Moldova-Agroindbank (maib), Moldova’s largest commercial bank, in which the leading Baltic investment management and life insurance group Invalda INVL and its clients indirectly own a stake, will pay out 198.2 million Moldovan leu (MDL) (EUR 10.3 million) of dividends. The decision was made at the general meeting of the bank’s shareholders on 15 June.
MoreThe INVL Partner Global Infrastructure Fund I, which invests in the infrastructure fund of a long-standing world-class asset manager, attracted an additional USD 2.295 million from investors. Fund is under management by INVL, the leading investment management and life insurance group in the Baltics. The fund’s units were distributed by the INVL Family Office.
MoreMoldova-Agroindbank (maib), Moldova’s largest commercial bank, of which the leading Baltic investment management and life insurance group Invalda INVL is a shareholder, had an unaudited net profit of 341.4 million Moldovan leu (MDL) (EUR 16.9 million) in the first quarter of this year, which is 25.8% more than in the same period last year.
MoreThe shareholders of INVL Technology, a company that invests in IT businesses, will vote at a meeting on 6 June on approving the terms and conditions of stock options for employees of the businesses it owns.
MorePET Baltija, one of the largest PolyEthylene Terephthalate (“PET”) recyclers in Northern Europe and part of Eco Baltia, the largest waste management and recycling group in the Baltics, today announces the investment of over €10 million as part of the development of a new PET recycling plant in Olaine, Latvia.
MoreINVL Baltic Farmland, a company that invests in agricultural land, had revenue of EUR 190,000 in the first quarter of this year, 7.3% more than in the same period last year. The company had an unaudited net profit of EUR 119,000, or 69.7% less than in the first quarter of 2022, when profit was significantly affected by gains from a sale of land. Excluding the impact of that sale of land, profit was 24.6% larger in the first quarter this year than in the same period last year.
MoreINVL Asset Management, a company of the INVL Investment Management and Life Insurance Group, has launched its second alternative investment fund for non-professional investors, with investments starting from EUR 5,000.
MoreThe INVL Sustainable Timberland and Farmland Fund II (STAFF II), a fund that invests in forest and land which is managed by INVL, the leading investment management and life insurance group in the Baltics, secured an additional EUR 9.4 million of investor commitments to reach a size of EUR 90.7 million.
MoreThe real estate investment company INVL Baltic Real Estate had a consolidated net profit of EUR 0.2 million in the first quarter of this year, 3.9 times more than in the same period last year when net profit was EUR 0.05 million. The acquisition of investment property in the first quarter of last year affected the change in net profit.
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