EEK

The following pages are all related to the tag EEK.

Investment Strategies for Estonia

As a growing EU economy, Estonia still has much to offer foreign buyers seeking stable gains on their investments. Esto...
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Estonia Property Buyers Guide

As a foreigner, it is important to be aware of the purchase procedure when buying property in Estonia. Below is an acco...
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Area Guide to Estonia

When contemplating purchasing a property in Estonia, there are a number of things to consider prior to making the final ...
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Estonia Facts and Figures

Knowledge of the country you plan to invest in is important prior to purchasing there. Below we have gathered some infor...
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The value of real estate transactions down by 45 pct in the Q4 yoy

In the Q4 of 2008 the value of real estate transactions was EEK 7.681 bln, which is 45 pct less than in the Q4 of 2004, ...
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Estonian development fund lost nearly EEK 200 mln

Estonian Development Fund lost nearly EEK 200 mln from the beginning of the year, since no one did anything with the a...
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Real estate developer has huge tax debt

Estonian real estate developer AS Fausto that is mainly owned by businessman Kenneth Karpov is having tax arrears in amo...
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Arco Vara refinanced loan for Latvian project

Bišumuišas nami SIA that is a 40 pct joint venture of Arco Group, refinanced in Nordea bank BM-2 project land acquisitio...
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Estonian government loses hope to sell 1.5 billion worth of property

It has now become clear that the government will not reach its target to sell 1.5 billion kroons worth of state property...
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Estonian government to take additional EEK 7.4 bln from taxpayers

An extraordinary cabinet meeting yesterday made the decision on VAT increase and in principle endorsed the additional dr...
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Flebu Eesti to invest EEK 50 mln in Estonia

Estonian industrial group Flebu is building a new production plant in the Rae municipality near Tallinn for 50 mln kroon...
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OEG opened 23rd Olympic Casino in Ukraine

Ukrainian subsidiary of Olympic Entertainment Group (OEG) opened country's 23rd Olympic Casino investing more than EEK...
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Estonian Finance Ministry wants to raise gambling tax

According to the Estonian Ministry of Finanace, the tax rate on slot machines would rise from EEK 7,000 to EEK 10,000......
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Real estate agency: state overvalues real estate

Having in mind the current economic situation in Estonia, also the business plans with great solutions will face diffi...
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Arco Vara invests over EEK 100 mln in Bulgaria

Estonian real estate develoer Arco Vara signed construction contract in development project “Manastirski” in Sofia. To...
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Property developer TPD loses EEK 6.5 mln in first half

Trigon Property Development that belongs to investment banker Joakim Helenius says its first-half result was a loss of E...
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Estonian housing loan market back in 2005

In the second quarter Estonian banks issued EEK 7.2 bln in housing loans which is the same as in the second half of 20...
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Tallinn-Helsinki railroad tunnel to cost EEK 15 bln

Mayor of Helsinki, Jussi Pajunen, said that establishing railroad tunnel between Tallinn and Helsinki costs at least EUR...
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Government to raise VAT rate for repairing state budget

Estonian government is about to make an unpopular decision which would raise the the goods’ current 5 pct VAT rate to 9 ...
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