Funds

International Internet Magazine. Baltic States news & analytics Thursday, 23.10.2014, 02:54

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Swedish fund: Baltic region remains attractive to investors

Swedish fund: Baltic region remains attractive to investors

10.10.2014

The Swedish investment fund East Capital Explorer judges that the Baltic countries remain an attractive investment destination and intends to divest a part of its fund holdings to expand operations, writes LETA/Postimees.

Keyword tags: EU – Baltic States, Funds, Good for Business, Investments, Markets and Companies



Ripplewood Holdings wants to resell Citadele within one year

Ripplewood Holdings wants to resell Citadele within one year

01.10.2014

Ripplewood Holdings would like resell the Citadele bank in up to one year, whereas the government wants to set the term at five years, Prime Minister Laimdota Straujuma (Unity) told the LNT channel this morning, informs LETA.

Riigikogu Committee doesn’t support reducing number of seats for Estonia in EU committees

Riigikogu Committee doesn’t support reducing number of seats for Estonia in EU committees

30.09.2014

The Riigikogu European Union Affairs Committee (EUAC) does not support the draft initiated by the European Commission on reducing the number of seats in the Committee of the Regions and the Economic and Social Affairs Committee by one per Member State; the reduction is to start with the least populous Member States, i.e. Estonia, Luxembourg and Cyprus, reports LETA.


EBRD supports decision to sell Citadele Bank shares to Ripplewood Holdings

EBRD supports decision to sell Citadele Bank shares to Ripplewood Holdings

19.09.2014

The European Bank for Reconstruction and Development (EBRD) welcomes the decision by the government of Latvia to sell its stake in Citadele to a group of international investors led by the U.S. investment fund Ripplewood Holdings and Tim Collins, the founder and CEO of the fund, informs LETA.

EU’s support for SMEs: practical outcomes

EU’s support for SMEs: practical outcomes

19.09.2014

The European Commission has revealed a list of 155 small and medium-sized enterprises (SMEs) from 21 states that will be first to benefit from the new €3 billion SME Instrument. These SMEs will each receive €50,000 to finance feasibility studies for their projects, and they can get up to three days of business coaching. After that, their projects may be considered for further financial support from the Commission worth up to €2.5 million.

19.09.2014

Ripplewood: local market and quotation of Citadele shares in stock market is priority

The Latvian government has recognized the U.S. investors chosen as the most suitable buyers for Citadele Bank, as they are ready to pay an "honest price" at the same time offering a sound vision regarding the bank's development, one of the investors of the U.S. fund Ripplewood Holdings, Tim Collins, told LETA.

19.09.2014

Fund to support victims of Ukraine conflict set up in Latvia

The Latvian Medical Association has established a fund to support victims of the Ukraine conflict, the association's spokeswoman Sendija Burka-Saicanova informed LETA.

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