02:05

Saturday, 11. September 2010

News

01.09.2009: Change in Management Board of Arco Vara Group key subsidiary


The Member of Management Board, Mr. Tarmo Loog, of Arco Vara Group key subsidiary (as defined by Tallinn Stock Exchange regulations) Arco Investeeringute AS (100 % subsidiary of Arco Vara AS) was recalled. As a Member of Management Board of Arco Investeeringute AS will continue Mr. Veiko Taevere. In order to adapt the management structure to the decreased business volume was the Member of Management Board recalled.

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 17 cities and employs ca 250 people.
Arco Vara AS is listed on Tallinn Stock Exchange.


Lembit Tampere
CEO
Arco Vara AS
phone: +372 614 4630
lembit.tampere@arcovara.ee
http://www.arcorealestate.com/