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International Internet Magazine. Baltic States news & analytics Wednesday, 13.11.2024, 02:36

East Europe Investment Group permitted to acquire Orion securities in Lithuania

Danuta Pavilenene, BC, Vilnius, 24.07.2009.Print version
East Europe Investment Group ((EEIG), owned by Scaent Baltic, has received permission from the Securities Commission to acquire the financial brokerage company Orion Securities.

According to Ramunas Baranauskas, head of East Europe Investment Group, a new stage of the company's activities starts together with this transaction, informs ELTA/LETA.

 

"With the controlling shareholding of Orion Securities we will attract foreign partners who have a significant experience of work in international financial markers, as well as new clients, we will introduce the cutting-edge solutions of investment management and provide new services. Our goal is that Orion Securities would become a transparent company which provides services of the highest quality and is exclusively customer-targeted," the EEIG head told.

 

The activities of East Europe Investment Group include direct investments in the stock markets and raw materials markets of the Baltic States, Russia, Central Europe and the U.S. The group of Orion Securities in Norway and Lithuania is recognized as one of the strongest advisors on investments in small and medium sized companies. The group offers brokerage, asset management, research and corporate finance services.






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