Investments

International Internet Magazine. Baltic States news & analytics Tuesday, 20.02.2018, 17:20

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Hesburger to invest EUR 5.5 mln in expansion in Latvia in 2018

Hesburger to invest EUR 5.5 mln in expansion in Latvia in 2018

20.02.2018

The Finnish-owned fast food chain Hesburger in 2018 plans to invest EUR 5.5 million in expansion of its business in Latvia, the company announced LETA.

Keyword tags: Foodstuff, Good for Business, Investments, Latvia



Lithuanian Investors' Association: delisting AviaAM Leasing blow on minority shareholders

Lithuanian Investors' Association: delisting AviaAM Leasing blow on minority shareholders

20.02.2018

The proposal from a company controlled by businessman Vladas Bagavicius to delist the Lithuanian aircraft leasing company AviaAM Leasing from the Warsaw Stock Exchange strongly devalues the stake of the minority shareholders, the Investors' Association says, cites LETA/BNS.

Microsoft earmarks USD 50 mln for support to startups, Latvian companies may apply

Microsoft earmarks USD 50 mln for support to startups, Latvian companies may apply

16.02.2018

Microsoft has opened a new program Microsoft For Startups, allocating USD 500 million for it, Microsoft Latvia spokeswoman Gunta Line told LETA.


Graanul Invest wood pellet producer to invest EUR 2.1 mln in upgrade of production lines

Graanul Invest wood pellet producer to invest EUR 2.1 mln in upgrade of production lines

16.02.2018

Latvia’s Graanul Invest wood pellet producer will invest about EUR 2.1 million in upgrade of its production lines, the company’s executive director Haralds Vigants told LETA.

Nasdaq Riga applies observation status to ABLV Bank

Nasdaq Riga applies observation status to ABLV Bank

16.02.2018

The board of Nasdaq Riga stock exchange decided on February 15, 2018, to apply observation status to ABLV Bank, the bourse said in its statement, cites LETA.


16.02.2018

Chinese company may manufacture ice cream sticks in central Estonia

A company by the name of Greentown OU belonging to Chinese businesspeople has bought a former livestock shed in the territory of the rural municipality of Turi in central Estonia to start the manufacture of ice cream sticks for the Asian, Middle East and American markets there, informs LETA/BNS.

16.02.2018

HKScan Latvia invests EUR 300,000 in meat dumpling line in Jelgava plant

HKScan Latvia meatpacker has invested EUR 300,000 in a new meat dumpling line in its Jelgava plant, LETA learned from the company.

15.02.2018

Swedbank grants EUR 3.5 mln loan to Dobeles Dzirnavnieks

Latvia’s Swedbank has granted a EUR 3.5 million loan to Dobeles Dzirnavnieks grain mill, the bank’s spokeswoman Kristine Jakubovska reported LETA.

15.02.2018

Latvia to terminate investment treaties with Poland, Czech Republic at EU request

The Latvian parliament today upheld in the first reading the bills about termination of bilateral agreements with Poland and the Czech Republic about promotion and protection of investments in order to ensure compliance with the EU regulations, informs LETA.

15.02.2018

Viada Baltija plans to invest up to EUR 2018 in development in 2018

Viada Baltija fuel retailer plans to invest EUR 4-8 million in development of its fuel stations in Latvia, the company’s representatives reported LETA.

14.02.2018

EUR 96 mln to be invested in infrastructure of Estonian defense forces in 4 years

Altogether 96 million euros is to be invested in the infrastructure of the Estonian defense forces during the next four years, it appears from the development plan of the Defense Ministry's area of government for 2019-2022, informs LETA/BNS.

13.02.2018

Lietuvos Energija starts construction of Vilnius CHP plant

Construction of the 350-million-euro combined heat and power (CHP) plant is starting in Vilnius. Financed by the state-run energy holding Lietuvos Energija and the European Union, the facility should be operational by the end of 2019. This is the largest energy project currently implemented in Lithuania, informs LETA/BNS.

12.02.2018

President: Samsung to invest in Lithuania's education

Lithuania's President Dalia Grybauskaite currently on a visit in South Korea met with representatives of Samsung technologies company and discussed investment possibilities, applauding Samsung's plans of investing in Lithuania's education, informs LETA/BNS.

09.02.2018

EcoMin: Latvian startups may start work at Silicon Valley

The work launched last year on development of a representation of Latvian startups at the Silicon Valley in the US has been completed – starting from February Latvian startups have a strategic and professional representation in the global networking place for startups, said Latvian Economics Minister Arvils Aseradens (Unity) said at the TechChill conference on February 8th, cites LETA.

09.02.2018

Euroapotheca investing EUR 300 mln in Swedish pharmacy chain acquisition

Euroapotheca, the owner of pharmacy chains in the three Baltic states and several other Central and Eastern European countries, is investing more than 300 million euros in the acquisition of a pharmacy chain in Sweden, reports LETA/BNS.

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