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Friday, 29.11.2024, 15:38
BONO aims at a billion!
28.01.2022The 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 profits
26.08.2021LLC 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.
Hanza Holding investing in its Tartu plant
18.12.2020Swedish 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 2019
17.12.2020Startup 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 invested in Latvian dairy company Smiltenes Piens
16.12.2020BPM 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.
Bolt raises EUR 150 mln
Estonian transport company Bolt announced on Wednesday that it has raised 150 million euros in its biggest investment round ever, informs LETA/BNS.
Klaipedos Smelte completes key expansion phase
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.
Balticovo egg producer to invest EUR 13 mln in production plant
Balticovo egg producer has launched construction of a new production plans and will invest EUR 13 mln in it, LETA learned from the company, writes LETA.
Riga Tourism Development Bureau to be liquidated
The Riga Tourism Development Bureau (RTAB) will be liquidated, but an agency aimed at attracting investments and tourism will be established on its basis, the Public Relations Department of the Riga City Council informed LETA.
Estonian parlt adopts 2021 state budget
he Estonian parliament on Wednesday adopted the 2021 state budget, the expenditures of which total 13.1 billion euros and revenues some 11.3 billion euros, informs LETA/BNS.
EfTEN Real Estate Fund 4 acquired SBA logistics and production site in Klaipėda
Eften Real Estate Fund 4 has acquired in Lithuania SBA logistics and production site, in the proximity of Klaipeda Sea Port; the deal value is 28.6 mlnn euros and it was financed by Luminor, informed funds representative.
Latvia has attracted EUR 204 mln worth of foreign investments in 9 months
In the first nine months of this year, Latvia has attracted foreign investments in the amount of EUR 204 million, the director of the Latvian Investment and Development Agency (LIAA) Kaspars Rozkalns said during a press conference on December 7th, cites LETA.
Giga buying wood processing company Textuur in Estonia
AS Telver, a subsidiary of AS Giga, wishes to acquire 100% of the shares in the Estonian wood industry company AS Textuur, reports LETA/BNS.
Capital Mill celebrates topping out of 26-story Skyon building in Tallinn
Skyon Building, a 25-million-euro, 26-story brand new structure in Tallinn developed by Capital Mill, has achieved its full height, informs LETA/BNS.
EU Commission approves Latvia's support mechanism for hotels
The European Commission has approved Latvia's support mechanism intended to help crisis-stricken hotels cover their operating costs in the current times of crisis, writes LETA, according to the Economics Ministry's statement published in the official gazette Latvijas Vestnesis.
«The Baltic Course» Is Sold and Stays in Business!
