Arco Vara AS Initiates Exit Process from the Bulgarian Market to Refocus on Estonian Development Projects

According to Kristina Mustonen, Member of the Management Board of Arco Vara, this is a well-considered and forward-looking decision. "Exiting Bulgaria allows us to focus even more clearly on our core market – Estonia. Our major project in the Luther Quarter, one of the most attractive development areas in Tallinn, requires strong leadership, focused attention, and financing capacity. By freeing up resources from Bulgaria, we will be better positioned to realise the growth potential of our Estonian projects ...