Arco Investeeringute AS and Arco Vara Kinnistute AS merged


Arco Investeeringute AS, a 100% subsidiary of Arco Vara AS, merged with its
100% subsidiary Arco Vara Kinnistute AS. As a result of the merger Arco Vara
Kinnistute AS was dissolved, while Arco Investeeringute AS became its legal
successor. 
 
Such structural streamlining does not have any significant impact on the
activities of the Arco Vara AS Group or Arco Investeeringute AS. 

Arco Vara is one of the leading real estate developer in the Baltic's,
operating also in Ukraine and Bulgaria. Core business is real estate
development supported by brokerage network, construction arm and property
management. The company has offices in 18 cities and employs ca 250 people. 
Arco Vara AS is listed on Tallinn Stock Exchange.

Arco Vara AS
GlobeNewswire

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