The INVL Sustainable Timberland and Farmland Fund II, a fund that invests in forest and land and whose investment portfolio is managed by INVL Asset Management, the leading Baltic alternative asset manager, completed a transaction to acquire nearly 1,400 hectares (ha) of forest in Romania.
MoreThe real estate investment company INVL Baltic Real Estate’s Latvian subsidiary Dommo Biznesa Parks signed a EUR 2.55 million loan agreement with OP Corporate Bank plc Latvia branch.
MoreOn 15 December 2023, AB Invalda INVL acquired 62,270,383 newly issued shares of AB Šiaulių bankas
MoreFollowing the completion of a retail businesses merger, Invalda INVL, the leading Baltic asset management group, has acquired 9.39% of the shares of Šiaulių Bankas and increased its equity stake to 18.45%, thus becoming the bank’s largest shareholder.
MoreInvalda INVL plans to publish information to investors in 2024 in accordance with the following calendar:
MoreMoldova-Agroindbank (maib), the largest commercial bank in Moldova, whose one of the shareholders is the leading asset management group in the Baltics – Invalda INVL, has announced today the start of the CEO succession process. After a very successful tenure as CEO, Giorgi Shagidze will depart the bank in June 2024, nearly three and a half years into his mandate, to pursue a new opportunity. The successor CEO will be announced in due course, following a competitive selection process.
MoreInvalda INVL concluded stock option contracts with the employees of the subsidiaries, who transfer to AB Šiaulių bankas.
MoreInvalda INVL’s equity at the end of September this year was EUR 135.6 million, or EUR 11.29 per share. The figures were 3.7% and 2 % larger, respectively, than at the end of 2022.
MoreŠiaulių Bankas and Invalda INVL have successfully completed the merger of their retail businesses. Effective 1 December 2023, Šiaulių Bankas Group will take over the management of II pillar and III pillar pension funds and retail investment funds, expanding the range of investment options available to clients. Additionally, the Group will introduce a revamped suite of life insurance products. Invalda INVL will become the largest shareholder of Šiaulių Bankas when the transaction is finalised.
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