Date: 07.11.2018.

International Internet Magazine. Baltic States news & analytics Sunday, 18.11.2018, 10:55

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Lithuanian Energy paid Gusiatinas 22 mln euros for his wind farms

Lithuanian Energy paid Gusiatinas 22 mln euros for his wind farms

07.11.2018

Lithuania's state-run energy group Lietuvos Energija (Lithuanian Energy) has paid Stemma Group, a company owned by Martinas Gusiatinas' family, 21.76 mln euros for three wind farms, informs LETA/BNS.

Keyword tags: Ecology, Energy, Energy Market, Lithuania, Mergers and take-overs



Lithuania's Novaturas sales up 30%

Lithuania's Novaturas sales up 30%

07.11.2018

Novaturas, one of the largest tour operators in Lithuania, posted 140.2 mln euros in sales in January-September of 2018, up 30% from the same period last year, informs LETA/BNS.

Real estate businessman seeking 1 mln euros from Estonian TV journalist in court

Real estate businessman seeking 1 mln euros from Estonian TV journalist in court

07.11.2018

Iraj Zand, linked by Estonian television journalist Katrin Lust to a scandal involving alleged pimping, has brought legal action against Lust in Harju County Court, seeking a mln euros from the journalist in damages, informs LETA/BNS referring to the weekly Eesti Ekspress.


Operail's operating profit totals 7.5 mln euros for 9 months 2018

Operail's operating profit totals 7.5 mln euros for 9 months 2018

07.11.2018

The state-owned Estonian rail cargo operator Operail made an operating profit of 7.5 mln euros in the first nine months of 2018, meanwhile during the same period in 2017, the company saw a loss of two mln euros.

Estonian competition watchdog grants Enefit Green permission to buy Nelja Energia

Estonian competition watchdog grants Enefit Green permission to buy Nelja Energia

07.11.2018

The Estonian Competition Authority gave on Wednesday the Estonian state-held energy group Eesti Energia permission to complete the acquisition of the producer of renewable energy Nelja Energia; the transaction was subsequently closed, informs LETA/BNS.


07.11.2018

Ventamonjaks chemicals terminal to be merged with Despina Capital

Latvia’s Ventamonjaks chemicals terminal will be merged with Despina Capital in a reorganization process, according to an announcement published on Wednesday in the official gazette Latvijas Vestnesis, cities LETA.

07.11.2018

Germany's Rewe takes control of Lithuanian supermarket chain Iki

Germany's retail giant Rewe has increased its stake in Palink, the owner of Lithuania's largest supermarket chain Iki from 55.58% to 93.75%, informs LETA/BNS referring to Palink.

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