Uudiste arhiiv

Arco Vara: Opinion of the supervisory board of Arco Vara AS regarding the mandatory takeover bid

15.03.2021 Tõnu Toompark

This opinion of the supervisory board of Arco Vara AS (“Arco Vara”) has been formulated on 15 March 2021 conforming to clause 171 of the Securities Market Act and clause 21 of the Minister of Finance’s 28.05.2002 regulation no. 71…

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Audited Annual Report 2019 of EfTEN Real Estate Fund III AS

05.03.2021 Tõnu Toompark

The management board of EfTEN Real Estate Fund III AS sent to the Supervisory Board for approval the 2020 audited annual report of EfTEN Real Estate Fund III AS. Financial results remained unchanged compared to the preliminary financial results published…

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Baltic Horizon Fund Consolidated Unaudited Results for Q4 2020

16.02.2021 Tõnu Toompark

Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2020. Impact of COVID-19 pandemic At the beginning of 2020, a new coronavirus (COVID-19)…

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Nordecon: 2020 IV quarter and 12 months consolidated interim report (unaudited)

11.02.2021 Tõnu Toompark

Nordecon’s sales revenue increased by approximately 26% in 2020 compared to the previous year, and this is the largest turnover of the Nordecon Group ever. The volume growth was based on contracts concluded in record volumes in 2019. The construction…

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2020 12 months and IV quarter consolidated unaudited interim report

11.02.2021 Tõnu Toompark

COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of approximately EUR 106 million for the fourth quarter of 2020, while total revenue for the whole year was EUR 316 million. The group’s fourth quarter 2020 net profit was EUR 10 million…

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Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 1.32 million to investors

05.02.2021 Tõnu Toompark

Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 0.93% of the Fund’s Q4 2020 weighted average net asset value to its unitholders. This equals to approx. EUR 1.32…

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OÜ Marsi Elu, a subsidiary of AS Pro Kapital Grupp, has signed a contract for the construction of Kindrali Houses

04.02.2021 Tõnu Toompark

On 3 February 2021, OÜ Marsi Elu, a company belonging to the AS Pro Kapital Grupp group, and Oma Ehitaja AS signed a contract for the construction of three five-storey building complexes (hereinafter Kindrali Houses) located in Kristiine City, in Tondi.…

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Merko Ehitus: Launch of a new residential development project in Noblessner seafront quarter

19.01.2021 Tõnu Toompark

Kodusadam OÜ, a joint venture of AS Merko Ehitus Eesti and AS BLRT Grupp, has decided to launch a new real estate development project (merko.ee/vesilennuki) in Noblessner seafront quarter, which comprises in total of five residential buildings with 161 apartments…

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Change in the Supervisory Board of Arco Vara

13.01.2021 Tõnu Toompark

Rait Riim, a member of the Supervisory Board of Arco Vara AS, submitted his resignation in connection with the sale of the Arco Vara’s shares from LHV Pension Funds on 11 January 2021. Rait Riim is a real estate investment…

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Merko Ehitus: Launch of the Nõmme 328 residential project

12.01.2021 Tõnu Toompark

AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the Nõmme 328 residential development project in Tallinn. The building with 38 apartments and 6 commercial spaces will be completed in summer of 2022. The Nõmme…

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Margus Nõlvak resigns from the Management Board of Mainor Ülemiste AS

07.01.2021 Tõnu Toompark

Mainor Ülemiste AS announces that the Chairman of the Management Board Margus Nõlvak will resign on his own initiative on 11 February 2021. The Board will initially continue with two members – Ursel Velve and Rein Suurväli. Mainor Ülemiste is a subsidiary of Mainor AS, whose principal…

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Prolongation of term of office for the chairman of the management board of Nordecon AS

04.01.2021 Tõnu Toompark

Due to the expiry of the term of office for the chairman of the board Mr. Gerd Müller on 07 January 2021 the council of Nordecon AS decided to prolong the term of office for Mr Gerd Müller for the…

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Prolongation of term of office for the chairman of the management board of Nordecon AS

30.12.2020 Tõnu Toompark

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

22.12.2020 Tõnu Toompark

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…

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Results of the subscription for nonconvertible bond offering

14.12.2020 Tõnu Toompark

AS Pro Kapital Grupp (hereinafter Pro Kapital) informs that the third subscription period of the private placement of nonconvertible bonds (hereinafter the “Bonds”), which was announced on 22 May 2020, has ended on 13 December 2020. The Management Board has…

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