Thu, 21 May 2009: Crude oil company to blend fuel…
May 21, 2009 Baltics
VNT provides storage, transshipment and transit services including acceptance of crude oil and gas oil through pipelines, as well as acceptance of motor gasoline and other petroleum product cargo...Tags: Crude Oil, Cubic Meters, Fuel Storage, Gas Oil, Gas Pipelines, Holding Company, Motor Gasoline, Oil And Gas, Oil Company, Oil Gas, Oil Pipelines, Percent Stake, Petroleum Product, Subsidiary, Tank Farm, Transit Services, Transshipment, Ventspils Nafta, Vnt
Wed, 14 Jan 2009: FlyLAL sold to Swiss holding company …
Jan 14, 2009 Baltics
23. FlyLAL intends to cooperate with Vilnius Airport, to which it owes about 20 million litas, based on a short-term agreement by that date. The Swiss investment fund is taking FlyLAL over as a st...Tags: Ceo, Erik Jansson, Flylal, Future Activities, Holding Company, Investment Fund, Investor, Jan Erik, Litas, Lithuanian Companies, Regional Air, Reorganization, Sch, Shares, Swiss Capital, Swiss Investment, Valda, Zia
Wed, 2 Aug 2006: Snoras chiefs after majority stake…
Aug 2, 2006 Baltics
Consideration of the application was postponed, with central bank officials saying they needed to study documents submitted. Luxembourg-registered Conversgroup Holding Company is Snoras' single l...Tags: Central Bank Officials, Chiefs, Holding Company, Luxembourg, Majority Stake, Net Profit, Percent Stake, Shareholder, Snoras
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, 22 Mar 2006: Snoras acquires two Russian banks…
Mar 22, 2006 Baltics
The Lithuanian bank is also negotiating the purchase of a controlling interest in Cypriot Universal Bank or another unnamed bank, and is searching for possible acquisition targets in Estonia and ...Tags: Acquisition Targets, Assets, Controlling Interest, Earnings, Exclave, Holding Company, Investbank, Lithuanian Bank, Loan Portfolio, Luxembourg, Rubles, Russian Banks, Snoras, Three Quarters, Universal Bank
Wed, 15 Jun 2005: Tallin bourse lists Starman shares…
Jun 15, 2005 Baltics
The company also announced that its chairman was increasing his holding by buying 3 percent of outstanding stock via the Com Holding company. The chairman's stake will increase from 14.8 to 17.8 p...Tags: Baltic News Service, Bourse, Capital Investors, Ceo, Holding Company, Ipo, Mediation, Nigel Williams, Outstanding Stock, Shares, Stake, Starman
Wed, 4 May 2005: Minister: railroad best run as concern…
May 4, 2005 Baltics
He said that the move would help avoid cross-subsidizing passenger transportation from cargo transportation revenues and separate infrastructure maintenance from other operations as required by th...Tags: Cabinet Ministers, Cargo Transportation, Cargoes, Economy Minister, Eu Directives, Fir, Holding Company, Infrastructure Maintenance, Krisjanis Karins, Loans, Passenger Transportation, Proposals, Railway, Resistance, Subsidies, Task Force, Transportation Revenues
Wed, 19 Jan 2005: Juice maker unveils ambitious plans…
Jan 19, 2005 Baltics
The plant could easily double output, which currently stands at 90 million liters per year. If all goes as Laukkanen foresees, the producer could satisfy the annual juice demand for the entire Bal...Tags: Ambitious Plans, Baltic Region, Baltics, Ceo, Global Producer, Granini, Holding Company, Jan 2005, Juice Maker, Liters, Market Share, Marli, Producers, Targets, Tartu
Thu, 23 Oct 2003: Banking briefs…
Oct 23, 2003 Baltics
15, and the price per share will be higher than that of the previous emission, or 2.10 per share. According to a bank statement, this will be the last emission for a while, or at least until Parex...Tags: Assets, Bank President, Briefs, Commercial Enterprise, Distant Future, Holding Company, International Stock Exchange, Kargin, Kroons, Latvia, Loans, Private Persons, S Central, Valery
Thu, 28 Oct 1999: Ice-cream makers seek double dip…
Oct 28, 1999 Baltics
Currently, Tallinna Kulmhoone controls 60 percent of the Estonian market for ice cream and Kauno Pieno Centras has 20 percent of the market in Lithuania, according to the statement. The Estonian c...Tags: Baltic, Centras, Cream Makers, Estonian Company, Holding Company, Ice Cream, Ice Makers, Investment Director, Lithuania, Merger, Order Of Business, Scandinavian Countries, Turnover
Thu, 4 Mar 1999: Phone tariff increase not justified…
Mar 4, 1999 Baltics
The commission undertook March 1 to further evaluate Tilt's performance to terms of the umbrella agreement. Ingrida Udre, chairwoman, said that the parliamentary commission could give recommendati...Tags: Chairwoman, Government Of Latvia, Holding Company, Lattelekom, March 1, Monopoly, National Telephone, Parliamentary Commission, Phone Tariff, Sonera, Tariff Increase, Telephone Network, Umbrella Agreement
Thu, 14 Jan 1999: Parex bank eyes southern neighboring market …
Jan 14, 1999 Baltics
Parex is not satisfied with 50 percent of shares and wants to buy the whole bank, said the paper.Last year, Industrial bank failed to increase its share capital from 27 million litas ($5.1 million...Tags: Agriculture, Bankas, First Nine Months, Holding Company, Net Profits, Parex Bank, Privatization, Share Capital, Shares, Spokesman
Thu, 8 Oct 1998: Swedes build Estonian plant…
Oct 8, 1998 Estonia
Here we found the lowest production costs." The other five contenders were Latvia, Lithuania, Poland, the Czech Republic and Hungary. The Swedish company is planning to invest 25 million kroons ($...Tags: Annual Turnover, Contenders, Czech Republic, Holding Company, Hungary, Kroons, Latvia, Lithuania, Poland, Stoneridge Inc, Swedes, Swedish Company
Thu, 27 Aug 1998: Norwegians acquire Postimees’ shares…
Aug 27, 1998 Baltics
Postimees Board Chairman Mart Kadastik called Tonisson's decision to sell the shares to Schibsted "a responsible step made at the right time." "We have been holding negotiations since last Decembe...Tags: Acquisition, Belief That, Board Chairman, Competitor, Control, Financial Difficulties, Holding Company, Initial Plan, Media Ltd, Negotiations, Norwegians, Postimees, Responsible Step, Right Time, Shares, Subsidiaries