Market announcement
Arco Vara AS
LEI code
097900BHCB0000066171
Size of the entity
Small group
Economic activities
Professional, Scientific and Technical Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
2389
Submission date and time
26.08.2009 17:47:41
Content of announcement in Estonian
Title
Arco Vara Puukool OÜ jagunemine
Message
18. augustil jõustus Arco Vara Puukool OÜ (Arco Vara tütarettevõte 100%) jagunemine eraldumise teel. Tehinguga eraldati Arco Vara põhitegevus kõrvaltegevusest, st kinnisvaraarendus metsataimede tootmisest. Eraldus ja registrisse kanti uus äriühing Arco Vara Ärikinnistute OÜ, mille 100% osanikuks on Arco Vara AS. Arco Vara Ärikinnistute OÜ-le kuulub Tartu linnas pool Turu tn 34a kinnistust. Arco Vara on Baltimaade üks juhtivaid kinnisvaraettevõtteid, opereerides ka Ukrainas ja Bulgaarias. Ettevõtte põhitegevuseks on kinnisvaraarendus, mida toetavad enda kinnisvarabürood, ehitusäri ja kinnisvarahaldus. Firmal on esindused 17 linnas ning grupis töötab ca 250 inimest. Arco Vara AS aktsiad on noteeritud Tallinna Börsil. Heigo Metsoja Finantsjuht Arco Vara AS phone: +372 614 4654 [email protected] http://www.arcorealestate.com
Content of announcement in English
Title
Division of Arco Vara Puukool OÜ
Message
The division of Arco Vara Puukool OÜ, a 100% subsidiary of Arco Vara, by separation entered into force on 18 August. This transaction separated the principal business of Arco Vara from its ancillary activities, i.e. property development from production of forestry plants. The newly separated entity, Arco Vara Ärikinnistute OÜ, being a 100% subsidiary of Arco Vara was filed with the commercial registry. Arco Vara Ärikinnistute OÜ owns in the city of Tartu one-half of the property situated in Tartu at Turu 34a. Arco Vara is one of the leading real estate developer in the Baltic's, operating also in Ukraine and Bulgaria. Core business is real estate development supported by brokerage network, construction arm and property management. The company has offices in 17 cities and employs ca 250 people. Arco Vara AS is listed on Tallinn Stock Exchange. Heigo Metsoja CFO Arco Vara AS phone: +372 614 4654 [email protected] http://www.arcorealestate.com