Uudiste arhiiv

Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for II Quarter and 6 Months of 2023 (Unaudited)

15.08.2023 Tõnu Toompark

MANAGEMENT REPORT CEO summary Q2 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…

Nordecon: Construction contract (Study building in Raadi campus)

15.08.2023 Tõnu Toompark

Nordecon AS and its subsidiary Embach Ehitus OÜ as joint bidders and centre of defence investments have signed a contract for the design and construction of a defence forces’ study building in the Tartu Raadi campus. The building to be…

Nordecon: Construction contract (Pirni 7/2 commercial building)

09.08.2023 Tõnu Toompark

AS Nordecon group company Embach Ehitus OÜ and Eesti Talleks AS signed a contract for the construction of the commercial building on Pirni 7/2 in Tallinn. The first floor of the four-story building with a closed net area of 2,254…

Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for H1 2023

09.08.2023 Tõnu Toompark

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 six months of 2023. Property valuations In June 2023, the portfolio valuations were conducted by the independent…

Nordecon: 2023 II quarter and 6 months consolidated interim report (unaudited)

03.08.2023 Tõnu Toompark

The dynamics of the construction market reflect the ongoing economic downturn and uncertainty about the future. Although the increase in the construction price index slowed in the second quarter of this year and the construction price index fell by 0.5%…

Merko: 2023 6 months and II quarter consolidated unaudited interim report

03.08.2023 Tõnu Toompark

COMMENTARY FROM MANAGEMENT Q2 2023 revenue for Merko Ehitus was EUR 142 million and the H1 figure was EUR 217 million. Net profit in Q2 was EUR 13.6 million and net profit for the last six months was EUR 19.4…

Swedbank: Long-lasting recession continued in the second quarter

01.08.2023 Tõnu Toompark

In Q2 2023, GDP dropped 3% y/y and 0.3% q/q (both swda) in real terms, according to the flash estimate of Statistics Estonia. GDP contraction in Q2 was below our expectations. However, the economic contraction is receding gradually. Estonian economy…

Arco Vara: Unaudited consolidated interim report for Q2 and 6 months of 2023

27.07.2023 Tõnu Toompark

GROUP CEO’S REVIEW For Arco Vara’s standpoint, the real estate market was breathing easier in Q2 but will be more apparent after the summer how safe this uneven activity is. The resolutions of the European Central Bank regarding baseline interest…

EfTEN Real Estate Fund AS unaudited results for 2nd quarter and 6 months 2023

27.07.2023 Tõnu Toompark

EfTEN Real Estate Fund

The upward trend in interest rates, which started in mid-2022, continued in the first half of 2023. Within the euro area, including the Baltic countries, loans are based on the EURIBOR. Over the past six months, depending on the duration,…

Hepsor AS consolidated unaudited interim report for Q2 2023 and 6 months

26.07.2023 Tõnu Toompark

Hepsor’s consolidated sales revenue for the second quarter of 2023 amounted to 14.6 million euros and net profit was 3.5 million euros (incl. the share owned by the parent company was 1.6 million euros). The consolidated sales revenue for the…

EBS peahoone kõrvale kerkib lähiaastatel 100-miljoniline unikaalne õppimis- ja ettevõtluslinnak

12.07.2023 Tõnu Toompark

Estonian Business School SA (EBS) poolt Tallinnas, Lauteri 3 kinnistule planeeritud unikaalne õppimis- ja ettevõtluslinnak on saanud ametliku ehitusloa ning juba käesoleva aasta II pooles algavad suuremahulised ehitustööd. Linnaku kogumaht on tulevikus 44 000 m2 ja arendusprojekti eeldatav maksumus 100…

Nordecon: Construction contract (Tartu Karlova school)

12.07.2023 Tõnu Toompark

AS Nordecon group company Embach Ehitus OÜ and Tartu City Government signed a contract for the reconstruction of the Karlova school building on Lina Street 2 in Tartu. The building with a size of 4,973 sqm will be completely renovated…

Baltic Horizon Fund has published its Annual ESG report 2022

06.07.2023 Tõnu Toompark

Baltic Horizon Fund

Baltic Horizon Fund today announces the release of its Annual ESG report 2022. Baltic Horizon launched its ESG strategy in 2019, and in the subsequent years, despite a challenging economic environment, the fund has increased its level of ambition, aligning…

Merko: Adjustments to the structure of the group’s subsidiaries (Latvia, Estonia)

06.07.2023 Tõnu Toompark

As a result of a review of the structure of the AS Merko Ehitus group, it was decided to initiate termination of Latvian joint venture PS “Merko Infra Remus Elektro”, due to the lack of activity in this company. At…

Swedbank: Stability and Sustainability – Baltic and Swedish economies in doldrums

27.06.2023 Tõnu Toompark

Sweden: Economic growth has weakened Baltics: Insufficient demand and falling inflation Risks: Even weaker demand, higher unemployment, geopolitical pressures, deglobalisation Sustainability: Continued improvements are needed Swedish economy showed more resilience than expected in the first quarter, although a substantial positive…

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