INVL Baltic Real Estate, a real estate investment company, plans by way of reorganisation to merge with its subsidiary RE 1 which owns part of the premises in the Old Town of the capital city at Vilniaus Str. 37.
MoreINVL Baltic Farmland, a company that invests in agricultural land, had revenue of EUR 358,000 in the first half of this year and an unaudited net profit of EUR 483,000. Compared to the same period last year, the company’s revenue grew 11.9%, while its net profit increased 37.9%. The factor that most impacted performance was the sale in March of a plot of more than 17 hectares of land.
MoreLitagra, one of the largest Lithuanian agricultural business groups, is entering the turkey farming business. Sūduvos Ūkis, acquired 29 farms and a fodder factory located in Marijampolė district.
MoreThe new INVL Alternative Investment Fund established by the INVL investment management and life insurance group and intended for retail investors held a closing after raising EUR 5.5 million from 572 investors.
MoreDommo Grupa, a company managed by the real estate investment company INVL Baltic Real Estate and developing a 58-hectare logistics and industrial park near Riga – Dommo Logistics and Industrial Park, has completed the sale of a 3.4-hectare plot of land. The value of the transaction was 0.4 million euros.
MoreInvalda INVL, the leading asset management group in the Baltics has developed into an investment management and life insurance group having successfully completed the acquisition of Mandatum Life’s life insurance business in the Baltics.
MoreThe Mundus Bridge Finance private debt fund has signed an agreement on a EUR 4 million bond programme with CityBee, a provider of car-sharing services owned by Modus Group.
MoreThe leading Baltic private equity fund INVL Baltic Sea Growth Fund continues to grow its investment portfolio and has acquired MiniVet, a Vilnius-based vet clinic network.
MoreMoldova’s largest commercial bank, Moldova-Agroindbank (maib), whose one of the shareholders is the leading asset management group in the Baltics – Invalda INVL, had revenues of 623 million Moldovan leu (MDL), or EUR 30.5 million in the first quarter of 2022, and increased by 44% compared to the same period a year ago.
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