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EBRD aims to maintain record investment levels in Lithuania

Jan 17, 2025

Vilnius [Lithuania], January 17: The European Bank for Reconstruction and Development (EBRD) invested a record 233 million euros (239.99 million U.S. dollars) in Lithuania last year and expects to maintain or even increase its investment levels in 2025, the bank's head for the Baltic states said on Thursday.
Speaking to the Baltic News Service (BNS), Tomas Kairys highlighted the strong demand for investments in Lithuania, driven by a significant pipeline of large infrastructure and energy projects.
Kairys noted that the bank will continue to prioritize investments in green energy, network modernization, digitalization, bank bonds, shares in privatized companies, and investment funds.
In total, the EBRD invested 540 million euros in the three Baltic states last year, marking a 67 percent increase from 323 million euros in 2023. Notably, 95 percent of these investments flew to green projects.
Source: Xinhua News Agency

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A Major Breakthrough in the Diamond Industry: Rajnish Retail Bags Rs1,500 Crore Order, Share Prices Predicted to Surge by 2,000%

New Delhi [India], January 17: Rajnish Retail Limited, a prestigious diamond and jewelry company based in Mumbai, has achieved a historic technical milestone. According to sources, this leading Indian company has secured a massive Rs1,500 crore order from two of the world's largest diamond companies, De Beers and Signet Jewelers. This deal is considered a significant achievement for the Indian company, likely to boost its market value and business substantially. Market analysts predict that the company's share price could witness a tremendous surge following this deal. They believe the share price could grow by approximately 2,000% in the next 10-12 months. Currently priced around Rs14, the share is expected to surpass Rs220 by next year.

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