(IN BRIEF) The European Investment Bank (EIB) has provided a €25 million loan to the University of Latvia to support the third phase of its campus development in Riga. This phase includes constructing the “House of Health,” featuring research and … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Science, Technology
Tagged Education, EIB, Green Campus Development, INNOVATION, partnership, Prof. Gundars Bērziņš, sustainability, Thomas Östros, University of Latvia
(IN BRIEF) The European Investment Bank (EIB) is partnering with the Latvian government and the Latvian State Real Estate Company (SRE) to promote the development of affordable rental housing in Latvia. This initiative will be supported by the EIB’s Advisory … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Real Estate
Tagged affordable housing, Arvils Aseradens, EIB, Latvia, partnership, sustainability, Thomas Östros
(IN BRIEF) The EBRD Board of Directors will visit Estonia from 15-17 September and Latvia from 17-20 September 2024 for consultations with senior government officials, business leaders, and international partners. The delegation will review EBRD-funded public and private projects, with … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, Financial, Industrial, Investment, Latvia, Management, News, Technology, United Kingdom
Tagged Arvils Aseradens, EBRD, Estonia, investment, Latvia, Madis Muller, partnership, sustainability
(IN BRIEF) Synology has partnered with Gandalf Distribution AB to expand its reach across the Nordic region, including Denmark, Sweden, Norway, Finland, and Iceland. This collaboration will improve the availability and support of Synology’s advanced data management solutions, leveraging Gandalf … Read the full press release
Posted in Business, Denmark, Environment, Financial, Finland, Government, Iceland, Industrial, Investment, Latvia, Management, News, Norway, Sweden, Technology
Tagged Denmark, ELKO, Finland, Gandalf Distribution AB, Iceland, Jeremie Francois, Marcus Tillberg, Norway, partnership, sustainability, Sweden, Synology, Taiwan
(IN BRIEF) The Horizon Europe-funded SWIFTT project introduces a tool using Copernicus satellite data and AI to combat forest threats like insect outbreaks, wildfires, and windthrow. This innovation aims to boost productivity and cost-effectiveness for forest managers and policymakers. Forests … Read the full press release
Posted in Agriculture, Artificial Intelligence (AI), Aviation & Aerospace, Belgium, Environment, European Union, France, Germany, Latvia, Technology
Tagged 100KTREEs, Ariane Kaploun, AXA Climate, BirdWatch, Chiara Solimini, climate change, CLUG 2.0, CO2, Copernicus satellite data, Da Vinci Labs, EU Forest Strategy, EUSPA, forest managers, foresters, forests, Horizon Europe SWIFTT project, Insect outbreaks, Leibniz University Hannover, MAGDA, Quentin d’Huart, satellite imagery analysis, SWIFTT, Timbtrack, University of Bari Aldo Moro, wildfires, Wildsense, windthrow damage
(IN BRIEF) Nordic Investment Bank (NIB) has entered a nine-year loan agreement with Latvijas Gaisa Satiksme (LGS) to co-finance its investment program for air navigation advancements from 2024 to 2026. The EUR 25 million loan will support the modernization and … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Management, News, Technology
Tagged Air Navigation Technologies, André Küüsvek, Dāvids Tauriņš, Latvian Air Transport Infrastructure Company, Latvijas Gaisa Satiksme (LGS), NIB, partnership, sustainability
(IN BRIEF) HeavyFinance announces a €50 million fundraising for a private credit fund aimed at supporting European agricultural SMEs with tailored finance solutions to advance decarbonization efforts. With the EIF committing €20 million as a cornerstone investor and support from … Read the full press release
Posted in Agriculture, Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Poland, Portugal, Small Business
Tagged agriculture, Bulgaria, EIF, Europe, HeavyFinance, Laimonas Noreika, Latvia, Lithuania, Marjut Falkstedt, Paolo Gentiloni, partnership, Poland, PORTUGAL, sustainability
(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has acquired 23,883 hectares of land, including 19,276 hectares of forestland, across Finland, Estonia, and Latvia. This acquisition aligns with their commitment to responsible forest management. The properties contain a … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Group has announced plans to establish local offices in Riga, Latvia, and Tallinn, Estonia, aiming to bolster its support for regional projects and investments. This move signifies a deeper commitment to the Latvian … Read the full press release
Posted in Banks, Business, Environment, Estonia, Financial, Industrial, Investment, Latvia, Luxembourg, Management, News, Small Business
Tagged Arvils Aseradens, BALTIC, EIB Group, Evika Siliņa, Mart Võrklaev, Nadia Calviño, offices, partnership, Riga, SMEs, sustainability, Tallinn, Thomas Östros
(IN BRIEF) ELKO Ukraine has entered into a strategic agreement with Acer, a renowned global leader in information and communication technologies, to supply Acer laptops and monitors to the Ukrainian market. With Acer’s products enjoying a strong reputation and demand … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is backing the growth of venture capital markets in the Baltic states by providing a €10 million investment in Practica Venture Capital III, managed by Lithuania-based venture capital manager Practica … Read the full press release
Posted in Banks, Business, Environment, Estonia, Financial, Government, Industrial, Investment, Latvia, Lithuania, Management, News, Technology, United Kingdom
Tagged Anne Fossemalle, Baltic Venture Capital Fund, EBRD, Estonia, INNOVATION, investment, Latvia, Lithuania, partnership, Practica Capital, sustainability, Tomas Andriuškevičius
(IN BRIEF) Eurojust and Europol supported a joint operation by Dutch, German, Latvian, Lithuanian, and Canadian authorities targeting alleged violations of export sanctions to Russia. During the operation, three suspects were apprehended, and 14 locations were searched as part of … Read the full press release
Posted in Business, Government, Industrial, Latvia, Law, Lithuania, Management, Netherlands, News, Russia, Security & Safety
Tagged Coordinated Action, Eurojust, EUROPOL, Germany, Illegal Exports, Latvia, Lithuania, Netherlands, partnership, RUSSIA
(IN BRIEF) The European Investment Bank (EIB) and Luminor Bank AS have inked a €115 million agreement to enhance lending to small and medium-sized enterprises (SMEs) and mid-cap companies in Estonia, Latvia, and Lithuania. The collaboration between the EIB and … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, European Union, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Small Business
Tagged Baltic States, EIB, Estonia, financing, Latvia, Lithuania, Luminor Bank, Palle Nordahl, partnership, SME, sustainability, Thomas Östros
(IN BRIEF) ELKO and Pantum have entered into a distribution agreement to provide a comprehensive range of Pantum printing products and consumables in Poland. Pantum, a rapidly expanding printer manufacturer known for its innovative products and commitment to quality, offers … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Industrial, Investment, Latvia, Management, News, Technology
Tagged ELKO, Pantum, partnership, Poland, Printing Solutions, sustainability
(IN BRIEF) Latvia’s Kekava bypass, a pioneering public-private partnership (PPP) project, has been completed in just two years, diverting heavy traffic away from Kekava and promising more efficient travel through the Baltics. Despite a 17-year planning process and external challenges, … Read the full press release
(IN BRIEF) ELKO, a prominent player in the technology distribution industry, has earned recognition as the “Best Retail Partner” and the “Best Customer Service Distributor” in the 2023 CONTEXT ChannelWatch survey, a widely-respected online IT reseller survey known for its … Read the full press release
(IN BRIEF) ELKO, a distributor in Latvia, has partnered with Autel Energy, a developer of efficient electric vehicle (EV) charging solutions, including AC and DC chargers and energy storage systems for various sectors. Autel Energy’s product range encompasses AC Wallbox, … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Industrial, Infrastructure & Utilities, Latvia, Management, News, Technology
Tagged Autel Energy, ELKO, EV Charging Solutions, Latvia, partnership
(IN BRIEF) ELKO, a prominent distributor of IT and CE products in Europe, has officially become a distributor for Alta Labs, a new but experienced enterprise WiFi and network switching manufacturer. Although Alta Labs is a recent brand, its team … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Internet & Online, Latvia, Management, News, Technology
Tagged Alta Labs, AP6, AP6 Pro, ELKO, Network Solutions, partnership, S16-PoE, S24-PoE, S8-PoE, WiFi
(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release
Posted in Banks, Estonia, European Union, Financial, Investment, Latvia, Lithuania
Tagged Arvils Aseradens, Capital Markets Union initiative, EBRD, EC, Estonia, European Union, Gintarė Skaistė, index construction, index maintenance, Jim Turnbull, Kaarel Ots, Latvia, Lithuania, Mart Võrklaev, MSCI initiative, Nasdaq Baltic, Securities, The European Commission, The MSCI Baltic Index, Valdis Dombrovskis
(NOTICIA EN BREVE) El Fondo Europeo de Inversiones (FEI) ha firmado un acuerdo de garantía de cartera con Noviti Finance para prestar casi 47 millones de euros a microempresas en Lituania, Letonia y Polonia en condiciones preferenciales. La garantía del … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Latvia, Lithuania, Luxembourg, Poland, Small Business
Tagged FEI, Fondo Europeo de Inversiones, InvestEU, Letonia, Linas Armalys, Lituania, Marjut Falkstedt, Noviti Finance, Polonia, PYME, Valdis Dombrovskis
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