Observer Eesti Oü

WEEK 31st 2003

Thursday, 31st of July, 2003

New price record of Hansapank share
Yesterday, the price of Hansapank share broke a new record, reaching over the level of EEK 300. The assets of the founders of the bank Heldur Meerits, Toomas Sildmäe and Tiina Mõis increased by millions. During the last year, the price of Hansapank share has increased by EEK 114.
Heldur Meerits owns over 700,000 Hansapank shares in the value of EEK 212 million. The value of Toomas Sildmäe's Hansapank shares is over EEK 209 million. Tiina Mõis owns 535,000 Hansapank shares in the value of EEK 161 million.
(SL Õhtuleht)

Wednesday, 30th of July, 2003

Estiko managed to reach profit
Estiko's profit of the first six years reached up to EEK 11.6 million. During the first six years of 2002, Estiko earned EEK 4.2 million of loss. The unconsolidated unaudited turnover of the first six years of 2003 was EEK 100 million, which is 21% bigger than during the same period last year.
(Äripäev)

Starman reached profit
This year, the profit of the telecommunication company Starman reached up to EEK 6.6 million. Same period last year, Starman was in EEK 4.6 million of loss.
(Eesti Päevaleht)

Profit of BIG reached EEK 5 milion
The profit of Baltic Investments Group (BIG) reached up to EEK 5 million in the first six months of the year 2003. This year's profit is 25% bigger than the profit of the same period last year. Turnover of the company amounted to EEK 50.7 million, which is 14% more than same period last year.
(Estonija)

Tuesday, 29th of July, 2003

Eesti Loto received EEK 10 million of profit in the first six months
State-owned AS Eesti Loto (Estonian Lottery) received a profit of EEK 10 million with the turnover of EEK 83.5 million in the first six months. Profit exceeds last year's result by 20%. In six months, Eesti Loto has paid prizes in the value of EEK 42 million and EEK 10 million of gambling taxes.
(Postimees)

The amount of equalization reserve increased
This year, the amount of equalization reserve increased by EEK 136.2 million during the first six years. The amount of equalization reserve reached up to EEK 2.5 billion in market value by the end of June.
(Eesti Päevaleht)

Profit of Tartu Energia increased
This year, the group of Tartu Energia received EEK 18.2 million of profit, which is 4.3 times more than during the same period last year.
(Eesti Päevaleht)

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