Uudiste arhiiv

 

Merko: 2024 12 months and IV quarter consolidated unaudited interim report

07.02.2025

COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of EUR 160.4 million and net profit of EUR 19.9 million in Q4 of 2024. The respective figures for the entire year 2024 were EUR 539 million and EUR 64.7 million. Approximately 90%…

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Nordecon: 2024 IV quarter and 12 months consolidated interim report (unaudited)

06.02.2025
Nordecon

The year 2024 was successful for the Nordecon Group. Profitability improved significantly, and revenue increased. The general contracting market remains highly competitive, and developers’ confidence is low. No change is expected in the volume of public sector orders for the…

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EfTEN: Construction of the second phase of the “Tartu Südamekodu” elderly care home in Tartu County

21.01.2025
EfTEN Real Estate Fund

Last year, EfTEN Ermi OÜ, a 100% subsidiary of EfTEN Real Estate Fund AS, in cooperation with the operator Tartu Südamekodu OÜ has completed the construction of the 120-bed elderly care home on the land used under building rights at…

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Baltic Horizon: On 19 December 2024, the Estonian Financial Supervision and Resolution Authority (FSA) made a decision to issue a precept to Northern Horizon Capital AS based on an on-site inspection

23.12.2024
Baltic Horizon Fund

In May 2024, the Estonian FSA performed an on-site inspection, assessing the internal control system of Northern Horizon Capital AS and the implementation of measures to prevent and mitigate conflicts of interest. On 19 December 2024, the Estonian FSA issued…

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Infortar: The subsidiary of Aktsiaselts Infortar is starting a new development project in Lasnamäe

17.12.2024
Infortar

The subsidiary of Aktsiaselts Infortar, INF Mustakivi OÜ, along with OÜ T-Bumani and Depo DIY EE OÜ, signed a construction agreement and a property lease agreement for the development of a Depo (DIY Store) in Lasnamäe. As part of the…

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EfTEN: Subsidiary of EfTEN Real Estate Fund AS acquired the ICONFIT production and warehouse

21.11.2024
EfTEN Real Estate Fund

Today, 21.11.2024, EfTEN Paemurru OÜ OÜ finalized the transaction by which the company acquired the property located on Paemurru tee 3, Laabi village, Harju County, Harku Municipality, near Tallinn.    Previously (30.09.2024), the fund has notified the stock exchange of…

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Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for III Quarter and 9 Months of 2024 (Unaudited)

15.11.2024
Pro Kapital

MANAGEMENT REPORT Real Estate Development In 2024, we are continuing the construction and sales activities of the last stage of Kalaranna 8, Tallinn. The final stage consists of 4 residential buildings with 146 apartments and 4 commercial units which, upon…

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Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for Q1-Q3 2024

08.11.2024
Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the nine months of 2024. Our strategic ambitions Over the past year, our focus has been on reshaping our strategy to…

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Nordecon: 2024 III quarter and 9 months consolidated interim report (unaudited)

07.11.2024
Nordecon

In the third quarter of this year, the downward trend in the construction market did not experience a significant shift. Forward-looking indicators that characterize both the construction market and the broader macroeconomic environment are contradictory, making it difficult to predict…

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Merko: 2024 9 months and III quarter consolidated unaudited interim report

07.11.2024

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 9 months of 2024 was EUR 379 million and net profit was EUR 44.8 million. Third-quarter revenue was EUR 175 million; net profit EUR 27.3 million. Sales of construction services made up…

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Merko: Construction contract in Estonia (Tartu National Defence House)

06.11.2024

On 6 November 2024, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and the Estonian Centre for Defence Investment signed a design-and-build construction contract for the construction of a National Defence House in the defence forces Raadi campus…

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EfTEN: Subsidiary of EfTEN Real Estate Fund AS acquired the ELP Logistics OÜ logistics center

18.10.2024
EfTEN Real Estate Fund

On 17.10.2024, EfTEN Härgmäe OÜ finalized the transaction by which the company acquired the properties located at Härgmäe Str. 8 and Piimamehe Str. 7 in Tallinn from the Conus Assets OÜ. Previously (20.09.2024), the fund has notified the stock exchange…

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Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for H1 2024

09.08.2024
Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2024. Our strategic ambitions Over the past year, our focus has been on reshaping our strategy to…

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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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