Investments

International Internet Magazine. Baltic States news & analytics Saturday, 25.10.2014, 06:28

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Intermedix opens service centre in Kaunas

Intermedix opens service centre in Kaunas

24.10.2014

Minister of Economy Evaldas Gustas attended the opening ceremony of the US health care company Intermedix service centre in Kaunas, informs LETA/ELTA. Priomi Minister Algirdas Butkevicius was also present.

Keyword tags: EU – Baltic States, Good for Business, Investments, Lithuania, Markets and Companies, Medicine, USA



Nevertel plans to invest EUR 10 mln in new controversial hotel in Old Town Riga

Nevertel plans to invest EUR 10 mln in new controversial hotel in Old Town Riga

24.10.2014

The Lithuanian real estate company Nevertel plans to invest about EUR 11 million in the new hotel at 25 Grecinieku Street in the Old Town of Riga, as Nevertel representative in Latvia Ramona Miglane revealed, cites LETA/Nozare.lv.

Amber Beverage opens new logistics centre in Latvia

Amber Beverage opens new logistics centre in Latvia

24.10.2014

A new logistics centre, Amber Logistics, part of the international spirits company Amber Beverage Group, was opened in Stopiņi county, near the capital city Riga. Amber Logistics centre will specialise in storage of alcoholic beverages and provision of transportation services in the Baltic Region, reported BC communicationsm manager of Amber Beverage Group Dana Hasana.


Latvian Welfare Minister points out to necessity to create as many new jobs as possible in EU

Latvian Welfare Minister points out to necessity to create as many new jobs as possible in EU

24.10.2014

Participating in a summit on growth and employment in Brussels today, Welfare Minister Uldis Augulis (Greens/Farmers) emphasized to the necessity to create as many new jobs as possible in Europe, as well as stimulate the EU's competitiveness, LETA was informed by the minister's advisor Liene Uzule.

Estonian stabilisation reserve increased by 9 mln euros at end-September

Estonian stabilisation reserve increased by 9 mln euros at end-September

23.10.2014

As of the end of September 2014, the Estonian government's stabilisation reserve volume was 368.5 million EUR in market value; the volume of the reserve grew by 9 million EUR in a year, LETA/Public Broadcasting reports.

23.10.2014

5-year T-Bonds with nominal value of EUR 4 mln sold in Latvia

Five-year Latvian T-Bonds with the total nominal value of EUR 4 million were sold in a non-competitive fixed rate auction today, according to information provided by "NASDAQ OMX Riga", cites LETA.

22.10.2014

Straujuma's political goal is to increase welfare of Latvian families

Prime Minister Laimdota Straujuma's (Unity) political goal, as the head of the new government, will be to increase the welfare of Latvian families.

22.10.2014

Vilks: no reason to expect better price for Citadele

There is no point in waiting for a better price for Citadele bank, Finance Minister Andris Vilks (Unity) said in an interview with LTV television this morning, reports LETA.

22.10.2014

Lithuania-Norway cooperation is growing

President of Lithuania Dalia Grybauskaite met with the heads of 18 major Norwegian businesses and investment funds to discuss the investment climate and business opportunities in the country, reports BC presidential press service.

22.10.2014

Saeima committee conceptually approves proposal to suspend issuing of temporary residence permits to Russians

Saeima's Defense, Internal Affairs and Corruption Prevention Committee in Latvia decided today to approve in principle before the first reading All for Latvia!-For Fatherland and Freedom/LNNK's (VL-TB/LNNK) proposal to suspend issuing of temporary residence permits to Russian citizens for the purchase of real estate in Latvia, informs LETA.

21.10.2014

East Capital acquires Metro Plaza in Tallinn

East Capital Baltic Property Fund II (“the Fund”), managed by East Capital, has yesterday acquired the Metro Plaza office building in Tallinn, Estonia.

21.10.2014

Premier Li's visit injects new vitality into China-Europe relations

Chinese Premier Li Keqiang's just-concluded visit to Germany, Russia and Italy proves to be a successful tour injecting vigor and vitality into the development of China-Europe relations.

21.10.2014

Estonian Parliament adopted e-residency law

On Tuesday, Estonian Riigikogu adopted the legislative amendment that provides regulations for issuing digital ID cards to e-residents, writes LETA/National Broadcasting.

20.10.2014

Estonian travel companies targeting superrich from Kuwait

Chief executives of Kuwei’ts eight largest travel agencies will visit Estonia in the final week of October on the invitation of travel agency Wris, writes Eesti Päevaleht, cites LETA/Baltic Business News.

20.10.2014

New high voltage power line launched in Lithuania

A newly built high voltage power line between Klaipeda and Telsiai has been put into operation. It is the first 330 kV overhead power line built after the restoration of Lithuania's independence. The power line will transmit electricity from Northern Europe to Lithuania when the NordBalt power link begins to operate, energy company Litgrid announced in a statement, cites LETA/ELTA.

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