Uudiste arhiiv

Merko: Lahekalda apartments development project next phase construction (Tallinn, Estonia)

28.05.2025 Adaur.ee

OÜ Merko Kodud, part of the AS Merko Ehitus group, has decided to proceed with the construction of the above-ground volumes of next phase of the Lahekalda apartment development project located on the Maarjamäe limestone clint in Tallinn. Within the…

Hepsor: Changes in the management of Hepsor AS

28.05.2025 Adaur.ee

The Supervisory Board of Hepsor AS has elected Martti Krass, the current Latvian Country Manager, as a new member of the Management Board of Hepsor AS (hereinafter Hepsor), who will take office on 1 August 2025 with a five-year mandate.…

Nordecon: 2025 first quarter consolidated interim report (unaudited)

08.05.2025 Adaur.ee

Macroeconomic indicators give reason to believe that the decline in the Estonian construction market has halted and that the market is stabilizing. The Infrastructure segment is also supported this year by the volume of work related to Rail Baltica, while…

Merko: Start of construction of the fourth stage of the Vilneles Skverai residential project (Vilnius, Lithuania)

22.04.2025 Adaur.ee

UAB Merko Būstas, part of AS Merko Ehitus group, has launched the fourth stage of the Vilneles Skverai residential project located on the outskirts of the Old Town of Vilnius. The new stage includes in total of six apartment buildings…

Merko: Launch of a new residential development project Allveelaeva 2 in Noblessner seafront quarter (Tallinn, Estonia)

04.03.2025 Tõnu Toompark

Kodusadam OÜ, a joint venture of OÜ Merko Kodud and AS BLRT Grupp, has decided to launch a real estate development project at Allveelaeva 2 (merko.ee/allveelaeva) in the Noblessner harbour district. The apartment building with 83 apartments and 6 commercial…

ECB preview – A cut this week will be followed by little forward guidance

03.03.2025 Tõnu Toompark

Inflation eased to 2.4% in February, while overall economic growth remained weak. The ECB is likely to provide little forward guidance and reiterate data dependence. In February, headline inflation declined to 2.4% while core inflation eased to 2.6%, the lowest…

Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for Q1-Q4 2024

18.02.2025 Tõnu Toompark

Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the twelve months of 2024. Our strategic ambitions In 2024, the Fund’s management team made the strategic decision to implement key…

Merko: 2024 12 months and IV quarter consolidated unaudited interim report

07.02.2025 Tõnu Toompark

COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of EUR 160.4 million and net profit of EUR 19.9 million in Q4 of 2024. The respective figures for the entire year 2024 were EUR 539 million and EUR 64.7 million. Approximately 90%…

Merko: Launch of Šnipiškiu Urban residential project (Vilnius, Lithuania)

14.01.2025 Tõnu Toompark

Merko Bustas, part of AS Merko Ehitus group, has launched the Šnipiškiu Urban residential development project in Vilnius. The development project comprises a total of 229 apartments in six buildings and an underground parking connecting them. Merko has started the…

Infortar: The subsidiary of Aktsiaselts Infortar is starting a new development project in Lasnamäe

17.12.2024 Tõnu Toompark

The subsidiary of Aktsiaselts Infortar, INF Mustakivi OÜ, along with OÜ T-Bumani and Depo DIY EE OÜ, signed a construction agreement and a property lease agreement for the development of a Depo (DIY Store) in Lasnamäe. As part of the…

Merko: 2024 9 months and III quarter consolidated unaudited interim report

07.11.2024 Tõnu Toompark

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 9 months of 2024 was EUR 379 million and net profit was EUR 44.8 million. Third-quarter revenue was EUR 175 million; net profit EUR 27.3 million. Sales of construction services made up…

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

05.11.2024 Tõnu Toompark

SIA Merks Mājas, part of AS Merko Ehitus group, has launched the first stage of Arena Garden Towers residential project in Skanste district in Riga. One 13-storey building with 84 apartments at Arēna St. 1 will be completed in the…

Swedbank: Estonian economy: still weak, but it is improving gradually

01.11.2024 Tõnu Toompark

In Q3 2024, Estonian GDP dropped 0.7% y/y in real terms, while it increased 0.1% q/q (seasonally and working day adjusted – swda), according to the flash estimate of Statistics Estonia. The estimate met our expectations. Estonia has left economic…

Coop Pank: Keilas pandi nurgakivi Harjumaa lääneosa suurimale kaubandus- ja meelelahutuskeskusele

20.09.2024 Tõnu Toompark

Harjumaa lähikümnendi suurima kinnisvaraarenduse KEKE Kvartali peaehitis, Keila Keskus sai täna nurgakivi. Piirkonna suurim kaubandus-, meelelahutus- ja kogukonnakeskus avatakse 2026. aasta alguses ning on loodud eesmärgiga kujuneda kogu Harjumaa lääneosa elanike peamiseks vaba aja veetmise sihtkohaks. Paldiski maanteele, Tervisekeskuse ja…

Baltic Horizon Fund publishes its 2023 Annual ESG report

01.07.2024 Tõnu Toompark

Baltic Horizon Fund today announces the release of its fifth annual ESG report. Tarmo Karotam, Fund Manager for Baltic Horizon Fund, commented: “We are very pleased to present our new ESG report covering the fund’s operations for 2023. Environmental, social,…

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