Investments

International Internet Magazine. Baltic States news & analytics Saturday, 27.02.2021, 14:39

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Hanza Holding investing in its Tartu plant

Hanza Holding investing in its Tartu plant

18.12.2020

Swedish technology company Hanza Holding AB is expanding its capacity for regional manufacturing in the Baltics by investing about 80 million Swedish kronor or 7.9 million euros in a new production facility of just over 12,000 square meters in Tartu, Estonia, reports LETA/BNS.

Keyword tags: Estonia, EU – Baltic States, Good for Business, Investments, Markets and Companies



Largest-ever Baltic startup report launched - investor optimism grows, despite pandemic and fall in funding in 2019

Largest-ever Baltic startup report launched - investor optimism grows, despite pandemic and fall in funding in 2019

17.12.2020

Startup Wise Guys together with EIT Digital have launched their 3rd annual Baltic Startup Scene report, the largest to-date. For the first time ever, Baltic startups saw a reduction in total funding in 2019. Despite this, survey insights along with funding data for 2020 reveal that investor and startup optimism is rebounding, with 2020 H1 significantly outperforming 2019 H1 in terms of funding, even with the onset of a pandemic-induced economic downturn.

BPM Mezzanine Fund invested in Latvian dairy company Smiltenes Piens

BPM Mezzanine Fund invested in Latvian dairy company Smiltenes Piens

16.12.2020

BPM Mezzanine Fund SICAV-SIF, SCA (BPM) invested in the buy-out of a well-known Latvian dairy company Smiltenes Piens in August 2019, as former owners of the company were looking forward to retire and Latvian entrepreneur Armands Kovaldiņš saw Smiltenes Piens with its well-known brands and quality leadership as an attractive target to be developed further and expand into export markets as well, informed BMP Mezznine Fund representative.


Bolt raises EUR 150 mln

Bolt raises EUR 150 mln

16.12.2020

Estonian transport company Bolt announced on Wednesday that it has raised 150 million euros in its biggest investment round ever, informs LETA/BNS.

Klaipedos Smelte completes key expansion phase

Klaipedos Smelte completes key expansion phase

15.12.2020

A fifth ship-to-shore container crane has been delivered to Klaipedos Smelte, one of the biggest stevedoring companies in the Lithuanian port of Klaipeda, owned by international container terminal operator Terminal Investment, informs LETA/BNS.


10.12.2020

Balticovo egg producer to invest EUR 13 mln in production plant

Balticovo egg producer has launched construction of a new production plans and will invest EUR 13 mln in it, LETA learned from the company, writes LETA.

10.12.2020

Riga Tourism Development Bureau to be liquidated

The Riga Tourism Development Bureau (RTAB) will be liquidated, but an agency aimed at attracting investments and tourism will be established on its basis, the Public Relations Department of the Riga City Council informed LETA.

09.12.2020

Estonian parlt adopts 2021 state budget

he Estonian parliament on Wednesday adopted the 2021 state budget, the expenditures of which total 13.1 billion euros and revenues some 11.3 billion euros, informs LETA/BNS.

09.12.2020

EfTEN Real Estate Fund 4 acquired SBA logistics and production site in Klaipėda

Eften Real Estate Fund 4 has acquired in Lithuania SBA logistics and production site, in the proximity of Klaipeda Sea Port; the deal value is 28.6 mlnn euros and it was financed by Luminor, informed funds representative.

08.12.2020

Latvia has attracted EUR 204 mln worth of foreign investments in 9 months

In the first nine months of this year, Latvia has attracted foreign investments in the amount of EUR 204 million, the director of the Latvian Investment and Development Agency (LIAA) Kaspars Rozkalns said during a press conference on December 7th, cites LETA.

07.12.2020

Giga buying wood processing company Textuur in Estonia

AS Telver, a subsidiary of AS Giga, wishes to acquire 100% of the shares in the Estonian wood industry company AS Textuur, reports LETA/BNS.

04.12.2020

Capital Mill celebrates topping out of 26-story Skyon building in Tallinn

Skyon Building, a 25-million-euro, 26-story brand new structure in Tallinn developed by Capital Mill, has achieved its full height, informs LETA/BNS.

03.12.2020

EU Commission approves Latvia's support mechanism for hotels

The European Commission has approved Latvia's support mechanism intended to help crisis-stricken hotels cover their operating costs in the current times of crisis, writes LETA, according to the Economics Ministry's statement published in the official gazette Latvijas Vestnesis.

03.12.2020

Estonian tech startup Salv raises EUR 1.5 mln

Estonian startup Salv has announced closing a funding round of 1.5 mln euros to expand its anti-money laundering pilot to other European Union countries.

03.12.2020

Tallinn to contribute EUR 85,000 towards OECD program on circular economy

The city of Tallinn is set to contribute 85,000 euros towards the program of the Organization for Economic Cooperation and Development (OECD) titled "Program on the Circular Economy in Cities and Regions", informs LETA/BNS.

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