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Sunday, 10.12.2023, 19:05
The LLC (SIA) BONO enters the sawn timber market and plans to attract investments in the amount of 100 million euro to reach 1 billion turnover within 3 years.
Keyword tags: Good for Business, Investments, Latvia, Markets and Companies, Woodwork
LLC Dizozols Investments finalizes investment attraction deal with Crowdestor with record-high profits26.08.2021
LLC Dizozols Investments has successfully carried out one of the biggest investment attraction projects in the Baltics attracting 2.77 million euros in investment from more than 3500 investors with the crowdfunding platform Crowdestor, returning 3.46 million euros, which ensures 690,000 euro profit to investors.
Swedish technology company Hanza Holding AB is expanding its capacity for regional manufacturing in the Baltics by investing about 80 million Swedish kronor or 7.9 million euros in a new production facility of just over 12,000 square meters in Tartu, Estonia, reports LETA/BNS.
Largest-ever Baltic startup report launched - investor optimism grows, despite pandemic and fall in funding in 201917.12.2020
Startup Wise Guys together with EIT Digital have launched their 3rd annual Baltic Startup Scene report, the largest to-date. For the first time ever, Baltic startups saw a reduction in total funding in 2019. Despite this, survey insights along with funding data for 2020 reveal that investor and startup optimism is rebounding, with 2020 H1 significantly outperforming 2019 H1 in terms of funding, even with the onset of a pandemic-induced economic downturn.
BPM Mezzanine Fund SICAV-SIF, SCA (BPM) invested in the buy-out of a well-known Latvian dairy company Smiltenes Piens in August 2019, as former owners of the company were looking forward to retire and Latvian entrepreneur Armands Kovaldiņš saw Smiltenes Piens with its well-known brands and quality leadership as an attractive target to be developed further and expand into export markets as well, informed BMP Mezznine Fund representative.
Estonian transport company Bolt announced on Wednesday that it has raised 150 million euros in its biggest investment round ever, informs LETA/BNS.
A fifth ship-to-shore container crane has been delivered to Klaipedos Smelte, one of the biggest stevedoring companies in the Lithuanian port of Klaipeda, owned by international container terminal operator Terminal Investment, informs LETA/BNS.