Funds

International Internet Magazine. Baltic States news & analytics Friday, 17.08.2018, 22:07

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Estonian govt: Construction of eastern border to continue based on present project

Estonian govt: Construction of eastern border to continue based on present project

16.08.2018

The Estonian government decided at Thursday's Cabinet meeting that constructing the eastern border will be carried out in full in accordance with the project of the Police and Border Guard Board (PPA) -- the border is to cost around 190 mln euros and will be ready by 2026, reported LETA/BNS.

Keyword tags: Baltic States – CIS, Construction, Estonia, EU – Baltic States, Funds



NAV of Baltic Horizon unit up 0.72% in July

NAV of Baltic Horizon unit up 0.72% in July

15.08.2018

Net asset value (NAV) of the commercial real estate fund Baltic Horizon Fund as at the end of July 2018 was 1.391 euros per unit, 0.72% higher compared to the previous month.

Latvia has absorbed all EU funding allocated in programming period 2007-2013

Latvia has absorbed all EU funding allocated in programming period 2007-2013

09.08.2018

Latvia has received and used up all financial support from the European Union’s funds that was made available to Latvia in the programming period 2007-2013, the Finance Ministry said in its monthly report on progress in the implementation of the cohesion policy and EU-funded projects, informed LETA/BNS.


Magnetic MRO mulling leaving Estonia

Magnetic MRO mulling leaving Estonia

08.08.2018

The aircraft maintenance company Magnetic MRO is considering relocating its base from Estonia because restrictions on hiring foreign workforce and the tax environment are hindering the company's growth, informs LETA/BNS referring to the Eesti Ekspress newspaper.

Livonia Partners buys 1/3 in Lithuanian manufacturer of refrigerating equipment

Livonia Partners buys 1/3 in Lithuanian manufacturer of refrigerating equipment

08.08.2018

The private equity investment firm Livonia Partners has agreed to buy a 33% equity stake in the Lithuanian manufacturer of refrigerating equipment Freor from Accession Mezzanine Capital, informs LETA/BNS.


03.08.2018

EC OKs earlier direct payments to Lithuanian farmers due to drought

The European Commission has allowed making part of direct payments to Lithuanian farmers, affected by the recent drought, earlier, reported LETA/BNS.

26.07.2018

H1 profit of Eften Real Estate Fund III falls 21.9% on year

Sales of the listed Estonian fund Eften Real Estate Fund III AS grew 16% on year in the first six months of 2018 to 4.1 mln euros, while net profit fell 21.9% to 3.1 mln euros.

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