Investments

International Internet Magazine. Baltic States news & analytics Wednesday, 29.01.2020, 08:30

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Latvia should probably invest in port terminal to ensure cargo flow - Linkaits

Latvia should probably invest in port terminal to ensure cargo flow - Linkaits

27.01.2020

The Latvian state should probably invest in a port terminal to ensure the flow of cargo from Belarus, for instance, Transport Minister Talis Linkaits (New Conservative Party) said in an interview with Latvian Television on Monday, commenting on potential cooperation with Belarus in oil shipping, inormed LETA.

Keyword tags: Belarus, Investments, Latvia, Logistics, Port, Transport



Latvia`s Tele2 invests EUR 1 mln in regional base stations' connections to optical network

Latvia`s Tele2 invests EUR 1 mln in regional base stations' connections to optical network

27.01.2020

Latvia's Tele2 mobile operator has spent EUR 1 million connecting its 4G base stations to the optical network, thus boosting the 4G network's capacity roughly tenfold, the company's spokesman Oskars Firmanis informed LETA.

Estonia: Workland opens co-working centers in Riga, Vilnius with EUR 2 mln

Estonia: Workland opens co-working centers in Riga, Vilnius with EUR 2 mln

24.01.2020

Workland, a company offering fully serviced shared office spaces, opened two new co-working centers in Riga and Vilnius this week after investing approximately a million euros in both centers. There are altogether 335 working spaces in the two new centers. By now, Workland has opened 10 centers across the Baltics, the company said LETA/BNS.


Business angels have invested EUR 10.85 mln in Latvia's startups in 5 years

Business angels have invested EUR 10.85 mln in Latvia's startups in 5 years

24.01.2020

Private investors or so-called business angels in five years have invested EUR 10.85 mln in Latvia's startups, Juris Birznieks, the board chairman of the Latvian Business Angel Network (LatBAN) at the annual investors event said LETA.

Conexus to invest EUR 88 mln in upgrade of Incukalns underground natural gas storage facility

Conexus to invest EUR 88 mln in upgrade of Incukalns underground natural gas storage facility

24.01.2020

Latvia's natural gas transmission and storage operator Conexus Baltic Grid (Conexus) will invest EUR 88 mln in the upgrade of Incukalns underground natural gas storage facility, LETA learned at the company.


21.01.2020

Bolt expands to Armenia, Malta

Beginning on Tuesday, rides via the Bolt online transport platform can be ordered in Armenia and the food delivery service of Bolt Food in Malta, evgeni Belussov, executive responsible for enlargement at Bolt, said.

17.01.2020

EU’s “green deal”: investment and financial facilities for the states

The “green transition” imposes numerous constraints for the EU states. Among other things, there are the EU institutions and the member states’ efforts to deliver on the European idea of the global first climate-neutral bloc by 2050. These efforts are facing numerous challenges, including complex financial issues. The EU multi-annual budget as well as the member states’ involvement shall provide adequate assistance…

17.01.2020

EIB opens Baltic office in Vilnius

The European Investment Bank's office for the Baltic states has been opened in Vilnius on Thursday. The EIB hopes the new office will bring it closer to this market, provide greater capability and ensure closer cooperation with national government institutions, informed LETA/BNS.

16.01.2020

Estonia's Bolt enters into EUR 50 mln funding partnership with EIB

Estonian transportation platform Bolt has entered into a 50 million euro quasi-equity facility agreement with the European Investment Bank (EIB), which Bolt is planning to use to invest into improving and expanding its ride-hailing technology and personalized mobility services, like food delivery, reported LETA/BNS.

16.01.2020

Estonian renewable energy producer opens solar plants in Poland

Estonian renewable energy company Sunly on Wednesday opened its first solar farms in Poland by switching on its Sroczkow solar farm, which is the first of seven Sunly solar projects that were recently finished.

16.01.2020

Latvia: FDI in share capitals of companies continue declining in 2019

Foreigners have invests EUR 7.03 bn in share capital of Latvian-registered companies at the end of 2019, which is by EUR 125.42 mln less than at the end of 2018, according to Lursoft business database writes LETA.

15.01.2020

Investors' readiness to increase investments in Latvia grows last year

In 2019, foreign investors' readiness to increase investments in Latvia has risen, according to the FICIL Sentiment Index 2019 released today by the Foreign Investors' Council in Latvia (FICIL), citing LETA.

15.01.2020

Merko's Latvian subsidiary to invest EUR over 260 mln in property projects in Riga

Merks, Latvian subsidiary of listed Estonian construction group Merko, plans to invest more than 260 miln euros in development projects in the Zakusala and Lucavsala regions of Riga informed LETA.

14.01.2020

Z-Towers Commissioned by Riga City Construction Board

Representatives of JSC Towers Construction Management, developer of the tallest building project in the last decade, announced that the Riga City Construction Board has commissioned Z-Towers, BC learned at the JSC Towers Construction Management.

14.01.2020

Estonia's Kaamos Kinnisvara to invest EUR 8.5 mln in residential project in Riga

Estonian developer Kaamos Kinnisvara is set to invest 8.5 mln euros in Divi Krasti, a residential project being developed on Kengaraga Street near Dienvidu Bridge in Riga.

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