Wed, 5 Jul 2006: Hermis goes on buying spree, acquires Norwegian holding company…
Jul 5, 2006 Baltics
Hermis Capital has applied for regulatory approval to buy a 50 percent stake in Latvia's Investiciju Uznemums and manage the company jointly with Ranga Group, another Lithuanian firm. Hermis Ca...Tags: Buying Spree, Competition Council, Dairy Company, Hermis, Holding Company, Latvia, Lithuania, Norwegian, Percent Stake, Real Estate, Refrigerator, Regulatory Approval, Regulatory Authority, Spokeswoman, Wed 5
Wed, 14 Dec 2005: Snaige undergoes shareholder shift…
Dec 14, 2005 Baltics
Now we repaid the debt and settled the accounts," explained Darius Janulevicius, Hermis Capital co-owner and CEO. Hermis Capital retained approximately 1 percent of Snaige, while Survesta, which w...Tags: Capital Co, Ceo, Co Owner, Darius, Electronics Company, Hermis, Investments, Litas, Norway, Oil And Gas, Oil And Gas Industry, Oil Gas, Russia, Shareholder, Shareholders, Snaige, Suris
Thu, 28 Oct 1999: FALLING PRICES AND LOW TURNOVER HAUNT BALTIC BOURSES…
Oct 28, 1999 Baltics
Publication of three-quarter results changed share prices little except for renewing interest in Valmieras Stikla Skiedra fiberglass factory. But Valmieras SS will be unable to pull the market up ...Tags: Baltic, Banks, Bourses, Curtain, Energy Sector, Excitement, Haunt, Hermis, Impending Collapse, Merger, Obscurity, Quarter Results, S Market, Share Prices, Slides, Speculators, Ss, Stikla, Turnover, Ukio
Thu, 30 Sep 1999: Bearish stock markets throughout the Baltics and world…
Sep 30, 1999 Baltics
Previously Eesti Telekom's shares had fallen below their public offering value. Shares in the telecommunications concern usually enjoy a rather stable demand at the price of 85 kroons ($5.67) per ...Tags: Apathy, Baltics, Banken, Early September, Hermis, Litas, Lithuania Shares, Public Offering, Reference, Stock Market, Stock Markets, Telecommunications, Telekom, Value Shares
Thu, 23 Sep 1999: Central bank gives blessing to merger…
Sep 23, 1999 Baltics
Reinoldijus Sarkinas, the board chairman of the central bank, said if everything goes smoothly, the merger could be finalized within a year.The central bank's decision was a real milestone for Vil...Tags: Bank Merger, Bankas, Board Chairman, Hermis, Milestone, Resistance
Thu, 5 Aug 1999: Central bank to approve new bank merger…
Aug 5, 1999 Baltics
"Still, a decision will come no earlier than September." Local banking analysts have long considered the prospect of a Vilniaus-Hermis combo palatable. But a stamp of approval by the central bank,...Tags: Assets, Bank Merger, Banks, Hermis, Loans, Mergers, Spokesman, Stamp Of Approval
Thu, 17 Jun 1999: A kinder, gentler bank merger?…
Jun 17, 1999 Baltics
According to a joint statement, the banks are hoping to merge as "two equal institutions" in order to form a brand new bank with a brand new name that will assume "all rights and obligations of bo...Tags: Attempts, Bank Merger, Banks, Brand Name, Brand New Name, Hermis, Institutions, Kinder, Sha, Stormy Relationship, Tension
Thu, 20 May 1999: Central bank lays down law on merger…
May 20, 1999 Baltics
The principles will be applied in cases when permission from the central bank is necessary. "Now none of Lithuania's four largest banks - Vilniaus, Hermis, Taupomasis or Zemes Ukio - could merge,"...Tags: Assets, Bank Merger, Deputy Head, Foreign Banks, Hermis, Lithuania, Loans, Market Share, Smaller Bank, Subsidiaries, Ukio, Vilniaus Bankas
Thu, 25 Mar 1999: Vilniaus Bankas calls off marriage to Hermis …
Mar 25, 1999 Baltics
Trading on the Lithuanian bourse slowed as the country's financial entities held their breath. Then, a surprising development happened: Vilniaus Bankas withdrew its application. It's explanation: ...Tags: Alexander, Audit Report, Bourse, Entities, Financial Information, Hermis, Lithuanian, Marriage, Shareholders, Shares, Spokesperson, Vilniaus Bankas