Announcement View
Company Arco Vara AS
Type Company Release
Category Other corporate action
Publicize date 29 Jun 2022 09:00:00 +0300
Languages
Kell English
Currency
Title Lauri Männiste was appointed the new manager of Arco Tarc OÜ
Content
As  of 28 June 2022, the Management Board of Arco Vara AS elected Lauri Männiste
as the new manager of Arco Tarc OÜ.

Lauri Männiste aims to develop Arco Tarc into a general contracting construction
company  of  high  professionalism.  The  first  object  of  Arco  Tarc  is  the
construction  of the residential  area of Kodulahe  Rannakalda, the construction
cost of which is planned to be 22 million euros.

Lauri Männiste studied industrial and Civil Engineering at Tallinn University of
Technology  and  has  a  Master's  degree  in Construction Technology. "My first
contact with the construction site was in Vilcon Ehitus. This was followed by 7
years  in various positions  at Nordecon AS,  leading the construction work. The
last  10 years have passed as a project  manager in Ramm Ehitus," said Männiste,
who  in the last position  also led the construction  of the first stages of the
Kodulahe residential area of Arco Vara.

The new manager owns 429 shares of Arco Vara AS.


Tiina Malm
CFO
Arco Vara AS
Tel: +372 614 4630
tiina.malm@arcovara.com