Investments

International Internet Magazine. Baltic States news & analytics Tuesday, 22.10.2019, 11:58

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Investors from Latvia, Ukraine, Czech Republic eyeing Olainfarm - chairman

Investors from Latvia, Ukraine, Czech Republic eyeing Olainfarm - chairman

21.10.2019

Investors from Latvia, Ukraine and the Czech Republic have been eyeing Latvia's Olainfarm pharmaceutical group, Gundars Berzins, chairman of the Olainfarm supervisory board, said on Latvian Radio on Monday, cited LETA.

Keyword tags: Industry, Investments, Latvia, Markets and Companies



Operail begins freight transport in Finland

Operail begins freight transport in Finland

18.10.2019

International transport and logistics company Operail has launched a subsidiary in Finland, Operail Finland Oy, and is investing 50 million euros to begin freight transport on Finnish railways, informed Operail representatives.

Lithuania: Kamida Group Will Invest 12 mln EUR Into Logistics Center

Lithuania: Kamida Group Will Invest 12 mln EUR Into Logistics Center

17.10.2019

Kamida Group, a transportation, logistics and agricultural equipment rental service provider, is starting to develop a 15,800 square meter logistics center with a four-story administration complex close to the western bypass in Kaunas. The project, called WESTHUB, will cost 12 mln EUR. It is scheduled to be completed next year, the Kamida group representatives informed BC.


Klaipeda FEZ  Honored by FDI Intelligence for Investor Expansions

Klaipeda FEZ Honored by FDI Intelligence for Investor Expansions

15.10.2019

Klaipeda FEZ earned 4 bespoke awards in the annual Free Zones of the Year ranking, released by fDi Intelligence, a foreign direct investment publication, belonging to the Financial Times Group. In the 2019 rankings, the Klaipeda FEZ was mentioned for its expansions, local transport improvements, workforce amenities and the FlexStart manufacturing building.

EBRD invests EUR 25 mln in BaltCap private equity fund

EBRD invests EUR 25 mln in BaltCap private equity fund

03.10.2019

The EBRD is supporting the development of alternative funding sources in the Baltic states by committing EUR 25 mln in favour of BaltCap Private Equity Fund III,EBRD informed in press release.


03.10.2019

BaltCap sets up equity fund for Baltic and Nordic region

BaltCap, the largest private equity fund manager in the Baltic states, has raised EUR 126 million to set up BaltCap Private Equity Fund III for capital investments in the Baltic and Nordic region, BaltCap representatives informed LETA.

02.10.2019

Lithuania's Modus Group to invest EUR 38 mln into solar power plants in Spain

Lithuania's Modus Group is planning to invest at least 38 mln euros by the end of 2020 in the development of solar power plant farms in Spain, reported LETA/BNS.

02.10.2019

CityBee invests EUR 1.5 mln in rental cars in Riga

CityBee ride-sharing company has invested EUR 1.5 million in expanding its operations in Latvia to start car-sharing services in Riga, the company's representatives told LETA.

01.10.2019

Lithuania's Grigeo puts off planned investment amid economic growth slowdown, CEO says

Lithuania's paper and wood industry group Grigeo says it is putting off its planned 150-million-euro investment in a new cardboard factory due to worsening economic conditions, reported LETA/BNS.

30.09.2019

Estonia: Myfitness subsidiary Gym! to expand to Latvia

Gym!, subsidiary of the operator of fitness facilities MyFitness, is about to expand its network of gyms open round the clock to Latvia by opening a gym in downtown Riga in autumn 2020, informed LETA/BNS.

23.09.2019

Lithuania's Medicinos Bankas may be sold to strategic or financial investor

Konstantinas Karosas, the majority shareholder of Lithuania's Medicinos Bankas, and a team of advisors have launched an analysis of possible future scenarios, including selling the bank's shares to a strategic or financial investor, writes LETA/BNS.

19.09.2019

Lithuanian expects to attract Japanese investment in transport, communications

Lithuania expects to attract investment and transit cargo from Japan, the Transport and Communications Ministry.

19.09.2019

Estonian Cell completes EUR 20 mln investment in Kunda

The aspen bleached chemi-thermomechanical pulp (BCTMP) mill Estonian Cell has completed a 20 mln euro investment in the North Estonian town of Kunda, which will increase the company's production output and reduce impact on the environment, writes LETA/BNS.

19.09.2019

Foreign investors in talks with the Prime Minister of Latvia highlight necessary improvements to attract foreign investment

On September 18, during the business luncheon with the Prime Minister of Latvia Mr Krišjānis Kariņš, foreign investors pointed out a number of critical issues, which directly influence foreign investors' desire to invest in Latvia. Among the main questions asked where about government’s take on fighting corruption, addressing the labour force shortage, raising quality of education, and dealing with the unintended side effects of reforms in Latvia’s finance sector, such as problems for foreign nationals of opening bank accounts in Latvia.

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