Funds

International Internet Magazine. Baltic States news & analytics Monday, 17.12.2018, 04:57

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EfTEN to buy the property of ABC Motors sales and service centre in Tallinn

EfTEN to buy the property of ABC Motors sales and service centre in Tallinn

14.12.2018

EfTEN kolmas OÜ, a subsidiary of EfTEN Real Estate Fund III, has signed a contract with ABC Motors to buy their properties on Paldiski road in Tallinn. ABC Motors will continue the sales and servicing of Renault and Dacia vehicles on the same premises as before, informed EfTEN representative.

Keyword tags: Estonia, Funds, Good for Business, Real Estate



Estonia's Autolevi raises EUR 225,000 on Funderbeam to expand business in Finland

Estonia's Autolevi raises EUR 225,000 on Funderbeam to expand business in Finland

07.12.2018

The Estonian peer-to-peer car rental service Autolevi has raised 225,000 euros via the crowdfunding platform Funderbeam, which it is about to use to expand operations in Finland, informed LETA/BNS.


BaltCap setting up EUR 100 mln fund for investments in Baltic, Nordic region

BaltCap setting up EUR 100 mln fund for investments in Baltic, Nordic region

05.12.2018

BaltCap, the largest private capital fund manager in the Baltic states, and Japan's fund manager JBIC IG Partners are setting up a new 100-mln-euro fund for investments in deep tech firms in the Nordic and Baltic countries.

Smart Energy Fund together with the partners is investing in Sterblue

Smart Energy Fund together with the partners is investing in Sterblue

05.12.2018

Smart Energy Fund powered by Lietuvos Energija, managed by Contrarian Ventures is investing in French and US start-up Sterblue which develops software for non-pilot aircraft (drones) allowing inspecting power lines and wind turbines without human intervention, Lietuvos energija representative informed BC.


05.12.2018

Estonian Entrepreneurs Launch One-Million-Euro Education Fund

Estonian Entrepreneurs launch a philanthropy fund called The Good Deed Education Fund. The fund’s goal is to provide seed capital for innovative initiatives in Estonian education. Over the next three years, the fund plans to contribute 1 million euros to impactful educational initiatives, Fund representative informed BC.

03.12.2018

HansaMatrix gets first Juncker Plan support for a private sector company in Latvia

The EIB has signed a EUR 10 million financing agreement with AS HansaMatrix of Latvia, to expand its manufacturing capacity and build a more all-round business model. The facility is made possible by the European Fund for Strategic Investments (EFSI), the core of the Investment Plan for Europe, and was supported in the initial stages by Latvian investment agency ALTUM, said EIB in press release.

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