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REALWAY OÜ

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Business media page visits - 2774; followers - 280. Reviews - 4; Articles 1+ "Write an opinion on REALWAY OÜ!"

REALWAY OÜ current status

This company's branding has already reached 2,774 peopleand his is followed by 280 Storybook users.On average, the company has been rated 4.3 points.but there is no comment.

's activity report 2022

The main activities of OÜ RealWAY are property management and real estate project development. Part of the company is owned by Edelaraudtee AS. The company was established in 2003 and started its economic activity in 2005, the same year the Reisikeskus Balti station was renovated and a tourist class hotel Go Hotel Shnelli was built, connected to the Balti station through a glass gallery. The Baltic station building houses the headquarters of AS GoTravel, AS

GoBus, OÜ GoHotels and AS Go Group. Also, the office spaces of several companies belonging to the Go Group and Moonrider Group.

In 2022, the company continued its main activity. In the Shnelli hotel located at the Baltic station, the renovation of all standard and superior rooms was completed. Automation was also added to the rooms for more economical use.

In the second half of the year, a major renovation of the building at Viadukti 2 in Tallinn was completed, which allowed GoCraft, a member of the Go Group, to start repairing and rebuilding military vehicles for the Estonian Defense Forces.

The company's high electricity prices were alleviated by an 11-year fixed-price contract with Eesti Energia, which is very favorable in today's market situation.

No significant changes are planned in the directions of development for the next financial year. The company continues to prepare for energy efficiency projects and investments in buildings. The most important activity for 2023 is the modernization of the second stage of the Vaidukti 2 building, which has signed a long-term lease

to suit GoCraft's production.

The impact of the coronavirus (Covid-19) restrictions and the war in Ukraine was smaller than feared in 2022.

In the company's opinion, the general development of the operating environment does not have a significant impact on the company's current situation and to the best of our current knowledge, it does not have a significant impact on the sustainability of the company's operations.

RealWay OÜ mainly uses long-term bank loans from financial instruments for the acquisition and improvement of various real estate investments. The main financial risk is the rise in Euribor, which would result in a significant increase in interest costs. Typically, companies also face the risk of customer payment behavior. RealWay OÜ constantly monitors customer payment behavior and a contractual partner is also involved for immediate dealing with customers who have exceeded the payment deadline. We have kept unpaid invoices

REALWAY OÜ contacts

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