Category Archives: Latvia

Press Releases & News from Latvia distributed via EuropaWire

New Hanza Capital, AS and SIA “SG Capital Partners AIFP” announce new board members

RIGA, 14-Feb-2017 — /EuropaWire/ — The ABLV group company New Hanza Capital, AS, which makes investments in commercial property, acquired 30% capital shares of the alternative mutual fund management company SIA “SG Capital Partners AIFP”. Therefore, ABLV Bank, AS acquired indirect … Read the full press release

ABLV Bank increases its share capital with special purpose by issuing 300 000 employee shares

RIGA, 05-Jan-2017 — /EuropaWire/ — On 29 December 2016, during the Extraordinary Meeting of Shareholders of ABLV Bank, AS a decision was made to increase the bank’s share capital with a special purpose by issuing 300 000 employee shares. Following the … Read the full press release

ABLV Group renames few of its companies

RIGA, 21-Nov-2016 — /EuropaWire/ — For the purpose of administrative optimization of ABLV Group, several changes were performed in November 2016. Keeping structural reorganization of ABLV Group companies, few of them were renamed. Subsidiaries of Pillar Investment Group, AS were renamed … Read the full press release

ABLV introduces several innovations and implementations across its products and services

RIGA, 21-Nov-2016 — /EuropaWire/ — We would like to present several innovations in our products and services implemented for our clients’ convenience. Those include first bond issues arranged for ABLV clients, new trading platform for performing futures transactions at stock … Read the full press release

ABLV Bank major supporter of The Baltic Real Estate Leaders Forum 2016

RIGA, 11-Oct-2016 — /EuropaWire/ — The 5th annual real estate industry event The Baltic Real Estate Leaders Forum 2016 will be held on 20 October 2016 at Radisson BLU Hotel Latvia. This year nearly 350 leading real estate professionals, experts and … Read the full press release

ELKO Group becomes member of the Global Technology Distribution Council

RIGA, 20-Jul-2016 — /EuropaWire/ — The Global Technology Distribution Council today announced the addition of ELKO Group and TIM AG as its newest members in the EMEA region, plus the appointment of WestconGroup CEO Dolph Westerbos to the organization’s Executive Committee. … Read the full press release

Pillar Investment Group purchased airBaltic central office building for EUR 6.19 million

RIGA, 17-May-2016 — /EuropaWire/ — Pillar Investment Group, SIA, which is a part of Pillar group, made a transaction with Reverta, AS regarding purchase of new central office building of airBaltic airline. The total transaction amount is EUR 6.19 million. “Given … Read the full press release

COUPLING LANGUAGE AND KNOWLEDGE VIA E-SERVICES ECOSYSTEM: ALPHA VERSION OF THE FREME OPEN FRAMEWORK RELEASED

TURIN, Italy, 22-Feb-2016 — /EuropaWire/ — The FREME Consortium – which brings together top-tier specialists in language resources, tools, and services, multilingualism and semantic Web, linked data and open data including public sector information, publishing, localisation, and business development – … Read the full press release

ELKO Group to distribute SolidFire’s all-flash, scale-out storage system in the Baltics

ELKO Group, one of the largest IT product wholesalers, solutions and services experts in Eastern Europe, today announced that it has joined the SolidFire Cloud Builder Partner Program as a distributor of SolidFire’s all-flash, scale-out storage system in the Baltics. … Read the full press release

Participation of SAF Tehnika JSC in international exhibitions co-financed by European Regional Development Fund

RIGA, 30-10-2015 — /EuropaWire/ — On October 19, 2015 „SAF Tehnika” JSC and government institution „The Investment and Development Agency of Latvia” concluded agreement No.L-ĀTA-15-3427 (project No. ĀTA/2.3.1.1.1./15/78/197) regarding implementation of the project “Participation of “SAF Tehnika” JSC in international exhibitions” … Read the full press release

SAF Tehnika to convene regular shareholders’ meeting on 27th November 2015 in Riga, Latvia

RIGA, 30-10-2015 — /EuropaWire/ — The Board of Directors of “SAF Tehnika” JSC (Reg.No.40003474109, legal address: 24a, Ganibu dambis, Riga, LV-1005, Latvia) informs that it convenes a regular shareholders’ meeting on 27th November 2015 at 10.00 a.m., at “SAF Tehnika” JSC meeting … Read the full press release

ABLV Bank: premature redemption of the subordinated bond issud in 2010

Riga, Latvia, 15-9-2015 — /EuropaWire/ — ABLV Bank decided to perform premature redemption of the subordinated bond issue that took place in 2010. On 15 September 2015, USD bonds (ISIN: LV0000800845) will be redeemed in full at the price of … Read the full press release

ABLV Invitational Golf Tournament took place on 25th of July 2015 in Ozo Golf Club, Riga, Latvia

Riga, Latvia, 3-8-2015 — /EuropaWire/ — Continuing a long-established tradition of holding ABLV summer events, last Saturday, on 25th of July 2015, in Ozo Golf Club an annual ABLV Invitational Golf Tournament took place. In this tournament, 92 golfers took … Read the full press release

ABLV Bank organised the increase of AmberStone Group’s share capital by EUR 21.0 million

RIGA, 10-6-2015 — /EuropaWire/ — The issue of shares of AmberStone Group, AS, organised by ABLV Bank, AS, has been successfully completed. ABLV Bank supported AmberStone Group in the organisation of subscription to the newly issued shares. Following the issue … Read the full press release

EBRD pledges support to EU for Deep and Comprehensive Free Trade Area (DCFTA) Facility for SMEs in Eastern Partnership countries

DCFTA provides new opportunities for SME financing LONDON, 22-5-2015 — /EuropaWire/ — The EBRD can play a crucial role in unlocking finance for SMEs in Eastern Partnership (EAP) countries, a senior EBRD executive told businessmen at a conference in Riga … Read the full press release

ABLV sponsors Intax Expo Russia in Moscow, 1-2 June 2015

Riga, Latvia, 15-5-2015 — /EuropaWire/ — On 1–2 June 2015, in Moscow, an annual international conference and exhibition — Intax Expo Russia will take place that focuses on corporate finance, estate planning and international tax structuring. ABLV is one of the … Read the full press release

The European Union increases its humanitarian assistance in Ukraine where the latest surge of violence deepened

BRUSSELS, 27-1-2015 — /EuropaWire/ — The European Union is increasing its humanitarian assistance in Ukraine where the latest surge of violence has deepened an already desperate situation. Thousands of people are suffering from the combined impact of the conflict, displacement, … Read the full press release

ELKO Group expanded its collaboration with Microsoft and now provide its clients with the new ESD system for Microsoft retail products

ELKO Group, one of the leading IT product wholesalers in the Eastern Europe and one of the largest companies in Latvia, has expanded its collaboration with Microsoft and now provide its clients with the new ESD (Electronic Software Delivery) system … Read the full press release

Umeå University’s Professor Peter Sköld appointed to be the first Latvian honorary consul in Västerbotten

Umeå, Sweden, 18-11-2014 — /EuropaWire/ — Peter Sköld, Professor of History and Director of the Arctic Centre at Umeå University (Arcum), has by the Latvian Foreign Ministry been appointed to be the first Latvian honorary consul in Västerbotten. The Latvian … Read the full press release

NIB and Latvia’s state railway company VAS Latvijas Dzelzceļš sign new loan for the upgrade of railway section in the country’s east–west transport corridor

Helsinki, Finland, 3-10-2014 — /EuropaWire/ — NIB and Latvia’s state railway company VAS Latvijas Dzelzceļš have signed a new loan, totalling EUR 17.3 million, for the upgrade of a section of railway in the country’s east–west transport corridor. The loan’s tenor is 10 … Read the full press release

SAF Tehnika exhibited at “IBC 2014” in Amsterdam, the Netherlands on September 11 – 16, 2014

Riga, Latvia, 17-9-2014 — /EuropaWire/ — According to the agreement L-ĀTA-14-2194 (project No. ĀTA/2.3.1.1.1./14/62/027) regarding implementation of the project “Participation of “SAF Tehnika” JSC in international exhibitions” and concluded between „SAF Tehnika” JSC and government institution „The Investment and Development Agency of Latvia” of … Read the full press release

SAF Tehnika exhibited at “CTIA 2014” in Las Vegas, USA

Riga, Latvia, 17-9-2014 — /EuropaWire/ — According to the agreement L-ĀTA-14-2194 (project No. ĀTA/2.3.1.1.1./14/62/027) regarding implementation of the project “Participation of “SAF Tehnika” JSC in international exhibitions” and concluded between „SAF Tehnika” JSC and government institution „The Investment and Development Agency of Latvia” of … Read the full press release

SAF Tehnika announced it created the world’s smallest and lightest microwave spectrum analyzer

Riga, Latvia, 17-9-2014 — /EuropaWire/ — For over a decade SAF Tehnika has created and designed excellent microwave radios. Leveraging our 15 years of experience we created the world’s smallest and lightest microwave spectrum analyzer. Now it’s time to present our … Read the full press release

ABLV Bank AS reports of EUR 32.9 million audited profit in H1 2014

Riga, Latvia, 22-8-2014 — /EuropaWire/ — During the first half of 2014, the bank and other companies of ABLV Group continued to grow, due to consistent implementation of the group’s development strategy. Although the situation in several our target markets was … Read the full press release

SAF Tehnika reports non-audited consolidated EUR 3.46 million net sales of for the fourth quarter of financial year 2013/14

Riga, Latvia, 20-8-2014 — /EuropaWire/ — The SAF Tehnika’s non-audited consolidated net sales for the fourth quarter of financial year 2013/14 were 3.46 million EUR, increasing by 4% or 0.12 million EUR compared to the fourth quarter of the previous financial year and … Read the full press release

Swiss National Bank announced the fourth gold agreement between central banks in Europe

Zurich, 19-5-2014 — /EuropaWire/ — The Swiss National Bank (SNB), the European Central Bank (ECB), the central banks of the euro area (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain) … Read the full press release

Latvian ABLV Bank AS announced it will increase its equity capital with EUR 27 million

Riga, Latvia, 2-4-2014 — /EuropaWire/ — On 31st of March 2014 at the regular ABLV Bank, AS, shareholders meeting, the decision on increasing the bank’s equity capital by EUR 27 million was made. The equity capital will be increased by issuing of 2 243 … Read the full press release

Latvia joins ESM: Latvian Finance Minister Andris Vilks and ESM Director Klaus Regling met in Riga

RIGA, Latvia, 4-3-2014 — /EuropaWire/ — On the occasion of the forthcoming accession of the Republic of Latvia to the European Stability Mechanism (ESM), the Latvian Finance Minister Andris Vilks and ESM Managing Director Klaus Regling met today in Riga. At the … Read the full press release

ABLV Group’s ABLV Private Equity Fund 2010 increased shareholding in leading Latvian pharmaceutical company AS Grindeks

Riga, Latvia, 10-2-2014 — /EuropaWire/ — ABLV Private Equity Fund 2010, KS which is a part of ABLV Group, has increased its shareholding in the leading Latvian pharmaceutical company AS Grindeks to 22.66%. In addition to AS Grindeks shares previously owned, ABLV … Read the full press release

Global stock market: Management company comment about ABLV open-end mutual funds in January

Riga, Latvia, 10-2-2014 — /EuropaWire/ — January in global stock market can be divided into two parts. During the first half of the month, trends of the previous year were continued – decoupling in stock markets of developed and emerging countries. Most … Read the full press release