News «KOMERK AS»

According to the results of the latest public meetings of government structures together with representatives of Energiasalv Pakri OU, it is expected that the permit for the construction of the hydroelectric power plant will be finalized by 2020.

Estonia's largest port corporation Tallinna Sadam has auctioned a new offer for the sale of the Muuga port equipment. The price had to be reduced almost twice.

Most of the companies, registered in Estonia, will have to transmit data on their beneficiaries to the public commercial register after September 1, 2018. The maximum possible delay is 60 days.

The Ministry of Rural Affairs has decided to allocate a grant to the MES Fund to support farmers due to adverse climatic conditions. The total amount of assistance will be about 20 million euros.

The Estonian company Nordcoin Mining OU postponed for an indefinite period the initial placement of the tokens due to the lack of explicit comments from the Office of Financial Supervision of the country. Initially, the ICO was scheduled to the beginning of the current week.

The Estonian IT-company Guardtime in cooperation with the Swiss developer SICPA presented to the market a new product providing high safety of elections processes. It is expected that this technology will be used for the next elections in the United States.

From today, Estonian enterprises will have more opportunities for independent participation in specialized exhibitions. The state plans to provide grants of up to 50,000 euros to support business in this matter.

Last week, the government delegations of Estonia and China held preliminary talks before the “16+1” summit.Meetings between representatives of business and government agencies of the EU and China are held for the first time in this format.

Estonia has signed a contract for the production of a new type of authentication cards with the world leader in the field of embedded digital security Oberthur Technologies. They will be equipped with devices for non-contact information reading.

The Estonian startup company Veriff began to attract investors to expand its business and develop a new web application to ensure the security of small and medium-sized businesses.

Representatives of the diplomatic structures of Estonia have noted the increasing interest from citizens of other states to the  digital citizenship applications. Recently, the representatives of India have been particularly active in this direction.

Today Tallinna Sadam, the largest port organization in Estonia, is going to issue more than 250 million shares on the stock exchange. The company fulfilled all the necessary conditions the day before.

Representatives of the Parliament announced the results of the report on the project of the all-Baltic railway, presented earlier this week. Many unresolved issues, including in the field of cooperation between the participating countries, can lead to the complete abandonment of the Rail Baltic project implementation.

Farm owners in Estonia are actively investing in new software eAgronom, which allows to manage the economy at the digital level.

DPD company, which is well represented in the global logistics market, plans to invest almost 5 million euros in the expansion of the network in the Baltic countries in the coming years. A significant part of this amount will be spent on the installation of new parcel automats in Estonia.

Representatives of the Ministry of entrepreneurship and information technologies of Estonia and the Ministry of communications of Japan discussed the stages of signing a number of documents aimed at the development of cooperation in the IT sector.

At the end of April, the Chinese Corporation Guangzhou Hangxin Aviation Technology closed a deal for 43 million euros to acquire all of the shares in the Estonian company Magnetic MRO.

In May a Russian multinational company launched its taxi service in Estonia. The mobile application in the national language is already available for download.

Last week the first trip on the route "Amber train" was carried out within the framework of a joint project of Lithuania, Latvia and Estonia, aimed at the development of intermodal transport.

At the beginning of May in Estonia the updated version of the law on fuel will start to operate. According to the amendments, the fuel will become more environmentally friendly, as it will be obliged to add biological additives.