Uudiste arhiiv

 

Swedbank: Estonia’s updated 3Q GDP indicates a worse-than-expected outlook

01.12.2023
Swedbank

In Q3 2023, Estonia’s GDP dropped 3.9% y/y (non-adjusted) and 1.3% q/q (swda) in real terms, according to Statistics Estonia. In nominal terms, GDP growth slowed to only 1.2% y/y. Statistics Estonia substantially revised down (by 1.5 pp) its 3Q…

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Nordecon: Decision of the extraordinary general meeting of shareholders

29.11.2023
Nordecon

Nordecon AS (the “Company”) (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) extraordinary general meeting of shareholders was held on 29 November 2023 at 10.00 a.m. in the conference centre of Radisson Blu Hotel Olümpia, room Sigma (Liivalaia 33, 10118…

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Trigon Property Development: Unaudited financial report for the third quarter and 9 months of 2023

29.11.2023
Trigon Property Development

The main business activity of Trigon Property Development AS is real estate development. As at 30.09.2023, AS Trigon Property Development owned one development project with an area of 12.8 hectares in the City of Pärnu, Estonia. A commercial, industrial and…

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Merko: Construction contract in Estonia (Arter quarter rental premises)

28.11.2023
Merko

In November 2023 entered into force the additional works agreement signed between AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Arter Kinnisvara OÜ, part of AS Kapitel group, supplementing the Arter quarter construction contract. According to the…

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Merko: Merko Ehitus kontsernis ja Merko Ehitus Eestis vahetuvad juhatuse esimehed

23.11.2023
Merko

Alates 1. jaanuarist 2024 asub Andres Trinki asemel Merko Ehitus kontserni juhatuse esimehe ametisse Merko Ehitus Eesti tänane juhatuse esimees Ivo Volkov. Kontserni juhatuse liikmetena jätkavad Tõnu Toomik ja Urmas Somelar. Merko Ehitus Eesti juhatuse esimehena alustab 1. jaanuarist tänane…

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Merko: Construction contract in Estonia (Rail Baltica road viaducts in Harjumaa)

16.11.2023
Merko

On 16 November 2023, Tallinna Teede AS, part of AS Merko Ehitus group, and Estonian Transport Administration entered into a contract to perform construction works of two Rail Baltica road viaducts in Harjumaa. The contract includes the construction of the…

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Swedbank: Labour market has weakened in Estonia

16.11.2023
Swedbank

After a long but mild GDP contraction (-4.3% from the peak so far), more cracks appear in the labour market. Employment decreased and unemployment increased, as expected, in the third quarter. Demand for labour has decreased, and the number of…

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Swedbank: Low growth and few policy options

15.11.2023
Swedbank

Inflation is heading down and getting closer to levels in line with inflation targets. Central banks’ policy rates are at peak levels, and the higher-for-longer mantra will soon be replaced with monetary easing. Nevertheless, monetary policy will remain restrictive in…

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Baltic Horizon: Baltic Horizon Fund General Meeting – notice to investors

15.11.2023
Baltic Horizon Fund

Northern Horizon Capital AS invites Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) to attend an extraordinary General Meeting (hereinafter the “General Meeting”) of Baltic Horizon Fund on 6 December 2023 at…

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Nordecon: CEO of Nordecon AS not to continue on his position after expiry of the Contract of Service on 7 January 2024

08.11.2023
Nordecon

Gerd Müller, CEO of Nordecon AS informed the council that he will not continue as CEO of the company after the expiry of his contract of service on 7 January 2024, informs the council of Nordecon AS. Until the appointment…

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Swedbank: Prices have stabilised at a high level

08.11.2023
Swedbank

During the past six months, consumer prices have not grown in Estonia. In October, prices were at the same level as in April this year. However, the average consumer basket is still about 30% more expensive than 2 years ago.…

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Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for Q1-Q3 2023

08.11.2023
Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the first nine months of 2023. Leasing activity Throughout Q1-Q3 2023, the Fund secured lease extensions with anchor…

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Nordecon: Notice of extraordinary general meeting of shareholders of Nordecon AS

08.11.2023
Nordecon

The management board of Nordecon AS (the “Company”) (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) hereby convenes an extraordinary general meeting of shareholders, which shall be held on 29 November 2023 at 10:00 am at the Radisson Blu Hotel Olümpia conference centre at…

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Nordecon: Information on the sale of subsidiary

08.11.2023
Nordecon

At the 7 November 2023 meeting of the supervisory board of Nordecon AS (hereinafter the “Company”), it was decided that the Company’s 52% majority holding in OÜ Nordecon Betoon (hereinafter also the “Private Limited Company”) will be sold in full…

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Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for III Quarter and 9 Months of 2023 (Unaudited)

08.11.2023
Pro Kapital

MANAGEMENT REPORT CEO summary Q3 2023 marks as a continuation of the newly started developments of AS Pro Kapital Grupp. Real estate development In Tallinn, the decision taken earlier in the year on starting the construction and sales of Kalaranna…

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