Investments

International Internet Magazine. Baltic States news & analytics Thursday, 23.11.2017, 03:36

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Estonian minister: EU cohesion policy must be simplified

Estonian minister: EU cohesion policy must be simplified

22.11.2017

Estonian Minister of Public Administration Jaak Aab said that the cohesion policy of the European Union should be simplified and the organization of it should be made more transparent, reports LETA/BNS.

Keyword tags: Estonia, EU – Baltic States, Financial Services, Investments, Legislation



Enterprise Estonia: restrictions on foreign workforce obstacles for foreign investments

Enterprise Estonia: restrictions on foreign workforce obstacles for foreign investments

22.11.2017

Enterprise Estonia on Monday introduced to the foreign affairs committee of the Estonian parliament the problems of attracting foreign investments to Estonia, the biggest of which is restrictions on the foreign workforce, reports LETA/BNS.

BLRT invests EUR 2.1 mln in Ukraine in 2017

BLRT invests EUR 2.1 mln in Ukraine in 2017

21.11.2017

Estonian industrial group BLRT Grupp this year invested 2.1 million euros into its Ukrainian subsidiaries, Elme Messer Gaas and Elme Trans, reports LETA/BNS.


Nordic Capital: Latvia occupies the 17th place in the country ranking of brain business jobs

Nordic Capital: Latvia occupies the 17th place in the country ranking of brain business jobs

21.11.2017

ECEPR just released the report "The Geography of Europe's Brain Business Jobs" by Dr. Nima Sanandaji and Prof. Stefan Fölster. The report is financed by the investment firm Nordic Capital.

Rental real estate crowdfunding platform starts operating in Estonia

Rental real estate crowdfunding platform starts operating in Estonia

20.11.2017

BitOfProperty, the first Estonian platform for joint investments in rental real estate, launched operations in November and the aim of the platform is to enable rental investors enter the market with small sums by buying only a part of an apartment instead of the whole apartment, writes LETA/BNS.


17.11.2017

Capital of Latvia's private pension funds grows 9.7% in 10 months

During the first ten months of 2017, Latvia's private pension funds increased their aggregate capital by EUR 37.064 million or 9.7% to EUR 417.661 million, according to the information from manapensija.lv portal, cites LETA.

17.11.2017

Lithuania's ESO may invest EUR 219 mln in mass installation of smart meters

Lithuania's Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO) plans to invest around 219 million euros in installing some 2 million smart electricity and gas meters within five years, informs LETA/BNS.

16.11.2017

Food Union invests more than EUR 15 mln in ice cream production over past 6 years

Dairy company Food Union has invested over EUR 15 million in its ice cream production business over the past six years, as the company's marketing manager Ieva Razinska told LETA.

16.11.2017

BlackRock Solutions to ensure financial risk management for Bank of Latvia

US company BlackRock Solutions Inc for EUR 1.182 million will ensure financial risk management for the Bank of Latvia in the coming five years, the bank reported LETA.

16.11.2017

eKool eyeing expansion beyond Estonia by end-2018

The eKool web application for students, their parents and schools has set its sights on expanding beyond Estonia and is working on a 269,000-euro project that should help it achieve that goal by the end of 2018, reports LETA/BNS.

16.11.2017

Baltic Horizon Fund buys office building in Riga

Baltic Horizon Fund has acquired an office building at 1 Vainodes Street in the Latvian capital Riga for EUR 21.3 million, informs LETA/BNS.

15.11.2017

Klaipedos Nafta to invest up to EUR 21 mln in embankment reconstruction

Lithuania's oil product and liquefied natural gas (LNG) terminals operator Klaipedos Nafta (Klaipeda Oil) intends to invest up to 20.9 million euros (including VAT) in reconstruction of embankments, reports LETA/BNS.

15.11.2017

4energia eyes expanding wind park in west Lithuania

4energia, a company owned by Estonia's Nelja Energia that already operates five wind mill parks in Lithuania, plans new investments and intends to build a new park of up to 40 megawatts (MW) in the Silute district, western Lithuania, informs LETA/BNS.

14.11.2017

Unilever orders prompt Kauno Grudai to invest in new noodle plant

Kauno Grudai (Kaunas Grain), one of Lithuania's largest grain processors, is investing in a new instant noodle production facility in Alytus, in the southern part of the country, because of orders from the global food industry giant Unilever, the business daily Verslo Zinios reported on Tuesday, cites LETA/BNS.

14.11.2017

Food Union invests EUR 70,000 in expanding product range of Karums brand

Latvia's leading dairy group Food Union has expanded the product range of the popular brand Karums by adding to it an entirely new product - Karums cheesecakes, with investments totaling EUR 70,000, the company announced, cites LETA.

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