Uudiste arhiiv

 

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

Merko

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

Swedbank

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)

Nordecon

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.

Pro Kapital: Notice of redemption of convertible bonds PKG3

Pro Kapital

AS Pro Kapital Grupp informs that it is redeeming 6 900 “EEK 7.00 PRO KAPITAL GRUPP CONV. BOND PKG3 10-2020” convertible bonds (with ISIN EE3300108711) in total nominal value of 69 000 Estonian kroons and issue value of 19 320

Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for H1 2022

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 2022. Distributions to unitholders for Q1 2022 and Q2 2022 Fund results On 28

Merko Ehitus: Construction contract in Estonia (tram line connecting Old Harbour and Rail Baltic’s Ülemiste passenger terminal in Tallinn)

Merko Ehitus

On 9 August 2022, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and KMG Inseneriehituse AS signed a design and construction contract with Tallinn Urban Environment and Public Works Department for the construction of a tram line connecting

Merko Ehitus: Public Procurement Preferred Bidder Announcement in Estonia (reconstruction of Vana-Kalamaja street in Tallinn)

Merko

Tallinn Urban Environment and Public Works Department has informed that the public procurement “Reconstruction of Vana-Kalamaja street” (reference number 245920) preferred bidder is announced to be Tallinna Teede AS, part of AS Merko Ehitus group, with a value of 7.8

Nordecon: 2022 II quarter and 6 months consolidated interim report (unaudited)

Nordecon

Despite the continued difficult external environment, the second quarter and first half of 2022 were overall profitable for the group. The increase in sales revenue also continued, which is largely based on the fulfillment of construction contracts concluded in previous

Merko Ehitus: 2022 6 months and II quarter consolidated unaudited interim report

Merko

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue was EUR 88 million in Q2 2022, and EUR 156 million in H1 2022, while the respective figures for net profit were EUR 4.2 million and EUR 7.2 million. This year, Merko has delivered

Nordecon: Construction contract (Kastanikodu housing estate second stage)

Nordecon

Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company entered into a contract with OÜ Kastanikodud for the construction of apartment houses located Kastani road 2 // 4 // 6 // 8 // 10 // Lepa road 3 //

Hepsor AS: 2022 II quarter and six months consolidated unaudited interim report

Hepsor

The consolidated revenues of Hepsor for the first six months of 2022 amounted to 4.0 million euros (including 2.7 million euros in Q2 2022) and a net loss of 0.3 million euros (including 0.3 million euros in Q2 2022). The

Baltic Horizon Fund: update concerning alternative solution for Swedish traded units

Baltic Horizon Fund

Northern Horizon Capital AS („Northern Horizon”) notified on 29 September 2021 regarding the termination of the affiliation agreement with Euroclear Sweden AB („Euroclear Sweden“) for keeping Baltic Horizon Fund units („Units“) registered with its book entry system in Sweden due