Riga, 2017-08-22 07:42 CEST (GLOBE NEWSWIRE) -- As of 7 August 2017, the mid-sized Cyprus based investment firm RIMSON HOLDINGS LIMITED has entered into a strategic partnership with AS "BALTIC TELEKOM" to create a listed private equity vehicle to unlock investment potential and provide access to successful profitable companies operating in Russia and the CIS. RIMSON HOLDINGS LIMITED will provide an initial credit facility of EUR 200,000 to AS "BALTIC TELEKOM" which will in turn acquire minority stakes in such companies, and will work with an international investor base to generate profit for all AS "BALTIC TELEKOM" shareholders.
Contacts:
Address: 1-5 Rupniecības Street, Riga, LV-1010
Phone: +371 67783600
Contact person:
Gene Zolotarev
Board Member
Phone: +371 67783601
E-mail: gene@baltictelekom.lv
Certified consultant:
Ģirts Apsītis
Chairman of the Management Board
"Ardente" Ltd.
Phone: +371 29466577
e-mail: ardente@ardente.lv