On March 21, 2007 AS Linnaehitus, a wholly owned subsidiary of AS Eesti Ehitus, and AS Sampo Pank concluded a loan agreement in the amount of EUR 8 947 630.80 and final repayment date of March 21, 2009. Interest rate is based on six months Euribor and an undisclosed risk margin. Purpose of the loan is to finance the construction costs of a 23-storey office and apartment building currently under development and construction by AS Linnaehitus in Väike-Turu 5, Tartu. Andri Hõbemägi AS Eesti Ehitus Tel: (+372) 6400 450 E-mail: eestiehitus@eestiehitus.ee
Recommended Reading
-
In the first half of the year, the gradual recovery of the Estonian economy continued, but the economic environment remained affected by geopolitical uncertainty and fluctuations in energy prices....
Read More -
AS Nordecon group company Embach Ehitus OÜ and Läike Varad OÜ have entered into a contract for the construction of a stock-office commercial building at Läike tee põik 5 and 7, Peetri, Harju County....
Read More