N. Eidukevičius was appointed as CEO of Montuotojas, a leading industrial construction and metal processing company.
MoreThe INVL Sustainable Timberland and Farmland Fund II (STAFF II), which invests in forest and land in the Baltic Sea region and across Central and Eastern Europe, has completed a transaction to acquire 744 hectares of land in Latvia through its subsidiary Zemvalde Agro SIA.
MoreThe INVL Baltic Forests Fund I managed by INVL Asset Management, one of the leading asset management companies in Lithuania, sold its portfolio, which consisted of 1,300 hectares of forests in Lithuania, for EUR 7.5 million, and locked in a 27% average annual rate of return (IRR) for investors.
MoreThe INVL Sustainable Timberland and Farmland Fund II (STAFF II), which invests in forest and land in the Baltic Sea region and Central and Eastern Europe, acting through its subsidiary Zemvaldos Turtas SPV2, signed an agreement with several subsidiaries of the agribusiness group Linas Agro Group AB to acquire nearly 164 hectares of farmland for EUR 990,000.
MoreThe Bank of Lithuania has approved the launch of the INVL Partner Global Infrastructure Fund I, a subfund managed by INVL Asset Management, one of the leading asset management companies in Lithuania. The new subfund will invest in a fund of infrastructure assets established by a fund manager of global stature which has been in operation for 26 years.
MoreMaib announces that today it has signed subordinated loan agreement with with European Fund for Southeastern Europe (EFSE) for the amount of EUR 15 million.
MoreThe INVL Renewable Energy Fund I (REFI), which was established three months ago and invests in renewable energy projects, raised an additional EUR 16.14 million from investors to hold a second close at EUR 34.6 million.
MoreThe asset management group Invalda INVL, in preparation for carrying out a transaction to acquire the Baltic business of Mandatum Life, one of Finland’s largest life insurance companies, has established a new company, INVL Life, which in the near future will apply to the Bank of Lithuania for an insurance company licence.
MoreINVL Renewable Energy Fund I raised €18.5 million and proceeded to initial closing. Of these, €1.24 million was invested by Invalda INVL Group together with the Fund’s partners.
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