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International Internet Magazine. Baltic States news & analytics Thursday, 29.10.2020, 12:31

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Lithuania, Latvia to continue EU-funded cross-border cooperation program without Belarus

Lithuania, Latvia to continue EU-funded cross-border cooperation program without Belarus

29.10.2020

Lithuania and Latvia will continue to carry out projects under the EU-funded cross-border cooperation program without Belarus, at least for now, Interior Minister Rita Tamasuniene said LETA/BNS.

Keyword tags: Baltic States – CIS, EU – CIS, Funds, Latvia, Lithuania



Shareholders decide to sell controlling stake in Valmieras Stikla Skiedra to Luxembourg's investment fund

Shareholders decide to sell controlling stake in Valmieras Stikla Skiedra to Luxembourg's investment fund

28.10.2020

Shareholders have decided to sell a controlling 83.14% stake in Latvia's Valmieras Stikla Skiedra fiberglass producer to Luxembourg's alternative investment fund Duke I S.à r.l. (Duke), according to the Latvian company's statement to Nasdaq Riga, writes LETA.

EIB supports ALTUM to help Latvian businesses

EIB supports ALTUM to help Latvian businesses

28.10.2020

EUR 130 mln in financing to support ALTUM’s measures to help Latvian businesses cope with the economic consequences of the Covid-outbreak. Signed in early July, so far more than 470 Latvian businesses have been supported with various measures, including lower interest rates and longer repayment horizons.


EfTEN Capital acquires Bergi logistics center in Latvia

EfTEN Capital acquires Bergi logistics center in Latvia

28.10.2020

EfTEN Real Estate Fund 4, a fund managed by EfTEN Capital, has signed an agreement with investment fund Lords LB Baltic Fund III on acquisition of logistics center Bergi, BC learned from EfTEN Capital representaitve Renate Kaupasa.

Private gatherings indoors and outdoors to be limited to 10 people in Latvia

Private gatherings indoors and outdoors to be limited to 10 people in Latvia

27.10.2020

The government decided that starting from Friday, October 30, there will be new restrictions on gathering of people in Latvia, informs LETA.


26.10.2020

Estonia: Subsidiary of PRFoods borrowing from Rural Development Foundation

Listed Estonian fish and fish products seller AS PRFoods has approved its subsidiary Osauhing Vettel taking a six-year investment loan in the amount of one million euros from the Rural Development Foundation, writes LETA/BNS.

22.10.2020

SmartCap to invest EUR 15 mln in High-tech Enterprises Fund in Estonia

The Estonian state-owned venture capital fund manager SmartCap will increase its anchor investment in the High-tech Enterprises Fund to 15 million euros, to which the private capital raised by the management company will be added, informs LETA/BNS.

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