On 25.08.2023, Hepsor Latvia OÜ, a subsidiary of Hepsor AS, signed a share purchase agreement, which will acquire 50% of the shares of SIA “Riga Properties 4”. SIA “Riga Properties 4” has signed a purchase agreements for the purchase of…
Nordecon AS and Centre of defence investments have signed contracts for the design and construction of storage facilities in Luunja and Nõo parish. The necessary road network with communications will also be built during the project. The total cost of…
MANAGEMENT REPORT CEO summary Q2 2023 marks as a continuation of the newly started developments of AS Pro Kapital Grupp. Real estate development In Tallinn, the decision taken earlier in the year on starting the construction and sales of Kalaranna…
Nordecon AS and its subsidiary Embach Ehitus OÜ as joint bidders and centre of defence investments have signed a contract for the design and construction of a defence forces’ study building in the Tartu Raadi campus. The building to be…
AS Nordecon group company Embach Ehitus OÜ and Eesti Talleks AS signed a contract for the construction of the commercial building on Pirni 7/2 in Tallinn. The first floor of the four-story building with a closed net area of 2,254…
GROUP CEO’S REVIEW For Arco Vara’s standpoint, the real estate market was breathing easier in Q2 but will be more apparent after the summer how safe this uneven activity is. The resolutions of the European Central Bank regarding baseline interest…
Hepsor’s consolidated sales revenue for the second quarter of 2023 amounted to 14.6 million euros and net profit was 3.5 million euros (incl. the share owned by the parent company was 1.6 million euros). The consolidated sales revenue for the…
AS Nordecon group company Embach Ehitus OÜ and Tartu City Government signed a contract for the reconstruction of the Karlova school building on Lina Street 2 in Tartu. The building with a size of 4,973 sqm will be completely renovated…
According to the company announcement published by Nordecon AS on 06 April 2023, Nordecon AS started the merger of two 100% subsidiaries of the group, Tariston AS and Kaurits OÜ. AS Tariston and Kaurits OÜ signed a merger agreement on…
The sole shareholder of SIA Merks, part of AS Merko Ehitus group, decided to appoint Mr. Jānis Zilgme as a Member of the Management Board of the company, starting from 04 July 2023, with the areas of responsibility in management,…
The annual general meeting of shareholders of AS Trigon Property Development (registry code: 10106774; hereinafter the “Company”) was held on 21 June 2023 in Tallinn, Pärnu mnt 18. The annual general meeting started at 10:00. 2,569,152 votes represented by the…
AS Pro Kapital Grupp (hereinafter referred to as the Company) has issued 3,459,081 unsecured bonds with ISIN EE3300001676 in the total value of 9,685,426.80 euros. The bonds bear 8% interest and their redemption date is 31 October 2024. The bonds…
AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE) and real estate developer Invego signed a contract for the design and construction of a commercial and residential building to be built at Kopli 68a, Tallinn – second stage of…
AS Pro Kapital Grupp informs its shareholders about the changes in the Supervisory Council of the Company and its subsidiaries, which will be effective as of 19 June 2023 and 6 July 2023. “The current long term Chairman of the…
The annual shareholders meeting (hereinafter referred to as the Meeting) of AS Pro Kapital Grupp (hereinafter referred to as the Company) took place on Monday, 19th of June, 2023 starting at 12.30 in the Atlantic City room at Hilton Tallinn Park, R.…