Estonian real estate company “Kose Männisalu” has become the owner of Latvian construction company SIA “Merks”, according to “Firmas.lv” information. On the other hand, the Estonian citizen Mēlis Olevs has become a real asset to the company. It was already reported that the Estonian construction company “Merko Ehitus” announced at the beginning of August that … Read more
Along with an increase in the financial market and high interest rates in the Baltic countries, the bond market is attracting more interest from investors. Do the securities still offer good investment opportunities, or are there signs that the Baltic market is getting too hot? A number of factors have contributed to the attractiveness of … Read more
The milk processing and ice cream production company “Food Union”, which includes the production centers AS “Rigas piena kombināts” and AS “Valmieras piens”, closed the year 2023 with a consolidated turnover of 150.2 million euros , which is +12% more compared to the previous period (127.8 million euros). Gross profit increased +49% from 17.7 million … Read more
Bitcoin and gold are often compared in financial circles, especially given their reputation as a “store of value” and their status as “safe” investments in times of economic turmoil. This analogy has gained even more traction with the rise in popularity of digital currencies, leading some to refer to the phenomenon as the “new digital … Read more
Estonia plans to replace most paper receipts for transactions and invoices with digital documents confirming transactions next year, according to a draft law developed by the Estonian Ministry of Economy. The purpose of the bill is to change consumer protection laws that govern the issuing of purchase receipts and invoices sent pursuant to long-term contracts. … Read more
Someone gave a loan, someone bought a car, someone earned by renting property – let’s see what were the expenses, income and purchases of the 14 Saeima members last year, writes “Kas Jauns” magazine. Daiga Mierina’s salary – 85 thousand The speaker of the Saeima Daiga Mieriņa (55) received a salary of 85.4 thousand euros … Read more
Final yr’s knowledge exhibits that the turnover of AS “Aldaris” elevated by 6% and reached 28.2 million euros, the corporate says. By enhancing work processes and increasing the product portfolio, the corporate has been in a position to considerably enhance outcomes, lowering losses from 8.2 million (in 2022) to 1.2 million euros. The entire beer … Read more
Within the first six months of this 12 months, the Dutch beer producer “Heineken” operated with a lack of 95 million euros, in comparison with a revenue of 1.16 billion euros in the identical interval final 12 months, in accordance with the corporate’s announcement which was revealed on Monday. The losses are primarily defined by … Read more
The Italian worldwide monetary firm “UniCredit” can also be all in favour of shopping for a major a part of the financial institution “Luminor” working within the Baltic States, which is at the moment owned by the US funding firm “Blackstone”. , in line with the enterprise information company “Bloomberg”. The knowledge at hand exhibits … Read more
Worldwide crowdfunding platforms Care of property Investments within the first half of the yr reached 40.4 million euros, and traders earned 6.9 million euros on this interval. Within the first six months, Estateguru paid out a complete of €47.5 million to its traders. This included €6.9 million in income, giving a median return of 10.88%. … Read more