Day: April 7, 2022

GROUP CEO’S REVIEW In the field of real estate that became volatile in 2021, Arco Vara’s collective was able to secure more than 40,000 m2 of new development volumes which will provide the Company with a solid foundation for the next five years. We also met the set targets with issuing new shares and ongoing project’s sales volumes. In addition, in light of the war-related threats, Arco Vara has not suspended any development projects which means that we will continue to provide and build homes, seeing that there is less supply than demand, regardless of the military activity in Ukraine. The most substantial change in the Arco Vara Group is the establishment of the construction company Arco Tarc of which team commenced the Kodulahe Rannakalda project in January this year. The main reason for the establishment of the construction company...

Ad hoc announcement pursuant to Art. 53 LR of the SIX Swiss Exchange   Geneva, Switzerland and Boston, MA – April 7, 2022 – ObsEva SA (NASDAQ: OBSV / SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies to improve women’s reproductive health, today published the invitation to its 2022 Annual General Meeting of Shareholders to be held on May 18, 2022 at 16:30 CEST at the company’s offices in Geneva, Chemin des Aulx 12, 3rd floor, 1228 Plan-les-Ouates, Switzerland. The agenda of the meeting will be as follows: 1      Approval of the Annual Report, the Statutory Financial Statements and the Consolidated Financial Statements for Fiscal Year 2021 The Board of Directors proposes that the annual report, the statutory financial statements and the consolidated financial statements of ObsEva SA for fiscal...

London returns to being the most expensive construction location in the world, according to latest Arcadis report Many cities in North America and Europe show double-digit cost increases, including Chicago, New York, Munich, Berlin, and Barcelona  Melbourne and Sydney drop down the rankings, as higher costs get absorbed by the supply chain Doing ‘more with less’ will be critical to long term success, as inflationary pressures and geo-political uncertainty take their toll7 April, 2022 – London has returned to first place as the most expensive city in the world in which to build, according to the latest International Construction Costs (ICC) report, published by Arcadis. According to the study of comparative construction costs across 100 global cities, London ranked first, followed by Geneva (2nd) and Oslo (3rd). The five least expensive...

AS Merko Ehitus consolidated audited financial results for 2021 remain unchanged compared to the preliminary disclosure on 10 February 2022. STATEMENT OF THE CHAIRMAN OF THE MANAGEMENT BOARD 2021 was a successful year for Merko. We fulfilled the group’s financial goals and investment plans and our profit grew 26%. These targets were met despite the continuing pandemic, supply chain problems, rising costs of construction and a spike in energy prices. Our greater strategic focus on residential development, selection of projects with higher potential, efficient implementation of decisions, and organizational ability to adapt – all rewarded us. The 18.8% return on equity achieved last year is a good result considering the group’s high capitalization. Moreover, with the purchasing power of money decreasing, the fact that our return on equity...