Investments

International Internet Magazine. Baltic States news & analytics Monday, 18.02.2019, 12:35

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]
UP Invest exiting food retail business

UP Invest exiting food retail business

18.02.2019

UP Invest, holding of Estonian businessman Margus Linnamae, has decided to exit the business of food related retail and will discontinue the operation of the units supporting it, reported LETA/BNS.

Keyword tags: Estonia, Investments, Markets and Companies, Retail



O'Leary's operator in Lithuania plans movie theatre, restaurant expansion

O'Leary's operator in Lithuania plans movie theatre, restaurant expansion

15.02.2019

Estonia's APL Restaurants, operating the O'Leary's restaurant chain, has set up three new businesses in Lithuania and plans to expand its network of movie theatres, cafes and restaurants, informed LETA/BNS.

Estonia: An apartment building with 48 apartments with a class A energy label was completed in Saue

Estonia: An apartment building with 48 apartments with a class A energy label was completed in Saue

15.02.2019

Nordecon handed over to Estmak Capital OÜ the first apartment building in Saue, at Kuuseheki 50. Project developer Estmak Capital has already handed over the keys to its first customers. The apartment buildings of Kuuseheki residential area are three-storey energy efficient, class A energy-labelled residential buildings. The cost of designing and construction of the residential building at Kuuseheki 50 was 4 mln euros. Nordecon will continue the construction of the house at Kuuseheki 52, which will be completed by the end of November 2019, informed Nordecon representative.


Maxima Latvija retailer to invest up to EUR 50 mln in development this year

Maxima Latvija retailer to invest up to EUR 50 mln in development this year

14.02.2019

Maxima Latvija retailer in line with Maxima Grupe strategy this year will invest up to EUR 50 million in development of the store network, Maxima Latvija board chairman Andris Vilcmeiers told the press cited LETA.

Kazakhstan augments its potential in terms of investment attractiveness

Kazakhstan augments its potential in terms of investment attractiveness

14.02.2019

In "DoingBusiness" rating upon the criterion of "investment attractiveness" Kazakhstan takes the 36th place (according to 10 indicators) among 190 countries. And today, the Republic provides the most favorable treatment for the investors among all the countries of the former-Soviet region.


13.02.2019

Baltic fund Livonia Partners buys stake in Estonia's Fenestra window maker

Livonia Partners, a private-capital investment fund operating in the Baltic states, has bought a 60-percent stake in Estonian windows producer Fenestra, in a deal already endorsed by Estonia's competition watchdog, reported LEtA/BNS.

13.02.2019

Estonia to invest EUR 26 mln in Baltic Innovation Fund II

Estonia is to invest 26 mln euros over the next four years in the Baltic Innovation Fund II (BIF II), which in turn aims to invest in early and growth stage Baltic businesses, informed LETA/BNS.

12.02.2019

Latvian NBA star Porzingis invests in sports injury prevention start-up Zone7

Latvian NBA star Kristaps Porzingis and former Dutch soccer star Jordi Cruyff have invested in Israeli-American sports injury prevention start-up Zone7, reported LETA/BNS. The start-up has raised a total of USD 2.5 million in seed funding (EUR 2.2 million), according to a statement released by the company on Tuesday.

12.02.2019

The first 18 startups financed by the ALTUM accelerator programs graduate Most promising teams will qualify for 250 thousand euro investment

Three accelerators backed by the Development Finance Institution ALTUM, started in autumn, have successfully completed their first startup batches. The accelerators, Overkill Ventures, Buildit Latvia and Commercialization Reactor Fund, provided acceleration services to the 18 most promising local and international startups selected from over 600 applications, informed ALTUM representative,

12.02.2019

Lithuanian Energy looking for partners for offshore wind farm projects

Lietuvos Energija, one of the largest state-owned energy companies in the Baltic States, announces international search for a strategic partner to develop offshore wind energy projects. Lithuanian company has initiated an Expression of Interest (EOI) process to select an experienced partner for the development of projects in the European Economic Area, Dominykas Tuckus, a board member at Lietuvos Energija, said in a statement.

08.02.2019

Lithuania's Icor ploughs EUR 15 mln into meter production, to invest another EUR 20 mln

Axioma Metering, a company of the Icor Group, opened a 15-mln-euro water and heat metering device production facility in the Kaunas free economic area on Friday, with plans to invest another 20 mln euros in a second factory n an adjacent site within three years, informed LETA/BNS.

07.02.2019

Swiss Mikron Group to open production facility in Lithuania's Kaunas in summer

Switzerland-headquartered Mikron Automation will open a production facility in Lithuania's Kaunas District in the summer, Lithuania's investment promotion agency Invest Lithuania said.

06.02.2019

Lithuania's Maxima Grupe set to invest EUR 600 mln in expansion by 2025

Maxima Grupe (Maxima Group), the largest retail group in the Baltics, plans to invest at least 600 million euros in reinforcing and expanding its chain and expansion over seven years, according to its new operating strategy to 2025, Maxima Grupe CEO Dalius Misiunas said in a press release.

04.02.2019

Germany to invest EUR 110 mln into military infrastructure in Lithuania, defmin says

Lithuanian Minister of National Defense Raimundas Karoblis said on Monday he was assured by his visiting German counterpart Ursula von der Leyen that her country would invest 110 million euros into military infrastructure in Lithuania over the upcoming three years, reported LETA/BNS.

01.02.2019

airBaltic needs strategic investor - transport minister

Latvia’s national carrier airBaltic needs a strategic investor, Transport Minister Talis Linkaits (New Conservative Party, JKP) said in an interview to Latvian Television, citing LETA.

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]

Search site