Private company

Arco Vara

Estonian property developer, stock listed on Nasdaq OMX Baltic1

Arco Vara AS is an international real estate group established in Estonia in 1992. The company operates mainly in Estonia and Bulgaria. The main activity of Arco Vara is the development of complete living environments, along with associated commercial real estate.2 It is headquartered in Tallinn, Estonia.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1994Founded1
  • HeadquartersTallinn, Estonia1
  • Websitewww.arcovara.ee
  • Legal formpublic limited company1
  • LEI097900BHCB00000661713
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressRotermanni tn 10, 10111 Tallinn, Estonia3
  • Registered withCentre of Registers and Information Systems, 102617183

Arco Vara AS is an international real estate group established in Estonia in 1992. The company operates mainly in Estonia and Bulgaria.2

Corporate structure

Arco Vara is part of a group headed by OÜ ALARMO KAPITAL. 13 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • OÜ ALARMO KAPITAL Tallinn, Estonia
    • Arco Vara 62% · Tallinn, Estonia
    • Iute Group AS Subsidiary · 90% · Tallinn, Estonia
      • IuteCredit Albania SH.A Subsidiary · 100% · Tallinn, Estonia
      • IuteCredit Finance S.à r.l. Subsidiary · 100% · Tallinn, Estonia
      • IuteCredit Kosovo J.S.C. SH.A. Subsidiary · 100% · Tallinn, Estonia
      • IutePay SHPK Subsidiary · 100% · Tirana, Albania
      • MKD IuteCredit BH d.o.o. Sarajevo Subsidiary · 100% · Tallinn, Estonia
      • O.C.N. 'IUTE CREDIT' S.R.L. Subsidiary · 100% · Tallinn, Estonia
      • ИутеКредит Македонија ДООЕЛ Скопје Subsidiary · 100% · Tallinn, Estonia
      • ЮтеКредит България Subsidiary · 100% · Tallinn, Estonia
      • ЮтеПей България Subsidiary · 100% · Tallinn, Estonia
      • Banca Comerciald,,ENERGBANK" S.A.. (Banca Comercială,,ENERGBANK'' S.A.) Subsidiary · Chisinau, Moldova

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

The story

As of 30 June 2026, Arco Vara had a total of 6,980 shareholders, including 6,427 retail shareholders, whose ownership in the company amounted to 10.6%.

In September 2025, Arco Vara issued bonds with a nominal value of 100 euros and an annual interest rate of 8.8% in the total amount of 15 million euros. The initial bond offering with a base size of 10 million euros was oversubscribed approximately 2.2 times, making it the largest single bond issue among Baltic listed real estate developers.

From Wikipedia’s article on Arco Vara, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. Dec 31, 2024Parent Directly consolidated by OÜ ALARMO KAPITAL3
  2. 1994Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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