Wage growth will remain relatively high as labour demand increases more than supply. Nevertheless, the gap between wage and productivity growth rates will narrow this year. The growth of the average gross wage accelerated in the second quarter (+6.8%, over…
Inflation accelerated to around 3% in the first half of the year in Estonia. The contribution of food and non-alcoholic beverages increased substantially in recent months. Food and non-alcoholic beverages amount to a quarter of household expenditure, on average. In…
Apartment prices in Vilnius increased by 0.2% to 1,440 EUR/sqm in May 2017. During a year apartment prices in Vilnius increased by 5.5% and since the last lowest price level in May 2010, apartment prices are higher by 24.8% (by…
The housing affordability index (HAI) increased to 171.2 in Riga and record high of 134.7 in Vilnius, but decreased to 146.4 in Tallinn. In Tallinn, affordability decreased by 7.3 points in the first quarter of this year compared with the…
Accelerated export growth and robust recovery of investments contributed to the GDP growth On the output side, manufacturing, construction and domestic trade contributed the most We expect that GDP growth remains robust in 2017, but decelerates compared to the 1st…
30.05.2017 toimunud Arco Vara AS-i aktsionäride korraline üldkoosolek võttis vastu järgmised otsused: 1. Kinnitada Arco Vara AS-i 2016. aasta majandusaasta aruanne. 2. Katta 31.12.2016 lõppenud majandusaasta puhaskahjum summas 832 tuhat eurot eelmiste perioodide jaotamata kasumi arvelt; maksta dividendi 0,01 eurot…
The growth of average monthly gross wages slowed to 5.7% in the first quarter. We expect gross wages to grow by around 6% this year. The growth of the average gross monthly wage decelerated from 7.6% in 2016 to 5.7%,…
Aktsionäride korralise üldkoosoleku kutse, päevakord ja ettepanekud Lp. Arco Vara AS-i aktsionär Arco Vara AS-i (registrikood 10261718; aadress Rävala pst 5, Tallinn) aktsionäride korraline üldkoosolek toimub 5. mail 2017 kell 10.00 Tallinnas, aadressil Rävala pst 3, Radisson Blu Sky Hotel…
The number of transactions at the Tallinn apartment market is high and on an upward trend; also, the transaction prices are rising. The vast number of transactions and other positive trends of property market are to a large extent backed…
Global: Signs of a considerable cyclical upturn in advanced economies. Inflation pressure increases, but remains low in many regions. Political risks remain although they have decreased somewhat. Sweden: Growth broadens as an upswing in exports is paired with the strong…
EfTEN Real Estate Fund III AS-i (registrikood 12864036; edaspidi nimetatud “Fond”) juhatus kutsub kokku aktsionäride korralise üldkoosoleku 30. märtsil 2017. a algusega kell 10.00. Üldkoosoleku toimumise koht: Radisson Blu Sky hotelli II korruse konverentsikeskus aadressil Tallinn, Rävala pst 3. Vastavalt…
In Tallinn, affordability decreased by 1.6 points in the fourth quarter of last year compared with the same period in 2015, as price growth outpacednwage growth. In Riga, the HAI increased by 25.5 points as prices and interest rates decreased.…
Average wages grew in all economic sectors. We expect the growth of average gross wages to slow from 7.6% in 2016 to around 5% in 2017. The growth of average gross wage accelerated to 7.6% in 2016. Net average wages…
In 2016, economic growth reached 1.6% in Estonia. Compared to 2015 it is a 0.2 percentage point increase, but nothing to be too proud of yet. Nominal growth of GDP accelerated from 2.5% in 2015 to 3.3% in 2016. In…
Notwithstanding political squalls blowing louder than ever, the global economy is forging ahead. The acceleration in economic growth and inflation are bringing us closer to an environment that we are accustomed to seeing as normal. Nevertheless, the spreading of protectionist…
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