Tag Archives: Estonia

EBRD Invests €10 Million in Baltic Venture Capital Fund to Boost Early-Stage Innovation

(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

NIB Becomes InvestEU Implementing Partner for Norway and Iceland, Expanding Lending Capacity

(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

EIB and Luminor Bank Sign €115 Million Agreement to Boost SME Financing in the Baltic States

(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

Gasum Secures Second LNG Cargo for Finnish Market Amid Pipeline Disruption

(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

EIB and Enefit Green Partner to Fund €180 Million Wind Farm in Estonia

(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

Nordic Investment Bank Funds Healthcare Transformation in Estonia

(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

Rheinmetall’s Mission Master SP Impresses in Estonian Autonomy Trials, Sets Bar for UGV Technology

(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

Ericsson Invests EUR 155 Million in Innovative Smart Hub in Estonia

(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

EBRD Joins Forces with Baltic Nations for MSCI Initiative, Strengthening Investor Appeal

(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

Finnish operator Elisa to deploy Ericsson cloud-native dual-mode 5G Core in support of its upgrade to 5G Standalone (5G SA) in Estonia

(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

EBRD appoints Elisabetta Falcetti as the new Head for Poland

(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

NIB funds Maxima Grupe’s investment in energy efficiency solutions at its stores in Lithuania, Latvia and Estonia

(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

HSH Nordbank will provide international investment managers First State Investments (FSI) with € 75 million loan

(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

Sweden presents anniversary funds to celebrate the 100th anniversaries of Estonia, Latvia and Lithuania to promote broad exchange between the countries

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 provides EUR 24M to Estonia’s AS Tallinna Lennujaam for Tallinn Airport expansion

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

EMBO awards Installation Grants to ten life scientists to set up laboratories in Czech Republic, Estonia, Poland, Portugal and Turkey

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

Estonia officially became EUROCONTROL’s 41st Member State on 1 January 2015

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

European Union Single Market Scoreboard website covering 13 different tools launched

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

Fortum acquired district heat operations in Tartu, Estonia from Eraküte

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