Uudiste arhiiv

Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for IV Quarter and 12 Months of 2021 (Unaudited)

01.03.2022 Tõnu Toompark

MANAGEMENT REPORT Chairman’s summary The fourth quarter of 2021 has confirmed the positive trend seen in the previous quarter. The overall market is healthy and we are seeing a solid and steady demand for our projects. The construction market still…

Merko Ehitus: Construction contract in Estonia (Liivalaia quarter in Tallinn)

21.02.2022 Tõnu Toompark

On 18 February 2022, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Tiigiveski Arendus, part of AS Kapitel group, have entered into a contract to perform above-grade construction works of Liivalaia quarter, renamed Arter quarter at…

Arco Vara: Unaudited consolidated interim report for Q4 and 12 months of 2021

17.02.2022 Tõnu Toompark

GROUP CEO’S REVIEW Due to the cyclical nature of real estate development, Q4 of 2021 had a predictably low sales volume and the focus was on preparing new projects. Across 12 months, the current team of Arco Vara has raised…

Merko Ehitus: 2021 12 months and IV quarter consolidated unaudited interim report

10.02.2022 Tõnu Toompark

COMMENTARY FROM MANAGEMENT Fourth-quarter revenue for Merko Ehitus was EUR 112.8 million and net profit for the same period was EUR 13.9 million. The revenue for the 12 months of 2021 grew by 7% compared to the previous year to…

Nordecon: 2021 IV quarter and 12 months consolidated interim report (unaudited)

10.02.2022 Tõnu Toompark

The key words for 2021 are the rapid recovery of the construction market volumes that fell in 2020 and the sharp rise in input prices, which put strong pressure on the cost of previously concluded long-term construction contracts. The whole…

Nordecon: Construction contract (Uus-Järveküla housing estate)

19.01.2022 Tõnu Toompark

Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company entered into a contract with Tohvri-Kivi OÜ, an Invego Group company for the design and construction of the Uus-Järveküla housing estate in Rae parish. 28 terraced houses and eight semi-detached…

Hepsor: Subsidiary of Hepsor AS to acquire a commercial property development project in Latvia

17.01.2022 Tõnu Toompark

On 28 December 2021 Hepsor Latvia OÜ, a subsidiary of Hepsor AS, signed a contract under law of obligation to acquire a property of 30,624 m2 in Ganibu Dambis 17A, City of Riga. The property has 13 buildings of different…

Hepsor: Subsidiary of Hepsor AS to acquire a commercial property development project in Latvia

30.12.2021 Tõnu Toompark

On 28 December 2021 Hepsor Latvia OÜ, a subsidiary of Hepsor AS, signed a contract under law of obligation to acquire a property of 30,624 m2 in Ganibu Dambis 17A, City of Riga. The property has 13 buildings of different…

Hepsor: Conclusion of contract under law of obligations

16.12.2021 Tõnu Toompark

On 15 December 2021, Hepsor N170 OÜ, an associated company of Hepsor AS, and Lumipood OÜ signed a sale-purchase agreement for the sale of approximately 1,500 square meters of commercial space. Rental agreement for the commercial space located on the…

Swedbank: Prices increase more than wages in Estonia

08.12.2021 Tõnu Toompark

Annual inflation reached 8.8% in November. The prices of energy and food contributed the most. Price growth is likely to accelerate further in December. The rise in prices is expected to decelerate next spring. Inflation picked up as expected. Inflation…

Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for III Quarter and 9 Months of 2021 (Unaudited)

15.11.2021 Tõnu Toompark

MANAGEMENT REPORT CEO summary The third quarter of this year has been very dynamic, with amazing results in sales activities and exceeding expectations when signing presale agreements, but it has been also challenging in development activities due to changes in…

Swedbank: Inflation accelerated in October

05.11.2021 Tõnu Toompark

In October, consumer prices increased by 7.0%, over the year, in Estonia. Around half of the increase in prices came from more expensive energy. Wages and pensions have risen as much as prices so far. Higher prices have not yet…

Nordecon: 2021 III quarter and 9 months consolidated interim report (unaudited)

04.11.2021 Tõnu Toompark

Despite the ongoing impact of the COVID-19 pandemic and turbulence in the economy, the Group’s efforts have borne fruit and the profitability in the third quarter was comparable to the same period in 2020. However, rising input prices and supply…

Arco Vara: Unaudited consolidated interim report for Q3 and 9 months of 2021

28.10.2021 Tõnu Toompark

Group CEO’s review The third quarter of 2021 brought exciting times in the history of Arco Vara: not a single apartment that wouldn’t be pre-sold was left, the share price showed record highs and the new share issue was very…

Swedbank: Inflation accelerated further in Estonia

07.10.2021 Tõnu Toompark

In September, consumer prices increased by 6.6%, over the year. 60% of the increase in prices came from energy products, especially more expensive electricity and motor fuels. Wages and pensions have risen at least as much as prices. Higher prices…

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