Uudiste arhiiv

 

Swedbank: Estonia’s updated 3Q GDP indicates a worse-than-expected outlook

01.12.2023
Swedbank

In Q3 2023, Estonia’s GDP dropped 3.9% y/y (non-adjusted) and 1.3% q/q (swda) in real terms, according to Statistics Estonia. In nominal terms, GDP growth slowed to only 1.2% y/y. Statistics Estonia substantially revised down (by 1.5 pp) its 3Q…

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Merko: Construction contract in Estonia (Arter quarter rental premises)

28.11.2023

In November 2023 entered into force the additional works agreement signed between AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Arter Kinnisvara OÜ, part of AS Kapitel group, supplementing the Arter quarter construction contract. According to the…

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Merko: Construction contract in Estonia (Rail Baltica road viaducts in Harjumaa)

16.11.2023

On 16 November 2023, Tallinna Teede AS, part of AS Merko Ehitus group, and Estonian Transport Administration entered into a contract to perform construction works of two Rail Baltica road viaducts in Harjumaa. The contract includes the construction of the…

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Baltic Horizon: Baltic Horizon Fund General Meeting – notice to investors

15.11.2023
Baltic Horizon Fund

Northern Horizon Capital AS invites Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) to attend an extraordinary General Meeting (hereinafter the “General Meeting”) of Baltic Horizon Fund on 6 December 2023 at…

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Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for Q1-Q3 2023

08.11.2023
Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the first nine months of 2023. Leasing activity Throughout Q1-Q3 2023, the Fund secured lease extensions with anchor…

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Nordecon: Information on the sale of subsidiary

08.11.2023
Nordecon

At the 7 November 2023 meeting of the supervisory board of Nordecon AS (hereinafter the “Company”), it was decided that the Company’s 52% majority holding in OÜ Nordecon Betoon (hereinafter also the “Private Limited Company”) will be sold in full…

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Hepsor: Hepsor AS subsidiary acquired new properties in Rae Parish

06.11.2023
Hepsor

On November 3, 2023, the subsidiary of Hepsor AS, Hepsor VT49 OÜ, acquired two properties located at the following addresses: Harju County, Rae Parish, Peetri Village, Kodu tee 9a, and Harju County, Rae Parish, Peetri Village, Vana-Tartu mnt 49. The…

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Nordecon: 2023 III quarter and 9 months consolidated interim report (unaudited)

02.11.2023
Nordecon

Economic environment The rapid changes in the construction market due to the economic environment have continued, complicating the growth plans of companies and other related industries in the sector, and limiting their courage to act. Coping with difficult circumstances and…

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Merko: Construction contract in Estonia (barracks in Ämari campus of the Defence Forces)

01.11.2023

On 31 October 2023, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, signed a contract with the Centre for Defence Investment for the construction of barracks in the Ämari military campus of the Defence Forces in Harju county.…

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Swedbank: Estonia: the economic recession is receding gradually

30.10.2023
Swedbank

In Q3, GDP dropped 2.5% y/y in real terms and remained on the same level compared with the previous quarter (swda), according to the flash estimate of Statistics Estonia. The GDP flash estimate was close to our expectations. Estonian GDP…

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Baltic Horizon Fund: registration of listing prospectus

18.10.2023
Baltic Horizon Fund

Baltic Horizon Fund announced on 8 May 2023 of completion of the non-public subscription of 5-year bonds worth EUR 42 million and the intention to list the bonds on Nasdaq Tallinn stock exchange. On 1 August 2023 Baltic Horizon Fund…

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Merko: Construction contract in Estonia (Metec factory building)

16.10.2023

On 16 October 2023, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Jalaka Kinnisvara OÜ, part of OÜ Ritola group, entered into an additional works agreement, which supplemented the contract for the construction of a factory building.…

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Merko: Prolongation of powers of the Management Board of a group’s subsidiary

06.10.2023

The Supervisory Board of AS Merko Ehitus Eesti, part of AS Merko Ehitus group, decided to extend the powers of the Members of the Management Board, Mr. Jaan Mäe and Mr. Veljo Viitmann from 1 January 2024 for three years.…

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Merko: Construction contract in Estonia (II stage of Hyatt hotel building in Tallinn)

06.10.2023

On 5 October 2023, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Estma HPT OÜ entered into a contract for the construction of the second stage of hotel and office building located at Sadama 4, Tallinn. The…

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Merko: Division of the group’s Estonian subsidiary

06.10.2023

On October 5, Merko Ehitus group’s 100% subsidiaries OÜ Merko Kodud and AS Merko Ehitus Eesti signed a division agreement, according to which real estate development activities along with the corresponding assets and liabilities will be transferred to OÜ Merko…

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