe's third largest (after Ingram Micro and Tech Data), broad line information technology, consumer electronics and telecommunications (ICT) distributor. In 2016, ALSO had a turnover of 8.0 billion euros. ALSO is active in 15 European countries: Belgium, Denmark, Germany, Estonia, Finland, France, Latvia, Lithuania, Netherlands, Norway, Austria, Poland, Sweden, Switzerland and Slovenia; and is the market leader in its core markets of Germany, Denmark, Estonia, Finland, Latvia, Lithuania and Switzerland. ALSO was founded in 1984 and has been listed
Economy of Estonia for Latvia. Estonia today is mainly influenced by developments in Finland, Russia, Sweden and Germany – the four main trade partners. The government recently greatly increased its spending on innovation. The prime minister from the Estonian Reform Party has stated its goal of bringing Estonian GDP per capita into the top 5 of the EU by 2022. However, the GDP of Estonia decreased by 1.4% in the 2nd quarter of 2008, over 3% in the 3rd quarter of 2008, and over 9% in the 4th quarter of 2008. The Estonian economy further contracted by 15.1% in the first quarter of