The management board of Arco Vara AS (registry code 10261718, hereinafter the Company) proposed to adopt the below resolution of the shareholders without calling a general meeting. The notification of adoption of a resolution of the shareholders without calling a…
Registration of share capital reduction and disbursements On 10 September 2021, the share capital reduction of AS Trigon Property Development (registry code: 10106774; hereinafter the “Company”) was registered in the Estonian Commercial Register according to the resolutions adopted by the…
AS Pro Kapital Grupp informs that from 01.09.2021 Allan Remmelkoor is leaving the group after more than 20 years with the company to focus on other commercial real estate developments. “Allan has done outstanding work to develop our Estonian commercial…
GDP expanded 12.9% yoy and 4.3% qoq (SWDA) in 2Q Economic output exceeded pre-pandemic peak by 6.7% in real terms In Estonia, GDP grew 8.5% in the first half of 2021. The growth was among the fastest in the EU.…
Embach Ehitus OÜ, a Nordecon Group company entered into a contract with Kambja rural municipality government for the design and reconstruction of Ülenurme Gymnasium sports building. The value of the contract is close to 5.6 million euros plus value added…
The growth of the average monthly gross wage accelerated from 4.9% in the first quarter to 7.3% in the second quarter. Wage growth picked up speed due to a very low base one year ago, when the corona crisis hit…
This draft resolution of the shareholders of Arco Vara AS (registry code 10261718, hereinafter the Company) was sent to the shareholders of the Company on 26 August 2021 for the purpose of adopting the following resolution of the shareholders of the…
AS Pro Kapital Grupp informs that it is redeeming 90 459 “EEK 7.00 PRO KAPITAL GRUPP CONV. BOND PKG1 09-2021” convertible bonds (with ISIN EE3300104033) in total nominal value of 904 590 Estonian kroons and issue value of 253 285,20…
MANAGEMENT REPORT CEO summary 2021 has been a dynamic working period. We have continued with our ongoing developments, where we see remarkable results, but also had to face a setback as the decision of the Supreme Court terminated reorganisation proceedings…
The annual general meeting of shareholders of Arco Vara AS was held on 12 August 2021 in Maakri street 19/1 II floor, 10145 Tallinn, Estonia. The notice of calling the extraordinary general meeting was published in the information system of…
Management Board of Northern Horizon Capital AS (the Management Company) has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the first six months of 2021. Oversubscribed bond issue of BH Meraki UAB On 12…
Second-quarter revenue for Merko Ehitus was EUR 86 million and net profit was EUR 6.4 million. The revenue for first half increased by 12% to EUR 146 million and net profit by 19% to EUR 9.8 million. This year, Merko…
The results for the first six months of 2021 are characterized by a slight decrease in operating volumes, a decrease in profitability and a continued increase in the order book compared to the same period of the previous year. The…
Nordecon AS entered into an agreement with Roseni Kinnisvara OÜ, a member of the NG Investeeringud group, for the construction of Roseni Maja office building at Ahtri 4 in Tallinn. A six-storey building with two underground parking floors with a…
Arco Vara has exceeded expectations during the first half of the year. The sales numbers of apartments indicate that all the completed homes have found an owner, and the projects under construction have also been successful: the feared construction material…
