(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has led a €6 million pre-series A investment round in the Estonian company Miros, marking its first venture capital investment in Estonia. This funding, which also involves Tera Ventures and … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Estonia, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged AI innovation, Aziza Zakhidova, E-Commerce, EBRD, Estonia, Heikki Haldre, investment, leadership, Miros, partnership, retail, Toomas Hendrik Ilves
(IN BRIEF) Bentley Tallinn has inaugurated its new luxury showroom and service center at Pirni 1, featuring a spacious, light-filled display area and a customization section for clients to personalize their vehicles. Managed by Auto 100 Premium, the grand opening … Read the full press release
Posted in Automotive, Business, Estonia, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology, United Kingdom
Tagged Auto 100 Premium, Bentley Tallinn, Continental GT, Estonia, Flying Spur, partnership, showroom, UK
(IN BRIEF) Vaisala and the Estonian Environment Agency have installed Europe’s first C-band Solid-State Power Amplifier weather radar in Tallinn. This advanced technology offers improved weather forecasting accuracy, enhanced system reliability, and lower operational costs compared to traditional radars, setting … Read the full press release
Posted in Aviation & Aerospace, Business, Construction, Environment, Estonia, Finland, Government, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged Aleksis Kajava, C-Band Solid-State Power Amplifier (SSPA), Estonia, partnership, sustainability, Tanel Voormansik, Vaisala, Weather Radar
(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) The European Investment Bank (EIB) has approved a €400 million loan tranche to Estonia, marking the second installment of a larger €700 million loan aimed at bolstering the Estonian economy. This financing, focused on green and digital investments, … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged digital, EIB, Estonia, Jean-Christophe Laloux, Mart Võrklaev, partnership, sustainability
(IN BRIEF) Estonia has pledged €10 million to the European Investment Bank’s (EIB) EU for Ukraine Fund, part of a broader initiative aimed at addressing Ukraine’s urgent needs and sustaining its economic stability. With support from multiple donors, including other … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Ukraine
Tagged EIB, Estonia, EU Fund, Jean-Erik de Zagon, Mart Võrklaev, partnership, recovery, Russian Aggression, sustainability, UKRAINE
(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) In a significant development, the European Commission has signed an amendment to the InvestEU guarantee with the Nordic Investment Bank (NIB), making NIB the implementing partner for Norway and Iceland. This expansion broadens NIB’s lending capacity under the … Read the full press release
Posted in Banks, Business, European Union, Financial, Finland, Iceland, Industrial, Investment, Management, News, Norway
Tagged André Küüsvek, Denmark, Estonia, Finland, Iceland, InvestEU, Latvia, Lending Capacity, Lithuania, NIB, Norway, partnership, Poland, sustainability, Sweden
(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) Gasum has successfully delivered its second liquefied natural gas (LNG) cargo to the Inkoo floating storage regasification unit (FSRU) in Finland. The cargo, provided by Gasum’s partner Equinor, arrived on November 5th and is being regasified for integration … Read the full press release
Posted in Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Balticconnector gas pipeline, bunkering vessels, Equinor, Estonia, Finland, floating storage regasification unit, FSRU, gas pipeline grid, Gasum, Inkoo, Inkoo FSRU, Inkoo FSRU terminal, Jouni Liimatta, liquefied natural gas, LNG, LNG cargo, natural gas
(IN BRIEF) Enefit Green and the European Investment Bank (EIB) have inked a €180 million financing deal to support the construction of Estonia’s Sopi-Tootsi onshore wind farm, boasting a 255-megawatt capacity with 38 wind turbines. This strategic collaboration will significantly … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Enefit Green, Estonia, partnership, sustainability, Thomas Östros, Veiko Räim, wind farm
(IN BRIEF) Nordic Investment Bank (NIB) has played a significant role in revitalizing Estonia’s healthcare over the past 15 years, funding six hospital-related projects with a total investment of EUR 138 million. One of the recent projects includes a EUR … Read the full press release
(IN BRIEF) Rheinmetall, a leading autonomous technology company, demonstrated its expertise in unmanned ground vehicle (UGV) technology during the Unmanned Ground Vehicle Autonomy Trials in Estonia. The trials, organized by the Estonian Military Academy and Defence Forces, attracted experts from … Read the full press release
Posted in Defence, Estonia, Germany, Government, Industrial, Technology, Transportation & Logistics
Tagged Alain Tremblay, autonomous navigation, autonomous technology, Estonia, Estonian Defence Forces, Estonian Military Academy, fully-electric autonomous vehicle, PATH autonomy kit, Rheinmetall, Rheinmetall Mission Master, Rheinmetall Mission Master SP, UGVs, Unmanned Ground Vehicle Autonomy
(IN BRIEF) Ericsson plans to establish a next-generation smart manufacturing and technology hub in Tallinn, Estonia, with an investment of approximately EUR 155 million. The hub will consolidate Ericsson’s operations in Estonia into a single facility and serve as a … Read the full press release
Posted in Business, Estonia, Industrial, Infrastructure & Utilities, Internet & Online, Sweden, Technology, Telecom
Tagged Ericsson, Estonia, Fredrik Jejdling, Tallinn, technology hub, Tiit Riisalo
(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
(PRESS RELEASE) STOCKHOLM, 22-Nov-2022 — /EuropaWire/ — Ericsson (NASDAQ: ERIC), a Swedish multinational networking and telecommunications company, has announced that the Finnish telecommunications company Elisa (HEL: ELISA) will deploy Ericsson cloud-native dual-mode 5G Core in support of its upgrade to … Read the full press release
Posted in Business, Estonia, Finland, Industrial, Infrastructure & Utilities, Internet & Online, Sweden, Technology, Telecom
Tagged 4G, 5G, 5G Core, 5G SA, cloud-native, connectivity, core network, digitalization, ELISA, Elisa Estonia, Ericsson, Ericsson Cloud Native Infrastructure, Estonia, Jenny Lindqvist, Toomas Polli
(PRESS RELEASE) LONDON, 15-Jun-2021 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces the appointment of Elisabetta Falcetti as the new Head in in central Europe and the Baltic states (CEB). EBRD President Odile Renaud-Basso has formally introduced … Read the full press release
Posted in Banks, Czech Republic, Estonia, Financial, Hungary, Investment, Latvia, Lithuania, Management, News, Poland, Slovakia, Slovenia
Tagged Baltic States, Baltics, CEB, central Europe, coronavirus pandemic, Czech Republic, EBRD, economic transition, economist, Elisabetta Falcetti, Estonia, European Bank for Reconstruction and Development, green transition, Grzegorz Zieliński, Hungary, investment, Latvia, Lithuania, Odile Renaud-Basso, Poland, Slovak Republic, Slovenia, sustainable, Warsaw
(PRESS RELEASE) HELSINKI, 7-Aug-2019 — /EuropaWire/ — NIB and Maxima LT, UAB sign ten-year EUR 52 million loan agreement to finance Maxima’s investments in its retail network renewal in Lithuania, Latvia and Estonia. The Lithuanian retail company will upgrade 31 … Read the full press release
Posted in Banks, Energy, Gas & Oil, Estonia, Financial, Finland, Investment, Latvia, Lithuania, News, Retail
Tagged cooling systems, energy efficiency, energy efficient buildings, energy-saving lighting, Estonia, food retailer, Henrik Normann, investment, Latvia, Lithuania, MAXIMA GRUPĖ, NIB, refrigeration technology, solar panels, store refurbishment programme, Vitalij Rakovski
(PRESS RELEASE) HAMBURG/ KIEL, 20-Dec-2018 — /EuropaWire/ — HSH Nordbank will provide international investment managers First State Investments (FSI) as the mandated lead arranger (MLA) with € 75 million as part of an acquisition loan totalling € 364 million. FSI will … Read the full press release
Posted in Banks, Energy, Gas & Oil, Estonia, Financial, Germany, Infrastructure & Utilities, Investment
Tagged acquisition, bank, Dr Marcus Kleiner, Estonia, First State Investments, FSI, heating, HSH Nordbank, infrastructure, investment, loan, utilities
STOCKHOLM, 29-May-2018 — /EuropaWire/ — Minister for Foreign Affairs Margot Wallström today presented Sweden’s gift in the form of three anniversary funds the Government intends to set up for Estonia, Latvia and Lithuania on the occasion of their 100th anniversaries … Read the full press release
NIB and Estonia’s AS Tallinna Lennujaam have agreed on a loan of EUR 24 million for the expansion of the airside traffic area and the development of other investments at Tallinn Airport. HELSINKI, 19-Dec-2016 — /EuropaWire/ — The 13-year maturity loan will … Read the full press release
Posted in Banks, Construction, Estonia, Finland, Investment, Travel
Tagged AS Tallinna Lennujaam, Estonia, Gunnar Okk, NIB, Tallinn Airport, Tallinn Airport expansion
HEIDELBERG, 14-Dec-2016 — /EuropaWire/ — Ten life scientists have been awarded EMBO Installation Grants to set up independent research laboratories in the Czech Republic, Estonia, Poland, Portugal and Turkey. “Through the Installation Grants we encourage some of the best early-career researchers … Read the full press release
Posted in Financial, Germany, Healthcare, Science, Technology
Tagged Czech Republic, EMBO, EMBO Installation Grants, Estonia, laboratories, life scientists, Maria Leptin, Poland, PORTUGAL, Turkey
Brussels, Belgium, 09-1-2015 — /EuropaWire/ — Estonia officially became EUROCONTROL’s 41st Member State on 1 January 2015. With the accession of Estonia, EUROCONTROL covers all 28 European Union states. This event reinforces EUROCONTROL’s status as being truly pan-European. Even before becoming … Read the full press release
Posted in Aviation & Aerospace, Belgium, Estonia, European Union, Management
Tagged Estonia, EUROCONTROL, Frank Brenner, Mrs Urve Palo
Single Market Scoreboard website launched – new figures are now available online 4-7-2013 — /europawire.eu/ — With today’s launch of the online only Single Market Scoreboard, a more comprehensive and user-friendly reporting system has been put in place. The Single Market Scoreboard … Read the full press release
Posted in Belgium, Business, Economy, European Union, Internet & Online
Tagged Austria, Cyprus, Denmark, Estonia, Finland, Germany, Hungary, Lithuania, Malta, Single Market Scoreboard, Sweden, United Kingdom
3-7-2013 — /europawire.eu/ — Fortum has agreed to acquire district heat operations in the city of Tartu in Estonia from the Estonian district heat company Eraküte. The district heating network accounts for approximately 20% of the whole Tartu network and is the fastest … Read the full press release
Posted in Business, Energy, Gas & Oil, Estonia, Financial, Finland, Infrastructure & Utilities, Investment
Tagged acquired, acquisition, Eraküte, Estonia, Fortum, heat operations, Tartu
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