The InMedica network of medical clinics has completed the acquisition of the Vilnius Implantology Centre Clinic (hereinafter, the VIC Clinic). The transaction, which was completed after obtaining clearance from the Lithuania’s Competition Council, is a milestone in the network’s ongoing expansion in the field of dental medicine.
Morehe Lithuanian Investment Index increased 3.3% in 2022 despite a war, a tense situation in the energy market and rising interest rates. The growth was mainly due to a major surge in housing prices. Record inflation, however, reduced the growth of the index in real terms.
More“INVL Life” intends to transfer all of its rights and obligations under all life insurance contracts concluded in Lithuania to “SB Draudimas”. It is planned that the rights and obligations under the Insurance Contracts will be transferred to SB Draudimas no later than 31 December 2023.
MoreContinuing previous expansion in the field of dental services, InMedica group has acquired RVL, a dental clinic in Panevėžys which offers oral hygiene and oral surgery services as well as dental fillings, extractions, prosthetics and implants. RVL is the first dental clinic that the healthcare group has acquired in Panevėžys and the fourth in Lithuania overall.
MoreThe shareholders of Invalda INVL, the leading investment management and life insurance group in the Baltic region, on Wednesday approved a deal with Šiaulių Bankas to merge their retail businesses. That same day, a meeting of the shareholders of Šiaulių Bankas also approved the merger.
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 1.13 billion Moldovan leu (MDL) (EUR 56.8 million) in 2022, which is 56,8% more than in 2021. Last year’s profit was boosted by a one-off transaction in the first quarter involving the sale a written-off loan for EUR 11.5 million.
MoreAS Eco Baltia, the largest environmental and waste management group in the Baltics, with significant interest from investors issued 8 million EUR of its inaugural 3-year bonds. Issue was oversubscribed more than 3.5 times with orders from over 250 qualified and retail investors from Latvia and Lithuania.
MoreINVL Asset Management, part of the leading Baltic investment management and life insurance group INVL, completed a transaction to acquire the remaining shares of Mundus, an asset management company which manages a private debt fund.
MoreEco Baltia, the largest environmental and waste management group in the Baltics, backed by INVL Baltic Sea Growth Fund, leading Baltic private equity fund, is entering the bond market and seeks to issue up to EUR 8 million of unsecured fixed-rate bonds. Subscription period starts on 2nd of February and will end on 10th of February.
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INVL and Šiaulių bankas merged their retail services as of 1 December 2023.
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INVL and Šiaulių bankas merged their retail services as of 1 December 2023.