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…
AS Nordecon group company Embach Ehitus OÜ entered into contract with Viljandi Aken ja Uks AS for the design and construction of the extension of the company’s production facilities in Raua str, Viljandi. A one-storey production area and a two-storey…
AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE) and Mapri Ehitus OÜ as joint bidders entered into contract with Porto Franco OÜ for the construction of the building III of Porto Franco real estate development in Kai street…
Nordecon AS and Centre of Defence Investments entered into a contract for the design and construction of storage facilities with associated utility networks in Harju County. The value of the contract is 9.8 million euros plus value added tax and…
Toomas Luman holds directly and indirectly via the companies controlled by him 70% of the shares in Nordic Contractors AS. On September 14, 2021 Nordic Contractors AS that holds 54.31% of the shares of Nordecon AS will transfer 650,000 shares…
Kodusadam OÜ, a joint venture of AS Merko Ehitus Eesti and AS BLRT Grupp, has decided to launch Allveelaeva development project in Noblessner seafront quarter, which comprises of one residential building with 148 apartments and 11 commercial premises. The residential…
The management board of Arco Vara AS (registry code 10261718, hereinafter the Company) proposed to adopt the below resolution of the shareholders without calling a general meeting. The notification of adoption of a resolution of the shareholders without calling a…
Registration of share capital reduction and disbursements On 10 September 2021, the share capital reduction of AS Trigon Property Development (registry code: 10106774; hereinafter the “Company”) was registered in the Estonian Commercial Register according to the resolutions adopted by the…
AS Pro Kapital Grupp informs that from 01.09.2021 Allan Remmelkoor is leaving the group after more than 20 years with the company to focus on other commercial real estate developments. “Allan has done outstanding work to develop our Estonian commercial…
Embach Ehitus OÜ, a Nordecon Group company entered into a contract with Kambja rural municipality government for the design and reconstruction of Ülenurme Gymnasium sports building. The value of the contract is close to 5.6 million euros plus value added…
On 26 August 2021, Peritus Entreprenør AS, part of AS Merko Ehitus group, and Tesla Norway AS entered into a contract for the design and construction of second stage of a Tesla service centre situated at Karihaugveien 100 in Oslo.…
This draft resolution of the shareholders of Arco Vara AS (registry code 10261718, hereinafter the Company) was sent to the shareholders of the Company on 26 August 2021 for the purpose of adopting the following resolution of the shareholders of the…
MANAGEMENT REPORT CEO summary 2021 has been a dynamic working period. We have continued with our ongoing developments, where we see remarkable results, but also had to face a setback as the decision of the Supreme Court terminated reorganisation proceedings…
The annual general meeting of shareholders of Arco Vara AS was held on 12 August 2021 in Maakri street 19/1 II floor, 10145 Tallinn, Estonia. The notice of calling the extraordinary general meeting was published in the information system of…
On 09.08.2021, the supervisory board of the fund adopted the resolution to not go ahead with the merger of EfTEN Real Estate Fund III AS and EfTEN Kinnisvarafond AS and gave the management board of the fund and the management…
