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
European cities may still be feeling the pinch of the global recession.
more »
The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields.
more »
The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars.
more »
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
more »
In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.
more »
Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’.
more »
The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg.
more »
EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.
more »
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday.
more »