LHV Institutional Baltic Insight
Please find attached today's edition of the Baltic Insight.* Merko Ehitus (MRK1T ET) Q2 2023 Results Review: Excellent all-round performance
* Nordecon (NCN1T ET) Q2 2023 Results Review: Mixed performance
Merko Ehitus AS is an Estonia-based holding company engaged in the construction industry sector. Through its subisidaries the Company focuses on construction of buildings, facilities and roads. In addition, it is also engaged in the real estate sector, which is based on the Company's own real estate development, including construction and sale, as well as maintenance and leasing of real estate. Merko Ehitus AS is active domestically and abroad in Latvia and Lithuania. The Company operates through 35 subsidiaries, five associates and joint ventures, such as SIA Merks, UAB Merko Statyba, AS Merko Infra, Tallinna Teede As and AS Gustaf, among others.
Nordecon AS began operating as a construction company in 1989. Co.'s business strategy has been underpinned by focusing on general contracting and project management and a policy of maintaining a balance between building and infrastructure construction. Co. has extended its offering with activities which support the core business such as road maintenance, concrete works and other services that provide added value, improve operating efficiency and help manage risks.
LHV Bank is an independent pan-Baltic bank, based on Estonian capital. The company was founded in 1999 by two founders of Hansapank (today’s Swedbank in the Baltics) and has been offering a full range of investment services for 15 years. In May 2009, LHV received a credit institution licence allowing it to provide all banking services.
The head office is situated in Tallinn, Estonia. Cross-border services are offered in Vilnius, Lithuania and in Riga, Latvia. LHV provides brokerage (institutional and retail), asset management, banking and capital markets services. Compared to other banks, we are more innovative and have more solid experience in investment and entrepreneurship.
The Bank, together with the Group asset management company employs over 320 people. LHV Group shares are listed on Nasdaq Tallinn.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.