News «KOMERK AS»

The Union of wooden house manufacturers of Estonia stated the need to expand the export market. The main direction for increasing sales is France.

According to representatives of the Estonian government, the issue of ID cards replacement has not yet been resolved completely, with losses already exceeded 3.5 million euros.

Representatives of the Estonian Chamber of Commerce and Industry announced their plans to attract British media companies to the country after the British exit from the EU.

Rail state-owned company EVR Cargo will lease more than 60 modern platforms for transportation of Mitsubishi cargo containers.

EstBAN, a team of Estonian "business angels" together with the partners from Norway, Denmark and Finland, is launching a new Nordic Angel training and investment program to raise awareness of interstate investments in existing and potential startups.

Urban governance of Tallinn proposed to develop a single ticket system that would allow to use a single document for all types of public transport in Estonia and Finland.

The Omniva group, which includes the public postal operator Eesti Post, announced the results of 2017 year work. an internal market packages and information services.
An internal market of packages and information services brought the main increase in income.

The volume of cargo transportation in Estonia by rail and maritime traffic increased in aggregate by 12% in 2017. However, the pre-crisis level of 2007 will not be achieved soon.

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.

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.

The Prime Minister of Estonia discussed possible cooperation with major Chinese trading platform at the world economic forum in Davos.

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 eas.ee.

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.

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%.

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.

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.

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.

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.

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.

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.