Investments

International Internet Magazine Friday, 09.05.2008, 19:32

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Vitol is ready to invest in Ventspils nafta, but expects support from Latvian government

08.05.2008

Management of the oil and gas company Vitol Group (Vitol), the largest shareholder of the joint-stock company Ventspils nafta (Ventspils Oil, VN) today, in a meeting with Prime Minister Ivars Godmanis (Latvia's First Party/Latvia's Way), promised new investments in Latvia, emphasizing that at the same time it expects government's support in protecting them.

Keyword tags: Energy, Investments, Latvia, Markets and Companies

Lithuanian Invalda approved new operating strategy

29.04.2008

The Lithuanian investment company Invalda announced that its board approved the new operating strategy to concentrate the group’s activity on two fields – asset management as well as private and investment banking.

Keyword tags: Financial Services, Investments, Markets and Companies

Latvian Investment and Development Agency receives World Association of Investment Promotion Agencies award

25.04.2008

Latvian Investment and Development Agency (LIDA) has received an award for promoting investment-friendly state policy at the annual Investment Conference of the World Association of Investment Promotion Agencies (WAIPA), which took place in Accra, Ghana, as LETA was informed by the LIDA Marketing and Communications Department.

Keyword tags: Analysis, Investments, Latvia

Estonia: Government cuts jubilee celebrations’ costs

25.04.2008

On Thursday the Government committee decided to cut the expenses for jubilee celebrations dedicated to the 90th anniversary of the Republic of Estonia by 12.9 million kroons, writes EPL Online.

Keyword tags: Analysis, Estonia, Investments

Latvian-German manufacturer Vermerk to be sold

24.04.2008

It is likely that Latvian-German joint venture light-bulb manufacturer Vermerk will be sold to investors from Russia or Ukraine, as newspaper "Biznes&Baltija" reports today.

Keyword tags: Investments, Latvia, Markets and Companies

Industrial parks in Lithuania

23.04.2008

The Government of Lithuania and the respective municipalities have selected nine industrial sites, which are now being prepared as industrial parks with all necessary physical infrastructure (electricity, gas, sewerage, roads, etc.). The industrial parks are planned to be ready for businesses’ use as early as 2008 – 2009, reports BC.

Keyword tags: Analysis, Investments, Lithuania, Transport

Baltic Trust Bank to decide on renaming the bank

22.04.2008

Baltic Trust Bank (BTB) is going to decide on a new name for the bank in a shareholders meeting today, as LETA learned from the BTB Head of the Communications department Nora Grase.

Keyword tags: Banks, Financial Services, Investments

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