Funds

International Internet Magazine. Baltic States news & analytics Thursday, 23.11.2017, 05:24

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Capital of Latvia's private pension funds grows 9.7% in 10 months

Capital of Latvia's private pension funds grows 9.7% in 10 months

17.11.2017

During the first ten months of 2017, Latvia's private pension funds increased their aggregate capital by EUR 37.064 million or 9.7% to EUR 417.661 million, according to the information from manapensija.lv portal, cites LETA.

Keyword tags: Financial Services, Funds, Investments, Latvia



Baltic Horizon Fund buys office building in Riga

Baltic Horizon Fund buys office building in Riga

16.11.2017

Baltic Horizon Fund has acquired an office building at 1 Vainodes Street in the Latvian capital Riga for EUR 21.3 million, informs LETA/BNS.

Cohesion Fund to allot EUR 11.7 mln for water supply, sewerage projects in Riga and Daugavpils

Cohesion Fund to allot EUR 11.7 mln for water supply, sewerage projects in Riga and Daugavpils

10.11.2017

More than EUR 11.7 million will be made available from the Cohesion Fund for implementation of water supply and sewerage projects in Riga and Daugavpils, the Central Finance and Contracting Agency informed LETA.


EUR 12 mln from EU funds to be available for social entrepreneurship in Latvia until 2022

EUR 12 mln from EU funds to be available for social entrepreneurship in Latvia until 2022

09.11.2017

The Latvian development finance institution Altum has started offering a new state aid program to support social entrepreneurship and altogether EUR 12 million will be available under this program until 2022, Altum board chairman Reinis Berzins told the press, cites LETA.

Audit Office: Estonia must prepare for decrease in EU support

Audit Office: Estonia must prepare for decrease in EU support

07.11.2017

Estonian Auditor General Alar Karis on November 6th handed over to parliament speaker Eiki Nestor the annual report of the National Audit Office, which focuses on the need to make preparations to ensure the smooth fulfillment of some of the state's tasks also in the event that the support of the European Union significantly decreases, reports LETA/BNS.


03.11.2017

Attractive opportunities for investments – REIT REIT from Rietumu Asset Management

Rietumu Asset Management (RAM) company has offered a new product for its customers – “REIT Basket” – a diversified portfolio of funds that invest in real estate. Such investments allow a stable dividend yield to be received, with the commensurate reliability of financial instruments, informed BC Rietumu bank’s press service.

01.11.2017

Combating globalisation and assisting redundant workers

The new European Globalisation Adjustment Fund (EGF) report showed the EU’s solidarity with workers falling victim to mass lay-offs caused by globalisation. During just two years, about 9 thousand workers have been adjusted to changing trade patterns and consequences of the economic and financial crisis. In the Baltic States, however, only Estonia has used the EGF financial assistance.

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