Category Archives: Latvia

Press Releases & News from Latvia distributed via EuropaWire

Maxim Stomakhin joins ELKO Grupa AS Management Board

RIGA, 26-Sep-2017 — /EuropaWire/ — ELKO Grupa AS informs that as of September 20, 2017 the Management Board has been expanded by appointing Maxim Stomakhin (pictured) as the Member of the Board. Prior to his employment at ELKO, Maxim Stomakhin … Read the full press release

ABLV introduces innovative products and services for improved customer convenience this autumn

RIGA, 22-Sep-2017 — /EuropaWire/ — Payment card offer optimization, financing of goods exported from Ukraine, letter of credit financing, LEI for legal entities to make financial instruments transactions, New Hanza Capital bond issue, new issues of ABLV Bank bonds, management of … Read the full press release

World RX: Mattias Ekström aims to clinch his fourth victory this season in Riga, Latvia

World Champion Mattias Ekström travels to Latvia in third overall Local hero Reinis Nitišs particularly motivated for round on home soil Audi DTM driver Nico Müller again in fourth Audi S1 EKS RX quattro Neuburg, Germany, 13-Sep-2017 — /EuropaWire/ — … Read the full press release

ELKO voted Best Specialist Distributor in Estonia, Latvia and Lithuania

RIGA, 14-Aug-2017 — /EuropaWire/ — ELKO chosen as the Best Specialist Distributor in all three Baltic countries – Estonia, Latvia, Lithuania and as the Best Broadline Distributor of the Year 2016 in Lithuania The voting took place as part of the … Read the full press release

ABLV mutual funds’ return as at 31.07.2017

RIGA, 11-Aug-2017 — /EuropaWire/ — In July, global bond market was demonstrating multidirectional movements. One of the key topics determining performance of any market was the forgotten issue of exchange rates. ECB Head Mario Draghi’s announcement at the end of … Read the full press release

ABLV Bank: Pillar actively working on the development of the business and leisure area New Hanza

RIGA, 19-Jul-2017 — /EuropaWire/ — In the first six months of 2017, Pillar was actively working on the development of the business and leisure area New Hanza, as well as continued selling out its real estate portfolio. With the intensive non-stop … Read the full press release

ABLV mutual funds’ return as at 31.05.2017

Riga, Latvia, 06-Jun-2017 — /EuropaWire/ — The traditional saying “Sell in May and go away” did not quite work this year, and May has become another positive month for global stock markets. Moreover, the usual nervousness and increased volatility often observed … Read the full press release

ABLV Bank the primary sponsor of Riga Shipping Gala Dinner

RIGA, 05-May-2017 — /EuropaWire/ — On 27 April 2017, an event for shipowners and representatives of companies operating in shipping sector – Riga Shipping Dinner 2017 – took place for the second time. The event was aimed at establishing and maintaining … Read the full press release

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