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

9987

Submission date and time

06.12.2022 09:00:00

Content of announcement in Estonian

Title

Arco Vara AS juhtkonna muutused

Message

2023. aasta algusest lahkub töölt senine Arco Vara AS arendusjuht Tiit Nõu.
Arendusjuhi ülesanded jagatakse restruktureerimise käigus ümber teistele
ametikohtadele. Tiit Nõu ülesandeid tütarettevõtete juhatustes asendavad Arco
Vara AS tegevjuht Miko-Ove Niinemäe ja jurist Evelin Kanter. Miko-Ove Niinemäe
ja Evelin Kanter on nüüdsest kõikide Arco Vara AS Eesti aktiivsete
tütarettevõtete juhatuse liikmed.

Arco Vara AS juhi Miko-Ove Niinemäe kommentaar: ?Oleme Tiit Nõule tänulikud
suure panuse eest Kodulahe Kvartali väljaarendamisse. Tema teadmiste pagas ning
arendusprojektide juhtimise oskus on olnud eeskujuks meile kõikidele. Soovime
talle nauditavat väljateenitud puhkust ning loodame temaga teha koostööd ka
tulevikus."

2. jaanuarist 2023. aastal hakkab Arco Vara AS-is tööle COO Sander Sisask.
Sisaski vastutusalasse jäävad peamiselt jooksev ettevõtte juhtimine, turundus
ning personaliküsimused.

?Arco Vara jätkab kasvu kursil ning tulevikuplaaniga klientidele kätte anda 200
uue kodu võtmed igal aastal. Seetõttu on ka täiendav personali kaasamine ja
juhtkonna laiendamine vajalik," kommenteeris Miko-Ove Niinemäe.


Tiina Malm
Finantsjuht
Arco Vara AS
+372 6144 630
[email protected]

Content of announcement in English

Title

Changes in management of Arco Vara AS

Message

At the start of 2023, the current head of development of Arco Vara AS Tiit Nõu
is leaving his position. The tasks of the head of development are redistributed
to other positions in the course of restructuring. The tasks of Tiit Nõu in
boards of the subsidiaries are substituted by CEO of Arco Vara AS Miko-Ove
Niinemäe and the lawyer Evelin Kanter. Miko-Ove Niinemäe and Evelin Kanter are
from now on board members of all active Estonian subsidiaries of Arco Vara AS.

CEO of Arco Vara Miko-Ove Niinemäe comments: "We are very grateful to Tiit Nõu
for his great contribution to the development of the Kodulahe quarter. His
extensive knowledge and skill of managing development projects has set an
example for us all. We wish him an enjoyable well-earned holiday and hope to
cooperate with him again in the future."

COO Sander Sisask will start work in Arco Vara AS on 2 January 2023. Sisask's
areas of responsibility will mostly be day-to-day management of the company,
marketing, and human resources.

"Arco Vara is continuing to grow and our plan for the future is to give our
customers access to 200 new homes every year. Therefore, we need to hire
additional staff and expand the management," Miko-Ove Niinemäe said.


Tiina Malm
CFO
Arco Vara AS
+372 614 4630
[email protected]