TALLINN - The listed Estonian shipper Tallink Grupp and Infortar, an investment company majority owned by Estonian businessmen Ain Hanschmidt, Enn Pant and Kalev Jarvelill, are to sign a memorandum of understanding with the City of Tallinn regarding the reconstruction of the Linnahall arena for some 300 million euros.
The shared vision of the parties is to construct a conference and concert center at the venue along with a passenger terminal, hotel, business center and leisure facilities, Tallink Grupp told the stock exchange.
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