Uudiste arhiiv

 

Nordecon: Completion of the sale of holding in related company

04.01.2021
Nordecon

Nordecon AS informs that as the Estonian Competition Authority has issued respective approval (issue date 28 December 2020), the sale of holding in related company OÜ Pigipada  (announcement) was completed on 30 December 2020.

Nordecon: Decision of the extraordinary general meeting of shareholders

28.12.2020
Nordecon

Nordecon AS (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) extraordinary general meeting of shareholders was held on 22 December 2020 at 10.00 a.m. in the conference centre of Radisson Blu Hotel Olümpia, room Zeta (Liivalaia 33, 10118 Tallinn). The…

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Arco Vara AS waived the option to purchase a development project in Sofia

21.12.2020
Arco Vara

In November 2017, Arco Vara AS entered into an agreement for the acquisition of a development project in the suburbs of Sofia, near the village of Lozen. The first stage of the real estate acquisition transaction, with a total area…

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Swedbank: Baltic HAI – Respite for the Housing Market

15.12.2020
Swedbank

Third quarter marks a recovery in the housing market Housing affordability remained high throughout the three quarters of 2020. In the third quarter, housing affordability increased in Estonia (+2.8) and Latvia (+4.1), while decreasing in Lithuania (-0.9), compared with the…

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Results of the subscription for nonconvertible bond offering

14.12.2020
Pro Kapital

AS Pro Kapital Grupp (hereinafter Pro Kapital) informs that the third subscription period of the private placement of nonconvertible bonds (hereinafter the “Bonds”), which was announced on 22 May 2020, has ended on 13 December 2020. The Management Board has…

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Information on the sale of holding in related company

08.12.2020
Nordecon

Nordecon AS group company AS Tariston concluded with OÜ Tõrvatilk on 08 December 2020 an agreement to sell its 49% shareholding in a related company OÜ Pigipada. The purpose of the sale is to resolve the ownership of the aforementioned…

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Pro Kapital Grupp: Notice of prolongation of redemption date and partial redemption of convertible bonds PKG5

01.12.2020
Pro Kapital

AS Pro Kapital Grupp informs that it has prolonged the redemption date of 24 500 “Pro Kapital Grupp convertible bond PKG5 29.11.2014” (in the registry under EEK 7.00 PRO KAPITAL GRUPP VAHETUSVÕLAKIRI PKG5 10-2020, hereinafter referred to as Convertible Bonds…

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Swedbank: Estonian economy rebounded rapidly in the third quarter

30.11.2020
Swedbank

In the third quarter of 2020, Estonian economy dropped by 1.9% y/y in real terms (seasonally and working day non-adjusted). Seasonally and working day adjusted GDP rose by 3.3% q/q. The result was close to our expectations. In the first…

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Swedbank: Wage growth accelerated a bit in the third quarter in Estonia

27.11.2020
Swedbank

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…

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Founding of a subsidiary of EfTEN Real Estate Fund III AS and entering the aged care home segment with the acquisition of Pirita Pansionaat

23.11.2020
EfTEN Real Estate Fund III

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…

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Pro Kapital Grupp: Results of the subscription for nonconvertible bond offering

17.11.2020
Pro Kapital

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…

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Nordecon: Stock office building in Tähetorni Tehnopark)

16.11.2020
Nordecon

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…

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Swedbank: Unemployment rate increased in the third quarter in Estonia

13.11.2020
Swedbank

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,…

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Nordecon: 2020 III quarter and 9 months consolidated interim report

05.11.2020
Nordecon

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…

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Merko Ehitus: 2020 9 months and III quarter consolidated unaudited interim report

05.11.2020
Merko Ehitus

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…

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