News
Eleving Group: “Doors to Europe and other continents remain wide open for us”
Modestas Sudnius (CEO) and Māris Kreics (CFO) have just been interviewed by BondGuide, a German media outlet providing up-to-date information on the market for fixed-income securities issued primarily by medium-sized companies. The interview briefly covers topics such as the Eleving Group’s performance in recent years, the view on what is happening on the capital markets, and discusses current events at the company.
The Baltic bond market is starting to attract new companies and investors
The Baltic bond market has shown long-awaited growth in recent years. Companies and investors are starting to take an interest in it. However, how dynamic this market will be depends mainly on the key drivers of this process, namely issuers, banks, and regulators.
Perhaps this crisis is not what everyone thinks
Eleving Group’s CEO Modestas Sudnius has been interviewed by one of the largest and oldest Latvian business media, ‘Dienas Bizness’. During the conversation, Modestas discussed the business results of previous years, the impact of economic stagnation on lending, new products, emphasized on the way Eleving Group is thinking about the business operations, and the overall situation in the Latvian Fintech industry.
The importance of diversification of funding in times of economic uncertainty
Almost all funding sources have become more expensive and harder to obtain. In the case of Eleving Group, the decision to participate in the capital markets by placing public and private debt securities (bonds) and the subsequent work in 2021 on the issue of new bonds to attract funding and refinance the previous bonds is of decisive importance today.
If you have an effective management system, then the business can be done even in very exotic markets
Eleving Group’s story about the management of international business from Latvia.
Eleving Group joins the Zero Tolerance Against Corruption initiative
Eleving Group has joined the initiative organized by Delna (Transparency International LATVIA) and CSR Latvia, aimed to reduce the risks of corruption in the Latvian business environment, improve business practices in disclosing information, and implement anti-corruption programs.