International Internet Magazine. Baltic States news & analytics
Sunday, 22.01.2017, 14:05
Invitation to companies to bid for the provision of consultancy services for Hong Kong Economic and Trade Office in London20.01.2017
Keyword tags: Investments, Markets and Companies
On the 18th of January, Lithuania's Cabinet of Ministers approved two separate PPP police infrastructure projects in Kaunas and Panevezys. The approval gives a green light to the Police Department under the Ministry of the Interior to commence tendering procedures as soon as the necessary preparations have been completed.
Corporate debt liabilities shrank in the third quarter of 2016 despite the rapid growth in bank loans. Growth in household loans accelerated, but remained slower than growth in incomes and savings. As before, more financial assets were invested abroad or returned there than were taken in from abroad
Government of Uzbekistan sums up results for 2016 and determines yearly priorities at the extended session19.01.2017
On 14 January an extended session of the Cabinet of Ministers, dedicated to comprehensive analysis of the results of social-economic development of the country in 2016 and determining the most important directions and priorities of economic and social program of the government in 2017 was held in Tashkent.
Rimi Baltic retail company is set to announce next week a new project providing for construction of a logistics center for EUR 75 mln, the company's representatives said LETA.
Arvi Kalakutai, a turkey meat product manufacturing and trade arm of Arvi ir Ko, a Lithuanian business group owned by Vidmantas Kucinskas, has launched a 30-million-euro complex in Belarus, reports LETA/BNS.
Pipedrive, a company headquartered in Palo Alto, the U.S.A. whose development office is located in the Estonian capital Tallinn, has closed 17 million U.S. dollars in Series B funding, Techcrunch reports.
A new investor of the multifunctional Porto Franco complex in the Estonian capital's harbor area is businessman Oleg Ossinovski who has signed a contract for the establishment of a mortgage worth 7.8 mln euros for the plots, according the weekly Eesti Ekspress reports informs LETA/BNS.
Swedish company Trelleborg Wheels Systems has decided to fully move its wheel plants to Trelleborg Wheel Systems in Liepaja, Liepaja municipality’s representative Evita Engele told LETA.
Sales of the Finnish-owned fast food chain Hesburger in the Baltic states reached EUR 58 mln in 2016, the company announced LETA/BNS.
Last year investments in commercial real estate property in Latvia for the fourth consecutive year exceeded EUR 300 mln, Colliers International consultancy informed BC.
The company with the largest share capital registered in the Latvian Enterprise Register last week was Stern Holding with a share capital of EUR 40 mln, writes LETA.
Estonia is one of the three, fastest-growing money havens for the Australian dollar today. In 2010, wire transfers to the country were by the thousands. However now Australian dollars in Estonia are in the millions.
Statistics Lithuania and the Bank of Lithuania inform that in III quarter 2016, the foreign direct investment (FDI) flow into Lithuania was on the increase, while the Lithuanian direct investment flow of abroad was on the decrease.