Uudiste arhiiv

Change in the Supervisory Board of Arco Vara

13.01.2021 Tõnu Toompark

Rait Riim, a member of the Supervisory Board of Arco Vara AS, submitted his resignation in connection with the sale of the Arco Vara’s shares from LHV Pension Funds on 11 January 2021. Rait Riim is a real estate investment…

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Arco Vara: Permit of use granted to the development of Arco Vara in Bulgaria

10.12.2020 Tõnu Toompark

After several bureaucratic obstacles, the Iztok Parkside building was granted a permit of use. In Bulgaria, a permit of use is a prerequisite for formalising the final sales of dwellings. In this week, an active transfer of apartments and entering…

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EfTEN Real Estate Fund III unaudited results for 3rd quarter and 9 months 2020

29.10.2020 Tõnu Toompark

The consolidated sales revenue of EfTEN Real Estate Fund III AS for third quarter of 2020 was EUR 2.833 million (third quarter of 2019: EUR 2.364 million), which increased by 20% in a year. The sales revenue of two properties…

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Merko Ehitus: Construction contract in Latvia

01.10.2020 Tõnu Toompark

SIA Merks, part of AS Merko Ehitus group, has entered into a contract with Salaspils County Council for the construction of a kindergarten in Salaspils, Latvia. The works include construction of a new, fully furnished kindergarten building, territory infrastructure and…

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Merko Ehitus: Public water supply and sewerage in Harju County

30.09.2020 Tõnu Toompark

On 30 September 2020, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Loo Vesi entered into a contract to perform construction works of water supply and sewerage piping in Jõelähtme Parish, Harju County. The contract includes…

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Merko Ehitus: Orkla wafer and biscuits production plant

28.09.2020 Tõnu Toompark

SIA Merks, part of AS Merko Ehitus group, has entered into a contract with SIA Orkla Biscuit Production for the construction of new Orkla wafer and biscuits production plant in Ādaži, Latvia. The works include construction of a new wafer…

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Swedbank: Housing Affordability Index tells a different story this time

17.09.2020 Tõnu Toompark

During the second quarter of 2020, the Baltic economies, like the rest of the world, were hit by the corona crisis. In the housing markets of the Baltic capitals, it was the secondary market that bore the brunt of pandemic…

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Bondholders of Baltic Horizon Fund approved the temporary amendment to the bond terms and conditions

29.07.2020 Tõnu Toompark

Baltic Horizon Fund applied for temporary reduction of equity covenant in the terms and conditions of the Bonds (the Terms and Conditions) in relation to Baltic Horizon Fund EUR 50 million 5-year unsecured bonds maturing in 2023 (ISIN EE3300111467; the…

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Baltic Horizon Fund requests for temporary amendment of the bond terms and conditions

06.07.2020 Tõnu Toompark

Baltic Horizon Fund applies for temporary reduction of equity covenant in relation to Baltic Horizon Fund EUR 50 million 5-year unsecured bonds maturing in 2023 (ISIN EE3300111467). In the light of the COVID-19 outbreak and the associated effects on Baltic…

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Swedbank: Will high affordability save the market?

10.06.2020 Tõnu Toompark

At the start of 2020, the housing market in the Baltics was still unfazed by the pandemic. Overall housing affordability was high in all the capitals. However, housing affordability in Tallinn and Vilnius decreased in the first quarter, compared with…

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Swedbank: The unemployment rate should peak this autumn

15.05.2020 Tõnu Toompark

• Labour market figures were still strong before the crisis. • Data has deteriorated rapidly since March. Corona crisis did not affect Q1 data Q1 labour market survey was carried out between January and March, i.e. before the crisis hit.…

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Jõulutervitused

24.12.2019 Tõnu Toompark

Adaur Grupp OÜ soovivad kõikidele tänastele ja tulevastele klientidele ning koostööpartneritele ilusat pühadeaega ja teguderohket uut aastat!

Swedbank: Estonia – Wage pressures expected to ease a bit next year

30.08.2019 Tõnu Toompark

Wage growth is rapid and broad-based. The average gross wage amounted to EUR 1,419, up by 7.4%, over the year, in the second quarter. Wage growth was broad-based, in terms of sectors and levels. Tax Authority’s wage data show that…

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