Uudiste arhiiv

 

Launch of the fourth stage of the Uus-Veerenni residential project (Tallinn, Estonia)

19.03.2021
Merko Ehitus

AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the fourth stage of Uus-Veerenni residential development project in the city centre of Tallinn. The new stage includes three buildings with 84 apartments, which are to…

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Arco Vara: Opinion of the supervisory board of Arco Vara AS regarding the mandatory takeover bid

15.03.2021
Arco Vara

This opinion of the supervisory board of Arco Vara AS (“Arco Vara”) has been formulated on 15 March 2021 conforming to clause 171 of the Securities Market Act and clause 21 of the Minister of Finance’s 28.05.2002 regulation no. 71…

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EfTEN Real Estate Fund III: Net asset value of EfTEN Real Estate Fund III AS as of 28.02.2021

08.03.2021
EfTEN Real Estate Fund

The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 28.02.2021 was 17.21 euros. The net asset value of the EPRA share (net book value excluding deferred income tax liability and fair value of interest rate…

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Nordecon: Construction contract

08.03.2021
Nordecon

Nordecon AS and Estonian Internal Security Service entered into contract for the extension and reconstruction works of Estonian Internal Security Service head office. The contract includes the construction of new office building complex with underground parking and garage, as well…

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Swedbank: Average wage increased but less than before the crisis

03.03.2021
Swedbank

In the fourth quarter, in Estonia, average gross wage amounted to 1515 euros, up by 2.9%, over the year. In 2020, the average wage increased by 2.9%, too. That is much less than before the crisis, for example, in 2015-2019,…

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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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