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baltics

EBRD expands listed SME support to the Baltic states

4 mins read

The FINANCIAL — Following the successful launch of its dedicated research programme in May in support of the development of small and medium-sized enterprises (SMEs), the European Bank for Reconstruction and Development (EBRD) is expanding the initiative to the Baltic states. Based on an agreement with Nasdaq Baltic, the operator of the stock exchanges in Estonia, Latvia and Lithuania, the programme will now also include the following three companies – AUGA group (Lithuania), HansaMatrix (Latvia) and Ekspress Grupp (Estonia). The coverage of the Baltic companies began today with the publication of the AUGA group research report and will be followed by reports on Ekspress Grupp and HansaMatrix on 15…

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EBRD expands listed SME support to the Baltic states

4 mins read

The FINANCIAL — Following the successful launch of its dedicated research programme in May in support of the development of small and medium-sized enterprises (SMEs), the European Bank for Reconstruction and Development (EBRD) is expanding the initiative to the Baltic states. Based on an agreement with Nasdaq Baltic, the operator of the stock exchanges in Estonia, Latvia and Lithuania, the programme will…

Vienna Insurance Group sets up assistance company in the Baltics

3 mins read

The FINANCIAL –With the establishment of Global Assistance Baltic, Vienna Insurance Group is continuing to expand its own service companies. The expansion is part of the VIG Group’s strategy to increase digital services. Last year, the Group’s assistance companies handled around 400,000 cases for their customers. Vienna Insurance Group (Wiener Versicherung Gruppe) sees the creation…

EBRD and Baltic states to develop regional market for commercial papers

5 mins read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and the central banks of Estonia (Eesti Pank), Latvia (Latvijas Banka) and Lithuania (Lietuvos Bankas) are joining forces to develop a regional market for commercial papers. Commercial papers (CPs) are short-term unsecured promissory notes issued by companies with a fixed-term maturity and used to…

Wastewater treatment is key to protecting Baltic Sea

9 mins read

The FINANCIAL — Issued this October, NIB’s Blue Bond is financing a loan to the Blominmäki wastewater treatment plant in the City of Espoo, Finland. Once ready, the advanced treatment will significantly reduce the discharge of nitrogen and phosphorous into the Baltic Sea. Wastewater treatment is one of the fastest ways we can improve the…

Nokia selected by Telia Company to implement 5G standalone core in 6 European markets

4 mins read

The FINANCIAL — Nokia today announced it has been selected by Telia Company as the exclusive provider of 5G RAN in Finland in a five-year deal that includes the modernization of legacy networks and will cover 7,500 sites. Nokia is a long-standing strategic partner to Telia Company and has also been chosen as the supplier…

German Embassy in Georgia welcomes the Georgian govt’s decision to open its borders

6 mins read

The FINANCIAL — Since Georgia’s inclusion on the list of safe countries, and the issuance of the recommendation on the possible reopening of borders to these countries, the Georgian Government has been engaged in active bilateral negotiations with several EU member states. According to, Press Service of the Government Administration, agreements on the unconditional bilateral reopening…