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LitCapital completes sale of Putoksnis shares


Growth capital fund LitCapital has completed the sale of the investment in UAB Putoksnis, PET production company based in Siauliai, Lithuania. All shares were acquired by UAB 3 Rill. The parties have agreed not to disclose financial terms of the transaction.


LitCapital portfolio company Brolis Semiconductors has signed investment agreement with leading laser manufacturers


Brolis Semiconductors, a portfolio company of LitCapital, signed investment agreement with Light Conversion and Eksma, leading Lithuanian laser system manufacturers. The investment will be used to grow business internationally and further develop diode lasers and diode laser based components technology.


LitCapital@LOGIN 2015


Šarūnas Šiugžda and Arvydas Saročka, Partners of growth capital fund LitCapital, shared their experience with young enterpreneurs on how to present their businesses to investors.


Award marks Altechna's success in export markets


Altechna, a portfolio company of a growth fund LitCapital, received an award for achievements in export markets in an annual award ceremony hosted by the Ministry of Economy of the Republic of Lithuania. Altechna gets majority of its revenues from exports and sales in international markets have been growing at double digit rates annually in recent years.


Multicultural workforce fuels Eldes’ sales and growth


Eldes, a Vilnius based company specializing in the design and production of security systems, believes that company’s growth goals can be achieved only with truly international and multicultural pool of talents. The company employs specialists from Brasil, Puerto Rico, Colombia, Bolivia, Australia, Turkey and many other countries.


European Union funding or investments?


Historically, EU structural funds have been distributed as a non-repayable funding. However, it has changed and now funds are aimed at financial instruments more.


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