Tallink modernizes vessels with the help of Finnish technologies
Published 12 February, 2018
Estonia's largest shipping operator Tallink Grupp has signed a contract with a young Finnish company Fleetrange Ltd to equip its vessels with the latest Internet of Things system.
The Estonian cruise sector is ready for new records
Published 6 February, 2018
Representatives of the St. Petersburg port "Sea facade" announced a project to create a special cruise company by 2019, which will allow tourists to sail calling at the largest Baltic ports, including Tallinn port, Helsinki port and Pionersky in Kaliningrad.
Alibaba plans to invest in Estonian business
Published 29 January, 2018
The Prime Minister of Estonia discussed possible cooperation with major Chinese trading platform at the world economic forum in Davos.
Investments in Estonian business for 2018 is already planned
Published 23 January, 2018
Enterprise development fund of Estonia (EAS) announced the publication of a plan for investment support of new business projects in 2018. The detailed information will be published at the end of the first quarter on the website
Cargo ports of Estonia raise the alarm
Published 16 January, 2018
Strained Russia's relations with the Eurozone lead to almost disappearance of the existing system of cargo transportation through the Baltic sea. The bulk of cargo now goes to the ports of St. Petersburg, Primorsk and Ust-Luga. It is expected that this figure will reach 100% by 2020.
In Estonia prices are rising, purchasing power is falling
Published 10 January, 2018
According to the service of the European Union Eurostat, Estonia was the only EU country where a decline in retail was recorded last year. The decrease in turnover was more than 1%.
The tunnel project Tallinn-Helsinki approved at the governmental level
Published 26 December, 2017
A joint initiative of Finland and Estonian government structures to develop transport connections resulted in the creation of the FinEst Link project in 2016. The project involves construction of the railway submarine tunnel between the capitals of two states.
Estonia resumed the work of the joint transport commission of the Russian Federation
Published 19 December, 2017
In May of this year Estonian Ministry of Economy offered colleagues from the Ministry of Transport of the Russian Federation to conduct joint negotiations and resume the work of the Commission, which was established in 2006.
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.