AS Pro Kapital Grupp obtains bondholders’ approval in the written procedure under its senior secured bonds 2020/2024 On 22 December 2023, AS Pro Kapital Grupp (hereinafter referred to as the Company) announced that it had instructed Nordic Trustee & Agency…
A repeat extraordinary General Meeting of Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) took place on 21 December 2023 in Tallinn, Estonia. The repeat meeting was convened as the required quorum…
Hepsor P113 OÜ, an affiliate of Hepsor AS with a 45% shareholding, terminated the lease agreement with Novel Clinic Assets OÜ. Hepsor P113 OÜ owns a commercial building with a leasable area of ca 4,000 m2 in Tallinn, at Pärnu…
Extraordinary General Meeting (hereinafter the “General Meeting”) of Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) took place on 6 December 2023 in Tallinn, Estonia. Proposed agenda of the meeting was the…
In Q3 2023, Estonia’s GDP dropped 3.9% y/y (non-adjusted) and 1.3% q/q (swda) in real terms, according to Statistics Estonia. In nominal terms, GDP growth slowed to only 1.2% y/y. Statistics Estonia substantially revised down (by 1.5 pp) its 3Q…
Nordecon AS (the “Company”) (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) extraordinary general meeting of shareholders was held on 29 November 2023 at 10.00 a.m. in the conference centre of Radisson Blu Hotel Olümpia, room Sigma (Liivalaia 33, 10118…
The main business activity of Trigon Property Development AS is real estate development. As at 30.09.2023, AS Trigon Property Development owned one development project with an area of 12.8 hectares in the City of Pärnu, Estonia. A commercial, industrial and…
In November 2023 entered into force the additional works agreement signed between AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Arter Kinnisvara OÜ, part of AS Kapitel group, supplementing the Arter quarter construction contract. According to the…
AS Pro Kapital Grupp (hereinafter referred to as the Company) has issued 285 secured bonds with ISIN SE0012801172 in the total value of 28 500 000 euros. The bonds bear 8% interest and their redemption date is 20 February 2024.…
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…
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…
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…
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.…
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…
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…
