Uudiste arhiiv

Nordecon: Information on the sale of subsidiary

08.11.2023 Adaur.ee

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…

Hepsor: Hepsor AS subsidiary acquired new properties in Rae Parish

06.11.2023 Adaur.ee

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…

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

02.11.2023 Adaur.ee

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…

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

01.11.2023 Adaur.ee

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.…

Swedbank: Estonia: the economic recession is receding gradually

30.10.2023 Adaur.ee

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…

Baltic Horizon Fund: registration of listing prospectus

18.10.2023 Adaur.ee

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…

Merko: Construction contract in Estonia (Metec factory building)

16.10.2023 Adaur.ee

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.…

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

06.10.2023 Adaur.ee

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.…

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

06.10.2023 Adaur.ee

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…

Merko: Division of the group’s Estonian subsidiary

06.10.2023 Adaur.ee

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…

Nordecon: Construction contract (Storage facilities in Ida-Virumaa)

02.10.2023 Adaur.ee

Nordecon AS and Estonian Centre for Defence Investments have signed a contract for the design and construction of storage facilities in Ida-Virumaa. The total cost of the contract is approximately 9.7 million euros including VAT, and the works will be…

Nordecon: Public procurement preferred bidder announcement (Construction of Loodusmaja)

02.10.2023 Adaur.ee

The tender of Nordecon AS was declared successful in the public procurement for construction of Loodusmaja (Environment Building). Nordecon and Riigi Kinnisvara AS can conclude a contract after expiration of 14-day contestation period. The value of Nordecon’s offer is 54.3…

Nordecon: Construction contract (Kilingi-Nõmme joint building of the Police and Border Guard Board and Estonian Rescue Board)

29.09.2023 Adaur.ee

AS Nordecon group company Embach Ehitus OÜ and Riigi Kinnisvara AS (State Real Estate Ltd) signed a contract for the construction of the joint building of the Police and Border Guard Board and Rescue Board in Kilingi-Nõmme. The premises of…

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

04.09.2023 Adaur.ee

Arco Vara AS informs that the list of shareholders who are entitled to dividends shall be fixed on 8th of September 2023, as at the end of the working day of Nasdaq CSD Estonian Settlement System, and therefore the dividend…

Swedbank: Estonian economy has contracted six quarters in a row

01.09.2023 Adaur.ee

In Q2, Estonian GDP declined 2.9% y/y (non-adjusted) and 0.2% q/q (swda). GDP has contracted 3.3% in real terms in 1H 2023. The GDP decline has receded gradually, while the largest contraction remained in 4Q 2022. We forecast 2% GDP…

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