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AS Fenniger is based on Estonian private capital and was established on 16 April 1998 for the development and management of a real estate project. The property is located in Riga, the Republic of Latvia. In order to manage the project locally a subsidiary A/S Eldikrija with share capital of 1 million lats was established; AS Fenniger is the owner of 99.99% of its shares. A/S Eldikrija has a commercial lease contract for a valuable property in central Riga, whereas the owner of the land is the state.
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