Investments

International Internet Magazine. Baltic States news & analytics Friday, 22.11.2019, 18:26

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Estonia: East Capital acquires logistic park near Riga airport for EUR 19 mln

Estonia: East Capital acquires logistic park near Riga airport for EUR 19 mln

22.11.2019

East Capital's third real estate fund has acquired a logistic park near Riga International Airport from specialist developer Piche for 19 mln euros, reported LETA.

Keyword tags: Estonia, Good for Business, Investments, Latvia, Logistics, Real Estate, Transport



France's Idex may invest up to EUR 200 mln in Lithuania

France's Idex may invest up to EUR 200 mln in Lithuania

21.11.2019

France's renewable energy group Idex, which is part of Antin, one of Europe's largest investment companies, may invest up to 200 mln euros in Lithuania, according the business daily Verslo Zinios information reported LETA/BNS.

Foreign Direct Investment and Business Development

Foreign Direct Investment and Business Development

19.11.2019

Report of the Session “The Investment Environment of Business Development: The Key Issues Faced by Foreign Investors” at the III International Economic Forum, Riga, Latvia, 1 November, 2019.


Lithuania's Orlen Lietuva gears up for million worth investment

Lithuania's Orlen Lietuva gears up for million worth investment

13.11.2019

Lithuanian oil refiner Orlen Lietuva, owned by Polish oil group Orlen, is getting ready for investments worth several hundred million euros, according the Verslo Zinios information writes LETA/BNS.

Estonia: Roofit Solar Energy raises additional capital

Estonia: Roofit Solar Energy raises additional capital

11.11.2019

Estonian producer of metal roofs with integrated solar panels Roofit Solar Energy has raised additional capital for its development and expansion onto export markets, informed LETA/BNS.


06.11.2019

Investment solutions during low interest rates era

Central banks both in Europe and in the U.S. continue to conduct their expansionary monetary policy, which means that interest rates are going to be kept at very low levels also looking forward. These are good news for the borrowers as loans are not expected to become more expensive. On the other hand, it is not possible to get decent returns on the invested cash in this environment: deposit rates just marginally exceed zero percent level, while government bond yields are virtually 0%. If one also adds the inflation rate, it becomes clear that the cash capital is losing its value.

04.11.2019

European Open Science Cloud: Strategic Implementation Plan

European Open Science Cloud (EOSC) ultimate aim is to create a “global data structure”, which - as a result of standardization, data repositories and processing of relevant data -can be used by scientists and others for the benefit of national socio-economic development. In the Supplement, there is info on more than 20 EOSC projects covering ICT cooperation in various fields of scientific research.

04.11.2019

Investors and Latvian startups invited to apply for a matchmaking breakfast at Slush 2019

Magnetic Latvia Startup, together with TechChill, organizes a startup-investor matchmaking breakfast in Helsinki on November 22 as part of Slush 2019, the international startup and technology conference. The registration for the event is open, and startups are asked to sign up until November 10.

04.11.2019

EUR 25 mln invested in Outlet Village near Riga

Construction of Phase 1 of Via Jurmala Designer Outlet Village in Pinki, near Riga, which has cost over EUR 25 mln, will be completed at the end of this year, representatives of the project's developer Outletico informed LETA.

29.10.2019

Fund of Lithuania's Ignitis Group invests in Israel's H2Pro

Smart Energy Fund powered by Ignitis Group and managed by Contrarian Ventures invested in Israel-based company H2Pro which develops innovative and green hydrogen production technology that produces 30% more hydrogen than traditional electrolysis per kWh, Ignitis Group representatives informed BC.

28.10.2019

Lithuania's Modus Group to invest EUR 25 mln into biogas projects in Poland

Lithuania's Modus Group, a solar park developer and biogas power plant builder owned by businessman Kestutis Martinkenas, plans to invest over 25 million euros into the construction of five biogas power plants with a total capacity of 5 MW, reported LETA/BNS.

28.10.2019

EU’s strategic investments for additional growth and jobs in the states

Commission’s “investment plan for Europe” since 2015 played a key role in boosting jobs and growth in the EU member states. Investments by the European Investment Bank (EIB) Group backed by the EU’s Fund for Strategic Investments (EFSI) have increased EU’s GDP by about one per cent and added over 1 million jobs.

25.10.2019

Ignitis Group in Poland focuses on the development of Pomerania wind farm

International energy company Ignitis Group in Poland, which is one of the key markets for the company, focuses on the development of Pomerania wind farm. The project of this park won a guaranteed tariff in Poland‘s auction for renewable energy projects last year. Meanwhile, a conditional agreement between Ignitis group and Wento, a Polish company developing wind and solar power plants, was terminated due to unfulfilled one of the main conditions of agreement.

24.10.2019

New head of Latvian Investment and Development Agency being sought in tender

The State Chancellery has announced a tender to pick a new director for the Latvian Investment and Development Agency, according to an announcement published in the official gazette Latvijas Vestnesis writes LETA.

21.10.2019

Investors from Latvia, Ukraine, Czech Republic eyeing Olainfarm - chairman

Investors from Latvia, Ukraine and the Czech Republic have been eyeing Latvia's Olainfarm pharmaceutical group, Gundars Berzins, chairman of the Olainfarm supervisory board, said on Latvian Radio on Monday, cited LETA.

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