Posts tagged as contribution

Latvia to make contribution to Global Media Defense Fund

Wednesday, December 4, 2019

On 3 December 2019, the Latvian Cabinet of Ministers approved a draft resolution prepared by the Ministry of Foreign Affairs that will mean Latvia pays contributions to various international organizations from the Foreign Ministry’s budget. The resolution says that EUR 10,000 is to be paid into the Global Media Defense Fund, run by UNESCO, which is described as “a way for Latvia to contribute to the strengthening and development of global…

Why Estonia’s contributions in Africa continue to make sense

Monday, October 15, 2018

Foreign news editor at daily Postimees, Martin Kutti writes in a comment for his paper why Estonia should continue to contribute to international efforts in Africa’s Sahel zone. Kutti accompanied Prime Minister Jüri Ratas (Centre) and Commander of the Estonian Defence Forces (EDF) Gen. Riho Terras to Mali earlier in October. In his opinion piece for Postimees (link in Estonian), Kutti calls the Sahel “one of the world’s forgotten corners” and describes…

ZGI-4 venture capital fund attracted the currently largest private investment in Latvia amounted 10 mln euros

Saturday, August 25, 2018

One of the most experienced venture capital fund managers in the Baltic States, ZGI Capital, has attracted private investments of 10 mln euros to the newly founded capital growth fund ZGI-4. At present, it is the largest private investment raising in Latvia for a state co-financed capital growth fund. The largest amount, or 7.5 mln euros, was invested in the ZGI-4 fund by Swedbank Ieguldījumu Pārvaldes Sabiedrība AS, which will…

Lithuanian Airports to transfer record dividends to the state budget

Thursday, June 7, 2018

In 2017, Lithuanian Airports enjoyed record numbers of passengers and this year they will submit the largest contribution to the state budget in the company’s history. It amounts to 3.4 million EUR, which is 1.7 million EUR more compared to the year before. According to Tomas Krakauskas, Chairperson of the Board of Lithuanian Airports, the company’s performance is improving with each year, thus creating benefit for the state. It also…