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International Internet Magazine. Baltic States news & analytics Thursday, 30.03.2017, 19:28

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 Nordecon to reconstruct Haabersti road intersection for EUR 19.8 mln

Nordecon to reconstruct Haabersti road intersection for EUR 19.8 mln

30.03.2017

The infrastructure services department of the City of Tallinn has signed an order declaring a tender offer by the listed construction group Nordecon AS priced at 19.8 mln euros as winner of the tender for the contract to reconstruct the Haabersti road intersection on the western outskirts of Tallinn, reports LETA/BNS.

Keyword tags: Construction, Estonia, EU – Baltic States, Financial Services, Funds, Markets and Companies, Real Estate, Transport



Estonia's Capital Mill to invest EUR 3.3 mln in Rimi store renovation in Vilnius

Estonia's Capital Mill to invest EUR 3.3 mln in Rimi store renovation in Vilnius

30.03.2017

Estonian-owned real estate investment management company Capital Mill plans to invest 3.3 mln euros in a major renovation of a Rimi store in Vilnius, with YIT Kausta, a leading Lithuanian building company, expected to complete the work by late September, reports LETA/BNS.

Fund Ehitus to build Tallinn headquarters of EU IT agency for EUR 8.8 mln

Fund Ehitus to build Tallinn headquarters of EU IT agency for EUR 8.8 mln

29.03.2017

The Estonian state real estate management company RKAS and Fund Ehitus OU signed an agreement on Tuesday whereby Fund Ehitus will build the headquarters of the European Agency for the Operational Management of large-scale IT Systems in the Area of Freedom, Security and Justice (eu-LISA) in Tallinn for more than 8.8 mln euros, reports LETA/BNS.


Riga teacher academy to be liquidated on October 1

Riga teacher academy to be liquidated on October 1

29.03.2017

Riga Teacher Training and Educational Management Academy will cease to exist on October 1, 2017, the Cabinet of Ministers decided writes LETA.

A new European project "Baltic Musical Seasons” presented in Riga

A new European project "Baltic Musical Seasons” presented in Riga

28.03.2017

The other day a press conference was held in Riga, where a new project was presented, claiming to take a lead role in the cultural life of Northern Europe and Latvia - the "Baltic Musical Seasons” Festival. The project is supported by a Fund specially established for this purpose. Participants of the Fund are large local and foreign entrepreneurs. This event is financially supported also by Rietumu Bank, which continues its programme of promoting of classical music.


27.03.2017

Capitec Bank invests €21M in European fintech Creamfinance

Today, Creamfinance, a leading consumer finance provider and the fastest-growing European fintech, announced the closure of a €21 million deal in Series B financing with Capitec Bank Holdings Limited (“Capitec”), BC was told at the Creamfinance.

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