Shannon commercial properties, building for the future


Shannon Commercial Properties, a commercial property company located on the west coast of Ireland and focused on developing its extensive core property portfolio, has embarked on a €21 million first-phase investment programme at Shannon Free Zone, the world’s first tax free trade zone (established in 1959). Over the next five years Shannon Commercial Properties will construct advance manufacturing units and office blocks as well as the upgrade of some of its existing core assets at Shannon Free Zone, the largest business park in the portfolio. A 600-acre business park containing over 150 companies employing over 7,000 people, Shannon Free Zone is the largest multi-sector business park in the Atlantic Corridor.

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Sentio – Your Corporate Finance Partner


Sentio is an independent Estonian corporate finance firm with Pan-Baltic, Scandinavian and other international network contacts. The company was founded in 2003 with an objective to provide fast, flexible and professional corporate finance services. Sentio is also an associate founding member of the Estonian Venture Capital Association, an affiliated member of the Wyn River advisory firm network (a network of highly experienced independent associates focused on improving business performance across Central, South East and Eastern Europe, the Caucasus, Central Asia and Africa) and a member of the Estonian Chamber of Commerce and Industry.

The Sentio partners have over 15 years of private equity investment, corporate finance and consulting experience with medium-sized companies, which provide us outstanding contacts with business and finance leaders in Estonia and in neighboring markets. The company is also well connected with different Nordic and Baltic private equity funds.

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Digital Economy Estonia: From IT tiger to the World’s Most Pre-eminent e-state


Despite its small population of just 1.3 million, Estonia is punching well above its weight on the global stage. It’s an active member of the European Union and most international organisations and ranks very well by most global measurements when it comes to the business environment: first in the International Tax Competitive Index, third in the Index of Economic Freedom in the EU (ninth in the world), sixth in Trading Across Borders, 14th in Ease of Doing Business, and second in Internet Freedom. Indeed, were the internet to have a postal address, it would most likely be in Estonia. It has a reason to be proud of its highly developed telecommunications network.

In just 20 years, Estonia has become one of the most wired and technologically advanced countries in the world – a true digital society. With internet access declared a human right, some of the fastest broadband speeds in the world widely available all across the country, and digital public services embedded into the daily lives of individuals and organisations, the country is now commonly called “e-Estonia”.

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A New Deal


New funding soon to be changing the business landscape of Inverness and the wider Highlands area Pulls New projects funded by the City Deal will focus on the attraction and retention of young people in a region that has traditionally seen their out-migration.

In March this year it was confirmed that Inverness and the wider Highlands area would benefit from a £315 million investment deal to improve transport links, digital connectivity and develop the region as a science and technology hub. This landmark investment comes from three main sources. Over a 10-year period the UK Government has committed £53.1 million, £127 million is from the Highland Council and its regional partners and the Scottish Government has committed a further £135 million. This significant funding agreement provides a transformative opportunity for Inverness and the Highlands. As investment is delivered it will help to position Inverness and the wider Highlands as a region of digital opportunity and strength, creating the best digitally connected rural region in Europe.

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Dreams versus Reality

old classic

Cuba looks like a profitable investment destination, and the Caribbean country is in search of foreign funding to become the new nucleus for global trade.

Home to more than 11 million consumers, it is only 198 nautical miles from the Port of Havana to the Port of Miami, and European businesses have already set up home on the island. But is it still risky business?
Cuba’s communist government first opened to international firms in the 1990’s during the financial crisis instigated by the collapse of the Soviet Union. So far the results have been mixed, with approximately 60% of the foreign investment projects closing down. While the 2011 market-oriented reforms were meant to create a more productive economy, Cuba’s growth from 2011 – 2013 averaged at only approximately 2.3% per year, and dropped to a 1.3% expansion in 2014. Barack Obama’s visit to Cuba last month was the first time a US president visited since Calvin Coolidge in 1928, with many hoping that the island nation’s virtually non-existent foreign business investments would get a kick start.

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Jersey – Stable Platform with a Global Dynamic

Jersey Shoreline

In today’s competitive globally-focused commercial landscape, having a stable, business-friendly platform has never been more important, and the Channel Island of Jersey is finding it consistently ticks the right boxes across a broad range of business sectors.

Locate Jersey, part of the Economic Development Department within the Government of Jersey, is the body responsible for promoting, attracting and retaining inward investment for Jersey by focusing efforts on economic growth and supporting high value individuals and their families who are looking to relocate.

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International Investors Keep An Eye on Greenlandic Venture Company


Key players spot advantages of collaborating with local investors

The Greenlandic venture company, Greenland Venture, has expanded its activities in recent years. It no longer limits itself to investing in national companies but is now also collaborating with international companies that are interested in investing in Greenland and Greenlandic businesses. Last year, Greenland Venture signed a high-profile contract that increased its stake and investment in True North Gems Greenland, which has just now opened Greenland’s very first ruby mine at the Aappaluttoq deposit south of Nuuk.

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Seeking Growth, EU Auto Manufacturers are Turning to…Mexico?


One of the biggest recent developments in auto industry site selection took place in the summer of 2014 when BMW announced plans to build a $1 billion manufacturing facility in San Luis Potosi, Mexico. When the plant comes online in 2019, it is expected to churn out some 150,000 units per year.

The announcement came less than two years after Audi had announced its own plant in Mexico, a $1.3 billion facility San Jose Chiapa, where the Q5 luxury SUV will be produced this year. These dual announcements were significant for several key reasons. First, the high-profile decisions of BMW and Audi showed a strong vote of confidence in the ability of Mexico to produce high-end luxury automobiles. For a while, Mexico was considered primarily as a low-cost destination for manufacturers to crank out compact and sub-compact cars. The two luxury, German automakers quickly dispelled that myth, both citing faith in the capabilities of the Mexican workforce and its established heritage in the auto sector.

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