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 corporate action

Unique data record identifier

7716

Submission date and time

17.01.2020 14:21:55

Content of announcement in Estonian

Title

Arco Vara AS’i uus finantsjuht on Tiina Malm

Message

Arco  Vara AS'i  juhatus nimetas  grupi uueks  finantsjuhiks Tiina Malm'i. Tiina
Malm    (1981)   on   lõpetanud   Tallinna   Tehnikaülikooli   ärijuhtimise   ja
majandusarvestuse   eriala   ning  töötanud  aastatel  2005-2017 KPMG  Balticsis
vandeaudiitorina.  2017. aastast  alates  töötas  Tiina  Malm  Arco  Vara  grupi
pearaamatupidajana.

Arco Vara AS-i juhataja Tarmo Sild'i kommentaar:

"Arco  Vara kontsern uuendab oma juhtimismeeskonda ja juhtimisstruktuuri. Lisaks
Tiina  Malm'ile, kes on viimase kahe  aasta jooksul näidanud nii kompetentsi kui
energiat,  on plaanis esimese  poolaasta jooksul teha  vahetus kontserni üldjuhi
kohal.  Ettevalmistused  selleks  käivad.  Kontserni  aktsionärid  peavad samuti
valima  uue  nõukogu.  On  väga  mõeldav,  et kõik olulised muutused nõukogus ja
juhatuses  toimuvad aprillikuu jooksul koos 2019. a. aastaaruande kinnitamise ja
kasumi jaotamisega, kui üldkoosolek nii otsustab."


Evelin Kanter
Peajurist
Arco Vara AS
Tel: +372 614 4594
[email protected] (mailto:[email protected])
www.arcovara.com (http://www.arcovara.com)

Content of announcement in English

Title

Tiina Malm is the new Chief Financial Officer of Arco Vara AS

Message

The  Management Board of Arco Vara AS appointed Tiina Malm as the new CFO of the
Group.  Tiina Malm  (1981) graduated  from Tallinn  Technical University  with a
degree  in Business Administration and Accounting  and worked as a sworn auditor
at  KPMG  Baltics  from  2005-2017. Since  2017 Tiina  Malm  has worked as Chief
Accountant of Arco Vara Group.

Comments by Tarmo Sild, CEO of Arco Vara AS:

 "Arco  Vara Group is renewing its management team and structure. In addition to
Tiina Malm, who has shown both competence and energy over the past two years, we
are  planning to make changes to the  position of the general manager during the
first  half of the year. Preparations to do so are underway. The shareholders of
the  group must also elect a new  supervisory board. It is very conceivable that
all  significant changes in the Supervisory  Board and the Management Board will
occur  during April 2019, parallelly with the  approval of the annual report and
distribution of the profits if the general meeting so will decide."


Evelin Kanter
CLO
Arco Vara AS
Tel: +372 614 45630
[email protected] (mailto:[email protected])
www.arcovara.com (http://www.arcovara.com)