Investments

International Internet Magazine. Baltic States news & analytics Wednesday, 16.01.2019, 16:37

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JBIC invests EUR 40 mln in venture capital fund focusing on Baltic, Nordic region

JBIC invests EUR 40 mln in venture capital fund focusing on Baltic, Nordic region

16.01.2019

The Japan Bank for International Cooperation (JBIC) is to invest 40 million euros in the fund focusing on venture capital investments in the Nordic and Baltic region and early stage investments in technology companies, informed LETA/BNS.

Keyword tags: Baltic, Banks, Financial Services, Funds, Good for Business, Investments



EUR 1.5 bn invested in Latvian economy in return for residence permits in 8 years

EUR 1.5 bn invested in Latvian economy in return for residence permits in 8 years

16.01.2019

From July 1, 2010 to June 30, 2018, nonresidents invested EUR 1.473 billion in the Latvian economy in exchange for temporary residence permits, according to a report on the implementation of the Immigration Law which was presented to the government, informed LETA.

Construction of Lidl retail store started in Jekabpils

Construction of Lidl retail store started in Jekabpils

15.01.2019

onstruction of Lidl retail store has been started in Jekabpils, LETA observed.


Dobeles Dzirnavnieks grain mill plans to invest EUR 30 mln in development

Dobeles Dzirnavnieks grain mill plans to invest EUR 30 mln in development

10.01.2019

Latvia's largest grain mill Dobeles Dzirnavnieks has launched implementation of a large-scale development project, planning for investments of EUR 30 mln in the coming years, the company reported.

Bonava Latvija to invest EUR 40 mln in development of Dreilina Majas housing project

Bonava Latvija to invest EUR 40 mln in development of Dreilina Majas housing project

09.01.2019

Real estate developer Bonava Latvija has begun construction of a new complex of apartment buildings, Dreilinga Majas, in Stopini Region near Riga, as the company told BC.


07.01.2019

Estonian Venture Capitalists Vote Veriff the Estonian Startup of the Year

According to the poll conducted among Estonian venture capitalists by the Estonian radio program Restart, Veriff was voted as the Estonian startup of the year in 2018.

04.01.2019

Quay upgrades to allow Lithuania's Klaipedos Nafta to accommodate 3 tankers at a time

The Lithuanian seaport of Klaipeda is set to upgrade two quays used by the state-run oil product and liquefied natural gas (LNG) terminals operator Klaipedos Nafta, informed LETA/BNS.

03.01.2019

Lithuania's cumulative direct investment abroad reaches EUR 3.7 b

Lithuanian companies' cumulative direct investment abroad totaled 3.7 billion euros in late September 2018, a rise of 19% compared with a year ago, informed LETA/BNS.

03.01.2019

SEB: Latvian companies planning to invest less than Estonian, Lithuanian companies in 2019

Latvian large companies' investment plans for this year are not as ambitious as the plans of Lithuanian and Estonian companies.

03.01.2019

In Q3 2018 FDI reinvestments went up in Lithuania

Bank of Lithuania and Statistics Lithuania has published the provisional data on direct investment (DI) for Q3 2018. The latest data release indicates that foreign direct investment (FDI) flow in Lithuania amounted to €85.3 mln. In Q3 2018, reinvestments went up and amounted to €464.3 mln.

03.01.2019

Lithuanian businessman Ziemelis to invest EUR 20 mln into hotels in Vilnius, Riga

AviaAM Leasing, an aircraft leasing and management company indirectly owned by Lithuanian businessman Gediminas Ziemelis, announced plans to invest 20 million euros into the construction of two hotels in Lithuania and Latvia over the next two years, reported LETA/BNS.

02.01.2019

Estonian kayak manufacturer buys French co BIC Sport for EUR 6-9 mln

The Estonian manufacturer of watersports equipment Tahe Outdoors OU is continuing its international expansion and bought BIC Sport, the watersports subsidiary of the French BIC group, for 6 to 9 mln euros, reported LETA/BNS.

27.12.2018

Lithuanian Energy buys wind farm project in Mazeikiai District

ithuania's state-run energy group Lietuvos Energija (Lithuanian Energy) said on Thursday it had bought a wind farm project in the country's northwestern district of Mazeikiai for an undisclosed value, reported LETA/BNS.

27.12.2018

SEB issues EUR 80 mln expansion loan to Klaipedos Smelte

Klaipedos Smelte, one of the largest stevedoring companies in Lithuania's port of Klaipeda, owned by international container terminal operator Terminal Investment, will invest into increasing its capacity with a ten-year loan of 80 mln euros from SEB, reported LETA/BNS.

27.12.2018

Lidl tops Lithuania's retailer list in terms of investment in 2018

German-owned retailer Lidl Lietuva invested 47 mln euros in expansion this year, almost twice as all the other market players whose combined investments plunged by 46 % year-on-year to at least 26 mln euros, informed LETA/BNS.

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