Uudiste arhiiv

Merko Ehitus: Construction contract in Lithuania (wind farm foundations in Telšiai)

15.09.2022 Adaur.ee

On 14 September 2022, a contract entered into force between UAB Merko statyba, part of AS Merko Ehitus group, and UAB “VEVP“, part of European Energy A/S group, for the construction of wind turbine foundations for the wind farm in…

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EfTEN: EfTEN United Property Fund unaudited financial results for the 1st half-year and 2nd quarter of 2022

31.08.2022 Adaur.ee

The EfTEN United Property Fund earned 981 thousand euros in revenue and 848 thousand euros in net profit in the first six months of 2022. The fund’s equity capital was 26.9 million euros as of the end of June. The fund’s…

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Nordecon: Change in management board of group subsidiary

26.08.2022 Adaur.ee

Supervisory board of Nordecon Betoon OÜ, a 52% subsidiary of Nordecon AS decided on its meeting held on 25 August 2022 to recall Magnus Velling as a member of the management board of Nordecon Betoon OÜ and to appoint Priit…

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Baltic Horizon Fund: extension of Euroclear agreement until 11 November 2022

12.08.2022 Adaur.ee

Northern Horizon Capital AS („Northern Horizon“) notified on 2 August 2022 about request to Euroclear Sweden AB („Euroclear Sweden“) for an extension of the agreement concerning Euroclear Sweden’s services (https://view.news.eu.nasdaq.com/view?id=b6bbf6c23d546ce6aaaa5d0c64aca7a2e&lang=en). Euroclear Sweden has today informed Northern Horizon that the request…

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Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for H1 2022

09.08.2022 Adaur.ee

Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the six months of 2022. Distributions to unitholders for Q1 2022 and Q2 2022 Fund results On 28…

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Nordecon: 2022 II quarter and 6 months consolidated interim report (unaudited)

04.08.2022 Adaur.ee

Despite the continued difficult external environment, the second quarter and first half of 2022 were overall profitable for the group. The increase in sales revenue also continued, which is largely based on the fulfillment of construction contracts concluded in previous…

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Merko Ehitus: 2022 6 months and II quarter consolidated unaudited interim report

04.08.2022 Adaur.ee

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue was EUR 88 million in Q2 2022, and EUR 156 million in H1 2022, while the respective figures for net profit were EUR 4.2 million and EUR 7.2 million. This year, Merko has delivered…

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Baltic Horizon Fund: update concerning alternative solution for Swedish traded units

03.08.2022 Adaur.ee

Northern Horizon Capital AS („Northern Horizon”) notified on 29 September 2021 regarding the termination of the affiliation agreement with Euroclear Sweden AB („Euroclear Sweden“) for keeping Baltic Horizon Fund units („Units“) registered with its book entry system in Sweden due…

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Merko Ehitus: Going to court with the Salaspils contract dispute (Riga, Latvia)

01.08.2022 Adaur.ee

After several attempts to resolve the differences in interpretation of the Salaspils kindergarten construction contract via negotiations with Salaspils County Council, SIA Merks, part of AS Merko Ehitus group, has submitted application to court of economic affairs for dispute resolution.…

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EfTEN: Net asset value of the EfTEN United Property Fund as of 31.05.2022

30.06.2022 Adaur.ee

The net asset value per unit (NAV) of the EfTEN United Property Fund was 10.63 euros as of 31.05.2022, increasing by 0.1% during the month. Of the fund’s largest investments, the value of the EfTEN Kinnisvarafond II and the Menulio…

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Merko Ehitus: Start of the construction of the third stage of Merks Viesturdārzs residential project (Riga, Latvia)

20.06.2022 Adaur.ee

SIA Merks Mājas, part of AS Merko Ehitus group, has started the construction of the third stage of Merks Viesturdārzs residential project in the city centre of Riga. Articulated building of five to seven storeys at Rūpniecības St. 33 with…

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Merko Ehitus: Start of the construction of the first stage of Merks Magnolijas residential project (Riga, Latvia)

15.06.2022 Adaur.ee

SIA Merks Mājas, part of AS Merko Ehitus group, has started the construction of the first stage of Merks Magnolijas residential project in Pārdaugava area in Riga. Two three-storey buildings at Skrines St. 6 and 8 with 96 apartments will…

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Baltic Horizon: Baltic Horizon Fund general meeting of unit-holders and a notice to convene a new general meeting of unitholders

08.06.2022 Adaur.ee

Annual General Meeting of Baltic Horizon Fund investors took place on 7 June 2022 in Tallinn, Estonia. Proposed agenda of the meeting was the following: Presentation of the FY2021 audited annual report of Baltic Horizon Fund, and interim report of…

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Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for I Quarter and 3 Months of 2022 (Unaudited)

23.05.2022 Adaur.ee

MANAGEMENT REPORT CEO summary The first quarter of 2022 has been an atypical one. The Ukraine war started in February caused some concerns due to the geopolitical risks perceived in the area. However, after the initial (and understandable) concerns, the…

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

17.05.2022 Adaur.ee

Northern Horizon Capital AS invites Baltic Horizon Fund unit-holders to attend an annual General Meeting on 7 June 2022 at 14:00 (local Estonian time) at the office of Northern Horizon Capital AS at Tornimäe 2, 24th floor, 10145 Tallinn, Estonia.…

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