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Day: May 31, 2021

Notice of convening Annual General Meeting of shareholders of Nordic Fibreboard AS

The Annual General Meeting of Nordic Fibreboard AS (registry code: 11421437, address: Suur-Jõe 48, Pärnu 80042, hereinafter the Company) will be held on the 21th of June 2021 at 10.am at Suur-Jõe 48,  Pärnu. Registration of participants will start at the venue of the meeting at 09:45. Registration will end at 10:00. The list of shareholders entitled to participate at the General Meeting will be fixed 7 (seven) days before the General Meeting, i.e. on 14 June 2021, as at the end of workday of Nasdaq CSD Estonian settlement system. Agenda of the General Meeting with the proposals of the Supervisory Board: 1. Approval of the annual report of the Company for the financial year 2020 Proposal of the Supervisory Board: To approve the annual report of the Company for the financial year 2020, in accordance with which the consolidated balance sheet...

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European Energy A/S releases Q1 results with high expectations for 2021

Company announcement 10/2021 (31.05.2021) 2021 is set to become another record-setting year for European Energy with more than 900 MW under construction in the first quarter. European Energy has high expectations for 2021. Construction activity was tripled during Q1 2021 compared to Q1 2020, with 22 projects under construction. By the end of Q1 2021, European Energy reached a gross profit of EUR 9.79 million with a revenue at EUR 12.08 million and EBITDA of EUR 5.57 million. The number of employees has increased by approximately 40% compared to the same period last year. Due to the many construction activities, inventory increased by more than 60% year-on-year to EUR 410.3 million by the end of Q1 2021. EUR 201.7 million of the increased inventory are operational parks. This is part of European Energy’s strategy to increasingly keep more...

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