Estonian investment company Martinson Trigon announced that it has sold a hosting company Hostex to Lithuanian telecom company's TEO subsidiary Baltic Data Centre. The deal of the value remains undisclosed. Hostex has been founded in 1995 and has 20 employees. Hostex is one of the biggest data centres and hosting services providers in Lithuania. Martinson Trigon bought Hostex in 2006, which was former Microling Lietuva. Martinson Trigon other portfolio companies are in Russia, Finland, Ukraine, and all are involved in IT sector. |
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Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more