ESTA Holding is a European investment company that specializes in acquiring and managing companies in various industries. Founded in the 1990s, the company has grown over the following years, with a portfolio of businesses that spans several countries and multiple sectors. SCM Estate was established in 2006 for the management of the property assets of financial and industrial Ukrainian holding - SCM Group. From the beginning of 2008, the company was renamed ESTA Holding. The company is 100% owned by SCM Group. Key areas of ESTA business are: Investment Development of commercial and residential properties of premium class Hospitality business Real estate operation and management ESTA Holding key assets: Pushkinskiy complex, Donetsk Opera Hotel, Kyiv Leonardo business center, Kyiv Logistics center, Dnipro Donbass Palace Hotel, Donetsk Kyiv Hotel, Donetsk Kyivskyy Central Department store (TsUM), Kyiv The Chief Executive Officer is Nikolay Nesterenko. As of 2011, ESTA Holding is going to invest more than $500m in the development of new projects over the next five years. ESTA Holding makes substantial investments in the expansion of its assets' portfolio, which already exceeds $300 million. The latest acquisitions include the purchase of the Kiev Central Department Store and of the Donetsk-based “Kiev” hotel which after the current reconstruction will be launched under Park Inn by Radisson brand. The History and Growth of ESTA Holding ESTA Holding was founded in the 1990s with a focus on investing in small and medium-sized enterprises (SMEs) in Europe. Over the years, the company has grown and expanded its portfolio, acquiring and managing companies in various industries, including real estate, finance, and technology. Today, ESTA Holding is one of the largest investment firms in Europe, with a diverse portfolio of businesses and a team of experienced investment professionals.potential. See also SCM Holdings The Leading Hotels of the World References External links SCM Holdings official website ESTA Holding official website Timeswrap SCM Holdings Real estate companies of Ukraine Companies based in Donetsk Companies based in Kyiv Ukrainian companies established in 2006