Uudiste arhiiv

 

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

17.08.2020
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…

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Swedbank: Situation in the labour market has deteriorated in Estonia

14.08.2020
Swedbank

 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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Notice of prolongation of redemption date of convertible bonds PKG3 and PKG4 and partial redemption of convertible bonds PKG3

11.08.2020
Pro Kapital

AS Pro Kapital Grupp informs that it has prolonged the redemption date of 37,423 “Pro Kapital Grupp convertible bond PKG3 10.08.2014” (in the registry under EEK 7.00 PRO KAPITAL GRUPP VAHETUSVÕLAKIRI PKG3 10-2020, hereinafter referred to as Convertible Bonds PKG3)…

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Baltic Horizon Fund Consolidated Unaudited Interim Results for H1 2020

10.08.2020
Baltic Horizon Fund

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 2020. Impact of COVID-19 pandemic At the beginning of 2020,…

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Uus Maa: Estonian Real Estate Market review, June 2020Estonian Real Estate Market review, June 2020

05.08.2020
Uus Maa

Regardless of the fact that there were holidays in the middle of a business week and in spite of the heat wave across Estonia, the number of real estate transactions continued to increase in June. According to the Land Board,…

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Pro Kapital Council approved Consolidated Interim Report for II Quarter and 6 Months of 2020 (Unaudited)

30.07.2020
Pro Kapital

MANAGEMENT REPORT Chairman’s summary  The first six months of 2020 have been quite busy for us in spite of the slow-down of businesses in many sectors due to the influence of the worldwide spread of the SARS-CoV-2 virus and COVID-19.…

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Results of the subscription for nonconvertible bond offering

08.07.2020
Pro Kapital

AS Pro Kapital Grupp (hereinafter Pro Kapital) informs that the subscription period of the private placement of nonconvertible bonds (hereinafter the “Bonds”) announced on 22 May 2020 has ended on 7 July 2020. The Management Board has decided on the…

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Uus Maa: Estonian Real Estate Market review, May 2020

30.06.2020
Uus Maa

The end of the emergency situation and lifting of many restrictions brought along a rise in the real estate market in May, as predicted and anticipated. According to the initial information, the rise was not as fast as predicted but…

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Vanasadama trammitee ühendab Tallinna sadama, Rail Balticu terminali ja lennujaama

15.06.2020
Tallinn

Tallinna linnavalitsus kuulutas välja EL-i Rail Baltica ning riigi ja linna ühisrahastatava Vanasadama uue trammiliini projekteerimishanke, mis on aluseks sadamat Rail Baltica terminali ja lennujaamaga ühendavaks kahe kilomeetri pikkuseks trammiühenduseks. Tallinna linnapea Mihhail Kõlvarti sõnul elanike arv pealinnas üha kasvab,…

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Baltic Horizon Fund Announces Results of Annual General Meeting

10.06.2020
Baltic Horizon Fund

A repeat Annual General Meeting of Baltic Horizon Fund investors took place on 9 June 2020 in Tallinn, Estonia. The repeat meeting was convened as no quorum was reached at the initial Annual General Meeting on 26 May 2020. Pursuant…

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Baltic Horizon Fund – Notice of New Annual General Meeting

03.06.2020
Baltic Horizon Fund

Annual General Meeting of Baltic Horizon Fund investors took place on 26 May 2020 in Tallinn, Estonia. As announced to the market on 26 May 2020, the quorum was not reached and investors were not able to adopt the proposed…

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Changes in Supervisory Boards of AS Pro Kapital Grupp and its subsidiaries

29.05.2020
Pro Kapital

AS Pro Kapital Grupp informs about the changes in the Company’s subsidiaries. “Due to the wish to decrease his workload, Mr Ernesto Achille Preatoni has stepped down from the Council of all group companies. On one hand, we are involving…

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The steep decline in taxes contracted Estonian GDP in the first quarter

29.05.2020
Swedbank

In Estonia, GDP contracted 0.7% yoy (non-adjusted) and 3.7% qoq (seasonally and working day adjusted) in 1Q The steep fall in VAT and excise taxes contributed negatively, while the gross value added increased 2% yoy.  There were more economic activities…

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Swedbank: Previously rapid wage growth stalls in Estonia this year

27.05.2020
Swedbank

• Wage growth decelerated to 4.8%, over the year, in Q1. • Swedbank expects wages to grow by only 0.5% this year. Wage growth decelerated in the first quarter  Gross wage growth decelerated to 4.8%, over the year, in the…

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Estonian Real Estate Market review, April 2020

26.05.2020
Uus Maa

If the market overview of March already mentioned the impact of the emergency situation in the second half of the month, the statistics of April transactions was fully impacted by it. However, in the last week of the month, increased…

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