Uudiste arhiiv


Nordecon: Reorganisation of infrastructure construction segment management


Due to the decrease in public sector investments and changes in funding priorities of infrastructure construction sector, Nordecon AS is reorganising the business activities of the road construction segment in the Group, bringing it under the unified management of the

Swedbank: Baltic HAI – The likely end of boom years


The housing affordability index (HAI) slipped as abnormal price growth gained momentum. Falling affordability and purchasing power, as well as bleak expectations, are likely to curb demand and stifle price growth. The record-high housing affordability that we have seen over

Hepsor: Subsidiary of Hepsor AS acquired property at Nõmme tee 57, Tallinn


Hepsor N57 OÜ, a subsidiary of Hepsor AS, acquired a property at Nõmme tee 57, Tallinn on 19 August 2022. The construction of the development project located in peaceful and green Kristiine administrative district will begin already in the fourth

Pro Kapital: Notice of redemption of convertible bonds PKG4

Pro Kapital

AS Pro Kapital Grupp informs that it is redeeming 27 999 “EEK 7.00 PRO KAPITAL GRUPP CONV. BOND PKG4 10-2020” convertible bonds (with ISIN EE3300109248) in total nominal value of 279 990 Estonian kroons and issue value of 78 397.20

EfTEN: EfTEN Real Estate Fund III AS and EfTEN Kinnisvarafond AS concluded a merger agreement


Today, 19.09.2022, EfTEN Real Estate Fund III AS as an acquiring fund and EfTEN Kinnisvarafond AS as a fund being acquired concluded on the basis of the respective resolutions of the supervisory board a merger agreement with the aim of

Trigon Property Development: Unaudited financial report for the second quarter and 6 months of 2022 and notice of calling the extraordinary general meeting of shareholders of AS Trigon Property Development

Trigon Property Development

Unaudited financial report for the second quarter and 6 months of 2022 The main business activity of Trigon Property Development AS is real estate development. As at 30.06.2022, AS Trigon Property Development owned one development project with an area of

Swedbank: Estonia: GDP growth outlook deteriorated faster than expected in Q2


GDP expanded only 0.6% y/y (non-adjusted), but contracted 1.3% q/q (swda) in Q2, in real terms GDP nominal growth was still strong at 17.8% y/y. The largest positive contribution to the GDP growth came from ICT sector and professional services,

Nordecon: Construction contract (Extension works of storage facilities)


Nordecon AS and Centre of Defence Investments entered into a contract for the design and construction of storage facilities extension in Harju County. The value of the contract is 17.7 million euros plus value added tax and the works will

Merko Ehitus: Construction contract in Estonia (maintenance and repair of roads in Tallinn City)


On 31 August 2022, Tallinna Teede AS, part of AS Merko Ehitus group, and Tallinn Urban Environment and Public Works Department entered into a framework agreement covering the performance of maintenance repairs of roads, facilities necessary for the functioning of

Swedbank: Prices grew two times faster than wages

Although average wage growth accelerated to 10.1% in the second quarter, it comforts consumers little when inflation was 20.2%. The average wage rose rapidly in all economic sectors. Wages grew the most in accommodation and catering (+18.6%, over the year),

Baltic Horizon Fund: planned offering of SDRs to Swedish Investors

Baltic Horizon Fund

Northern Horizon Capital AS announces the plan for public offering of Swedish depository receipts (the „SDRs“). The offering of SDRs is intended to be directed to the unitholders holding the units of Baltic Horizon Fund (the „Units“) trading on Nasdaq

Merko: reconstruction of Vana-Kalamaja street in Tallinn


Public Works Department and AS Tallinna Vesi as co-financer entered into a contract to perform reconstruction works of Vana-Kalamaja street in Tallinn. The works include renewal of the road surface and underground communications. The 1.2-kilometre section under reconstruction starts at

Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for II Quarter and 6 Months of 2022 (Unaudited)

Pro Kapital

MANAGEMENT REPORT CEO summary The second quarter of 2022 continued the trend we have seen in Q1, with a strong demand for real estate assets in the Baltic countries (particularly Estonia and Lithuania). Our available inventory is mainly sold, but

Swedbank: Labour market still strong in the second quarter


In the second quarter, the situation in the labor market was still good in Estonia. Employment was high and unemployment low. According to Statistics Estonia, in the second quarter, the unemployment rate was 5.8% and the number of the employed

Nordecon: Construction contract (Windfarm construction works in Saarde)


AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE), Connecto Eesti AS and Verston Ehitus OÜ as joint bidders entered into contract with Tuulepealne Maa OÜ, an Utilitas energy group company for construction of a windfarm in Saarde, Estonia.

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