Investments

International Internet Magazine. Baltic States news & analytics Friday, 25.09.2020, 12:49

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Sweden's Eastnine wants to built wooden office building in Vilnius

Sweden's Eastnine wants to built wooden office building in Vilnius

24.09.2020

Swedish investment company Eastnine, operating the 3 Bures (3 Sails) office complex in Vilnius, would like to build a wooden office building near this complex. It would be the first wooden high-rise building in Lithuania, informs LETA/BNS.

Keyword tags: Construction, EU – Baltic States, Good for Business, Investments, Lithuania, Real Estate



Enterprise Estonia has helped over 100 companies in UAE

Enterprise Estonia has helped over 100 companies in UAE

24.09.2020

More than 100 companies have received export advice and support through the foreign representation of Enterprise Estonia (EAS), which opened in the United Arab Emirates (UAE) in February 2019, informs LETA/BNS.

Latvian, Estonian road authorities launching EUR 2.6 mln cooperation project

Latvian, Estonian road authorities launching EUR 2.6 mln cooperation project

23.09.2020

The road administrations of Latvia and Estonia are launching a EUR 2.6 million cooperation project aiming to make traffic on the international route safer and smoother and achieve driving time savings, informs LETA/BNS.


Foreign investments in Latvia not to grow considerably, but no steep reduction is expected

Foreign investments in Latvia not to grow considerably, but no steep reduction is expected

23.09.2020

Along with the Covid-19 crisis, most believably, foreign investments in Latvia will not grow considerably, but there is not steep reduction expected, either, said Gunta Jekabsone, the board chairwoman of the Foreign Investors' Council in Latvia (FICIL), in an interview with LETA.

Lithuania: Ignitis Grupe's fund invests EUR 0.3 mln. into Swedish startup Eliq

Lithuania: Ignitis Grupe's fund invests EUR 0.3 mln. into Swedish startup Eliq

22.09.2020

Ignitis Inovaciju Fondas (Ignitis Innovation Fund), an investment fund established by Ignitis Grupe (Ignitis Group), Lithuania's state-owned energy group, has invested 295,000 euros in Eliq, a Swedish startup creating software solutions for the energy sector, the group said.


22.09.2020

Luminor lends EUR 2 mln for plastic packaging plant in Lithuania

Luminor Bank has loaned 1.9 million euros for the construction of a new plastic packaging plant of Terekas, a Lithuanian company that operates abroad under the FlexBlow brand, in the western district of Kretinga, informs LETA/BNS.

18.09.2020

Investors advised by J.P. Morgan buy Nordic, Baltic energy provider Adven

Investment companies Infracapital and AMP Capital announced on Friday that they have agreed the sale of their combined ownership interest in Adven, a leading provider of energy solutions across the Nordics and Baltics, to institutional investors advised by J.P. Morgan Asset Management, reports LETA/BNS.

18.09.2020

Saga shopping mall in Riga to open in November

Shopping mall Saga in Riga will open on November 10, as the mall's representatives told LETA.

17.09.2020

Estonia joined the Three Seas Investment Fund

The board of the Three Seas Investment Fund, yesterday confirmed that Estonia joined the fund as core investor. The Government decided to participate in the Fund in April of this year and Estonia will invest up to 20 million Euros into the Fund.

17.09.2020

Norwegian airlines to open international service center in Riga

Norwegian low-costs airline Norwegian Air Shuttle (Norwegian) will open an international service center in Riga, LETA learned from the Latvian Investments and Development Agency.

17.09.2020

Lithuania`s Ignitis and Sun Investment concluded the largest deal for development and acquisition of solar parks in Central Europe

Ignitis Group is increasing the portfolio of projects of green generation. Ignitis renewables, subsidiary of Ignitis Group, signed an agreement to acquire a portfolio of solar parks in Poland from the solar developer Sun Investment Group (SIG). The total capacity of these projects will reach up to 170 MW, Ignitis Group`s representative informed BC.

17.09.2020

Latvia`s iCotton plans to purchase diaper production line for EUR 2.007 mln

Liepaja hygiene products maker iCotton plans to purchase a diaper production line with automatic packaging for EUR 2.007 mln, according to information published on the internet website of the Procurement Supervision Bureau writes LETA/BNS.

17.09.2020

Eesti Energia wants to build EUR 280 mln methanol plant

As part of East-Viru County plans for a fair transition to sustainable economy, Estonia's state-owned energy group Eesti Energia seeks to build a methanol production complex in the county, the estimated cost of which will be 280 million euros, reports LETA/BNS.

16.09.2020

Estonian Sentinel raises over EUR 1 mln in investment

Sentinel, an Estonian defense technology startup founded by NATO's artificial intelligence and cyber defense experts, raised 1.35 million U.S. dollars, or approximately 1.14 million euros, in investment, the daily Postimees writes, cites LETA/BNS.

15.09.2020

Medical technology firm Dexcom to open services center in Vilnius in 2021

US medical technology company Dexcom is set to open a global business services (GBS) center in Vilnius next year, Invest Lithuania said.

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