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Estonia to construct the biggest arena in the Baltics

Aug 12, 1999
By Kairi Kurm

TALLINN - A Finnish construction company together with the city of Tallinn, the Estonian Basketball Association and the Estonian Olympic Committee are planning to build a large culture and sports arena in Rocca al Mare. Construction will begin as soon as full financing for the 175 million kroon ($11.97 million) project is available.25 million kroons have to be raised from the sale of seats to guarantee the 75 million loan from Nordic Investment Bank. The seats are sold as shares to companies and ...

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