Investments

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2019, 07:26

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Innovative approach to investment: new EU’s strategic priority

Innovative approach to investment: new EU’s strategic priority

24.04.2019

European Parliament agreed on the InvestEU, a programme to boost investment in the member states during the next long-term EU budget. The agreement brings InvestEU closer to its practical implementation. Over the next decade, the programme will unlock at least €650 billion to be invested in the European future growth and peoples’ wellbeing.

Keyword tags: EU – Baltic States, Funds, Investments, Modern EU



Lithuania's Scapa Baltic plans to build factory in Belarus

Lithuania's Scapa Baltic plans to build factory in Belarus

24.04.2019

Swedish-owned Lithuanian soft leather and tapestry furniture manufacturer Scapa Baltic is planning to build a factory in Belarus, according the business daily Verslo Zinios reported LETA/BNS.

Skeleton Technologies to invest EUR 25 mln in plant in Saxony

Skeleton Technologies to invest EUR 25 mln in plant in Saxony

18.04.2019

Skeleton Technologies, a company of Estonian origin that is a global leader in graphene-based ultracapacitors and energy-storage systems, is to invest 25 mln euros in its plant in the German state of Saxony, reported LETA/BNS.


Riga Central Market plans to invest EUR 25 mln in development in five years

Riga Central Market plans to invest EUR 25 mln in development in five years

18.04.2019

Rigas Centraltirgus (Riga Central Market, RCT), municipal market operator, in the coming five years plans to invest about EUR 25 mln in development of the market territory, LETA learned.

Kazakhstan continues working to attract foreign investments

Kazakhstan continues working to attract foreign investments

16.04.2019

In the modern world, business is associated with certain risks and difficulties. Typically, entrepreneurs look for reliable ways to develop and strengthen their businesses. Investment is a kind of long-term business plan bringing good income for many years under proper approach.


16.04.2019

Pro Kapital to invest over EUR 100 mln in Latvian projects

Listed real estate developer Pro Kapital Grupp is planning to invest more than 100 million euros in project development in Latvia in the coming years, the company's spokesperson Anete Gribuste said LETA/BNS.

03.04.2019

Lithuanians plan to open iLunch restaurants in Moscow, Warsaw

Inovatyvus Restoranai, the owner of six iLunch restaurants operating in Vilnius business centers, is planning to expand the chain to Moscow and Warsaw, according to the business daily Verslo Zinios reported LETA/BNS.

01.04.2019

Cumulative FDI in Lithuania grows 4.6% y-o-y to EUR 15.5 b

Cumulative foreign direct investment (FDI) in Lithuania totaled 15.5 bn euros in late 2018, up by 4.6% from a year ago, and accounted for 34.3% of the country's GDP, the central Bank of Lithuania and Statistics Lithuania said.

01.04.2019

Lithuania's cumulative direct investment abroad grows to EUR 3.7 b

Lithuanian companies' cumulative direct investment abroad totaled 3.7 bn euros in late 2018, up 19% compared with a year ago, based on provisional data, informed Bank of Lithuania and Statistics Lithuania.

21.03.2019

Merko to build Orkla's new chocolate factory in Latvia for EUR 9 mln

SIA Merks, a company of listed Estonian AS Merko Ehitus group, has been declared preferred bidder in the procurement for the new chocolate factory construction works in Birznieki, Latvia, штащ

20.03.2019

Director denies Latvian Investment and Development Agency’s involvement in EU funds fraud

Andris Ozols, director of the Latvian Investment and Development Agency, has denied Economics Minister Ralfs Nemiro’s (KPV LV) claim that the agency was involved in defrauding an EU fund of money, while police are not giving more details about the case, informed LETA/BNS.

20.03.2019

Chinese investments in the Baltic Sea region

Chinese investment activities in the Baltic Sea region have seen an increase over recent years. This corresponds well with the overall growth in Chinese investment in Europe over the past decade, a trend fueled at least in part by growing restrictions imposed in the United States under the Donald Trump administration.

18.03.2019

Hololei: China must act in accordance with EU rules in Helsinki tunnel project

Henrik Hololei, director-general for mobility and transport at the European Commission, has expressed skepticism as regards the Tallinn-Helsinki tunnel project led by Finnish businessman Peter Vesterbacka, while also pointing out that the Chinese investors ready to finance Vesterbacka's plan must act in accordance with European Union (EU) rules, writes LETA/BNS.

18.03.2019

Latvia’s Forevers meatpacker to invest up to EUR 1 mln in production plant upgrade

Latvia’s Forevers meatpacker plans to invest up to EUR 1 mln in production plant and equipment upgrade, LETA learned from the company.

11.03.2019

Korea's Onyks to save charcoal plant in Lithuania

South Korea's Onyks, whose sole shareholder is Hong Soo Kim, hopes to revive the largest producer of charcoal for gastronomic needs in the Baltic states and the Scandinavian region, accroding to the Verslo Zinos daily information writes LETA/BNS.

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