Observer Eesti Oü

Estonia Business News: Archive 2003-

WEEK 20.2008

Monday, 12th of May, 2008

Eesti Ehitus on wave of growth
Profit of Eesti Ehitus grew 43% in 1Q this year and good results are expected to continue. Company's board president Jaano Vink says that 1Q results were satisfactory. Heiti Riisberg from Trigon Capital funds says that results of Eesti Ehitus seem strong. "Company has grown turnover 38% and has been able to improve margins," said Riisberg.

Tuesday, 13th of May, 2008

If compensated damage for EEK 178 million
If Eesti Kindlustus compensated damage for EEK 178 million in 1Q 2008, which is 11.3% more than in respective period last year. If paid the most compensations for Casco insurance - EEK 82 million. In first three months insurance company collected insurance payments for EEK 325 million, which is 3% growth compared to 1Q 2007.

EEK 13 million
Pärnu spas Estonia and Sõprus earned in all EEK 13 million net profit last year.

Pro Kapital earned EEK 880 million profit
Real estate developer Pro Kapital's Baltic businesses earned nearly EEK 880 million net profit last year. Pro Kapital Group's board member Andrus Laurits says that company's financial position is strong and investments will continue. Pro Kapital Group develops real estate in Estonia, Latvia, Lithuania, Russia, Ukraine, Germany and Italy.

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