Uudiste arhiiv

 

Swedbank: Estonian economy: still weak, but it is improving gradually

01.11.2024
Swedbank

In Q3 2024, Estonian GDP dropped 0.7% y/y in real terms, while it increased 0.1% q/q (seasonally and working day adjusted – swda), according to the flash estimate of Statistics Estonia. The estimate met our expectations. Estonia has left economic…

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Arco Vara: Unaudited consolidated interim report for Q3 and 9 months of 2024

24.10.2024
Arco Vara

GROUP CEO’S REVIEW The third quarter of 2024 marked a turning point for the Estonian real estate market, which showed signs of stabilization and gradual recovery after a prolonged period of decline. Lowered base interest rates and decreased Euribor had…

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Nordecon: Public procurement preferred bidder announcement (Estonian Public Broadcasting new TV building)

16.10.2024
Nordecon

Riigi Kinnisvara AS has made a decision today regarding the public procurement for “Construction works of the new Estonian Public Broadcasting TV Building,” declaring the bid submitted by Nordecon AS, with a value of 40.1 million euros (including reserve, excluding…

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Hepsor: Hepsor starts in Toronto with a new Brownville Avenue residential development

04.10.2024
Hepsor

Hepsor, together with its partner Elysium Investments, has acquired a development project consisting of 17 properties in Toronto in Brownville Avenue. The development area is planned to feature a high-rise building with rental apartments, which will help alleviate Toronto’s growing…

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Merko: Adjustments to the structure of the group

26.09.2024

On September 25, Merko Ehitus group’s 100% subsidiaries OÜ Merko Ehitus Ventures and AS Merko Ehitus Eesti signed an agreement, according to which 50% of the share in AS Connecto Eesti, so far owned by Merko Ehitus Eesti, will be…

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

24.09.2024
EfTEN Real Estate Fund

The Management Board of EfTEN Real Estate Fund AS (registry code 12864036; seat Tallinn, A. Lauteri 5) calls the extraordinary general meeting of shareholders on 16 October 2024 at 15:00. Venue of the general meeting: Radisson Collection Hotel second floor conference centre hall…

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Nordecon: Construction contract (Apartment building in Ovruch, Ukraine)

18.09.2024
Nordecon

Nordecon AS, together with its subsidiary Eurocon Ukraine TOV as joint bidders, and the Estonian Centre for International Development (ESTDEV) have signed a construction contract for the reconstruction of a building into an apartment complex for internally displaced persons in…

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Baltic Horizon: Baltic Horizon Fund closes private placement of new units

16.09.2024
Baltic Horizon Fund

Northern Horizon Capital AS, the management company of Baltic Horizon Fund, raised EUR 6.29 million in private placement. The private placement, mainly targeting institutional investors in select European countries, took place under the resolution taken by the general meeting of…

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Hepsor: Hepsor Expands in Toronto With a New High Park Residential Development

12.09.2024
Hepsor

Hepsor, together with its partner Elysium Investments, has acquired a development project consisting of 11 properties in downtown Toronto’s High Park area. High Park is one of Toronto’s most sought-after residential areas, offering abundant greenery, excellent recreational opportunities, and convenient…

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Arco Vara: Dividend payment ex-date of Arco Vara AS

03.09.2024
Arco Vara

Arco Vara AS informs that the list of shareholders who are entitled to dividends shall be fixed on 6th of September 2024, as at the end of the working day of Nasdaq CSD Estonian Settlement System, and therefore the dividend…

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Swedbank: Estonian economy – still weak, but there are signs of improvement

02.09.2024
Swedbank

In Q2 2024, Estonian GDP dropped 1% y/y in real terms (seasonally non-adjusted) and it remained at the same level compared to the previous quarter (seasonally and working day adjusted – swda), according to the updated estimate of Statistics Estonia.…

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Hepsor: Hepsor AS Subsidiary to Build a Wooden Apartment Building in Central Tallinn

02.09.2024
Hepsor

Hepsor V7 OÜ, a subsidiary of Hepsor AS, acquired a property in the heart of Tallinn, at Võistluse 7, where it is planned to build a unique environmentally friendly wooden apartment building. A four-story apartment building is planned for development.…

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Arco Vara: Change in the boards of Arco Vara subsidiaries

26.08.2024
Arco Vara

The former CEO of Arco Vara AS, Miko-Ove Niinemäe, is leaving the Arco Vara group on 31.08.2024 and is no longer a member of the board of the group’s Estonian companies. As of September 1, 2024, Arco Vara AS’ new…

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Nordecon: 2024 II quarter and 6 months consolidated interim report (unaudited)

08.08.2024
Nordecon

In the first half of 2024, the construction market has experienced increasingly intense competition. Public sector orders remain low, and the pre-construction process in the private sector continues to be very lengthy. Analysts’ forecasts for economic growth in the coming…

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Merko: 2024 6 months and II quarter consolidated unaudited interim report

08.08.2024

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 6 months of 2024 was EUR 204 million and net profit was EUR 17.5 million. Second-quarter revenue was EUR 122 million; net profit, EUR 13.1 million. The lower volumes from real estate…

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