Uudiste arhiiv

 

Swedbank: The global economy in the fog of war

Swedbank

The global economy has been struck by a fresh shock. In addition to the drag from higher tariffs and elevated uncertainty during the past year, the outbreak of the war in the Middle East adds strain on economies. Downside risks…

Merko: Launch of the Pētersala residential project (Riga, Latvia)

260408 Petersala korteriarendusprojekti kaivitamine Riia Lati 2 scaled

SIA Merko Mājas, part of the AS Merko Ehitus group, has launched the residential development project in Riga’s prestigious and Quiet Centre at Pētersalas street 3 and 5 in Riga. The architectural ensemble of four elegant buildings will comprise a…

Merko: Audited annual report 2025

Merko

AS Merko Ehitus consolidated audited financial results for 2025 remain unchanged compared to the preliminary disclosure on 5 February 2026. STATEMENT OF THE CHAIRMAN OF THE MANAGEMENT BOARD Dear shareholders and readers, We have left behind another rather uncertain year,…

Merko: 2025 12 months and IV quarter consolidated unaudited interim report

Merko

COMMENTARY FROM MANAGEMENT In the fourth quarter of 2025, Merko Ehitus generated revenue of EUR 69 million and net profit of EUR 3.2 million; for the full year, revenue was EUR 311 million and net profit EUR 39.9 million. In…

Kadri Koplimäe returns as Chief Financial Officer of Endover

Endover

As of 1 February 2026, Kadri Koplimäe will return to the position of Chief Financial Officer of Endover OÜ, taking over the role from Tiina Malm, who joined the company last year. According to Endover’s CEO Roul Tutt, the decision…

SIA Hepsor E18, a subsidiary of Hepsor AS Group, enters into a construction contract for the residential development project “Ķiršu kalna mājas” in Riga

Hepsor

SIA Hepsor E18, a subsidiary of Hepsor AS Group, and construction company Mitt & Perlebach signed a contract on 30 December 2025 for the construction of the residential development project “Ķiršu kalna mājas” in the Dzirciems neighbourhood of Riga. The…

Merko: Construction contract in Estonia (office building in Tallinn)

Merko

On 28 November 2025, AS Merko Ehitus Eesti, part of the AS Merko Ehitus group, and Mainor Ülemiste AS signed a design and construction agreement for the construction of an office building at Lõõtsa 1 B/C in Tallinn. The contract…

Merko: Launch of the Leedri apartment development project

Merko

OÜ Merko Kodud, part of the AS Merko Ehitus group, has decided to launch the first phase of the Leedri development project in Tartu municipality. The entire development project includes the construction of 144 apartments in six apartment buildings. As…

Merko: 2025 9 months and III quarter consolidated unaudited interim report

Merko

COMMENTARY FROM MANAGEMENT Merko Ehitus generated revenue of EUR 74 million in the third quarter of 2025 and EUR 242 million in the first 9 months of the year. Net profit for Q3 amounted to EUR 15.0 million, while net…

Summus Capital acquires one of the newest and most successful shopping centres in Southern Poland

Summus Capital

Summus Capital, one of the leading real estate investment holding groups in the Baltics, acquires a real estate property in the Polish market. The Libero Katowice shopping centre, which will be added to the company’s portfolio, was acquired at a…

Arco Vara: Christian Petrov Appointed as the Head of Arco Vara’s Bulgarian Operations

arco vara

Following the departure of Arco Vara Bulgaria’s former Managing Director, Daniel Yordanov, Arco Vara AS has appointed Christian Petrov as the new head of its Bulgarian subsidiaries. The main responsibility of the new manager is to ensure the smooth continuation…

Merko: Start of the construction of the second stage of Arena Garden Towers residential project (Riga, Latvia)

Merko

SIA Merko mājas, part of AS Merko Ehitus group, has launched the second stage of Arena Garden Towers residential project in Skanste district in Riga. One 13-storey building with 80 apartments at Arēna St.3 will be completed in the beginning…

Hepsor AS Group company Hepsor Jugla SIA signed a construction contract for the Zaļā Jugla residential development project

Hepsor

On September 15, 2025, Hepsor Jugla SIA, a company belonging to the Hepsor AS Group, and construction company Mitt&Perlebach SIA signed a construction contract, with a total value of 8.2 million euros (excluding VAT). The contract was signed for the…

Merko: Launch of the third stage of Mežpilsēta residential project (Riga, Latvia)

250916 Mezpilseta elamuprojekti kolmanda etapi kaivitamine Riia Lati scaled

SIA Merko mājas, part of AS Merko Ehitus group, has launched the third stage of Mežpilsēta residential project in Mežciems area in Riga. A six-storey building with 53 apartments at Hipokrāta St. 16 is set to be completed at the…

Scope Ratings Affirms Summus Capital OÜ’s Issuer Rating at BB/Stable

Summus Capital

Scope Ratings GmbH has affirmed its BB/Stable issuer rating for Summus Capital OÜ and maintained the senior unsecured debt rating of BB. The affirmation by Scope reflects Summus’ solid operating performance and successful expansion into Poland. Summus Capital’s balanced, high-quality…