The INVL Renewable Energy Fund I, which invests in renewable energy projects, has announced a new offering period for its investment units.
MoreEcoservice, the leading environmental management company in Lithuania, indirectly controlled by „INVL Baltic Sea Growth Fund“, has acquired 100% of shares of the company Mano aplinka plius. With this decision, the company is set to continue its development in Lithuania and neighbouring countries.
MorePET Baltija, one of the largest PolyEthylene Terephthalate (PET) recyclers in Northern Europe, today announces an agreement to acquire a leading Czech fibre producer Tesil Fibres s.r.o, a spin-off of SILON s.r.o. Once closed, this transaction will become one of the largest investments by a Latvian company in the Czech Republic to date.
MoreThe equity and net asset value of INVL Technology, a company that invests in IT businesses, were EUR 37.432 million, or EUR 3.1017 per share, at the end of June this year. The figures rose 3.6% from the start of the year.
MoreThe real estate investment company INVL Baltic Real Estate, pursuing the merger into itself of the subsidiary RE1 which owns part of the premises at Vilniaus Street 37 in the Old Town of the Lithuanian capital, will prepare the terms of a reorganization.
MoreThe INVL investment management and life insurance group welcomes Sven Jürgenson to its management team. He will now be leading the Estonian branch of INVL Life, the group’s life insurance company.
MoreThe real estate investment company INVL Baltic Real Estate had a consolidated net profit of EUR 1.88 million in the first half of this year, 152% more than in the same period last year when net profit was EUR 0.75 million.
MoreThe INVL Partner Global Infrastructure Fund I, which invests in the infrastructure fund of a world-class asset manager, has announced a new offering phase for its units.
MoreMoldova’s largest commercial bank Moldova-Agroindbank (maib), of which the leading Baltic investment management and life insurance group Invalda INVL is a shareholder, had a net profit of 514.2 million Moldovan leu (MDL) (EUR 25.6 million) in the first half of this year, which is 88% more than in the same period last year. Profit for the period was significantly impacted by a one-off transaction in the first quarter involving the sale a written-off loan for EUR 11.5 million.
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