Oobelisk Receives Start Up Financing from BaltCap
Published On December 23, 2010 |
Oobelisk, a Latvia-based media production company, has received a start-up financing from BaltCap.
With the transaction, which has been completed within the EU Structural Fund’s co-financed JEREMIE initiative managed by the European Investment Fund in Latvia, BaltCap acquired a majority stake in the company.
Led by Kristaps Pētersons, Chairman of the Board and Business Development Director, Oobelisk is planning to offer corporate media products, ranging from audio visual annual reports and yearbooks to interactive presentations.
Potential clients include Baltic, Northern and Eastern European leading companies, for which the corporate image, as well as communication with shareholders, employees and society is of upmost importance.