Estonia extended the contract with "Rosneft"
Published 12 December, 2017
Despite the sanctions and debates in the EU about the "Nord stream-2", Alexela Terminal company extended the contract for services with the Russian petroleum corporation until 2020.
The ports of the Baltic States began to use the new cargo loading system
Published 5 December, 2017
Introduction of the container handling technology of bulk materials will become a new stage in the development of the terminals. It allows to improve significantly the efficiency of cargo handling. The port of Riga became the first one in Europe, where this system was used.
Travel of freight cars by Estonian roads will be paid
Published 28 November, 2017
From January 2018, the truck owners will pay for the right to travel by the roads of Estonia, if the vehicle weight exceeds 3500 kg. Payment will be charged with the Estonian vehicles and trucks registered abroad.
Entrepreneurs will discuss the issues of logistics at the conference in Tallinn
Published 21 November, 2017
A transportation conference "Cargo Transportation in 2018: how laws changes will influence on work of the sector" will be held in the Estonian capital on 23 of November. Participants of the market of transportation and freight forwarding will discuss the main problems and expectations from the new legislation bills.
The European Union plans to change the rules of Internet packages taxation
Published 16 November, 2017
It was proposed to introduce the taxation system for the first cent, the changes will be applied only to goods arriving from the Third countries.
The Estonian government stops the certificate validity of 760 thousand ID cards
Published 8 November, 2017
Estonian ID-cards, issued after October 2014, ceased to be valid. The government of Estonia found that the degree of vulnerability of these cards is too high. It is possible to break their basic code and steal personal data of users.
An official of the Ministry of Finance of Estonia complains about low government revenues from the excise tax on alcohol
Published 1 November, 2017
At the conference on alcohol policy of the European Union Mr. Marek Uuskula, as a representative of the Ministry of Finance of Estonia, said that revenues from the excise tax on alcohol did not meet expectations.
Fitch Ratings upgraded the credit rating of Tallinn to the level of A+
Published 25 October, 2017
International rating agency Fitch Ratings positively assessed the creditworthiness of Tallinn, the Estonian capital city, its credit policy and upgraded the city's credit rating to the A+ level.
Estonian port operator Aseri Sadam is preparing for the construction in the port of Muuga
Published 18 October, 2017
Aseri Sadam company, which owns the terminal project with four berths, is ready to begin construction in the port of Muuga.
Estonia can get a part of traffic flow from the Trans-Siberian railway
Published 11 October, 2017
Two major port company from Estonia, Port of Sillamäe and EVR Cargo, took part in the regular meeting of the “Coordinating Council on Transsiberian transportation”, which was held in Beijing.
A new Luminor Bank started working on 2 October in Estonia, and Kreditbank changed its name to Coop
Published 4 October, 2017
The Luminor Bank, which was the result of a merger of Norwegian Bank DNB and Swedish Nordea, started its working in Estonia.
Russian importers choose European Baltic ports
Published 27 September, 2017
In the Russian Baltic ports there is a shortage of container cargo. Meanwhile, business of the European neighbours in the Baltic is better.
Juri Ratas and Pierre Moscovici discussed the changes in taxation and customs regulations
Published 20 September, 2017
Estonian Prime Minister, Juri Ratas, and the Representative of Commission on economy, finance, taxation and customs affairs, Pierre Moscovici, discussed the changes in taxation and customs regulations in the era of digital economy.
Butter in Estonia has got twice expensive since the beginning of this year
Published 12 September, 2017
The price boost affected all food products in Estonia. However, the butter was in the forefront. It’s price rose by 44% and it was in short supply, so the price increase of it can be expected in the future.
Port operator Vopak is going to build a terminal for transshipment of liquefied gas in Muuga port (Estonia)
Published 9 September, 2017
The Vopak company as the operator of port terminals in the Baltics plans to begin construction of the LNG (liquefied natural gas) terminal in Muuga port in the fall of this year.
Construction volume in Estonia grew by 18 percent compared to the last year
Published 30 August, 2017
A significant growth was observed in the construction market of Estonia. The volume of construction works both in Estonia and abroad increased by 18% compared to the same period last year.
Muuga port near Tallinn is suitable for Rail Baltic multimodal terminal
Published 23 August, 2017
The Estonian Minister of economy, Kadri Simson, visited the port of Muuga near Tallinn and got acquainted with its infrastructure. According to Madam Simpson, Muuga is suitable for construction of multimodal cargo terminal.
Estonian Department of State Infosystems warns business
Published 16 August, 2017
A fraudulent scheme of money laundering from legal entities became widespread in the Internet.
“Rosneft” will pay 9.6 million euros for Estonian transit
Published 9 August, 2017
According to the REGNUM Agency, Rosneft plans to take advantage of 3.4 tonnes of oil fuel and vacuum gas oil through Estonia before the end of 2018.
Estonian Department of state information systems offers to update the digital signature on documents
Published 2 August, 2017
In Estonia, nearly 400 million documents are electronically signed. This figure is impressive, since Estonia is one of the most advanced countries of the European Union in the sphere of e-services.