An “innovation city”, or Innopolis, has been given the green flag in the Republic of Tatarstan near Kazan, the capital city, in the form of a commitment to invest in transport and engineering infrastructure. The project has been allocated a budget of around USD 670 mln, with Tatarstan footing a major portion of the bill; other [...]
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Swedish VC firm East Capital has purchased a Lithuanian shopping mall in Vilnius from Ektornet, a subsidiary of the Swedbank Group. The mall, called Gedimino 9, will benefit from the funding by getting improvements to its commercial aspects as well as a re-shaping and brand positioning in the near future. The deal was completed through [...]
Docler Investments, the venture arm of Docler Holding, has acquired 49% share of interest in the Hungarian design company, IVANKA Concrete Factory for HUF 240 mln (USD 1 mln).
Green Building Group, a newly formed entity of H.I.G. European Capital Partners, has acquired a majority stake in Hanlo, an Austrian pre-fabricated housing group. This investment was a joint effort with Solidus Partners. Hanlo (www.hanlo.at) Hanlo was founded in 1974 by Hanno Loidle. Loidle was a pioneer in the pre-fabricated home industry. Hanlo has been [...]
BaltCap will make its first investment from the Lithuania SME Fund into Ygle, Lithuania’s leading provider of building systems solutions. The Lithuania SME Fund is co-financed by the JEREMIE (Joint European Resources for Micro to Medium Enterprises) Holding Fund which is held by the European Investment Fund. Ygle (www.ygle.lt) Ygle mainly provides services to retail, [...]