Investments

International Internet Magazine. Baltic States news & analytics Thursday, 16.08.2018, 13:07

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EUR 40 mln contract signed to continue renovation of Mezaparks Grand Stage

EUR 40 mln contract signed to continue renovation of Mezaparks Grand Stage

16.08.2018

The Riga City Council’s Property Department has signed a contract with LNK, RERE general partnership on carrying out phase one construction works of the second stage of the Mezaparks Grand Stage renovation and reconstruction for EUR 40.123 mln, Olegs Burovs (Honor to Serve Riga), chairman of the city council’s municipal property committee, told LETA.

Keyword tags: Construction, Good for Business, Investments, Latvia, Real Estate



Lithuania's Modus Group to invest EUR 30 miln into solar power park in Ukraine

Lithuania's Modus Group to invest EUR 30 miln into solar power park in Ukraine

14.08.2018

Lithuania's Modus Group, uniting companies engaged in car trade, real estate and energy, is investing 30 million euros into a new solar power park in Ukraine.

Lithuania's Auga Group enters Canadian market

Lithuania's Auga Group enters Canadian market

13.08.2018

Auga Group, one of the largest agricultural investment companies in the Baltic states, is entering the Canadian market, informs LETA/BNS.


Estonian Cell to buy production technology from Valmet for EUR 10 mln

Estonian Cell to buy production technology from Valmet for EUR 10 mln

10.08.2018

Estonian Cell, the Austrian owned pulp mill located at Kunda in northern Estonia, is to buy production technology from the Finnish industrial company Valmet to increase production volumes, and the size of the investment is 5-10 million euros, reports LETA/BNS.

Investments worth around EUR 35 mln planned in Galerija Azur shopping center's renovation

Investments worth around EUR 35 mln planned in Galerija Azur shopping center's renovation

09.08.2018

Lithuania’s KS Holding, the owner of MD Galerija Azur which operates Galerija Azur shopping center in Riga, plans to invest around EUR 35 mln in the shopping center’s renovation, Galerija Azur director Ilze Brazevica told LETA.


08.08.2018

Magnetic MRO mulling leaving Estonia

The aircraft maintenance company Magnetic MRO is considering relocating its base from Estonia because restrictions on hiring foreign workforce and the tax environment are hindering the company's growth, informs LETA/BNS referring to the Eesti Ekspress newspaper.

08.08.2018

Livonia Partners buys 1/3 in Lithuanian manufacturer of refrigerating equipment

The private equity investment firm Livonia Partners has agreed to buy a 33% equity stake in the Lithuanian manufacturer of refrigerating equipment Freor from Accession Mezzanine Capital, informs LETA/BNS.

02.08.2018

Klaipeda port prepares to reconstruct two quays

The Lithuanian seaport of Klaipeda prepares to reconstruct two quays used by Klaipedos Konteineriu Terminalas (Klaipeda Container Terminal, or KKT), one of its largest stevedoring companies, informs LETA/BNS.

02.08.2018

Lithuania's Vilniaus Prekyba concludes purchase of Estonia's DIY retailer Bauhof

Vilniaus Prekyba, Baltic trade and business company that also owns the Maxima chain of stores and the Euroapotheca chain of pharmacies, has concluded the purchase of the Bauhof hardware and gardening store chain from Myinvest Estonia group, informs LETA/BNS.

01.08.2018

Two water infrastructure projects in Liepaja Port to cost EUR 40.5 mln

Two water infrastructure projects planned in the Port of Liepaja will cost the authority of the Liepaja Special Economic Zone (SEZ) EUR 40,5 mln, value added tax (VAT), included, informs LETA.

01.08.2018

Klaipeda's outer port could cost up to EUR 1.1 bln – study

The cost of building an outer port in Lithuania's Klaipeda could range from 619 mln to 1.1 bln euros, according to its updated feasibility study.

01.08.2018

LNK, RERE general partnership wins contract to continue renovation of Mezaparks Grand Stage

LNK, RERE general partnership has won the contract to carry out phase one construction works of the second stage of the Mezaparks Grand Stage renovation and reconstruction for EUR 40.123 mln, informs LETA.

31.07.2018

US window maker INTUS to build plant in Lithuania's Siauliai

INTUS Windows, a US windows producer established by Lithuanian expatriates, is set to build a factory in Siauliai, in northern Lithuania, with plans to invest up to 30 mln euros in the facility and employ up to 600 people, Invest Lithuania informed on Tuesday.

27.07.2018

EUR 246 mln invested in Estonian startups in H1

A total of 245.6 mln euros was invested in Estonian startups in the first six months of the year and startups paid 21 mln euros of labor taxes, which is 25% more than in the same period last year, informs LETA/BNS.

26.07.2018

H1 profit of Eften Real Estate Fund III falls 21.9% on year

Sales of the listed Estonian fund Eften Real Estate Fund III AS grew 16% on year in the first six months of 2018 to 4.1 mln euros, while net profit fell 21.9% to 3.1 mln euros.

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