Investments

International Internet Magazine. Baltic States news & analytics Monday, 29.05.2017, 03:04

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FICIL proposes to start a new stage of the modernization of the Latvian education system

FICIL proposes to start a new stage of the modernization of the Latvian education system

25.05.2017

Latvia would need to start a new stage of the modernization of the education system, according to the draft Position Paper on Higher Education Policy prepared by the Foreign Investors Council in Latvia (FICIL) that will be presented to the government, writes LETA.

Keyword tags: Education and Science, Investments, Latvia



German investors consider Baltics the best place to invest in Central and Eastern Europe

German investors consider Baltics the best place to invest in Central and Eastern Europe

24.05.2017

A survey conducted by the German-Baltic Chamber of Commerce (AHK) in 2017 shows German businesses as having a better opinion of the Baltic countries than of any other country in Central and Eastern Europe, writes LETA.

FY revenue of Kohila Vineer falls 20% to EUR 8.1 mln

FY revenue of Kohila Vineer falls 20% to EUR 8.1 mln

24.05.2017

OU Kohila Vineer, plywood manufacturing company of the Latvian Latvijas Finieris group in Estonia, saw its sales revenue decrease by 21.5% to 8.1 mln euros in 2016, while the loss for the period totaled 3 mln euros.


Astlanda Ehitus to construct apartment buildings in Tallinn

Astlanda Ehitus to construct apartment buildings in Tallinn

24.05.2017

Estonian construction company Astlanda Ehitus has begun the construction works of apartment buildings located at 7, 9, and 11 Tobiase Street in Tallinn, the total value of the project is 18 mln euros, reported LETA/BNS.

TGW Logistics Group to set up engineering service centre in Kaunas

TGW Logistics Group to set up engineering service centre in Kaunas

23.05.2017

TGW Northern Europe, a unit of Austria-based TGW Logistics Group, is setting up an engineering service centre in Lithuania's second-biggest city of Kaunas, with plans to hire up to 100 information technology and system automation engineers over the next few years, Invest Lithuania said on Tuesday.


17.05.2017

Coop to expand new logistics building for EUR 1.3 mln

Estonian retail group Coop is set to expand its new logistics and office building in Soodevahe village near Tallinn by 2,500 square meters for 1.3 mln euros, reports LETA/BNS.

17.05.2017

BLRT invests EUR 250 mln in Noblessner quarter

The Estonian industrial group BLRT Grupp AS is set to invest more than 250 million euros in the real estate development of the Noblessner quarter on the Tallinn seafront, reports LETA/BNS.

17.05.2017

PM invites Uzbek businessmen to establish companies at Latvia's free ports

Latvian Prime Minister Maris Kucinskis (Greens/Farmers) has invited Uzbek businessmen to establish companies at Latvia's free ports and special economic zones, the prime minister's press secretary, Andrejs Vaivars, said LETA.

17.05.2017

Trustpilot to establish development team in Vilnius

Trustpilot, considered one of Denmark’s most promising startups, is establishing a product development division in Vilnius, the Invest Lithuania informed BC.

15.05.2017

Eesti Meedia buys health advice environment kliinik.ee

AS Eesti Meedia, the biggest media group in the Baltic countries, purchased the Estonian health advice web page kliinik.ee with a goal to even better represented in the field of healthcare, reports LETA/BNS.

15.05.2017

Amber Beverage Group takes a strategic step into the UK market with Cellar Trends

Amber Beverage Group, the largest alcohol manufacturer and distributor in the Baltics and part of SPI global group, has made its entry into the UK’s beverage market by acquiring a strategic stake in the leading UK wine and spirits distributor - Cellar Trends, ABG informed BC.

12.05.2017

RMK to soon decide on auction of Tootsi wind farm plot

The supervisory board of the Estonian state forest manager RMK held a meeting on Friday to decided how to hold the auction of the Tootsi wind farm plot and a decision regarding the auction should be made in the next few days, informed LETA/BNS.

09.05.2017

Telia to invest EUR 40 mln in replacing ADSL networks

The Estonian operation of the Scandinavian telecom group Telia is about to replace the ADSL connections in service since the beginning of this century with optical connections allowing speeds of up to 10 gigabits per second (Gbps) and VDSL2 copper cables over the next three and a half years for an investment of 40 mln euros, informed LETA\BNS.

09.05.2017

Webhelp outsourcing company to open office in Riga

rench-based business process outsourcing company Webhelp will open an office in Riga, the Latvian Investments and Development Agency reported.

09.05.2017

Latvia’s HansaMatrix increases its participation in LightSpace Technologies capital to 33.07%

Latvia’s high-technology company HansaMatrix has increased its participation in LightSpace Technologies capital from 17.07% to 33.07%, according to the company’s statement to the Nasdaq Riga stock exchange.

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