Uudiste arhiiv

Arco Vara: Detailed planning for the Arcojärve has been initiated

21.10.2022 Tõnu Toompark

On 19.10.2022, the Tallinn City Government initiated the detailed planning of the plot soon belonging to Arco Vara subsidiary Kolde OÜ, located at Paldiski road 124b, according to which a new residential area named Arcojärve will be built by lake…

EfTEN: Net asset value of the EfTEN United Property Fund as of 31.08.2022

30.09.2022 Tõnu Toompark

EfTEN United Property Fund

The net asset value (NAV) of the EfTEN United Property Fund was 10.89 euros as of August 31, 2022, increasing by 0,4% over the month. Since the start of the fund in late June 2021 the total return has been…

EfTEN: EfTEN Real Estate Fund III AS and EfTEN Kinnisvarafond AS concluded a merger agreement

19.09.2022 Tõnu Toompark

Today, 19.09.2022, EfTEN Real Estate Fund III AS as an acquiring fund and EfTEN Kinnisvarafond AS as a fund being acquired concluded on the basis of the respective resolutions of the supervisory board a merger agreement with the aim of…

Hepsor: Subsidiary of Hepsor AS acquires a property in Riga for development of 40-apartment residential building

05.09.2022 Tõnu Toompark

Hepsor JG SIA, a subsidiary of Hepsor AS, signed a sale-purchase agreement on 1 September 2022, for acquiring a property in Jurmala Gatve Street, Imanta district, Riga. The property will accommodate a three-storey A-energy class residential building with 40 apartments…

Trigon Property Development: Unaudited financial report for the second quarter and 6 months of 2022 and notice of calling the extraordinary general meeting of shareholders of AS Trigon Property Development

01.09.2022 Tõnu Toompark

Unaudited financial report for the second quarter and 6 months of 2022 The main business activity of Trigon Property Development AS is real estate development. As at 30.06.2022, AS Trigon Property Development owned one development project with an area of…

Merko Ehitus: Construction contract in Estonia (maintenance and repair of roads in Tallinn City)

31.08.2022 Tõnu Toompark

On 31 August 2022, Tallinna Teede AS, part of AS Merko Ehitus group, and Tallinn Urban Environment and Public Works Department entered into a framework agreement covering the performance of maintenance repairs of roads, facilities necessary for the functioning of…

AS Merko Ehitus Eesti: Extension of the powers of the Member of the Management Board of a group’s subsidiary

29.08.2022 Tõnu Toompark

According to a decision of the Supervisory Board of AS Merko Ehitus Eesti from 29 August 2022, the mandate of the Member of the Management Board of AS Merko Ehitus Eesti, Mr. Ivo Volkov, has been extended for the new…

Hepsor 3TORNI OÜ, subsidiary of Hepsor AS, signed construction agreement for the construction of Ojakalda Kodud development project

26.08.2022 Tõnu Toompark

Hepsor 3TORNI OÜ, Hepsor AS group company, and Mitt & Perlebach OÜ signed a construction agreement for the construction of Ojakalda Kodud development project on the border of Tallinn and Harku, on 25 August 2022. The value of construction agreement…

Swedbank: Prices grew two times faster than wages

25.08.2022 Tõnu Toompark

Although average wage growth accelerated to 10.1% in the second quarter, it comforts consumers little when inflation was 20.2%. The average wage rose rapidly in all economic sectors. Wages grew the most in accommodation and catering (+18.6%, over the year),…

Swedbank: Labour market still strong in the second quarter

16.08.2022 Tõnu Toompark

In the second quarter, the situation in the labor market was still good in Estonia. Employment was high and unemployment low. According to Statistics Estonia, in the second quarter, the unemployment rate was 5.8% and the number of the employed…

Nordecon: 2022 II quarter and 6 months consolidated interim report (unaudited)

04.08.2022 Tõnu Toompark

Despite the continued difficult external environment, the second quarter and first half of 2022 were overall profitable for the group. The increase in sales revenue also continued, which is largely based on the fulfillment of construction contracts concluded in previous…

Merko Ehitus: 2022 6 months and II quarter consolidated unaudited interim report

04.08.2022 Tõnu Toompark

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue was EUR 88 million in Q2 2022, and EUR 156 million in H1 2022, while the respective figures for net profit were EUR 4.2 million and EUR 7.2 million. This year, Merko has delivered…

Hepsor AS: 2022 II quarter and six months consolidated unaudited interim report

03.08.2022 Tõnu Toompark

The consolidated revenues of Hepsor for the first six months of 2022 amounted to 4.0 million euros (including 2.7 million euros in Q2 2022) and a net loss of 0.3 million euros (including 0.3 million euros in Q2 2022). The…

Net asset value of the EfTEN United Property Fund as of 30.06.2022

29.07.2022 Tõnu Toompark

EfTEN United Property Fund

The net asset value (NAV) of the EfTEN United Property Fund was 10.82 euros as of June 30, 2022, increasing by 1.8% over the month. Since the start of the fund in June 2021, the NAV of the fund has…

Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 1.56 million to investors and announces changes to cash distribution frequency

29.07.2022 Tõnu Toompark

Baltic Horizon Fund

Decision on quarterly cash distribution Northern Horizon Capital AS as the management company of Baltic Horizon Fund has approved a cash distribution of approx. 1.17% of Baltic Horizon Fund’s Q2 2022 weighted average net asset value to its unitholders. This…

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