{"id":7750,"date":"2018-09-18T09:46:15","date_gmt":"2018-09-18T07:46:15","guid":{"rendered":"https:\/\/www.altum.lv\/for-the-first-admission-of-the-three-acceleration-funds-applied-641-companies-and-startup-teams-almost-30-have-received-a-place-in-the-acceleration-programme-already-by-their-first-attempt-and-will-b\/"},"modified":"2022-05-19T11:40:01","modified_gmt":"2022-05-19T09:40:01","slug":"altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development","status":"publish","type":"post","link":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/","title":{"rendered":"ALTUM signs Letter of Intent on participation in EUR 1 billion investment fund for infrastructure development"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7750\" class=\"elementor elementor-7750 elementor-6188\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section altum__default elementor-element elementor-element-4c5cef8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4c5cef8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bacde9d\" data-id=\"bacde9d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9f3604d elementor-widget elementor-widget-text-editor\" data-id=\"9f3604d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Yesterday, September 17, Mr. Reinis B\u0113rzi\u0146\u0161, the Chairman of the Board of the Joint Stock Company \u201cAtt\u012bst\u012bbas finan\u0161u instit\u016bcija Altum\u201d was in the Romanian capital Bucharest, where he signed the Letter of Intent on the sidelines of the Three Sea Initiative Summit regarding Latvia\u2019s participation in the formation of a EUR 1 billion investment fund.<\/p><p>\u00a0<\/p><p>The Three Seas Fund is the initiative of the promotional institutions of 12 Baltic, Black and Adriatic Sea countries, with the aim of facilitating the development and financing of infrastructure projects, which are still lagging behind in terms of investments in these countries when compared to the situation in Western Europe.<\/p><p>\u00a0<\/p><h3>ALTUM board chairman Reinis B\u0113rzi\u0146\u0161:<\/h3><p>\u00a0<\/p><p>\u201cIt will be possible to financing important infrastructure projects in Latvia from the Three Seas Fund, including technical assistance for developing projects. The Three Seas Fund will not compete with current financial initiatives, but will serve as an additional catalyst for the development of current, as well as new projects. There will be special cooperation between the public and private sectors, and those benefiting the most will be the founding countries of the investments fund and their residents.\u201d<br \/><br \/>The Investment Fund will be made up of payments made by its founders and other resources attracted from investors. ALTUM is planning to invest approximately EUR 20 million into the investment fund. At the same time, the Three Seas Fund is also planning on attracting resources from European Union funding and other financial initiatives. The Letter of Intent was also signed by promotional finance institutions of Poland, the Czech Republic, Croatia, Romania and Slovakia. Other Three Seas Initiative countries will have the opportunity to join the investment fund at a later time.<br \/><br \/>It is planned that the Three Seas Fund will focus on strategically important transportation, energy, digital and other infrastructure projects. The countries making up the Three Seas Initiative include Latvia, Lithuania, Estonia, Romania, Slovakia, Bulgaria, Poland, the Czech Republic, Austria, Slovenia, Hungary and Croatia.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Yesterday, September 17, Mr. Reinis B\u0113rzi\u0146\u0161, the Chairman of the Board of the Joint Stock Company \u201cAtt\u012bst\u012bbas finan\u0161u instit\u016bcija Altum\u201d was in the Romanian capital Bucharest, where he signed the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6190,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-7750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ALTUM signs Letter of Intent on participation in EUR 1 billion investment fund for infrastructure development - Altum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ALTUM signs Letter of Intent on participation in EUR 1 billion investment fund for infrastructure development - Altum\" \/>\n<meta property=\"og:description\" content=\"Yesterday, September 17, Mr. Reinis B\u0113rzi\u0146\u0161, the Chairman of the Board of the Joint Stock Company \u201cAtt\u012bst\u012bbas finan\u0161u instit\u016bcija Altum\u201d was in the Romanian capital Bucharest, where he signed the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Altum\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AltumLV\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-18T07:46:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-19T09:40:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.altum.lv\/wp-content\/uploads\/2022\/05\/opening-2551a210e16c.png\" \/>\n\t<meta property=\"og:image:width\" content=\"760\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"altum\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@altumlv\" \/>\n<meta name=\"twitter:site\" content=\"@altumlv\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"altum\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/\",\"url\":\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/\",\"name\":\"ALTUM signs Letter of Intent on participation in EUR 1 billion investment fund for infrastructure development - Altum\",\"isPartOf\":{\"@id\":\"https:\/\/www.altum.lv\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.altum.lv\/wp-content\/uploads\/2022\/05\/opening-2551a210e16c.png\",\"datePublished\":\"2018-09-18T07:46:15+00:00\",\"dateModified\":\"2022-05-19T09:40:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.altum.lv\/en\/#\/schema\/person\/f5e441efa3d1d0c2d95cbcdb57125164\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#primaryimage\",\"url\":\"https:\/\/www.altum.lv\/wp-content\/uploads\/2022\/05\/opening-2551a210e16c.png\",\"contentUrl\":\"https:\/\/www.altum.lv\/wp-content\/uploads\/2022\/05\/opening-2551a210e16c.png\",\"width\":760,\"height\":480},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"S\u0101kums\",\"item\":\"https:\/\/www.altum.lv\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ALTUM signs Letter of Intent on participation in EUR 1 billion investment fund for infrastructure development\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.altum.lv\/en\/#website\",\"url\":\"https:\/\/www.altum.lv\/en\/\",\"name\":\"Altum\",\"description\":\"Finan\u0161u instit\u016bcija ALTUM\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.altum.lv\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.altum.lv\/en\/#\/schema\/person\/f5e441efa3d1d0c2d95cbcdb57125164\",\"name\":\"altum\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.altum.lv\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=150&#038;d=mm&#038;r=gforcedefault=1\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=150&#038;d=mm&#038;r=gforcedefault=1\",\"caption\":\"altum\"},\"sameAs\":[\"http:\/\/localhost\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ALTUM signs Letter of Intent on participation in EUR 1 billion investment fund for infrastructure development - Altum","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/","og_locale":"en_US","og_type":"article","og_title":"ALTUM signs Letter of Intent on participation in EUR 1 billion investment fund for infrastructure development - Altum","og_description":"Yesterday, September 17, Mr. Reinis B\u0113rzi\u0146\u0161, the Chairman of the Board of the Joint Stock Company \u201cAtt\u012bst\u012bbas finan\u0161u instit\u016bcija Altum\u201d was in the Romanian capital Bucharest, where he signed the [&hellip;]","og_url":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/","og_site_name":"Altum","article_publisher":"https:\/\/www.facebook.com\/AltumLV","article_published_time":"2018-09-18T07:46:15+00:00","article_modified_time":"2022-05-19T09:40:01+00:00","og_image":[{"width":760,"height":480,"url":"https:\/\/www.altum.lv\/wp-content\/uploads\/2022\/05\/opening-2551a210e16c.png","type":"image\/png"}],"author":"altum","twitter_card":"summary_large_image","twitter_creator":"@altumlv","twitter_site":"@altumlv","twitter_misc":{"Written by":"altum","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/","url":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/","name":"ALTUM signs Letter of Intent on participation in EUR 1 billion investment fund for infrastructure development - Altum","isPartOf":{"@id":"https:\/\/www.altum.lv\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#primaryimage"},"image":{"@id":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#primaryimage"},"thumbnailUrl":"https:\/\/www.altum.lv\/wp-content\/uploads\/2022\/05\/opening-2551a210e16c.png","datePublished":"2018-09-18T07:46:15+00:00","dateModified":"2022-05-19T09:40:01+00:00","author":{"@id":"https:\/\/www.altum.lv\/en\/#\/schema\/person\/f5e441efa3d1d0c2d95cbcdb57125164"},"breadcrumb":{"@id":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#primaryimage","url":"https:\/\/www.altum.lv\/wp-content\/uploads\/2022\/05\/opening-2551a210e16c.png","contentUrl":"https:\/\/www.altum.lv\/wp-content\/uploads\/2022\/05\/opening-2551a210e16c.png","width":760,"height":480},{"@type":"BreadcrumbList","@id":"https:\/\/www.altum.lv\/en\/altum-signs-letter-of-intent-on-participation-in-eur-1-billion-investment-fund-for-infrastructure-development\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"S\u0101kums","item":"https:\/\/www.altum.lv\/en\/"},{"@type":"ListItem","position":2,"name":"ALTUM signs Letter of Intent on participation in EUR 1 billion investment fund for infrastructure development"}]},{"@type":"WebSite","@id":"https:\/\/www.altum.lv\/en\/#website","url":"https:\/\/www.altum.lv\/en\/","name":"Altum","description":"Finan\u0161u instit\u016bcija ALTUM","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.altum.lv\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.altum.lv\/en\/#\/schema\/person\/f5e441efa3d1d0c2d95cbcdb57125164","name":"altum","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.altum.lv\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=150&#038;d=mm&#038;r=gforcedefault=1","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ad516503a11cd5ca435acc9bb6523536?s=150&#038;d=mm&#038;r=gforcedefault=1","caption":"altum"},"sameAs":["http:\/\/localhost"]}]}},"_links":{"self":[{"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/posts\/7750"}],"collection":[{"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/comments?post=7750"}],"version-history":[{"count":5,"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/posts\/7750\/revisions"}],"predecessor-version":[{"id":7755,"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/posts\/7750\/revisions\/7755"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/media\/6190"}],"wp:attachment":[{"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/media?parent=7750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/categories?post=7750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.altum.lv\/en\/wp-json\/wp\/v2\/tags?post=7750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}