On 17 August 2022, Merko Bygg AS, part of AS Merko Ehitus group, and Holmenveien 37 AS, part of Pecunia AS group, entered into a contract for the construction three detached houses at Holmenveien 37 in Oslo. The contract value…
MANAGEMENT REPORT CEO summary The second quarter of 2022 continued the trend we have seen in Q1, with a strong demand for real estate assets in the Baltic countries (particularly Estonia and Lithuania). Our available inventory is mainly sold, but…
AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE), Connecto Eesti AS and Verston Ehitus OÜ as joint bidders entered into contract with Tuulepealne Maa OÜ, an Utilitas energy group company for construction of a windfarm in Saarde, Estonia.…
Tallinn Urban Environment and Public Works Department has informed that the public procurement “Reconstruction of Vana-Kalamaja street” (reference number 245920) preferred bidder is announced to be Tallinna Teede AS, part of AS Merko Ehitus group, with a value of 7.8…
Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company entered into a contract with OÜ Kastanikodud for the construction of apartment houses located Kastani road 2 // 4 // 6 // 8 // 10 // Lepa road 3 //…
Nordecon AS has launched the second phase of the Kivimäe Süda residential development located in the Nõmme district of Tallinn, in the course of which the building at Kivimäe 27 will be reconstructed and converted into an apartment building. 12…
Due to procurator Avo Ambur leaving Nordecon AS as of 31 July 2022, the supervisory board of Nordecon AS decided to terminate the proxy. Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and…
GROUP CEO’S REVIEW In the second quarter, we reached the moment every real estate developer is waiting for once again, being able to commence the handover of completed homes to our clients in Kodulahe Kvartal, the sales revenue of 41…
NOBE (corporate name Nordecon Betoon OÜ), a Nordecon Group company entered into a contract with UAB Degaičių vėjas for the construction of the foundations of wind turbines to be erected in windfarm close to the city of Telšiai in Lithuania.…
Annual General Meeting of Baltic Horizon Fund investors took place on 7 June 2022 in Tallinn, Estonia. Proposed agenda of the meeting was the following: Presentation of the FY2021 audited annual report of Baltic Horizon Fund, and interim report of…
AS Pro Kapital Grupp announces that Angelika Annus is resigning from the Management Board of the company due to personal reasons, effective from 1 June 2022. Angelika Annus will remain as CFO of the group, but takes a sabbatical for…
The annual general meeting of shareholders of AS Trigon Property Development (registry code: 10106774; hereinafter the “Company”) was held on 1 June 2022 in Tallinn, Pärnu mnt 18. The annual general meeting started at 14:00. 2,569,153 votes represented by the shares…
On 30 May 2022, the Financial Supervision Authority issued a warning to AS Pro Kapital Grupp for the failure to submit audited annual report for 2021 by the due date. Pursuant to paragraph 18410 subsection 1 of the Securities Market…
AS Nordecon group company Embach Ehitus OÜ entered into contract with Kaarsilla Kinnisvara OÜ for the design and construction of the commercial building located in Kandiküla, Tartu. The building to be built will be mainly a one-storey, partly two-storey building…
Nordecon AS (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) annual general meeting of shareholders was held on 25 May 2022 at 10.00 a.m. in the conference centre of Radisson Blu Hotel Olümpia, room Gamma (Liivalaia 33, 10118 Tallinn). The shareholders…