The economy heat index (EHI) rose rapidly over 2022. Rapid post-pandemic recovery and economic stimulus led to a strong growth in demand and a labour market recovery. Meanwhile, war-induced disruptions and energy shock adversely affected the supply side. Strong demand,…
NOBE (corporate name Nordecon Betoon OÜ), a Nordecon group company, and Verston OÜ as joint bidders entered into a general contract with Tootsi Windpark OÜ and Enefit Wind Purtse AS, Enefit Green group companies for the design and construction of…
In December, inflation was still rapid, but on a downward trend, in Estonia. Inflation decelerated to 17.6%, over the year, and declined by 0.1%, over the month. Price growth is slowing due to a decline in energy prices brought by…
AS Nordecon group company Embach Ehitus OÜ and Riigi Kinnisvara Aktsiaselts (State Real Estate Ltd) signed a contract for the construction of the Viljandi Rescue Station building located at Metsküla road 1, Viljandi. The cost of the contract with reserve…
In connection with the expiry of the term of office of Arco Vara AS’s Management Board member Miko-Ove Niinemäe on 30 April 2023, the Supervisory Board of Arco Vara AS has decided to extend the term of office of Miko-Ove…
AS Nordecon kontserni ettevõte Tariston AS ja OÜ Rail Baltic Estonia sõlmisid töövõtulepingu Tagadi ökodukti rajamiseks Rail Baltica trassile Harju maakonnas. Lepingu maksumus on 5,3 miljonit eurot, millele lisandub käibemaks. Tööde valmimise tähtaeg on 2024.a september. Nordeconi kontsern (www.nordecon.com) hõlmab…
AS Nordecon group company Tariston AS and OÜ Rail Baltic Estonia signed a contract for the construction of the Tagadi ecoduct on the Rail Baltica route in Harju county. The cost of the contract is 5.3 million euros plus value…
On December 5, 2022, the Financial Supervision Authority gave permission for the merger of EfTEN Kinnisvarafond AS with EfTEN Real Estate Fund III AS. EfTEN Real Estate Fund III AS as an acquiring fund and EfTEN Kinnisvarafond AS as a…
At the start of 2023, the current head of development of Arco Vara AS Tiit Nõu is leaving his position. The tasks of the head of development are redistributed to other positions in the course of restructuring. The tasks of…
AS Pro Kapital Grupp informs that it is redeeming 24 500 “EEK 7.00 PRO KAPITAL GRUPP CONV. BOND PKG5 10-2020” convertible bonds (with ISINEE3300109917) in total nominal value of 245 000 Estonian kroons and issue value of 68 600 euros…
Arco Vara AS informs that the list of shareholders who are entitled to dividends shall be fixed on 8th of December 2022, as at the end of the working day of Nasdaq CSD Estonian Settlement System, and therefore the dividend…
In Estonia, GDP fell more than expected in the third quarter. GDP declined by 1.8% over the previous quarter and 2.3% over the year. In nominal terms, GDP increased notably, by 13.9% in a year, marking very high price increases.…
The Management Board of EfTEN Real Estate Fund III AS (registry code 12864036; seat Tallinn, A. Lauteri 5) calls the extraordinary general meeting of shareholders on 15 December 2022 at 10:00. Venue of the general meeting: Radisson Collection Hotel second floor conference centre…
Northern Horizon Capital AS is planning a sustainability-linked bond programme of Baltic Horizon Fund in a total amount of up to 50 million euros to be issued in one or several series over the next 12 months. The offering of…
Hepsor AS has started the process of establishing a subsidiary in Canada. A new entity recently founded in Estonia will hold a share in the Canadian subsidiary of Hepsor. The purpose of establishing a subsidiary in Canada is to enter…
