Uudiste arhiiv

 

Swedbank: The unemployment rate should peak this autumn

15.05.2020
swedbank

• Labour market figures were still strong before the crisis.  • Data has deteriorated rapidly since March.  Corona crisis did not affect Q1 data Q1 labour market survey was carried out between January and March, i.e. before the crisis hit.…

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AS Tallinna Moekombinaat submits the reorganization plan to the creditors

08.05.2020
prokapital

AS Pro Kapital Grupp has notified about the initiation of reorganization proceedings of its subsidiary AS Tallinna Moekombinaat by the ruling of the Harju County Court issued on 3 April 2020. In connection with the reorganization proceedings of AS Tallinna…

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Baltic Horizon Fund General Meeting – notice to investors

06.05.2020
baltic horizon fund

Northern Horizon Capital AS invites Baltic Horizon Fund unit-holders to attend an annual General Meeting on 26 May 2020 at 15:00 (EET, local Estonian time) at the office of Northern Horizon Capital AS at Tornimäe 2, 24th floor, 10145 Tallinn,…

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Notice of Calling the Annual General Meeting of AS Pro Kapital Grupp Shareholders

05.05.2020
prokapital

Dear shareholder of AS Pro Kapital Grupp, We announce that the Management Board is calling for the annual general meeting of AS Pro Kapital Grupp (registration code 10278802, located at Sõjakooli 11 Tallinn Republic of Estonia) (hereinafter the Company) shareholders…

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Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 1.70 million to investors

24.04.2020
baltic horizon fund

Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 1.12% of the Fund’s Q1 2020 weighted average net asset value to its unitholders. This equals to approx. EUR 1.70…

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Estonian Real Estate Market review, March 2020

22.04.2020
uus maa

The overview of real estate market in March cannot escape the topic of coronavirus COVID-19 outbreak which started to influence the market considerably from the second half of the month. Estonian Real Estate Market in March 2020 As the majority of transactions…

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Swedbank: Weaker economic activity lowers inflation

08.04.2020
swedbank

• Annual inflation reached 0.9% in March in Estonia. • In 2020, we expect inflation to amount to 0.8%, or even 0.4%, if we include lower excise taxes proposed by the government. Compared to February, consumer prices declined by 0.7%.…

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Pro Kapital: Harju County Court initiated reorganisation proceedings of AS Tallinna Moekombinaat

03.04.2020
prokapital

On 31 March 2020 the owner and operator of T1 Mall of Tallinn shopping centre, AS Tallinna Moekombinaat (TMK, a group subsidiary of AS Pro Kapital Grupp), submitted an application to Harju County Court for commencement of reorganisation proceedings with…

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Baltic Horizon Fund offers relief measures to its SME tenants most affected by the COVID-19 pandemic

27.03.2020
baltic horizon fund

Northern Horizon Capital AS, the management company of Baltic Horizon Fund, will be implementing a number of relief initiatives focused on alleviating the financial hardship of the most vulnerable group of SME tenants, primarily in the retail sector, whose operations…

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Baltic Horizon Fund: Update on COVID-19

23.03.2020
baltic horizon fund

In response to COVID-19 outbreak, Northern Horizon Capital AS, the management company of Baltic Horizon Fund (the Fund) has taken assertive action to manage the risks arising from the pandemic and to protect the health and safety of the public,…

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Swedbank: Wage growth should ease in 2020

03.03.2020
swedbank

Wage growth remained relatively rapid and broad-based in the fourth quarter. Statistics Estonia’s wage data showed a slowdown in the annual growth rate of the full-time-equivalent average gross wage (+6.4%, over the year) in Q4 2019, mostly due to a…

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Swedbank: Last year’s economic growth surprised on the upside

28.02.2020
swedbank

In 2019, Estonian GDP growth was 4.3% y/y in real terms and 7.7% y/y in nominal terms. Although, the growth slowed from previous year, it was still strong and exceeded our expectations – our forecast, published in January, was 3.7%.…

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Comment on signing of the Memorandum of Understanding for the development of conference and concert centre with passenger port in Tallinn

28.02.2020
Tallinna sadam 1

According to the exchange release of Tallink Grupp published today and the information disclosed at their joint press conference (https://www.youtube.com/watch?v=nSyXyWUV9nU&feature=youtu.be), Tallink Group, Infortar and the City of Tallinn signed today a memorandum of understanding to develop the city owned architectural…

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Pro Kapital gives notice of early redemption of bonds with ISIN SE0006504379

21.02.2020
prokapital

On 19 February 2020, it was announced that AS Pro Kapital Grupp (”Pro Kapital” or the ”Company”) had resolved to issue new senior secured, callable, fixed rate bonds 2020/2024 and that the issue proceeds would be applied for a full early…

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Pro Kapital: Conclusion of construction contract of Ratsuri houses

13.02.2020
prokapital

On 11.02.2020, AS Pro Kapital Grupp group company OÜ Marsi Elu and OÜ Vanalinna Ehitus have concluded a contract for the re-construction of a stables building and additional construction of a new adjacent building as well as a semi-underground parking…

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