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ARC: Arco Ehitus OÜ concluded a design and construction agreement

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Arco Vara                    Company Announcement                     23.11.2010

Arco Ehitus OÜ concluded a design and construction agreement

Arco Ehitus OÜ, a 100% subsidiary of Arco Vara AS with joint partners Wesico
Project OÜ and YIT Ehitus AS, signed an agreement to design and construct
drinking water system and drainage pipe system of Jõgeva and Puurmanni parish,
basin of rivers Põltsamaa and Pedja. 
Contract volume is 44,17 mln kroons (2,8 mln euros) excluding VAT.
The realization period for the works is 17 months.

Arco Vara is one of the leading property development companies in the Baltic
countries. The main activity of the company is property development, supported
by real estate brokerage and valuation, construction and property management.
The company has offices in 17 cities in Estonia, Latvia, Ukraine and Bulgaria.
The group employs approx. 160 people. 

1 EUR=15.6466 EEK 

Lembit Tampere
Member of the Management Board
Tel: +372 614 4630
[email protected]
www.arcorealestate.com