Year: 2024

VILVI GROUP, which consists of Vilkyškių pieninė AB, “Modest” AB, Kelmės pieninė AB, “Kelmės pienas” UAB, “Pieno logistika” AB and “Baltic Dairy Board” SIA, consolidated sales for October 2024 amounted to 23.60 million EUR – 21.0% increase comparing to October 2023. The sales of the Group for period January – October 2024 amounted to 204.97 million EUR 18.3% increase comparing to the same period last year.    Vilija Milaseviciute                                                                                     Economics and finance directorPhone: +370 441 55 102 Email: vilija.milaseviciute@vilvi.eu

The INVL Partner Power Opportunities Fund, a closed-end fund for informed investors launched in September 2024 by INVL Asset Management, the leading Baltic alternative asset manager, which is a part of the Invalda INVL Group, has raised USD 24.71 million from investors.   A total of 71 investors have invested in the fund. The fund’s investment units were distributed in the Baltics by the financial brokerage firm INVL Financial Advisors, which operates under the INVL Family Office brand.  “Once again, we see that investors in our region warmly welcome world-class investment opportunities like this. Allocation to this fund not only helps investors to diversify their portfolios and achieve long-term capital growth, but also allows them to contribute to positive changes in the energy and infrastructure sectors on a global scale.” says Asta...

Oslo, 11 November 2024 Interoil Exploration and Production ASA (the “Company”) is pleased to announce that its Colombian subsidiary, Interoil Colombia Exploration and Production (“ICEP”), has successfully completed a downhole intervention to the Vikingo well. This intervention included the installation of a jet pump with a modified operational configuration, restoring production to 400 barrels of oil per day (bopd), a significant increase from the pre-intervention level of 105 bopd. While production is expected to stabilize at around 200 bopd, the intervention has improved operational efficiency by reducing lifting costs with the new jet pump configuration. This successful intervention emphasizes Interoil’s commitment to optimizing production efficiency and extending the economic life of its assets. In addition to enhancing well performance,...

THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER, INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF AKCINĖ BENDROVĖ ŠIAULIŲ BANKAS. On 8 November 2024 the EUR 50 million Fixed Rate Reset Perpetual Additional Tier 1 Temporary Write Down Notes (ISIN XS2922133363) of AB Šiaulių bankas were admitted to the official list of Euronext Dublin and to trading on the Global Exchange Market of Euronext Dublin administered by the Irish Stock Exchange plc. This communication is not an offer of securities or investments for sale nor a solicitation of an offer to buy securities or investments in any jurisdiction where such offer or solicitation would be unlawful. No action has been taken that would permit an offering of securities or possession or distribution of this announcement...

Novaturas Group, the largest tour operator in the Baltic States, generated revenues of EUR 61.1 mln. in the third quarter of this year. This is 3,6% less than in the corresponding quarter of 2023. The company’s EBITDA (earnings before interest, taxes, depreciation and amortisation) was negative and amounted to EUR 2.6 mln., whereas the net loss was EUR 2.9 mln. However, the negative results for the quarter were mitigated by a profitable September. “In the third quarter, we still felt the negative impact of previously mentioned reasons, i.e. oversupply of travels and fierce price competition on the market, especially for trips to Turkey and the Greek Islands. In order to ensure the satisfaction of our customers and to maintain their trust, even in the face of oversupply, we have been optimising quite moderately. In addition, the scope for...

Amsterdam, Dubai and Dhaka – 11 November 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, announces that Banglalink, its digital operator in Bangladesh, has launched RYZE, a comprehensive digital lifestyle app tailored to engage Bangladesh’s emerging generation featuring AI-powered personalization. Over 48% of Bangladesh’s 175 million people are under the age of 25, according to the Bangladesh Bureau of Statistics. As a digital operator providing mobile connectivity and a portfolio of connected digital services, Banglalink recognises this untapped potential and has launched RYZE as an all-encompassing package designed to facilitate the digital lifestyles of young Bangladeshis. RYZE is available to all mobile users across any network. It includes a prepaid package powered by AI recommendation tools...

Offtake for NOVONIX’s high-performance synthetic graphite material to be supplied to Stellantis’ cell manufacturing partners in North America Agreement for up to a target volume of 115,000 tonnes of synthetic graphite material from 2026-2031BRISBANE, Australia, Nov. 10, 2024 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, and Stellantis NV (“Stellantis”), a leading automotive company, today announced the signing of a binding offtake agreement for a minimum of 86,250 tonnes, up to a target volume of 115,000 tonnes of high-performance synthetic graphite material. The material will be supplied to Stellantis’ cell manufacturing partners in North America over a six-year term starting in 2026 from NOVONIX’s Riverside facility and a planned...