News

INVL Technology will continue to strengthen the groups of businesses it owns

The equity of INVL Technology, a company that invests in IT businesses, was EUR 27.655 million at the end of the first half of this year, or EUR 2.27 per share, and decreased 1.3% from the start of the year. The value of INVL Technology’s investments in the businesses it owns was EUR 24.69 million at the end of June, up 1.9% from the start of the year.

INVL Baltic Real Estate has first-half net profit of EUR 1.7 million

The real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first half of this year was EUR 1.7 million and compared to the same period last year decreased 10.5%. The company’s consolidated equity at the end of June was EUR 35.3 million, while equity per share was EUR 2.685 and compared to the end of June 2018 increased 8.7% (also taking dividend payments into account).

INVL Baltic Farmland has net profit of EUR 137 000 in first half of year

INVL Baltic Farmland, a company that invests in agricultural land, in the first half of this year had revenue of EUR 302 000 and a consolidated net profit of EUR 137 000. Compared to the same period last year, the company’s revenue grew 7.5%, while its net profit decreased 2.1%.

INVL Baltic Sea Growth Fund acquires majority stake in Montuotojas

INVL Baltic Sea Growth Fund, the largest private equity investment fund in the Baltic States, today announces the acquisition (86% majority stake) of Lithuanian metal processing and industrial construction company, Montuotojas AB. This deal is completed through INVL Baltic Sea Growth Fund subsidiaries BSGF Fortis and Montuja respectively for an undisclosed amount.

INVL Baltic Real Estate is bringing international coworking network Talent Garden to Vilnius

By the end of this year, the first “Talent Garden Vilnius” international coworking space will open its doors in the Lithuanian capital. Located in the Old Town, in the former Communications Ministry building designed by renowned Lithuanian architect Justinas Šeibokas, Talent Garden Vilnius will offer companies, teams and freelance professionals from the digital and creative industries spaces of varied sizes and privacy for work and meetings, with a 150-seat modern conference hall at its heart.

INVL Baltic Sea Growth Fund invests up to €30 million into cardboard manufacturing business managed by Grigeo AB

INVL Baltic Sea Growth Fund, the largest private equity investment fund in Baltic States, is investing up to €30 million into Grigeo cardboard business, a leading paper and wood industry company for the Baltic region. Under this agreement, up to 49.99% of Grigeo Investicijų Valdymas shares, a company owned by Grigeo, will be acquired by BSGF Salvus, a subsidiary of the fund, in two phases. The transaction is to be completed upon the fulfillment of contractual terms and conditions, subject to the permission issued by the Competition Council.

INVL Baltic Farmland earns first-quarter net profit of EUR 45 000

INVL Baltic Farmland, a company that invests in agricultural land, in the first quarter of this year had revenue of EUR 151 000 and a consolidated net profit of EUR 45 000. Compared to the same period last year, the company’s revenue grew 7.9%, while its net profit decreased 36.6%.

INVL Baltic Real Estate has first-quarter net profit of EUR 0.24 million

The real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first quarter of this year was EUR 0.24 million and decreased 66% compared to the same period of 2018. The company’s consolidated equity at the end of March this year was EUR 35.55 million, while equity per share was EUR 2.70 and increased 13.2% compared to the end of March 2018 (also taking dividend payments into account).

INVL Baltic Real Estate will pay dividends of EUR 1.71 million for 2018

The real estate investment company INVL Baltic Real Estate will pay its shareholders dividends of EUR 0.13 per share for 2018, allocating a total of EUR 1.71 million to dividends. The decision was made at the general meeting of the company’s shareholders that took place today, 26 April.