The income of “Orion Securities” has grown twice, the profit earned amounts to 1,9 million |2012.01.25|
In 2011 the unaudited profit of "Orion Securities", the largest financial brokerage company in Lithuania, amounted to 1,9 million Litas, whereas the amount earned in 2010 comprised 0,3 million Litas. In 2011 the income increased by more than 2 times and reached 7,5 million Litas (in 2010 the income amounted to 3,2 million Litas).
The wind farm managed by UAB IRL Wind produced 70.6 GWh of electricity from renewable energy sources in year 2011 |2012.01.09|
UAB IRL Wind, the wind farm managed by UAB INER RAO Lietuva engaged in trading of secondary electrical power, produced 70.6 GWh of electrical power from renewable energy sources in year 2011 and generated turnover of 21 million LTL.
UAB "INTER RAO Lietuva", an independent electrical power supplier for Lithuania, signed a contract for the supply of electrical power for the year 2012, and will supply electrical power for the third year in a row to AB "ORLEN Lietuva", a petroleum refining company operating in Lithuania, and one of the largest electrical power consumers in the Baltic countries.
“INTER RAO Lietuva” has been ranked as 18th in the list of the most valuable enterprises of Lithuania. |2011.12.27|
The GILD Bankers investment bank announced a list of the 100 most valuable Lithuanian enterprises of 2010, based on the value of their shares. "INTER RAO Lietuva" UAB was evaluated at 645 million litas and took the 18th position in the list.
UAB INTER RAO Lietuva, having the status of independent electrical power supplier, renewed composition of its Board. During the meeting of shareholders, which took place on 21 October 2011, the new members of the Board were elected.
Scaent Baltic increases share capital |2011.08.30|
Investment company Scaent Baltic operating in the finance, energy, publishing and other sectors has increased its share capital from 500 thousand to 5m Litas.
On 25 August, the only one in the Baltic countries closed and open air complex of ski trails was officially launched in the village of Mizarai near Druskininkai. Genys, a company designing and installing refrigeration equipment, was awarded the contract for the installation and commissioning work of the cooling and snow production systems, and made a significant contribution to the implementation of this unique project.
In the first half of 2011, the income of the Scaent Baltic Corporate Group was 645.7 million Litas |2011.08.03|
According to non-audited data in the first half of 2011, the income of the companies controlled by the Scaent Baltic investment company engaged in financial services, energetics, publishing and investments was 645.7 million Litas. Income within the same period in 2010 was 415 million Litas.
Two Scaent Baltic Racing Team crews with members driving BMW M3 took part in one of the largest and most prestigious racing sport events of the Baltic States - Omnitel 1000 km Race in Palanga on July 21-23.
On 15 July, the transaction of UAB IRL Wind, a subsidiary of INTER RAO Lietuva, on the acquisition of the current 30 MW wind power farm in Kretinga District operated by UAB Vėjų spektras was finally completed.
Investment company Scaent Baltic operating in the publishing, energy, finance and investment sectors has determined to withdraw from its minor business by selling company UAB Gourmet Trading which is engaged in the import of and trading in food products and runs gourmet food shops Gourmet. By a common agreement, the transaction amount and the buyer's name are kept confidential.
“SC Baltic Media” acquired exclusive rights to publish The Economist publications in the Baltic States |2011.07.04|
The group of publishing and media companies "SC Baltic Media", after signing new contracts with the publishers of Great Britain's weekly paper The Economist, acquired the exclusive rights to publish The Economist publications in the Baltic countries and is expanding the activity in Latvia and Estonia.
“Scaent Baltic” reduces authorized capital |2011.06.03|
Investment company "Scaent Baltic", operating in publishing, energy, finance and investment sectors, reduced its authorized capital from 10 million LTL to 500 thousand LTL.
The group of publishing and media companies "SC Baltic Media" acquired the exclusive rights to publish in the Baltic States the publication of BBC Worldwide - magazine Top Gear. This is the first product of the wide cooperation. The first issue of the magazine in Lithuania will reach the readers together with Omnitel 1000 km race on 25 July and it will be published in Latvia and Estonia starting from January 2012.
INTER RAO Lietuva – among the leading taxpayers |2011.05.12|
According to the data of the State Tax Inspectorate (STI), in the first quarter of this year UAB INTER RAO Lietuva has paid 42.564 million litas to the state budget and became one of the biggest tax payers in the country, among the second top five of taxpayers.
UAB “Scaent Baltic” invests to renewable energy |2011.04.21|
UAB "Scaent Baltic" together with the long-term partner in the energy sector Russian company "INTER RAO JES" passed the decision to invest to renewable energy and established subsidiary company of UAB "INTER RAO Lietuva" - UAB "IRL Wind". On 15 April 2011 "IRL Wind" signed the contract with the shareholders of UAB "Vėjų spektras" on acquisition of the wind farm with 30 MW of installed capacity, operating in Kretinga region, one of the largest in Lithuania.
Construction of Žalgiris Arena in Kaunas Nemunas island comes to an end and the local residents as well as guests of the city will be able to enjoy one of the most impressive entertainment and sports complexes in entire Europe since autumn. The company Genys, engaged in the sector of refrigeration equipment, designs refrigeration equipment for the arena. The plan is to install a modern ice rink in the arena. Sports people of different winter sports will be able to enjoy advantages of the ice rink.
IQ editorial office will donate sales income to support Japanese people devastated by the catastrophe |2011.03.30|
The company "Intelligent Media" will donate all income, received after selling IQ magazine's April issue, to support Japanese people devastated by the catastrophe. New magazine issue is on sale since last Friday, March 25 and will be distributed till April 28.
UAB INTER RAO Lietuva has entered into an agreement with INTER RAO JES on power supply from the Baltiyskaja nuclear power plant, currently under construction in Kaliningrad, to the Baltic States and neighbouring countries.
In 2010, Genys, a company engaged in design and installation of refrigerating equipment, and its subsidiary in Latvia SIA Genys reached turnover of 14.13 million Litas and generated profit at the end of the year. Income within the same period in 2009 was 18.2 million Litas.
Orion Securities Strengthens Its Management Team |2011.03.02|
The largest Lithuanian non-banking stock broker company Orion Securities strengthens its positions in the sector of property management and a new member, Donatas Frejus, Manager of the Department of Investment Management, joins the team.
Last year profit of the financial broker company Orion Securities was 0.5 million Litas |2011.02.25|
In 2010, Orion Securities, the largest non-bank financial broker company in Lithuania, generated non-audited net profit of 0.5 Litas, and in 2009 the company incurred loss of 2 million Litas in relation to deferrals for bad debts.
Turnover of the companies controlled by Scaent Baltic Investment in 2010 was 54.01 million Litas |2011.02.22|
In 2010, turnover of the companies controlled by Scaent Baltic Investment, which specializes in search for and acquisition of business companies and investment projects corresponding to the strategy of the group of companies, reached 54.01 million Litas. Such turnover is 33% higher than in 2009 where the turnover was 40.5 million Litas.
According to non-audited data, East Europe Investment Group, the company engaged in direct investments in the markets of securities and raw materials in Baltic states, Russia, Western Europe and USA, reached turnover of 30.5 million Litas and generated profit of 1.45 million Litas in 2010. In 2009, the company's turnover was 20 million Litas, and profit was 1.78 million Litas.
