Global Trade Alert
Global Trade Alert

Back to state act

Latvia: EIF invests EUR 20 million in SG Capital to support financing to SMEs and mid-caps in the Baltics

Description

On 13 January 2025, the European Investment Fund (EIF) invested EUR 20 million (USD 20.4 million) into SG Capital. The capital injection will enable SG Capital, a Latvian investment and credit bank, t...

Sign in to see full description

Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Jan 2025

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

Sign in to access 3 sectors

Affected Products

Sign in to access 0 products