Uudiste arhiiv

Nordecon: Võõbu-Mäo road section construction works

02.11.2020 Tõnu Toompark

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…

Arco Vara: Unaudited consolidated interim report for Q3 and 9 months of 2020

29.10.2020 Tõnu Toompark

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…

Baltic Horizon Fund announces results of the secondary public offering

23.10.2020 Tõnu Toompark

Baltic Horizon Fund

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…

A. Lauteri tänavale kavandatakse kõrghoonet

16.10.2020 Tallinn.ee

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…

Swedbank: Swedbank’s card data signalling a downward sentiment

09.10.2020 Tõnu Toompark

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…

Swedbank: Deflation continued in September

08.10.2020 Tõnu Toompark

• 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…

Baltic Horizon Fund: Baltic Horizon Fondi täiendavate osakute avaliku pakkumise teade

06.10.2020 Tõnu Toompark

Baltic Horizon Fund

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: Reconstruction of the section of Tallinn-Narva Highway passing through the town of Sillamäe

05.10.2020 Tõnu Toompark

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…

Merko: Renovation of Nordic Hotel Forum in Tallinn

24.09.2020 Tõnu Toompark

On 24 September 2020, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Veeilu, subsidiary of AS Kapitel, entered into a contract for the renovation of Nordic Hotel Forum located at Viru väljak 3, Tallinn. The contract…

Net asset value of EfTEN Real Estate Fund III AS as of 31.08.2020

10.09.2020 Tõnu Toompark

EfTEN Real Estate Fund

The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.08.2020 was 16.22 euros, increasing by 0.8% in August. The net asset value of the EPRA share (net book value excluding deferred income tax liability and…

Estonian economy dropped less than expected in Q2

31.08.2020 Tõnu Toompark

In the second quarter of 2020, Estonian economy dropped by 6.9% y/y in real terms and 8.4% in nominal terms. Seasonally and working day adjusted GDP dropped by 5.6% q/q. The result exceeded our expectations on the upside. In the…

Baltic Horizon Fund plans public offering of new units

28.08.2020 Tõnu Toompark

Baltic Horizon Fund

Northern Horizon Capital AS announces the plan for the next public offering of new units of Baltic Horizon Fund during autumn 2020. The issuer is considering to aim the offering at retail investors in Estonia, Lithuania, Sweden, Finland and Denmark…

AS Tallinna Moekombinaat contests the ruling of the County Court regarding the reorganization plan

18.08.2020 Tõnu Toompark

AS Tallinna Moekombinaat contests the ruling of the County Court with which the court decided to terminate the proceedings prematurely. On 3 April 2020, AS Pro Kapital Grupp (Pro Kapital) announced the initiation of reorganization proceedings of its subsidiary AS…

EfTEN Real Estate Fund III AS acquired for €11.8m an office building in Vilnius

17.08.2020 Tõnu Toompark

EfTEN Real Estate Fund

EfTEN Real Estate Fund III AS acquired through its subsidiary Rutkausko UAB in Vilnius the Rutkausko office building where the anchor tenant is international IT firm Atea. The transaction was closed on Friday, 14 August 2020. Total value of the…

Swedbank: Situation in the labour market has deteriorated in Estonia

14.08.2020 Tõnu Toompark

The unemployment rate increased moderately in the second quarter but has been stable since then. We expect the unemployment rate to reach around 8% this year and then decrease again next year. According to Statistics Estonia, employment fell by 3.6%…

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