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Arco Vara Appoints Kristina Mustonen As Manager
PRIVATEJul 15, 2024•almost 2 years ago
Position
Chief Executive Officer
Company
Arco Vara AS
Kristina Mustonen
TallinnReal EstateCommercial Real Estate
Description
The Supervisory Board of Arco Vara has appointed Kristina Mustonen as the new manager of Arco Vara AS, with her authority taking effect on July 15, 2024. Kristina Mustonen's main priorities at Arco Vara include increasing the balance sheet to at least 100 million euros and raising the annual ROE to 20%.
Company Information
Company
Arco Vara AS
Location
Tallinn, Harju Maakond, Estonia
About
Arco Vara is an international real estate group operating mainly in Estonia and Bulgaria. The group’s parent company, Arco Vara AS was established in Estonia in 1992 and has been listed on Nasdaq Tallinn stock exchange since 2007. The main activity of Arco Vara is the development of complete living environments and related commercial real estate. In addition, the group earns license fees from agreements with real estate agencies offering real estate brokerage and valuation services under its trade marks in Estonia, Latvia and Bulgaria.
TallinnReal EstateCommercial Real Estate