Investments

International Internet Magazine. Baltic States news & analytics Monday, 26.09.2016, 15:13

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Latvia’s Madara Cosmetics invests almost EUR 3.5 mln in new plant

Latvia’s Madara Cosmetics invests almost EUR 3.5 mln in new plant

26.09.2016

Latvia’s Madara Cosmetics company has invested almost EUR 3.5 mln in its new plant, the company’s director Uldis Iltners reported LETA.

Keyword tags: Good for Business, Investments, Latvia, Markets and Companies, Technology



US Energy Association believes Eesti Energia's Utah project has much support

US Energy Association believes Eesti Energia's Utah project has much support

23.09.2016

According to the head of the United States Energy Association (USEA), Barry K. Worthington, the Utah oil shale development project of Estonia's state-owned energy group Eesti Energia has much support and a great likelihood of success, reports LETA/BNS.

Twino is taking Latvian companies to the pioneering start-up festival SLUSH

Twino is taking Latvian companies to the pioneering start-up festival SLUSH

23.09.2016

In cooperation with the Latvian Start-up association Startin.LV and IT co-working space TechHub Riga, the financial technology company TWINO is taking a Latvian delegation of start-ups to Europe's leading and most prestigious event for new companies, SLUSH, TWINO representative informs BC.


Estonia has received more direct investment than many other newer members of the European Union

Estonia has received more direct investment than many other newer members of the European Union

23.09.2016

Estonia’s foreign direct investment position at the end of 2015 put it behind only Hungary in volume among the newer European members from Central and Eastern Europe.The Estonian current account in 2015 posted its largest surplus since independence was regained.Both exports and imports of goods and services were down last year, but imports by more.The current account was affected by large dividends paid out by the banking sector, informed Bank of Estonia.

Volume of foreign direct investment in Latvia shrinking fast

Volume of foreign direct investment in Latvia shrinking fast

21.09.2016

The amount of foreign direct investment in Latvia reduced steeply in the first half of this year, as representatives from the Economics Ministry and Latvian Investment and Development Agency told Saeima Foreign Affairs Committee today, writes LETA/BNS.


21.09.2016

Novira's renovated complex to house offices and 4-star hotel

Novira Capital has renovated a 8,000-square-meter commercial property in Central Tallinn that will serve as home to offices and a four-star hotel operated by Unique Hotels, writes LETA/BNS.

20.09.2016

Ukrainian authorities pledge to protect Vichmann's investment

The authorities of Ukraine will do everything to protect the investments of Estonian businessman Marcel Vichmann in Zatoka village of the Odessa region, where local criminals have been hindering investment, Ukrainian Prime Minister Vladimir Groysman and Odessa regional governor Mihkeil Saakashvili said, reports LETA/BNS.

20.09.2016

Lithuania's H1 current account deficit at 2.3 % of GDP

Lithuania recorded a current account deficit of 417.3 mln euros for the first half of this year, which accounted for 2.3 % of GDP for the period, the central bank said.

19.09.2016

BPM Mezzanine Fund makes investment in paint producer Eskaro

The Baltic-Polish venture capital fund BPM Mezzanine Fund has invested an undisclosed amount of money in the paint producer Eskaro AS, a subsidiary of Eskaro Group AB, BPM mezzanine Fund representative informs BC.

19.09.2016

New Lithuanian law to facilitate foreign startups

The new Lithuanian law on the legal status of foreigners will make it more difficult for the majority of businessmen from third countries to live and do business in the Baltic state – they will have to invest more than they used to, lawyers say. More privileges are envisaged for foreigners engaged in innovative operations, LETA/BNS reported according to the Verslo Zinios business daily.

15.09.2016

Towards Better Europe: the 2016 State of the Union address

Commission President J.-C. Juncker delivered a regular State of the European Union address at the European Parliament on 14th of September. The address reveals the EU’s achievements of the past year and presents priorities for the year ahead. Besides it sets out the ways the Commission will take to deal with the most pressing challenges facing the EU.

14.09.2016

Estonian govt to speed up implementation of EU support and investment

The Estonian government wishes to speed up the implementation of European Union structural support of the current period and to also bring forward major investments, so as to invigorate the economy and raise people's standard of living, informs LETA/BNS.

13.09.2016

Declining investments and Brexit to slow down Lithuania’s economic growth

This year, Lithuania’s economy expanded more than last year; however, deteriorating investments and the UK’s decision to leave the European Union (EU) will hinder economic growth. Increasing household income and the expected rise in domestic consumption will offset the negative factors.

13.09.2016

Residential and office complex to be built in Riga's Zakusala

A new complex of apartment buildings, an office complex, and a research center will be built in Zakusala, Riga City Architect Gvido Princis told LETA.

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