OEG completed the sales transaction of the subsidiary that owns the Hilton hotel complex building in Estonia
Posted on the 10. August 2016
On 10.08.2016 the sales transaction of Kesklinna Hotelli OÜ was completed in accordance with the terms disclosed in the 15.07.2016 stock exchange release.
Posted on the 26. July 2016
Key developments of the Group during the first half-year of 2016The Group’s consolidated sales revenues for H1 2016 amounted to EUR 92.0 million, up 14.0% or EUR 11.3 million y‑o‑y.Gaming revenues accounted for 93.6% (86.1 m€) and other revenues for 6.4% (5.9 m€) of the Group’s consolidated sales revenues for H1 2016. A year before the revenue split was 94.0% (75.9 m€) and 6.0% (4.8 m€), respectively.
Posted on the 15. July 2016
OEG group company Jessy Investments B.V. entered into an agreement to divest the 100% holding in its Estonian subsidiary Kesklinna Hotelli OÜ that owns the hotel and entertainment complex building in Tallinn, where the Hilton Tallinn Park hotel and the flagship casino of OEG group, Olympic Park Casino, are based in. The buyer is East Capital group company ECB3 Tallinn OÜ. The transaction price is 48 million euros.