Uudiste arhiiv

 

Merko Ehitus: Extension of the powers of the Member of the Supervisory Board of a group’s subsidiary (AS Merko Ehitus Eesti)

29.04.2022
Merko Ehitus

According to a decision of the Management Board of AS Merko Ehitus from 29 April 2022, the powers of the Member of the Supervisory Board of AS Merko Ehitus Eesti, Mr. Martin Rebane, have been extended until 29 April 2025.…

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EfTEN: EfTEN Real Estate Fund III AS unaudited results for 1st quarter 2021

28.04.2022
EfTEN Real Estate Fund

EfTEN Real Estate Fund III AS’s consolidated revenue for the first quarter of 2022 was 3.458 million euros (2021 I quarter: 2.867 million euros), increased by 21% compared to previous year. The Group’s net rental income in the first quarter…

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Arco Vara: Annual General Meeting of Arco Vara AS

20.04.2022
Arco Vara

NOTICE OF THE ANNUAL GENERAL MEETING, ITS AGENDA AND PROPOSED RESOLUTIONS Dear shareholder of Arco Vara AS, Notice is hereby given that the annual general meeting of Arco Vara AS (registry number 10261718; registered office at Rotermanni 10, Tallinn) will…

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EfTEN: EfTEN Real Estate Fund III AS notice calling the annual general meeting of shareholders

21.03.2022
EfTEN Real Estate Fund

In item 3 of the agenda, the date of fixing the list of shareholders entitled to dividends (record date), change in the rights attaching to the shares (ex-date) and the date of payment of the dividend has been corrected. The…

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EfTEN: Establishment of two subsidiaries, and conclusion of purchase agreements to acquire the property of Valkla Südamekodu and the right of superficies of Tartu Südamekodu

18.03.2022
EfTEN Real Estate Fund

The 100% subsidiaries of EfTEN Real Estate Fund III AS entered into conditional purchase agreements for the acquisition of two aged care home projects. The EfTEN Valkla OÜ, 100% subsidiary of the EfTEN Real Estate Fund III AS, signed a…

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Merko Ehitus: Acquisition of additional shareholding (Connecto Eesti AS)

28.02.2022
Merko Ehitus

On 25 February 2022, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, signed a contract with Aardekapp OÜ to acquire additional 15% holding (82,500 shares) in Connecto Eesti AS, which designs, builds and maintains electrical, gas and telecommunications…

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Merko Ehitus: Construction contract in Estonia (Liivalaia quarter in Tallinn)

21.02.2022
Merko Ehitus

On 18 February 2022, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Tiigiveski Arendus, part of AS Kapitel group, have entered into a contract to perform above-grade construction works of Liivalaia quarter, renamed Arter quarter at…

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Swedbank: Labour market is tightening in Estonia

17.02.2022
Swedbank

Labor shortages are severe, especially in construction. Wage growth will accelerate this year. The net salary of Swedbank’s customers has increased by 8 percent year-on-year in recent months. The unemployment rate fell from 5.7% in the third quarter to 5.2%…

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Merko Ehitus: Construction contract in Estonia (Pelgulinna State gymnasium in Tallinn)

15.02.2022
Merko Ehitus

On 15 February 2022, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Riigi Kinnisvara AS entered into a contract for the construction of Pelgulinna State gymnasium at Kolde Av 67a, Tallinn. The contract includes construction of a…

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Nordecon: 2021 IV quarter and 12 months consolidated interim report (unaudited)

10.02.2022
Nordecon

The key words for 2021 are the rapid recovery of the construction market volumes that fell in 2020 and the sharp rise in input prices, which put strong pressure on the cost of previously concluded long-term construction contracts. The whole…

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Swedbank: Inflation super rapid in December in Estonia

10.01.2022
Swedbank

Prices increased by 12.2%, over the year, in December. Inflation reached 12% last time in the 1990s. More than half of the price increase came from higher energy prices, mainly electricity. The rise in consumer prices is expected to accelerate…

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Merko Ehitus: Construction contract termination in Estonia (hotel building in Tallinn)

14.12.2021
Merko Ehitus

The construction contract for building a hotel at Tartu mnt 49, entered into on February 12, 2020, between AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and GVP Invest Estonia OÜ was terminated by agreement of the parties.…

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Merko Ehitus: Construction contract in Estonia (Defence Forces’ buildings in Taara campus)

02.12.2021
Merko Ehitus

In 2 December 2021, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Centre for Defence Investment signed a contract for the construction and repair works at the Taara armed forces campus situated in Võru. The contract includes…

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Swedbank: Estonia: robust demand contributes to the economic growth

30.11.2021
Swedbank

GDP expanded 8.6% y/y and 0.7% q/q (swda) in 3Q – the growth met our expectations. GDP has increased 8.5% y/y in the first three quarters of 2021. In 3Q, more than half of the GDP growth came from four…

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Swedbank: Labour shortages hamper growth in Estonia

15.11.2021
Swedbank

The crisis is receding in the labour market. The unemployment rate declined to 5.7% in the third quarter. The unemployment rate is still relatively high, but the lack of suitable labour is a growing concern. 40-50% of employers report labour…

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