Observer Eesti Oü

Estonia Business News: Archive 2003-

WEEK 45.2007

Wednesday, 7th of November, 2007

Turnover of Valnes grew 30%
Nine months' turnover of Valnes group was EEK 88 million and profit EEK 8 million. Despite the fact that building market has cooled down, company grew turnover 30% and profit 60%. Last year company had EEK 65.2 million turnover and EEK 4.8 million profit.

Eesti Ehitus' turnover grew by 1/5
Eesti Ehitus had decent growth in turnover in 3Q - EEK 1.14 billion (+36%). Net profit grew by 1/5 to EEK 72.4 million. Analyst of Hansabank Markets Sander Danil said that results of Eesti Ehitus in 3Q were good; he noted that in longer perspective Eesti Ehitus should reach some more positive results.

Thursday, 8th of November, 2007

Results of Harju Elekter surprised
Harju Elekter published economic results of 3Q. Net profit grew 77% compared to last year and profit grew to EEK 19 million. Company's stock reacted to results with mild growth, increasing 2.4% by the end of the day.

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