Investments

International Internet Magazine. Baltic States news & analytics Tuesday, 22.07.2025, 07:23

16.09.2014

PM Straujuma: rumors about price of Citadele false

Public rumors about the price for acquisition of Citadele Bank are false, Prime Minister Laimdota Straujuma (Unity) said in an interview with the Latvian Television (LTV) show "Rita panorama" today, cites LETA.

16.09.2014

Conference "International Real Estate Investments in Latvia 2014" to take place in Riga

The annual conference "International Real Estate Investments in Latvia 2014" will take place on 30 October 2014 in the conference hall at the Radisson Blu Hotel Latvia, reported BC marketing coordinator Kristine Spundina.

16.09.2014

China's Xinhua state news agency opens office in Vilnius

An office of China's state news agency Xinhua has been officially registered in Vilnius, with a staff of five people working since the beginning of 2014, reports BNS.

16.09.2014

Lithuanian PM promises investors to improve business climate

Prime Minister Algirdas Butkevicius attended the international conference 10 Years with the European Union Investing in Lithuania's Future, which was organised on the occasion of the fifteenth anniversary of Investors' Forum activity. The prime minister highlighted the improvement of business climate, reports LETA/ELTA.

15.09.2014

For better jobs and increased growth in Europe: Eurogroup meeting

Jyrki Katainen, new Vice-President of the European Commission and Commissioner responsible for EMU and the Euro focused at the recent informal Ecofin meeting in Milan on issues that are important for the member states in the pursuit of better economic growth and jobs. He mentioned structural reforms, stable fiscal policies and investments.

12.09.2014

Italians to establish biomedical engineering research centre in Kaunas

Kaunas University of Technology and Italian company Gruppo Fos signed a cooperation agreement on 11 September for the establishment of a biomedical engineering research centre in Santaka Valley, Kaunas, reported BC the pres service of KTU.

12.09.2014

Lipmans: Liepajas metalurgs was bought by Russian controversial company

Liepajas metalurgs buyer KVV Group is a Russian, not Ukrainian, company, one of the candidates to buy the company whose bid was rejected, Kirovs Lipmans said in an interview with Latvian State Television today, cites LETA.

12.09.2014

Investment project from Yunitskiy in Siauliai – threat to national security?

Leader of the Seimas Opposition in Lithuania Andrius Kubilius says the investment agreement conducted between Siauliai City Municipality and creators of the so called string transport is a threat to national security, informs LETA/ELTA, referring Siauliu krastas.

12.09.2014

Lithuania lures Norwegian business with low wages

Lithuania wants to create jobs through Norwegian businesses, offering financial zones with zero tax, and highly-educated, hardworking employees. In the last five years, Norwegian investment in the country has doubled, the government agency Invest Lithuania said, cites LETA/ELTA.

11.09.2014

KVV Group plans to resume Liepajas metalurgs production in 2014

Ukraine's KVV Group intends to invest EUR 30 million into Latvian metallurgical company Liepajas metalurgs and resume production already in 2014, the company's owner Valery Krishtal told the business information portal Nozare.lv, cites LETA.

11.09.2014

Loginovs: business owners not ready to invest into moving to Krievu island

"Complaints that came from business owners and state officials where completely unnecessary, as I operate following the decisions made by the board," the Freeport of Riga's controversial CEO Leonids Loginovs said in an interview with LTV, adding that the Freeport of Riga board's complaints were based on selfish interests, informs LETA.

11.09.2014

Preliminary contract between Liepajas metalurgs and KVV Group signed

Liepajas metalurgs insolvency administrator Haralds Velmers has signed a preliminary agreement with the Ukrainian company KVV Group on the acquisition of Liepajas metalurgs, Velmers informed the business portal Nozare.lv, cites LETA.

11.09.2014

Lithuania needed 10 years to open the new Central Klaipeda Terminal

Lithuania needed as much as 10 years to open the new Central Klaipeda Terminal for passengers and cargo, informs LETA/ELTA, referring to Vakaru ekspresas.

11.09.2014

Nationalsts’ proposal to suspend issuing residence permits to Russians rejected by Saeima

Saeima decided today to reject the amendments to the Immigration Law proposed by All for Latvia! – For Fatherland and Freedom/LNNK (VL-TB/LNK), stipulating that in order to prevent threat to national security, the government has to suspend issuing residence permits to Russian citizens, informs LETA.

11.09.2014

Latvian MFA and EIB president discussed Latvia’s EU Presidency priorities

On 9 September, the Foreign Minister of Latvia, Edgars Rinkevics, met with the President of the Management Committee of the European Investment Bank (EIB), Dr. Werner Hoyer, and Vice-Presidents, Pim van Ballekom and Wilhelm Molterer, reports Latvian MFA.


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