Uudiste arhiiv

 

Hepsor: Hepsor JG SIA, Hepsor AS group company, signed construction agreement for the construction of Annenhof Majas project in Riga

Hepsor

Hepsor JG SIA, a subsidiary of Hepsor AS Group, and Mitt&Perlebach SIA signed a contract on November 20, 2023, for the construction of a development project named Annenhof Majas in Riga, located at Jurmalas Gatve 74. The construction contract is

Swedbank: Labour market has weakened in Estonia

Swedbank

After a long but mild GDP contraction (-4.3% from the peak so far), more cracks appear in the labour market. Employment decreased and unemployment increased, as expected, in the third quarter. Demand for labour has decreased, and the number of

Baltic Horizon: Baltic Horizon Fund General Meeting – notice to investors

Baltic Horizon Fund

Northern Horizon Capital AS invites Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) to attend an extraordinary General Meeting (hereinafter the “General Meeting”) of Baltic Horizon Fund on 6 December 2023 at

Swedbank: Prices have stabilised at a high level

Swedbank

During the past six months, consumer prices have not grown in Estonia. In October, prices were at the same level as in April this year. However, the average consumer basket is still about 30% more expensive than 2 years ago.

Nordecon: Notice of extraordinary general meeting of shareholders of Nordecon AS

Nordecon

The management board of Nordecon AS (the “Company”) (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) hereby convenes an extraordinary general meeting of shareholders, which shall be held on 29 November 2023 at 10:00 am at the Radisson Blu Hotel Olümpia conference centre at

Nordecon: Information on the sale of subsidiary

Nordecon

At the 7 November 2023 meeting of the supervisory board of Nordecon AS (hereinafter the “Company”), it was decided that the Company’s 52% majority holding in OÜ Nordecon Betoon (hereinafter also the “Private Limited Company”) will be sold in full

Nordecon: Construction contract (Golden Gate office building in Tallinn)

Nordecon

Nordecon AS and Rotermann Pluss OÜ, the owner of the Golden Gate office building being developed by US Real Estate, entered into a contract for the design and construction of the office building in Tallinn, located at Ahtri 6. The

Merko: 2023 9 months and III quarter consolidated unaudited interim report

Merko

COMMENTARY FROM MANAGEMENT Q3 2023 revenue for Merko Ehitus was EUR 122 million and for the nine months was EUR 340 million. Net profit in Q3 was EUR 12.7 million and net profit for the nine months increased to EUR

Nordecon: 2023 III quarter and 9 months consolidated interim report (unaudited)

Nordecon

Economic environment The rapid changes in the construction market due to the economic environment have continued, complicating the growth plans of companies and other related industries in the sector, and limiting their courage to act. Coping with difficult circumstances and

Swedbank: Estonia: the economic recession is receding gradually

Swedbank

In Q3, GDP dropped 2.5% y/y in real terms and remained on the same level compared with the previous quarter (swda), according to the flash estimate of Statistics Estonia. The GDP flash estimate was close to our expectations. Estonian GDP

EfTEN: EfTEN Real Estate Fund AS unaudited results for 3nd quarter and 9 months 2023

EfTEN Real Estate Fund

The increase in interest rates, which has been the main factor influencing the real estate sector over the past year, showed the first signs of stabilisation in the third quarter of 2023. Over three months, the EURIBOR, used as the

Arco Vara: Unaudited consolidated interim report for Q3 and 9 months of 2023

Arco Vara

GROUP CEO’S REVIEW Summer is traditionally the low season in the real estate market, but this year it did not apply to Arco Vara, as the third quarter showed. Although interest rates remain high, Arco Vara has been successful in

Merko: Construction contract in Estonia (Metec factory building)

Merko

On 16 October 2023, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Jalaka Kinnisvara OÜ, part of OÜ Ritola group, entered into an additional works agreement, which supplemented the contract for the construction of a factory building.

Merko: Division of the group’s Estonian subsidiary

Merko

On October 5, Merko Ehitus group’s 100% subsidiaries OÜ Merko Kodud and AS Merko Ehitus Eesti signed a division agreement, according to which real estate development activities along with the corresponding assets and liabilities will be transferred to OÜ Merko

EfTEN: LHV Pank updated equity research on EfTEN Real Estate Fund AS

EfTEN Real Estate Fund

LHV Pank updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the new price target for the share is in the range of 19 to 20,1 euros. That is