Last year East Europe Investment Group reached turnover of 30.5 million Litas
25-02-2011According 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.
Last year profit of the financial broker company Orion Securities was 0.5 million Litas
25-02-2011In 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.
New members reinforced JSC „Scaent Baltic“ executive team
20-10-2010nvestment company "Scaent Baltic", which manages more than 25 Lithuanian and foreign companies, reinforced its own executive team. From 18th October new members joined current company‘s executive team: Anders Paulsson, Vidas Čebatariūnas, Saulius Garbaravičius and Ramūnas Garbaravičius. The remaining members of the board are Paulius Vazniokas, Magnus Astrom and chairman of the board Jonas Garbaravičius.
During the First Half-year of 2010 the Investment Return of JSC ”East Europe Investment Group“ Reached More Than 20 Percents
24-08-2010According to non-audited data, JSC "East Europe Investment Group", that specializes in direct investments in stock paper markets as well as raw markets of the Baltic countries, Russia, the Western Europe and the USA, during the first 6 months of 2010, has reached the turnover that equals 673 thousand Litas.
Scaent Baltic” earned 150 million LT income in the first quarter
14-05-2010JSC "Scaent Baltic" owned companies, working in financial service and consulting, real estate, media and publishing, energetic and manufacturing spheres, earned 150,176 million LT income in the first three months of the year 2010. Company's income for the same period last year was 101,25 million LT.
International investment funds show interest in companies working in the Baltic electricity market
01-03-2010JSC FBF "Orion Securities", a part of the "Scaent Baltic" group, working in financial brokerage and securities trade, became partners with closed-end fund which, besides other activities, work in investing to developing countries markets.
In 2009, JSC “Scaent Baltic” invested more than 40 million Lt of company‘s own funds to Lithuanian markets
26-11-2009During the first 3 quarters of the year 2009, JSC "Scaent Baltic" invested more than 40 million LT of its own funds in Lithuania. The biggest investments we made in financing subsidiaries, unaccomplished real estate projects, purchasing "Orion securities", the private banking and finance managing finance broker, and JSC "Genys", one of the biggest cooling system designing and trading company in the Baltic States.
JSC “East Europe Investment Group“ income has risen more than 2,5 times
23-11-2009According to unaudited data, JSC "East Europe Investment Group", which activities cover direct investment to the Baltic states, Russian, Western Europe and USA securities and raw materials markets, has reached 17,8 millon LT turnover during the nine months in 2009. Compared to the same period last year, income has risen more than 2,5 times.
Vytautas Magnus University Professor Valdone Darskuviene Will Work in Managing Board of "Orion Securities"
04-11-2009"Orion Securities" financial brokerage company, controlled by "Scaent Baltic" is undergoing changes. Securities Commission approved candidacy of Vytautas Magnus University Professor Valdone Darskuviene on Thursday (10.15 AM) and assigned her to start the duties of member of the Managing Board within two months following this decision.
“Orion Securities" increases its authorized capital by 2 million Lt
27-09-2009One of the biggest independent from bank financial broker companies "Orion Securities" registered an increase in their authorized capital in Registry centre on 28 September. "The capital, increased from 3.5 million Lt to 5.5 million Lt, will provide better security for our clients and partners, as well as possibility to apply new products and more progressive work methods," - said Alius Jakubėlis, the managing director of Orion Securities. According to him, working in Lithuania since 1993 the company can offer exclusive financial services, therefore is considered as one of the strongest advisors in the field of investing to small and medium business.
Mr. Linas Garbaravičius, the Chairman of the Board of JSC "East Europe Investment Group" was elected to the Board of UAB "Orion Securities".
20-09-2009On September 17, the Meeting of the Securities Commission of the Republic of Lithuania decided to approve Mr. Linas Garbaravičius nominated by UAB Financial Brokerage Company "Orion Securities" as the Board member and instructed him to commence his duties within two months since the day of adoption of this decision.”
Joint-Stock Company “East Europe Investment Group” Finished the Agreement due to the Acquisition of JSC FMĮ “Orion Securities”
05-10-2009On the 4th of August, 2009, JSC "East Europe Investment Group" (EEIG), that is a daugher company of JSC "Scaent Baltic", announced the completion of the acquisition of JSC FMĮ "Orion Securities" and from now will be the only shareholder possessing all the stocks - 100% shares of the latter company.
JSC “EAST EUROPE INVESTMENT GROUP” Obtained a Permission to Acquire JSC FMĮ “Orion Securities”
23-07-2009JSC "East Europe Investment Group" (EEIG) managed by the companies's group "Scaent Baltic" has received a positive answer from the Stock Commission allowing to acquire JSC FMĮ "Orion Securities".
LLC “Scaent Baltic” has Signed the Contract for the Acquisition of "Orion Securities" Shares
15-04-2009LLC „Scaent Baltic“ realizing strategical dvelopment plans and tryig to srengthen positions in finance market has signed the contract for the acquisition of "Orion Securities" shares.
Income of Comapnies that are Managed by „Scaent Baltic“ in 2008, Reached 483 Million Litas
15-04-2009According to non-audited data, the income of the of comapnies that are managed by „Scaent Baltic“, reached 483,9 mln. Litas for the year of 2008. Referring to the company board chairman, Mr. Jonas Garbaravičius, such results are an outcome of successful activity of all the companies - belonging to the group, projects that were implemented on time as well as a decision to sell shares of several companies belonging to "Scaent Baltic". In addition, selling of a part of Energy Realization Centre shares to "RAO Nordic OY", which is a daughter company of "Inter RAO UES", has also made a positive impact on the turnover of "Scaent Baltic". As Mr. Jonas Garbaravičius has pointed out, „all the decisions...
