Uudiste arhiiv

 

Merko Ehitus: Extension of the powers of the Members of the Supervisory Board of a group’s subsidiary entity

Merko Ehitus

According to a decision of the Management Board of AS Merko Ehitus from 21 December 2020, the powers of the Members of the Supervisory Board of AS Merko Ehitus Eesti, Mr. Andres Trink and Mr. Tõnu Toomik, have been extended

Arco Vara: Bond issue

Arco Vara

Arco Vara AS conducted a bond issue as a result of which bonds in the amount of 1,780,000 euros were issued. The issue date of the bonds is 16 December 2020 and the maturity date is 13 December 2022. 178

EfTEN Real Estate Fund III: Net asset value of EfTEN Real Estate Fund III AS as of 30.11.

EfTEN Real Estate Fund

The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 30 November 2020 was 16.67 euros and the net asset value of EPRA share (net book value excluding deferred income tax liability and fair value of

Pro Kapital Grupp: Results of the second subscription and start of the third subscription of non-convertible bonds by private placement

Pro Kapital

AS Pro Kapital Grupp (hereinafter Pro Kapital) informed on 22 May 2020 that the Supervisory Council of Pro Kapital has on 21 May 2020 decided to approve the issue of unsecured, callable, fixed rate non-convertible bonds by the Company (hereinafter

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 22 December 2020 at 10:00 am at the Radisson Blu Hotel Olümpia conference centre at

Arco Vara is planning a bond issue

Arco Vara

Arco Vara plans to issue unsecured bonds in the maximum amount of 1.5 million euros with maturity date no later than 13.12.2022. The maximum amount of bonds shall be 150 with the nominal value of 10 000 euros. Planned interest rate

Swedbank: Estonian economy rebounded rapidly in the third quarter

Swedbank

In the third quarter of 2020, Estonian economy dropped by 1.9% y/y in real terms (seasonally and working day non-adjusted). Seasonally and working day adjusted GDP rose by 3.3% q/q. The result was close to our expectations. In the first

Swedbank: Unemployment rate increased in the third quarter in Estonia

Swedbank

The unemployment rate increased in the third quarter in Estonia and is expected to rise further during the winter months. According to Statistics Estonia, employment fell by 3.6% in the third quarter, over the year, mostly in the services’ sector,

Pro Kapital Grupp: Prolongation of the second subscription period of non-convertible bonds by private placement

Pro Kapital

AS Pro Kapital Grupp announced on 30 September 2020 that the Management Board decided to launch the second tranche of privately placed subscriptions of unsecured, callable, fixed rate non-convertible bonds by the Company (hereinafter the “Bonds”). The announced subscription period

Merko Ehitus: 2020 9 months and III quarter consolidated unaudited interim report

Merko Ehitus

COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of EUR 79.7 million and a net profit of EUR 4.9 million in the third quarter of 2020, the respective growth were 8.6% and 92%. The group’s 9-month revenue amounted to EUR 209

Pro Kapital Grupp: Prolongation of the second subscription period of non-convertible bonds by private placement

Pro Kapital

AS Pro Kapital Grupp announced on 30 September 2020 that the Management Board decided to launch the second tranche of privately placed subscriptions of unsecured, callable, fixed rate non-convertible bonds by the Company (hereinafter the “Bonds”). The announced subscription period

Arco Vara: Unaudited consolidated interim report for Q3 and 9 months of 2020

Arco Vara

GROUP CEO’S REVIEW We can consider the Q3 2020 positive. The sales recovery turned out to be faster than expected, which confirms that Arco Vara’s developments meet the expectations of our clients. Construction work has also continued as planned on

Baltic Horizon Fund declares quarterly cash distribution of EUR 0.026 per unit to investors

Baltic Horizon Fund

Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of EUR 0.026 per unit to its unitholders. The cash distribution will be made to all current unitholders and new unitholders who

Pro Kapital Grupp: Start of the second subscription period of non-convertible bonds by private placement

Pro Kapital

AS Pro Kapital Grupp (hereinafter Pro Kapital) informed on 22 May 2020 that the Supervisory Council of Pro Kapital has on 21 May 2020 decided to approve the issue of unsecured, callable, fixed rate non-convertible bonds by the Company (hereinafter

Estonian economy dropped less than expected in Q2

Swedbank

In the second quarter of 2020, Estonian economy dropped by 6.9% y/y in real terms and 8.4% in nominal terms. Seasonally and working day adjusted GDP dropped by 5.6% q/q. The result exceeded our expectations on the upside. In the