The preparation of the first consolidated and audited IFRS report of Meb Trust OÜ, the parent company of Invego Latvia OÜ, has turned out to be more time-consuming than initially anticipated by the auditing firm PwC. The completion of the report will be delayed, and it will be submitted to the stock exchange at the earliest opportunity after its approval.
Meb Trust OÜ aims to prepare a thorough and high-quality report in accordance with International Financial Reporting Standards (IFRS), which the company is compiling for the first time. We thank our investors for their understanding.
Invego group is a new-generation real estate developer operating in three countries, specializing in creating large-scale residential areas and business quarters with an integrated concept that creates future urban space. With more than 10 years of operational history, the Invego group includes over 60 companies in Estonia, Latvia, and Portugal, with 30 different development projects currently in progress. Invego group has developed more than 150,000 m² residential and 50,000 m2 commercial spaces and has an additional 450,000 m² of residential and commercial real estate in development.