Arco Vara AS announced that at the start of 2023, the current head of development of Arco Vara AS Tiit Nõu is leaving his position. The tasks of the head of development are redistributed to other positions in the course of restructuring. The tasks of Tiit Nõu in boards of the subsidiaries are substituted by CEO of Arco Vara AS Miko-Ove Niinemäe and the lawyer Evelin Kanter.

Miko-Ove Niinemäe and Evelin Kanter are from now on board members of all active Estonian subsidiaries of Arco Vara AS.