Uudiste arhiiv

 

Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 1.32 million 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 approx. 0.98% of the Fund’s Q2 2021 weighted average net asset value to its unitholders. This equals approx. EUR 1.32

Swedbank: Estonian economy recovered from the recession faster than expected

Swedbank

Economy grew by 5.4% annually (non-adjusted) and 4.8% quarterly (seasonally and working day adjusted) in Q1. The result exceeded our expectations and was the strongest among European countries (according to the numbers published so far). The restrictions continued to affect

Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 1.32 million 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 approx. 0.96% of the Fund’s Q1 2021 weighted average net asset value to its unitholders. This equals approx. EUR 1.32 million

Swedbank: The Estonian economy is recovering from the crisis

In 2020, Estonian GDP fell by 2.9% in real terms and 3.4% in nominal terms. The result was close to our expectations – our forecast, published in January, was -2.7%. In addition, GDP results for the first three quarters were

Swedbank: The Estonian economy is recovering from the crisis

Swedbank

In 2020, Estonian GDP fell by 2.9% in real terms and 3.4% in nominal terms. The result was close to our expectations – our forecast, published in January, was -2.7%. In addition, GDP results for the first three quarters were

EfTEN Real Estate Fund III AS unaudited consolidated interim accounts for the 4th quarter and 12 months of 2020

EfTEN Real Estate Fund

Comment of the fund manager The main economic event of 2020 was not an economic event – unexpected arrival and spread of coronavirus. The virus wave that reached the Baltics in February 2020, closed the economy and put a significant

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

Baltic Horizon

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

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,

Swedbank: Deflation continued in September

Swedbank

• Deflation amounted to 1.1% in Estonia in September, over the year.  • We expect prices to decline by 0.4% in 2020.  In September, the fall in consumer prices deepened from 0.9% in August to 1.1% in September. Food prices increased

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

Swedbank: Situation in the labour market has deteriorated in Estonia

Swedbank

 The unemployment rate increased moderately in the second quarter but has been stable since then. We expect the unemployment rate to reach around 8% this year and then decrease again next year.  According to Statistics Estonia, employment fell by 3.6%

The steep decline in taxes contracted Estonian GDP in the first quarter

Swedbank

In Estonia, GDP contracted 0.7% yoy (non-adjusted) and 3.7% qoq (seasonally and working day adjusted) in 1Q The steep fall in VAT and excise taxes contributed negatively, while the gross value added increased 2% yoy.  There were more economic activities

Estonian Real Estate Market review, April 2020

Uus Maa

If the market overview of March already mentioned the impact of the emergency situation in the second half of the month, the statistics of April transactions was fully impacted by it. However, in the last week of the month, increased

Swedbank: The unemployment rate should peak this autumn

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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