Gross wage growth accelerated from 1.0% in the second quarter to 3.1% in the third quarter, over the year, as economic activity increased, and the government’s wage support programme ended (substantially lower wages was one of the indicators to qualify…
EfTEN SPV19 OÜ, a subsidiary of EfTEN Real Estate Fund III AS, signed a contract under the law of obligations to acquire a property located at Hunditubaka tee 12 / Karukella tee 5 in Tallinn from OÜ Arca Varahaldus. By…
AS Pro Kapital Grupp (hereinafter Pro Kapital) informs that the subscription period of the private placement of nonconvertible bonds (hereinafter the “Bonds”), which was announced on 22 May 2020, has ended on 13 November 2020. The Management Board has decided…
AS Nordecon and OÜ Favorte H24 entered into contract for the construction of a two-storey stock office building in Tähetorni Tehnopark located Härgmäe str 24, Tallinn. The cost of the building with 5,500 sqm combined rentable space and associated roads…
The unemployment rate increased in the third quarter in Estonia and is expected to rise further during the winter months. According to Statistics Estonia, employment fell by 3.6% in the third quarter, over the year, mostly in the services’ sector,…
Compared to the same period last year, the 9 month results of the Group in 2020 are characterised by an increase in sales revenue and operating profit, which was achieved in the context of a slight decline in gross profitability…
COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of EUR 79.7 million and a net profit of EUR 4.9 million in the third quarter of 2020, the respective growth were 8.6% and 92%. The group’s 9-month revenue amounted to EUR 209…
AS Nordecon group company Kaurits OÜ entered into contract with GRK Infra AS for the performance of earthworks at Võõbu–Mäo road construction project on Tartu highway Võõbu–Anna 10 km road section. As a part of the works land improvement operations…
GROUP CEO’S REVIEW We can consider the Q3 2020 positive. The sales recovery turned out to be faster than expected, which confirms that Arco Vara’s developments meet the expectations of our clients. Construction work has also continued as planned on…
Secondary public offering of Baltic Horizon Fund units ended on 22 October 2020 16:00 (EEST). In total, 6,247,904 units were subscribed which corresponds to gross amount of EUR 7.2 million. “We are satisfied with the results, considering the current difficult…
Tallinna linnavolikogu kehtestas tänasel istungil A. Lauteri tänav 3 kinnistu ja lähiala detailplaneeringu. 1,19 hektari suuruse maa-ala kohta koostatud planeeringu kohaselt on võimalik kinnistul asuv Estonian Business Schooli õppehoone rekonstrueerida ning ehitada kuni 30-korruseline juurdeehitus, kuhu tuleksid õppe-, äri- ja…
Card spending and cash withdrawal in the Baltics dropped as state of emergency was announced, but recovered markedly in the second half of Q2. Q3 has largely not seen further improvements – transactions have remained fairly stable. Card spending and…
• Deflation amounted to 1.1% in Estonia in September, over the year. • We expect prices to decline by 0.4% in 2020. In September, the fall in consumer prices deepened from 0.9% in August to 1.1% in September. Food prices increased…
Northern Horizon Capital AS korraldab kuni 17,292,062 uue osaku (Pakkumise Osakud) täiendava avaliku pakkumise. Pakkumise osakute arv võib suureneda 17,292,062 võrra (s.t. kokku kuni 34,584,124 Pakkumise Osakuni), kui Northern Horizon Capital AS otsustab kasutada pakkumise suurendamise võimalust (inglise keeles upsizing option).…
Nordecon AS and the Estonian Road Administration signed an agreement for reconstruction works along kilometres 184.7–187.5 of National Road 1 Tallinn – Narva, at the town of Sillamäe. As a result of the construction works, the main road will begin…
Sisesta e-posti aadress ja ole kursis kinnisvaraturu liikumistega!
