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The council of Arco Vara AS approved on 21 April 2009 the annual report and profit allocation proposal for the year 2008 of Arco Vara AS. The council decided to present the annual report and profit allocation proposal as prepared by the management for the approval of the general meeting of shareholders.

The audited annual report for 2008 is made available on NASDAQ OMX Tallinn Stock Exchange's and issuer's web page http://www.arcorealestate.com/. The report can also be read in issuer's location on Jõe 2B, Tallinn.

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

 

Annual Report 2008