NOTICE REGARDING UAB „ORKELA“ FINANCIAL STATEMENTS FOR 9-MONTH PERIOD ENDED 30 SEPTEMBER 2024

Basic data about the CompanyUAB „Orkela“ (hereinafter – the Company) is a private limited liability company registered with the State Enterprise Centre of Registers on 24 September 2015. Legal address:Jogailos st. 4, Vilnius. The Company has no branches or representative offices.The Company's main activity is real estate development and construction. The Company owns a land plot and building complex in Vilnius, at Vasario 16 st. 1. The Company is developing a lyceum and hotel...

Vilnius, 15/11/2024 (informazione.it - comunicati stampa - servizi)

Jogailos st. 4 , Vilnius. The Company has no branches or representative offices.

The Company's main activity is real estate development and construction. The Company owns a land plot and building complex in Vilnius, at Vasario 16 st. 1. The Company is developing a lyceum and hotel complex next to the Church and Monastery of the Apostles St. Philip and James. The Company expects to complete the Project in 2024.

During three quarters of 2024 the Company invested EUR 5,84 million in the development of the project. During this period the Company incurred EUR 298,6 thousand of costs, related to the project development, and EUR 2 307,3 thousand of project financing costs.

As at 30 September 2024 the Company's assets amount to EUR 39 769 thousand (31 December 2023 – EUR 33 933 thousand).

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