Uudiste arhiiv

Swedbank: Estonia: prolonged GDP decline stopped in the Q4 2023

01.02.2024 Tõnu Toompark

In Q4 2023, Estonia’s GDP dropped 3.0% y/y in real terms and remained on the same level compared to the previous quarter (swda), according to the flash estimate of Statistics Estonia. Estonian GDP contracted 3.5% y/y (swda) and 3.4% (non-adjusted)…

Nordecon: Construction contract (Works in the Defence Force’s Central Training Area)

30.01.2024 Tõnu Toompark

AS Nordecon group company Tariston AS and Estonian Centre for Defence Investments signed a contract for the construction of the armoured manoeuvre shooting range and roads in the Defence Force’s Central Training Area in Harju County. The cost of the…

Swedbank: Affordability on the road to recovery

14.12.2023 Tõnu Toompark

Affordability continued to decline, but the bottom has been reached. Apartments still unaffordable in Tallinn and Vilnius. Interest rate burden remains heavy, but there are first signs of rates inching down. Housing affordability continued to decline in the third quarter…

Pro Kapital: Change in the business name and the articles of association of a subsidiary of AS Pro Kapital Grupp

14.12.2023 Tõnu Toompark

On 12 December 2023, the new business name of OÜ Ilmarise Kvartal, a subsidiary of AS Pro Kapital Grupp, was entered in the commercial register – OÜ PKE Treasury. The new wording of the articles of association in connection with…

Baltic Horizon: Baltic Horizon Fund general meeting of investors and a notice to convene a new general meeting of investors

06.12.2023 Tõnu Toompark

Baltic Horizon Fund

Extraordinary General Meeting (hereinafter the “General Meeting”) of Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) took place on 6 December 2023 in Tallinn, Estonia. Proposed agenda of the meeting was the…

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

04.12.2023 Tõnu Toompark

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

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

01.12.2023 Tõnu Toompark

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…

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

28.11.2023 Tõnu Toompark

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…

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

16.11.2023 Tõnu Toompark

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…

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

15.11.2023 Tõnu Toompark

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…

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

08.11.2023 Tõnu Toompark

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…

Nordecon: Information on the sale of subsidiary

08.11.2023 Tõnu Toompark

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 Tõnu Toompark

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 Tõnu Toompark

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 Tõnu Toompark

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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