News «KOMERK AS»

Estonian electricity and natural gas supply system operator Elering announced the withdrawal of part of the pipeline between Estonia and Finland on land. In the near future, almost 1000 meters of pipes should be pulled out from under the water.

Founded in 2007, the Estonian company Realeyes enters the Japanese market with a flagship development based on artificial intelligence with additional funding of 11 million euros.

According to the budget state strategy approved in April, Estonia will allocate almost 120 million euros for the design and construction of railway sections of the Rail Baltica project.

According to the report of the Ministry of economy and communications of Estonia, the volume of investments attracted to the country last year exceeded the established threshold of 150 million euros more than twice.

Recently the Tax and Customs Department of Estonia resumed the work of the personal account of the e-maksuamet/e-toll service with updated functionality.

The network of grocery stores Grossi Toidukaubad has been offering a new service to its customers for two weeks. This is the ability to cash money through the cash register. The service is particularly popular in rural areas.

Recently the statistical services summed up the results of April in the field of transport: passenger traffic of the Lennart Meri international airport of Tallinn increased by more than 11% compared to last year.

Representatives of the Department of payment and settlement systems of the Central Bank of Estonia recently announced statistics on payments made for the first months of the new year. The main increase was made by online transfers for purchases in online stores.

The Estonian EAS Found, aimed at increasing the number of exporters with high added value products in the country, has launched the next stage of applying for subsidies for young entrepreneurs. The Fund is supported by the European Commission.

Estonian ridesharing company Taxify, which began its work as a student startup 6 years ago, announced the beginning of work in St. Petersburg. Now the company, which currently operates in more than 30 countries, is called Bolt.

The Ministry of economy and communications of Estonia announced the creation of a new investment fund Early Fund II and allocation 10 million euros for its work. The main users should be small high-tech companies.

Estonian innovative company Cleveron announced plans to create robot couriers capable of moving in the flow of cars. The first prototypes are already being tested on the roads of the country.

Recently the international shipbuilding group Damen announced the launch of a bunkering vessel for the Estonian gas company Eesti Gaas. The main purpose of the ship is mobile refueling of ships with liquefied natural gas.

The world ATM Congress on air traffic management, which ended last week, was marked by the presentation of a new product from Estonian developers. The concept of "remote tower" was implemented in a new, more versatile application.

Last week Tallinn hosted a meeting of representatives of companies and organizations associated with the work of cruise ports in the Baltic and North seas. As a result of the conference, the concept of development of port tourism Green Cruise Port was approved.

Last week, representatives of the ministries of Estonia and Iceland confirmed the intention to connect the Viking country to the Estonian development in the field of secure data exchange X-Road. For now, only Finland is connected to the system except the Estonia such country of the developer.

Last week the Ministry of economy and infrastructure of Estonia published the approved plans for the development of the railway industry of the country. In the next 6 years, it is planned to invest more than 400 million euros in the railway net.

Estonian entrepreneurs, together with the EAS investment fund, are actively increasing exports, including by entering the Middle East markets. This week Estonian companies take part in two of the largest expositions in their industry in the United Arab Emirates.

Tallink, as one of the largest Baltic shipping companies, plans to implement a joint project with the participation of Finnish specialists and attraction of investments from the European Space Agency (ESA). The main goal is to automate the movement of ships as much as possible.

The Estonian government expects to spend almost 1 million euros in 2019 to form a more attractive image of the country in terms of investment in the domestic economy. The developed image should be the same for use in all countries.