Baltic states

ESTO Holdings OU reports record-breaking third quarter 2023 results underlining market leader positioning in the Baltics and announces upcoming equity raise

Retrieved on: 
Thursday, November 2, 2023
Yoy, ECB, NPL, Development, EBITDA, Face, Growth, EUR, Net, GMV, Video game, Renewable energy, Bank, Baltic states

TALLINN, Estonia, Nov. 2, 2023 /PRNewswire/ -- ESTO Holdings OU , a leading Estonian payment processor and consumer credit provider, today reported its all-time high financial results for the three-quarters of 2023.

Key Points: 
  • TALLINN, Estonia, Nov. 2, 2023 /PRNewswire/ -- ESTO Holdings OU , a leading Estonian payment processor and consumer credit provider, today reported its all-time high financial results for the three-quarters of 2023.
  • To fuel the growth dynamics, ESTO has announced the upcoming capital raise initiative.
  • Our market positioning remains strong, especially in Estonia, where ESTO is proudly considered a household brand.
  • Those improvements are the best indicator of our strategic priority in sustainable growth and building resilience in the face of market volatility."

ESTO Holdings OU reports record-breaking third quarter 2023 results underlining market leader positioning in the Baltics and announces upcoming equity raise

Retrieved on: 
Thursday, November 2, 2023
Net, EBITDA, Yoy, Growth, GMV, EUR, Video game, Renewable energy, Baltic states

TALLINN, Estonia, Nov. 2, 2023 /PRNewswire/ -- ESTO Holdings OU , a leading Estonian payment processor and consumer credit provider, today reported its all-time high financial results for the three-quarters of 2023.

Key Points: 
  • TALLINN, Estonia, Nov. 2, 2023 /PRNewswire/ -- ESTO Holdings OU , a leading Estonian payment processor and consumer credit provider, today reported its all-time high financial results for the three-quarters of 2023.
  • To fuel the growth dynamics, ESTO has announced the upcoming capital raise initiative.
  • Our market positioning remains strong, especially in Estonia, where ESTO is proudly considered a household brand.
  • This strategic move aims to fuel ESTO's growth aspirations in the Baltics, capture additional market share, and support the development of innovative financial solutions.

EQS-News: Eleving Group S.A.: Eleving Group issues EUR 50 mln senior secured and guaranteed bonds

Retrieved on: 
Thursday, October 26, 2023
CIS, Regulated market, Home, ISIN, HK Mogo, The Elevation Group, Financial adviser, News, EUR, Investment, National Association of Personal Financial Advisors, Kings County Elevated Railway, Security (finance), Cryptocurrency, Baltic states, Central Europe

Eleving Group, a Latvian head-quartered leading provider of financial and mobility solutions in Central Europe, CIS, Eastern, and Sub-Saharan Africa, rated B- (stable) by Fitch Ratings, following the exchange of Mogo AS 2021/2024 bonds, and the public offering of Eleving Group 2023/2028 bonds, issues EUR 50 mln senior secured and guaranteed bonds (ISIN DE000A3LL7M4).

Key Points: 
  • Eleving Group, a Latvian head-quartered leading provider of financial and mobility solutions in Central Europe, CIS, Eastern, and Sub-Saharan Africa, rated B- (stable) by Fitch Ratings, following the exchange of Mogo AS 2021/2024 bonds, and the public offering of Eleving Group 2023/2028 bonds, issues EUR 50 mln senior secured and guaranteed bonds (ISIN DE000A3LL7M4).
  • The investments attracted will be mainly used to refinance Mogo AS 2021/2024 bonds maturing next year on March 31 and to repay other Group’s liabilities.
  • Approximately 2,000 retail and institutional investors from the Baltic States and Germany have exchanged or subscribed to Eleving Group’s new bonds.
  • During the issue, Eleving Group offered senior secured and guaranteed bonds with a nominal value of EUR 100, maturity in 2028, and a coupon rate of 13%.

Dow Jones Risk & Compliance Completes ISAE 3000 Assurance for Ninth Consecutive Year

Retrieved on: 
Wednesday, October 11, 2023
Language, Assurance, Internal audit, PwC, Intelligence, Dow Jones & Company, Dow Jones, ISAE, Type, Dow, Growth, Research, International Auditing and Assurance Standards Board, Office of Foreign Assets Control, Social, Biophysical environment, Child, Type 2, Audit, Renewable energy, Cryptocurrency, Baltic states, EU

The audit provides third-party validation that the quality procedures and controls for Dow Jones’s sanctions data are suitably designed and operating effectively.

Key Points: 
  • The audit provides third-party validation that the quality procedures and controls for Dow Jones’s sanctions data are suitably designed and operating effectively.
  • This is the ninth independent review of Dow Jones’s sanctions data, and the fifth consecutive year that Dow Jones has undertaken a Type II reasonable assurance report.
  • Beyond direct sanctions – Dow Jones analysis highlights a shift in sanctions compliance moving beyond those directly sanctioned to those owned or controlled by sanctioned subjects.
  • The Dow Jones 2023 Data Quality Report and Sanctions Assurance ISAE 3000 (Revised) report are available to customers upon request.

EQS-News: Hawesko Holding SE: Hawesko Group enters into strategic partnership in the Baltic States and expands international activities

Retrieved on: 
Tuesday, October 17, 2023
Partnership, Acquisition, Frankfurt Stock Exchange, DNA, EUR, HAW, SE, Wine, Baltic, Security (finance), Airline, Dunker, Baltic states

The wine trading group Hawesko Holding SE (HAW, HAWG.DE, DE0006042708) has entered into a strategic partnership with the Dunker Group and in this context is acquiring 50 percent of the shares in Dunker Group OÜ.

Key Points: 
  • The wine trading group Hawesko Holding SE (HAW, HAWG.DE, DE0006042708) has entered into a strategic partnership with the Dunker Group and in this context is acquiring 50 percent of the shares in Dunker Group OÜ.
  • The Hawesko Group is thus expanding its international activities and tapping into the Baltic market.
  • "Dunker offers us an ideal opportunity to enter the Baltic market thanks to its good market presence and relevant size.
  • The shares in Hawesko Holding SE are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Co-Founder and Former CEO of Sir Kensington's, Mark Ramadan, and CEO of Citycon and Thirty-Year Retail Real Estate Veteran, F. Scott Ball, Join True Food Kitchen's Board of Directors

Retrieved on: 
Wednesday, October 11, 2023
Cadbury, Mills Corporation, Knowledge, Shopping, Acquisition, Costco, ULI, International Council of Shopping Centers, Restaurant, EPRA, Unilever, Mondelez International, Nordic, Urban Land Institute, Oxford Properties, Growth, The Rouse Company, ICSC, Bachelor, International Council, The Non-GMO Project, Cheese, Walmart, Drink, La Salle University, Brown University, Partner, Management, Sodexo, Baltic states, Economics, Citycon

Founded in 2008, True Food Kitchen elevates wholesome dining with craveable, chef-inspired dishes and beverages made with consciously sourced ingredients across its 44 restaurants.

Key Points: 
  • Founded in 2008, True Food Kitchen elevates wholesome dining with craveable, chef-inspired dishes and beverages made with consciously sourced ingredients across its 44 restaurants.
  • "We are thrilled to welcome Mark and Scott to our Board of Directors," said John Williams, CEO of True Food Kitchen.
  • Their knowledge and experience will be invaluable as we continue to grow and evolve True Food Kitchen."
  • "True Food Kitchen is an inspirational pioneer in creating clean, delicious food served with passion and care," said Ramadan.

World leader of civilian thermal imaging Yukon Group reveals its new corporate brand

Retrieved on: 
Thursday, October 5, 2023
Pulsar, Culture, Growth, Weather, Marketing, Research, Telescopic sight, Baltic states

VILNIUS, Lithuania, Oct. 5, 2023 /PRNewswire/ -- The group of high-tech companies Yukon Advanced Optics Worldwide, specializing in civilian thermal imaging optics, is introducing a new unified branding, positioning, and website.

Key Points: 
  • VILNIUS, Lithuania, Oct. 5, 2023 /PRNewswire/ -- The group of high-tech companies Yukon Advanced Optics Worldwide, specializing in civilian thermal imaging optics, is introducing a new unified branding, positioning, and website.
  • The new corporate brand of Yukon Group will now unite subsidiary companies producing devices labeled with Pulsar and Yukon Advanced Optics brands.
  • "After three decades of growth, innovation, and market expansion, the Yukon Group has matured into a cohesive identity.
  • As a pioneer in civilian thermal imaging production, the Yukon Group has introduced over 10 innovations in this field to the global market.

World leader of civilian thermal imaging Yukon Group reveals its new corporate brand

Retrieved on: 
Thursday, October 5, 2023
Pulsar, Culture, Growth, Weather, Marketing, Research, Telescopic sight, Baltic states

VILNIUS, Lithuania, Oct. 5, 2023 /PRNewswire/ -- The group of high-tech companies Yukon Advanced Optics Worldwide, specializing in civilian thermal imaging optics, is introducing a new unified branding, positioning, and website.

Key Points: 
  • VILNIUS, Lithuania, Oct. 5, 2023 /PRNewswire/ -- The group of high-tech companies Yukon Advanced Optics Worldwide, specializing in civilian thermal imaging optics, is introducing a new unified branding, positioning, and website.
  • The new corporate brand of Yukon Group will now unite subsidiary companies producing devices labeled with Pulsar and Yukon Advanced Optics brands.
  • "After three decades of growth, innovation, and market expansion, the Yukon Group has matured into a cohesive identity.
  • As a pioneer in civilian thermal imaging production, the Yukon Group has introduced over 10 innovations in this field to the global market.

Royal Danish Air Force and Lockheed Martin Celebrate Arrival of First Four Danish F-35 Aircraft

Retrieved on: 
Sunday, October 1, 2023
Royal Danish Air Force, Partnership, Joint Strike Fighter program, Lockheed Martin Aeronautics, F-35, Vojens Airport, Lockheed, Aircraft, Lockheed Martin F-35 Lightning II procurement, Luke Air Force Base, Defense Acquisition Program Administration, Danish Defence, F-16, System Development Corporation, AIR, United Kingdom, Kingdom, Edwards Air Force Base, Lockheed Martin F-35 Lightning II, Jet fuel, Arms industry, Baltic states, European

SKRYDSTRUP AIR BASE, VOJENS, Denmark, Oct. 1, 2023 /PRNewswire/ -- The Kingdom of Denmark officially celebrated the in-country arrival of its first four permanently based F-35A Lightning II aircraft at Skrydstrup Air Base, Denmark.

Key Points: 
  • During the ceremony, Lockheed Martin officially handed over the certificate of ownership of Denmark's F-35s to the Danish Ministry of Defense Acquisition and Logistics Organization.
  • "Arrival of the first F-35 combat aircraft in Denmark is a historic event for the Danish Defence and the Royal Danish Air Force.
  • The Royal Danish Air Force also contributed a Danish F-16 to the Joint Strike Fighter 461st Flight Test Squadron at Edwards Air Force Base, California where it served as a chase plane for the F-35 Development, Test & Evaluation program.
  • Lockheed Martin continues to work side by side with F-35 operators to ensure allies remain ahead of the evolving threat.

Pax8 EMEA Opens New Riga Office, Paving the Way for Enhanced Partner Engagement and Job Creation in the Baltics

Retrieved on: 
Thursday, September 21, 2023
Cloud, TVG, Service provider, Partnership, Member of the Scottish Parliament, Managed services, Acquisition, Adobe, Heel, Growth, Environment, Tourism, Baltic states

This significant milestone signifies Pax8’s commitment to strengthening partner and vendor engagement in the Baltic region, while also contributing to the local economy through job creation and sustainable technology practices.

Key Points: 
  • This significant milestone signifies Pax8’s commitment to strengthening partner and vendor engagement in the Baltic region, while also contributing to the local economy through job creation and sustainable technology practices.
  • On visiting the new office, Pax8’s Global CEO and Founder, John Street, said, "The opening of our Riga office is a major achievement for Pax8.
  • Constructed in 1913, the historic building housing Pax8 EMEA's Riga office is a true architectural gem, boasting neoclassical details and structural clarity.
  • Harald Nuij, CEO of Pax8 EMEA, states, "This exciting move underlines our unwavering dedication to both our partners and employees.