Date: 22.01.2019.

International Internet Magazine. Baltic States news & analytics Wednesday, 21.08.2019, 10:39

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EU commission clears Blackstone's acquisition of Baltic bank Luminor

EU commission clears Blackstone's acquisition of Baltic bank Luminor

22.01.2019

The European Commission has given the green light for the US private equity giant Blackstone Group to buy Luminor, one of the largest pan-Baltic banks, informed LETA/BNS.

Keyword tags: Baltic, Banks, Financial Services, Funds, Mergers and take-overs



Pasazieru Vilciens carrier sees number of rail passengers grow 4.3% in 2018

Pasazieru Vilciens carrier sees number of rail passengers grow 4.3% in 2018

22.01.2019

Latvia’s Pasazieru Vilciens rail operator carried 18.08 mln rail passengers in 2018, which was 4.3% more than a year before, the company’s representative Agnese Licite told LETA.

Estonia's Inbank acquires 100% ownership in subsidiary Inbank Liising AS

Estonia's Inbank acquires 100% ownership in subsidiary Inbank Liising AS

22.01.2019

On Tuesday, an agreement entered into force under which Inbank AS purchased from Fairown Finance OU a 20 % holding in the leasing subsidiary Inbank Liising AS and became the sole holder of the company, informed LETA/BNS.


Lithuania's revenue from tobacco excise duties up 2 % in 2018

Lithuania's revenue from tobacco excise duties up 2 % in 2018

22.01.2019

Lithuania's total revenue from tobacco excise duties rose by slightly more than 2% last year compared with 2017, while wholesale tobacco product sales fell by almost 4%, according to the latest figures from the State Tax Inspectorate writes LETA/BNS.

House of Science to open at University of Latvia's new campus next week

House of Science to open at University of Latvia's new campus next week

22.01.2019

A new building, the House of Science, is due to open next Monday at the Academic Center which the University of Latvia is developing in Riga’s Tornakalns neighborhood, LETA was told at the university.


22.01.2019

Itella Estonia's parcel handling volume up 22% on year

Itella Estonia OU, Estonian operation of the Finnish postal service and logistics group Posti, handled 22 % more parcels in 2018 than in 2017, reported LETA/BNS.

22.01.2019

DHL Lithuania separates express delivery and logistics operations

DHL Lietuva, which is part of the global delivery network DHL, has separated its express parcel delivery and logistics operations, reported LETA/BNS.

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