Starting March 2010, Taavi Ojala will become the Chief Financial Officer (CFO) and a member of the board of E.L.L. Real Estate, the property development company operating in Estonia, Latvia and Lithuania. The current CFO Katrin Mühls will become the finance director of Ektornet Management Estonia, a property management company in the Swedbank AB group.… Continue reading CFO Taavi Ojala is the new member of the management board of E.L.L. Real Estate
Viimsi Rural Municipality has terminated the rental agreement concluded with Karulaugu Kinnisvara OÜ, for the use of the Karulaugu Nursery and Primary School building completed in 2009 in Haabneeme, and has purchased the property from its previous owner. “We have worked very hard to terminate the lease and become owners instead, as this will be… Continue reading Viimsi Municipality has purchased the Karulaugu Nursery and Primary School building
AS Merko Ehitus has acquired the 100 percent holding in the company OÜ Tähelinna Kinnisvara, previously owned by AS E.L.L. Kinnisvara. The purchase price of the company was EEK 51.9 million, paid to the seller in full upon the transfer of the holding. The company Tähelinna Kinnisvara was established in 2001. Its principal activities are… Continue reading Merko Ehitus has acquired the holding in the company OÜ Tähelinna Kinnisvara
The Spice furniture and home goods center has changed its name to Spice Home, in order to strengthen its leading retailer position on the Riga home goods market. “Two years ago we launched a completely new retail concept in the Baltic countries, focusing on furniture and home goods. In these two years, the economic situation… Continue reading Spice Home – the new brand of the furniture and home goods center
E.L.L. Kinnisvara AS has sold its 100% holding in the subsidiary Duarte Group OÜ to the investment firm AS Kawe Group. Duarte Group OÜ developed and owns a production and warehouse building in the Rae industrial park, in Lehmja village in the Harju County. The building has a total area of 14 700 sq. m… Continue reading E.L.L. Kinnisvara has sold its holding in the subsidiary that owned a mattress production facility
On 1 September 2009, the new building of the Karulaugu Nursery and Primary School opened its doors, welcoming 290 children to the primary school and 144 children to the nursery. The brand-new building, located in Haabneeme, helps to significantly reduce the load of the Viimsi school which this year enrolled 170 kids in year one.… Continue reading Possession of the Karulaugu Nursery and Primary School transferred to the Viimsi municipality (13 Aug 2009). Karulaugu Nursery and Primary School Welcomes the First Children
The embassy block in central Vilnius has two new occupants – the embassies of Finland and Norway. The diplomatic mission of the Republic of Finland and the embassy of the Kingdom of Norway have relocated to the so-called Embassy House in the Naujamestis district of Vilnius. On 6 July 2009, the new premises were officially… Continue reading His Majesty the King of Norway and the Presidents of Finland and Lithuania officially opened new embassies in the Embassy House in Vilnius
Within the second year of its activity, Šiauliai Fashion and Leisure Centre Saules Miestasreached the turnover of 174 million Litas. In year 2007, starting from 14 March, the turnover came to 140 million Litas. Therefore, the average monthly turnover in year 2008 did not change and came to as much as 14,5 million Litas. Last… Continue reading Turnover of Saules Miestas centre reached 174 million Litas last year
On 18 December a modern leisure and shopping centre “Panorama” (opened in November) was awarded a gold medal in the competition “Lithuanian product of the year 2008” (organized for the 12th time) in the group of industry of constructions and building materials. From the point of view of constructions and engineering, the most complex shopping… Continue reading The first winner of 20 thousand litas check in „Panorama“
Impressive fireworks, a special Tabami project, games, competitions, and fashion shows – is how the new Panorama shopping and leisure centre, which opened Friday, greeted Vilnius during the entire weekend dedicated to its opening. The new attraction invited fans of jazz, fashion, games, and cinema, as well as enthusiasts of stylish clothing shops and new… Continue reading Panorama’s Opening: Lots of Music, Games and Art
E.L.L. Kinnisvara Panorama, modern leisure and shopping centre, to open on 7 November will offer Vilnius residents and guests alike over 170 places of commerce and service, with over twenty introduced for the first time in Lithuania. The shopping centre sits in Zverynas, adjacent to busy city streets and ranks among the biggest shopping centres… Continue reading Panorama, modern leisure and shopping centre to offer tens of brands of style
