Riga, Latvia, 2016-11-11 14:00 CET (GLOBE NEWSWIRE) -- AmberStone Hotels, SIA, an AmberStone Group, AS subsidiary, has established a new subsidiary registered in Estonia, OÜ Lai 49. The share capital of OÜ Lai 49 amounts to EUR 2 500. Respectively, ABLV Bank, AS has acquired indirect qualifying holding in OÜ Lai 49 (via AmberStone Group, AS where ABLV Bank holds 24.64% of shares).
This announcement contains inner information.
AmberStone Group, AS is a holding company established in 2013 that manages its subsidiaries and affiliate companies operating in various areas. The main long-term financial objective is to increase the value of the holding as well as to ensure sustainable operations of its subsidiaries and affiliate companies. There are 103 shareholders in AmberStone Group, and the biggest shareholder is ABLV Bank, AS owning 24.64% of shares of the holding company. The holding company owns 70% of Vaiņode Agro Holding, SIA; 60% of Orto klīnika, SIA; 22.66% of Grindeks, AS; 100% of ASG 1, SIA; 90% of ASG 2, SIA; 100% of ASG 3, SIA, 100% of ASG 4, SIA, and 100% of AmberStone Hotels, SIA.
Ilmārs Jargans
Head of Public Relations Department
ABLV Bank, AS
Tel.: +371 6777 5296
e-mail: ilmars.jargans@ablv.com