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Monday, 31.08.2015, 07:41
Moody’s credit rating on Eesti Energia remained unchanged, at the level Baa2, with the stable rating outlook, reports the enterprise in a press release.
Keyword tags: Energy, Estonia, Investments, Rating
"BaltCap Private Equity Fund II" has pushed through acquisition of the realty investment management firm BPT Real Estate, which operates in all three Baltic States and Poland, informs LETA.
The new European Commission's investment package will bring 129.6 million euros to the Estonian marine, fishing and agricultural industry, writes LETA/Postimees Online.
Citadele: businesspeople optimistic about investments, pessimistic about overall economics in Latvia26.08.2015
Managers of small and large companies in Latvia are optimistic about investments in their companies, but in all groups of companies, the most pessimistic views are about the overall level of economic activities in Latvia, the latest Citadele Index study show, reports BC head of external Communications at Citadele bank Baiba Abelniece.
Margus Linnamäe, entrepreneur who is currently fast developing his media business in the Baltic States, will have to sell BNS' Latvian subsidiary in order to be able to acquire full ownership of LETA, writes Äripäev/LETA.
Statistics Lithuania has reported based on preliminary data that in the second quarter of 2015 investments in tangible fixed assets in Lithuania amounted to EUR 1.4 billion and, compared with the second quarter of 2014, increased by 10%, informs LETA/ELTA.
The European Bank for Reconstruction and Development (EBRD) is acquiring a minority stake in Eco Baltia JSC, a leading provider of waste treatment in Latvia and the Baltic states. The Bank’s investment of €10 million will be used to finance construction of a mechanical biological treatment plant for household waste.
Chairman of the Supervisory Board of LHV Bank Rain Lõhmus revealed on Monday that the bank is planning to be listed on the stock market next year, writes Äripäev.ee/LETA.
On Thursday, August 20, Latvian Prime Minister Laimdota Straujuma held a meeting with the U.S. Congress Senators John McCain, Sheldon Whitehouse and John Barrasso, reports BC press secretary to the Prime Minister Aiva Rozenberga.
In cooperation with the new partners from Andorra a law firm INLAT PLUS in Latvia introduces Andorra – a country which is maybe not so popular yet as Switzerland among those willing to open a bank account or immigrate, still this microstate located in the eastern Pyrenees between France and Spain has a lot of advantages and in some ways is even better than Switzerland.
Marcis Martinsons was the highest earner in Latvia last year, according to a study done by independent journalist Lato Lapsa, Lursoft, and magazine "Kapitals", cites LETA.
Joint-stock company Aldaris posted EUR 28.62 million in turnover in 2014, a decrease of 21% compared to 2013, while the company's losses decreased threefold to EUR 3.40 million, reports LETA, according to information from Firmas.lv.
The Lithuanian Government will submit over 450 draft laws for the consideration of Parliament during the autumn session 2015, reports LETA/ELTA.
The joint-stock metallurgical company KVV Liepajas metalurgs plans to resume full-scale operations in October 2015, however, it will require support from the Latvian government, the company's board member Igor Talanov said in an interview with Latvian State Radio today, cites LETA.
On 18 August 2015, Siauliu Bankas has received a notification from the Bank of Lithuania stating that the Board of the Bank of Lithuania passed a resolution to agree with reorganisation of the bank Finasta AB merging it with Siauliu Bankas AB by acquisition, Siauliu Bankas has announced LETA/ELTA.