International Internet Magazine. Baltic States news & analytics
Tuesday, 21.10.2014, 21:20
East Capital Baltic Property Fund II (“the Fund”), managed by East Capital, has yesterday acquired the Metro Plaza office building in Tallinn, Estonia.
Keyword tags: Estonia, Investments, Markets and Companies, Real Estate
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.
On Tuesday, Estonian Riigikogu adopted the legislative amendment that provides regulations for issuing digital ID cards to e-residents, writes LETA/National Broadcasting.
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.
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.
A fish farming and processing company worth LTL 90 million (EUR 26 million) will soon be built near Kupiskis, a town in north-eastern Lithuania, just 4 kilometres from the town centre, reports LETA/ELTA, referring to Lietuvos zinios.
Nordecon AS and OÜ Kawe Invest, subsidiary of AS Kawe, signed a contract for the construction of an office building on the registered immovable at Veerenni 24. The cost of construction works at the building located in the Baltika quarter at the edge of the City of Tallinn is approximately EUR 9 million without VAT, informed BC Nordecon’s press service.
The Nasdaq OMX Tallinn Stock Exchange fell on Thursday, October 16th 2014, in the midst of the global selling spree back to the year 2012, Äripäev.ee/LETA reports.
The attempts to set up a testing laboratory for Rail Skyway Systems Ltd. "string transport" near Zokniai military airfield in Siauliai city are probably not the only case of suspicious investments, informs LETA/ELTA.
The U.S. chemicals company Cabot Corporation (Cabot) made the decision to open its regional business center in Riga taking into consideration the availability of qualified personnel with good command of foreign languages, and the well-developed IT sector in Latvia, as Cabot President and CEO Patrick Prevost said during the center's opening ceremony on Tuesday, cites LETA/Nozare.lv.
Minister of Social Security and Labour in Lithuania Algimanta Pabedinskiene says that additional investment and creation of new jobs can considerably contribute to the reduction of poverty, informs LETA/ELTA.
Lithuanian Prime Minister Algirdas Butkevicius took part in the conference Verslas 2015 (Business 2015) on Wednesday where he presented the Government's economic policy, reports LETA/ELTA.
During the visit of Lithuanian Seimas Speaker Loreta Grauziniene and her delegation to South Korea, the officials have met with heads of Samsung Electronics and the Korea Chamber of Commerce and Industry and discussed potential cooperation in trade, industry and business, reports LETA/ELTA.
Conference on the Remaining Obstacles to a Fully Functioning Single Market for Services took place at Crowne Plaza Hotel Vilnius on 9 October. The conference was organised in order to discuss concrete cases and real business stories of market inefficiencies while trying to start or operate a business in another EU country, reports LETA/ELTA, referring to the Lithuanian Investors' Forum.
Currently, discussions on the draft agreement with the potential Citadele investor, the U.S. investment fund Ripplewood Holdings, are still in progress in Latvia, reports LETA.