Estonia's Trigon Capital brings in new investor
Published:
28 November 2001 y., Wednesday
The Estonian investment bank Trigon Capital has brought a new investor into its circle of owners in a closed stock issue; the name of the investor will be made public on Tuesday.
Involvement of additional capital was necessary to expand business, spokespeople for Trigon told BNS on Monday. Unconfirmed reports suggest that the investor comes from Finland.
Trigon Capital, which operated under the name Hansa Investeeringute AS (Hansa Investment) until the end of 1999, was owned until spring 1999 in equal halves by Hansapank and Trigon Holdings Ltd, a company of businessman Joakim Helenius.
A stock issue in April 1999 reduced the stake of Hansapank in the investment bank to 33 percent. In October the same year Hansapank sold its remaining holding to Best Invest, a company of Hansa Investeeringud employees, for 15 million kroons (USD 0.85 mln). The owners then decided on a name change, and the investment bank is known as Trigon Capital AS since January 2000.
The company operated with a loss of 33.96 million kroons in 1998 and made a loss of 4.45 million kroons in 1999. It finished the year 2000 with a profit of 30.54 million kroons.
Šaltinis:
parex.net
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
New legislation for pan-European supervision of credit rating agencies and a public debate on how financial institutions are managed.
more »
On 2 June in Vilnius, Lithuania‘s Vice-Minister of Foreign Affairs Asta Skaisgirytė Liauškienė and Deputy Director General of the World Trade Organization Rufus H. Yerxa discussed the main issues on the international trade policy agenda, Russia‘s WTO accession and the changing role of China in the world economy.
more »
2157 former construction workers in Spain and 598 ex-employees at the Irish crystal glass company Waterford Crystal with suppliers could get €11 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Wednesday.
more »
Companies from the UK, Belgium, Germany and Spain have won the 2010 European Business Awards for the Environment.
more »
The planned overhaul of EU fisheries policy should devolve more powers to regions, protect small coastal fleets and boost aquaculture, said MEPs and members of national parliaments on Tuesday.
more »
The first in a series of loan agreements for energy efficiency investments in multi-apartment buildings was signed today between the European Investment Bank (EIB), as manager of the JESSICA holding fund in Lithuania, and Šiaulių bankas.
more »
Despite the current economic crisis and tensions in the euro, Estonia is set to adopt the single currency in January.
more »
Commission proposes a bank tax to cover the costs of winding down banks that go bust.
more »
The European Investment Bank will provide a total of EUR 400 million to Hellenic Petroleum SA in order to increase the production of cleaner fuels via the upgrading of the Elefsina refinery.
more »
European ministers meet on Tuesday and Wednesday in Brussels at the final Competitiveness Council to be held during the six months of the Spanish Presidency, which has an agenda laden with important issues such as the electric vehicle, the European patent system and national R+D investment goals.
more »