Market announcement

Arco Vara AS

Category

Other price sensitive information

Date

11.01.2008 12:41:59

Title

Arco Vara laiendab tegevust Rumeenias

Message

Arco Vara avab jaanuarist 2008 uue esinduse Rumeenias, Cluj nimelises linnas,
mis on kuues riigis tegutseva ettevõtte jaoks juba 30. esindus. 

"Cluj on Rumeenia üks kiirema majandusarenguga piirkondi, elanike arvuga ca 310
000 inimest," kommenteeris Arco Vara juhatuse liige ning teenindusdivisjoni
juht Avo Rõõmussaar. "Piirkonna kinnisvarasektor on viimase paari aasta jooksul
aktiivselt arenenud, aastase hinnakasvuga kuni 30%." 

Rumeenias alustas Arco Vara tegevust 2007. aasta alguses ning tegutseb täna
aktiivselt juba 4 piirkonnas - lisaks uuele kontorile Cluj´is ka Bukarestis,
Aradis ning Timisoaras. Arco Vara Rumeenia kontoreid opereerib Arco Real Estate
Consulting SRL, mis kuulub 100%-liselt Arco Vara grupile. 

2007. aastal avas Arco Vara kokku 6 uut esindust.

Arco Vara on 1992. aastal Eestis tegevust alustanud ja tänaseks Baltimaade
juhtivaks kasvanud kinnisvaraettevõte. Ettevõtte tegevus hõlmab nii kinnisvara
vahendus-, arendus- ja ehitustegevust kui ka investeeringute juhtimist ning
firmal on esindused 30 linnas Eestis, Lätis, Leedus, Ukrainas, Bulgaarias ja
Rumeenias. Grupis ja selle ühisettevõtetes töötas 200. aasta kolmanda kvartali
seisuga kokku 649 inimest. Arco Vara AS 2007.aasta 9 kuu konsolideeritud käive
moodustas 686.7 mln krooni (43.9 mln eurot) ning grupi puhaskasum 264.1 mln
krooni (16.9 mln eurot). Arco Vara aktsiad on noteeritud Tallinna Börsil.

Lisainfo:www.arcorealestate.com 


Kadri Mätik
turundus -ja kommunikatsioonijuht
Arco Vara grupp
Jõe 2B, Tallinn, 10151
+372 6144 590
+372 505 1239
www.arcorealestate.com

Title

Arco Vara expands its activities in Romania

Message

Arco Vara opens its new branch in Romania, Cluj, which is 30th office for the
company operating over 6 countries in Eastern Europe. 

“Cluj has one of the most dynamic economical developments in Romania, with
total inhabitants of approx. 310 000 people,” says the Member of Management
Board and Head of Services Division of the group, Avo Rõõmussaar. “Within the
last few years the local real estate sector has also been in active development
with overall annual price increase approx. 30%.” 

Arco Vara expanded to Romania in the beginning of 2007 and is today operating
in 4 regions of the country - besides the new Cluj office also in Bucharest,
Timisoara and Arad. The activities in Romania are operated by Arco Real Estate
Consulting SRL, a subsidiary of Arco Vara group. 

In 2007 Arco Vara group opened 6 new offices on its domestic markets.
 
Arco Vara started in 1992 as a real estate agency in Estonia and has become a
leading real estate group in the Baltic States undergoing a CEE expansion with
presence in Bulgaria, Romania and Ukraine. The company is operating in
brokerage, development and construction sectors, and has offices in 29 cities
across the Baltic's as well as Ukraine, Bulgaria and Romania. The group
employees over 600 people. The consolidated turnover of Arco Vara AS in 9
months of 2007 was 43,9mln EUR and net profit 16,9mln EUR. AS Arco Vara is a
public company, listed on Tallinn Stock Exchange. 

For further information about the company please visit
http://www.arcorealestate.com/. 


Additional information: 
Kadri Mätik
marketing/PR manager
Arco Vara group
+372 6144 590
+372 505 1239
Kadri.Matik@arcovara.ee
www.arcorealestate.com