Investments

International Internet Magazine. Baltic States news & analytics Monday, 01.06.2020, 04:12

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Tallinn Airport to extend airside area for EUR 24.8 mln

Tallinn Airport to extend airside area for EUR 24.8 mln

27.05.2020

Tallinn Airport has concluded an agreement with the companies KMG Inseneriehituse AS and Verston Ehitus OU on construction works to be carried out as part of stage two of the works on the airside area of the airport, cites LETA/BNS.

Keyword tags: Airport, Estonia, EU – Baltic States, Good for Business, Investments, Transport



Lithuanian government broadly agrees on guidelines for 5G development

Lithuanian government broadly agrees on guidelines for 5G development

27.05.2020

The Lithuanian government on May 27th broadly agreed on guidelines for 5G development until 2025 in a bid to speed up economic growth, enhance the country’s competitiveness, promote job creation as well as the development of innovation and information society, informs LETA/BNS.

Lietuvos Rytas posts loss of EUR 13.8 mln after selling TV channel

Lietuvos Rytas posts loss of EUR 13.8 mln after selling TV channel

27.05.2020

Lietuvos Rytas, one of the largest media groups in Lithuania, earned 266,700 euros in audited consolidated net profit in 2019, after suffering a net loss of 1.645 million euros in 2018, reports LETA/BNS.


Tallinn endorses 2019 financial report

Tallinn endorses 2019 financial report

27.05.2020

The Tallinn city government on May 27th approved the city's consolidated financial report for 2019, informs LETA/BNS.

Very small enterprises get EUR 53 mln in state assistance in Lithuania

Very small enterprises get EUR 53 mln in state assistance in Lithuania

26.05.2020

Very small Lithuanian enterprises with up to nine employees have been paid out over 53 million euros in state assistance, half of the planned amount, the country's Economy and Innovation Ministry says, cites LETA/BNS.


26.05.2020

Estonia to issue 10-year bonds worth EUR 1 bln

The Estonian government is about to kick off an international offering of bonds worth at least one billion euros and with a maturity of 10 years, informs LETA/BNS.

26.05.2020

Tallinna Sadam signs EUR 20 mln unsecured loan agreement with SEB

Listed Estonian port company AS Tallinna Sadam has signed an unsecured loan agreement with AS SEB Pank for a total amount of up to 20 million euros with a maturity of five years, informs LETA/BNS.

26.05.2020

The ministry plans to fuel Latvia's economics with EUR 2.2 bln

A strategy worked out by the Economics Ministry for dealing with the aftermath of the Covid-19 crisis proposes providing EUR 2.2 billion worth of public and private investments to various infrastructure projects a year until 2023.

26.05.2020

Printful from Latvia to invest EUR 1.8 mln in Canada workshop

Latvia's Printful print-on-demand company will invest EUR 1.8 million in a new Canada-based printing operation, the company's representatives told LETA.

26.05.2020

Bolt raises EUR 100 mln from Naya Capital Management

Transport company Bolt has raised 100 million euros from London-based global investment manager Naya Capital Management to continue expanding its service in Europe and Africa, reports LETA/BNS.

22.05.2020

Scammers targeting Estonian startups

According to the law firm Hedman Partners, Estonian startups have been exposed to scammers who present themselves as foreign investors by means of a stolen identity, informs LETA/BNS.

21.05.2020

Enterprise Estonia supports tourism sector, small businesses with EUR 8.5 mln

Positive financing decisions made by Enterprise Estonia since May 11 regarding crisis support for tourism enterprises and compensation for small entrepreneurs do date amount to approximately 8.5 million euros, informs LETA/BNS.

21.05.2020

EU Commission: Lithuania has to focus investments on green and digital transition

he European Commission recommends that Lithuania focus its future investments on the green and digital transition, informs LETA/BNS.

21.05.2020

Amber Beverage Group to invest up to EUR 30 mln in warehouse in Riga

Amber Beverage Group plans to build a warehouse near the territory of the Riga port, investing up to EUR 30 million in the project, the company's representatives said, cites LETA.

20.05.2020

Lithuanian government allocates EUR 45 mln to tourism industry

The Lithuanian government on May 20th allocated 45 million euros from the state's borrowed funds for the tourism industry hit by the coronavirus crisis, informs LETA/BNS.

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