Observer Eesti Oü

WEEK 27th 2003

Friday, 4th of July, 2003

The share of Merko Ehitus reached a new record
Yesterday the share of a construction company Merko Ehitus reached a new all-time record. The share increased its EEK 334 000 profit margin by 1,35% to EEK 117,35 per share. In years the share value increased by 45%, which means that the assets of Merko Ehitus share holders increased by 445 million kroons.

Norma share reached its 5,5 year record
Norma, which since the beginning of the year tripled the assets of shareholders, reached a 5,5 year record and the analytics say that the share of Norma presents one of the interesting offers on the Stock Exchange. Yesterday the share closed on EEK 50,58, which is the highest price since January 8th, 1998. Since the beginning of the year the share rose by 27%.

EKI sees export growth
According to Estonian Conjectural Institute, in 2003 Estonian enterprises will export 14% more of goods, which is by 8 billion kroons more than the year before. Institute predicts that export capacity will constitute to 65 billion kroons and inmport will make up to 86 billion kroons. In comparison with the last year export should grow by 14%.

Thursday, 3rd of July, 2003

News in one sentence
Hansapank Grupp ordered from Setec 350 000 Visa EMV cards for its three Baltic States. The company plans to deliver the cards this summer, informed Setec.
(Eesti Päevaleht)

Wednesday, 2nd of July, 2003

Successful ice cream producer wants to get to the Western market instead of going to the Stock Exchange
In spite of the fact that ice cream producer Balbiino with continuously improving its results could easily trade on the Stock Exchange it is not it the plans yet. Last year turnover of Balbiino was EEK 200 million and the profit stood at 13,4 million kroons. This year the turnover of the group grew even more. Balbiino director, Riho Niils says that good weather positively influences ice cream sales, just as they improved the sales of Saku Brewery. He adds that Estonian market becomes to small and the future strategies of Balbiino include going to the Western markets and even Russia.

Monday, 30th of June, 2003

The share of Eesti Telekom broke the EEK 110 margin
On Friday the share of Eesti Telekom raised over 110 kroons and the interest of foreign investors towards the company may increase the value of Eesti Telekom shares even more. On Friday the share of Eesti Telekom closed on 110.78 kroons. During the last three months the price of a share grew by almost three times. Member of Supreme management board, Sten Sumberg admitted that he will not be very surprised if the price of the share raises to 7.5 Euros or 117.35 kroons.

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