Uudiste arhiiv

 

Pro Kapital: Changes in Management and Supervisory Boards of subsidiaries of AS Pro Kapital Grupp

29.04.2022
Pro Kapital

AS Pro Kapital Grupp (Pro Kapital) announces that at the end of April 2022 the terms of office of Paolo Michelozzi, Member of the Management Board and Supervisory Board of the Group’s subsidiaries, and Olga Rudzika, Member of the Management…

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Swedbank: Inflation reached new highs in Estonia in March

07.04.2022
Swedbank

Prices rose by 15.2% year-on-year and 2.7% month-on-month in March. Prices were lifted by more expensive energy and food. Inflation was previously as rapid in the 1990s, during the first years of Estonia’s re-independence. Food prices rose by 13.8%, in…

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Merko Ehitus: Audited annual report 2021

07.04.2022
Merko Ehitus

AS Merko Ehitus consolidated audited financial results for 2021 remain unchanged compared to the preliminary disclosure on 10 February 2022. STATEMENT OF THE CHAIRMAN OF THE MANAGEMENT BOARD 2021 was a successful year for Merko. We fulfilled the group’s financial…

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Hepsor: Hepsor Marupe SIA, Hepsor AS group company, signs construction agreement for the construction of 92 apartments in Latvia

05.04.2022
Hepsor

Hepsor Marupe SIA, Hepsor AS group company, and SIA Mitt&Perlebach signed a construction agreement for the construction of Marupe Darzs development project in Marupe, Riga area, on 5 April 2022. The value of construction agreement is approximately 8.3 million euros…

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Swedbank: Rapid price growth to continue in Estonia

08.03.2022
Swedbank

In February consumer prices rose by 12.0%, year-on-year, and 1.5%, month-on-month. Prices were lifted mainly by energy and food, although the increase in consumer prices is becoming more widespread, as rising production costs and supply disruptions are affecting a large…

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Merko Ehitus: Construction contract in Estonia (Liivalaia quarter in Tallinn)

21.02.2022
Merko Ehitus

On 18 February 2022, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Tiigiveski Arendus, part of AS Kapitel group, have entered into a contract to perform above-grade construction works of Liivalaia quarter, renamed Arter quarter at…

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Swedbank: Labour market is tightening in Estonia

17.02.2022
Swedbank

Labor shortages are severe, especially in construction. Wage growth will accelerate this year. The net salary of Swedbank’s customers has increased by 8 percent year-on-year in recent months. The unemployment rate fell from 5.7% in the third quarter to 5.2%…

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Baltic Horizon: Baltic Horizon Fund Consolidated Unaudited Interim Results for Q4 2021

16.02.2022
Baltic Horizon Fund

Management Board of Northern Horizon Capital AS (the Management Company) has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2021. G4S office building disposal On 8 November 2021, Baltic Horizon…

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Merko Ehitus: 2021 12 months and IV quarter consolidated unaudited interim report

10.02.2022
Merko Ehitus

COMMENTARY FROM MANAGEMENT Fourth-quarter revenue for Merko Ehitus was EUR 112.8 million and net profit for the same period was EUR 13.9 million. The revenue for the 12 months of 2021 grew by 7% compared to the previous year to…

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Nordecon: 2021 IV quarter and 12 months consolidated interim report (unaudited)

10.02.2022
Nordecon

The key words for 2021 are the rapid recovery of the construction market volumes that fell in 2020 and the sharp rise in input prices, which put strong pressure on the cost of previously concluded long-term construction contracts. The whole…

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Swedbank: Food prices jumped in Estonia

08.02.2022
Swedbank

Consumer prices rose by 11.3% in a year and -0.1% in a month in Estonia. Although electricity and gas prices fell compared to December, food prices rose significantly. Food prices showed such a rapid month-on-month growth rate previously 15 years…

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Hepsor: Kvarta SIA, subsidiary of Hepsor AS in Latvia, signs 7.5 m€ loan agreement to finance the construction of development project

02.02.2022
Hepsor

Hepsor U30 SIA, a subsidiary of Hepsor AS in Latvia, signed 7.5 million euro loan agreement with Bigbank AS Latvian affiliate on 1 February 2022. The purpose of the three-year loan is to finance the construction of Kuldigas Parks project…

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Swedbank: Economy Heat Index: the temperature is just right

27.01.2022
Swedbank

2021 was a good year for the Baltic economies – GDP grew rapidly, domestic demand recovered, and the labour market followed. Economic temperature ticked up in all three Baltic states and is already approaching the long-run average. Heat is building…

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Swedbank: Inflation super rapid in December in Estonia

10.01.2022
Swedbank

Prices increased by 12.2%, over the year, in December. Inflation reached 12% last time in the 1990s. More than half of the price increase came from higher energy prices, mainly electricity. The rise in consumer prices is expected to accelerate…

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Pro Kapital: The Supervisory Council of AS Pro Kapital Grupp has appointed a new CEO

30.12.2021
Pro Kapital

AS Pro Kapital Grupp (Pro Kapital) informs that on 31 December 2021 the term of office ends for two current Members of the Board – Paolo Michelozzi and Edoardo Preatoni. From 1 January 2022 Paolo Michelozzi is stepping down as…

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