Uudiste arhiiv

 

Arco Vara: Takeover bid for Arco Vara AS shares

02.03.2021
Arco Vara

The majority shareholder of Arco Vara AS („Arco Vara“) OÜ Alarmo Kapital notified stock exchange on 2 March 2021 of a mandatory takeover bid for purchasing all Arco Vara shares. The purchase price is 1,30 euros per share. Arco Vara…

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Merko Ehitus: Construction contract in Estonia

02.03.2021
Merko Ehitus

On 02 March 2021, AS Merko Infra, part of AS Merko Ehitus group, and Elering AS entered into a contract for the renovation of Järvakandi 110 kV substation. The contract includes the construction of a new 110-kV switchgear in Järvakandi…

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Swedbank: The Estonian economy is recovering from the crisis

01.03.2021

In 2020, Estonian GDP fell by 2.9% in real terms and 3.4% in nominal terms. The result was close to our expectations – our forecast, published in January, was -2.7%. In addition, GDP results for the first three quarters were…

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Pro Kapital Council approved Consolidated Interim Report for IV Quarter and 12 Months of 2020 (Unaudited)

01.03.2021
Pro Kapital

MANAGEMENT REPORT Chairman’s summary  2020 has been quite a turbulent year. It will be remembered for the start of the new virus SARS-CoV-2 and COVID-19 pandemic spread. Many economic sectors have suffered. Also, our group operations and results are affected.…

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Swedbank: The Estonian economy is recovering from the crisis

01.03.2021
Swedbank

In 2020, Estonian GDP fell by 2.9% in real terms and 3.4% in nominal terms. The result was close to our expectations – our forecast, published in January, was -2.7%. In addition, GDP results for the first three quarters were…

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Trigon Property Development: Unaudited financial report for the fourth quarter and 12 months 2020

26.02.2021
Trigon Property Development

The main business activity of Trigon Property Development AS is real estate development. As at 31.12.2020, AS Trigon Property Development owned one development project with an area of 21 hectares in the City of Pärnu, Estonia. An industrial and logistics…

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Baltic Horizon Fund Consolidated Unaudited Results for Q4 2020

16.02.2021
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 twelve months of 2020. Impact of COVID-19 pandemic At the beginning of 2020, a new coronavirus (COVID-19)…

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AS Tallinna Moekombinaat, the subsidiary of AS Pro Kapital Grupp, contests the ruling of Tallinn District Court

16.02.2021
Pro Kapital

On 29 January 2021 Tallinn District Court decided not to satisfy the appeals of AS Tallinna Moekombinaat and its three creditors – Elkoral OÜ, OÜ Kristiine KVH and AS Merko Ehitus Eesti- against the ruling in which Harju County Court…

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EfTEN Real Estate Fund III AS unaudited consolidated interim accounts for the 4th quarter and 12 months of 2020

16.02.2021
EfTEN Real Estate Fund

Comment of the fund manager The main economic event of 2020 was not an economic event – unexpected arrival and spread of coronavirus. The virus wave that reached the Baltics in February 2020, closed the economy and put a significant…

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Arco Vara: Change in substantial holding

15.02.2021
Arco Vara

Arco Vara AS notifies the stock exchange about a change in substantial holding as required by § 186 of the Securities Market Act. On February 12, 2021, AS Lõhmus Holdings transferred 850,000 shares of Arco Vara AS held by them…

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Nordecon: 2020 IV quarter and 12 months consolidated interim report (unaudited)

11.02.2021
Nordecon

Nordecon’s sales revenue increased by approximately 26% in 2020 compared to the previous year, and this is the largest turnover of the Nordecon Group ever. The volume growth was based on contracts concluded in record volumes in 2019. The construction…

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2020 12 months and IV quarter consolidated unaudited interim report

11.02.2021
Merko Ehitus

COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of approximately EUR 106 million for the fourth quarter of 2020, while total revenue for the whole year was EUR 316 million. The group’s fourth quarter 2020 net profit was EUR 10 million…

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Arco Vara: Unaudited consolidated interim report for Q4 and 12 months of 2020

11.02.2021
Arco Vara

GROUP CEO’S REVIEW Arco Vara’s fourth quarter of 2020 was largely spent on the realisation of pre-sales. There were no significant setbacks in the process of handing over nor final sales of the apartments, for which we had been prepared…

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Launch of the second stage of the Erminurme residential project

10.02.2021
Merko Ehitus

AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the second stage of Erminurme residential development project in Tartu Parish. The stage includes two buildings at Erminurme Road 12 and 16 with 37 apartments, which…

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Merko Ehitus: Company Announcement

09.02.2021
Merko Ehitus

Construction contract in Estonia (below grade construction works of Liivalaia business and residential complex, Tallinn) On 8 February 2021, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Tiigiveski Arendus, part of AS Kapitel group, have entered…

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