Grains of Estonia beat records
Published 8 October, 2019
According to the Ministry of agriculture of Estonia, the current year was a record for the country in the harvest of grain crops. This result was achieved due to an increase in acreage, as well as extremely favorable weather conditions compared to previous years.
Tallink to expand its presence in the market through catering
Published 1 October, 2019
The largest Estonian shipping company Tallink group will expand its activities in the Baltic States through fast food outlets. Recently it became known about the acquisition of the rights to the trademark of Burger King.
Eesti Energia has confirmed the supply of gas from Russia via the Lithuanian terminal
Published 26 September, 2019
The state energy concern Eesti Energia recently confirmed the shipment of the first batch of liquefied natural gas produced in Russia through the Lithuanian terminal in the port of Klaipeda. Almost 10 thousand cubic meters of gas will arrive this week.
Monese mobile accounts will appear in new countries
Published 17 September, 2019
Recently, representatives of the Estonian startup Monese, the leading provider of mobile banking services in the European Union, announced their intention to expand their presence in the world. The main goal is to open representative offices in North America and Asia.
The electronic service of the Estonian customs department continues to develop
Published 10 September, 2019
The Estonian tax and customs department recently presented an updated version of the e-MTA client's personal account, which provides participants of foreign trade activity with additional opportunities in the field of customs.
Tallinn port passengers will see the new D-terminal in 2 months
Published 3 September, 2019
Representatives of the largest port company in Estonia Tallinn Sadam announced the imminent completion of the first stage of updating the D-terminal of the port with the same name. Passengers will see part of the new building in a few months.
Passport control in Tallinn will be automatic
Published 27 August, 2019
Recently the Estonian government announced its intention to establish a system capable of carrying out passport control without the participation of a border guard officer at border crossing points. Electronic systems will be rented for the testing period.
Estonia-China joint forum to be held in September
Published 20 August, 2019
Recently the Estonian entrepreneurship development fund published a schedule of events of the Doing business in China 2.0 business forum, organized jointly with the Chinese Embassy. The date is September 12.
Fish from Pärnu will return to the Russian shelves in October
Published 13 August, 2019
At the beginning of summer the Rosselkhoznadzor of the Russian Federation lifted the ban on supplies of fish products from an Estonian company Kajax Fishexports. Now the company is actively preparing to restore business contacts with buyers from Russia.
Tallink breaks records in the Baltic
Published 6 August, 2019
The largest ferry operator of the Baltic sea Tallink Grupp reported on record figures in the past month. The number of passengers in July reached almost 1.3 million people, which is a record for the entire existence of the company.
Russia is looking for entry to the Estonian energy market
Published 30 July, 2019
Recently representatives of the Ministry of energy of the Russian Federation proposed to create a special Commission with the participation of Estonia, Latvia and Lithuania to discuss the issue of free access of Russian electricity to the Baltic market.
There are more and more alternative energy sources in Estonia
Published 24 July, 2019
This week a new power plant that produces energy using solar panels will be opened near the city of Pärnu on the territory of the former landfill for waste collection.
One of the largest fuel storage facilities in Estonia changes its owner
Published 18 July, 2019
In early July, an agreement was signed on the acquisition of a tank terminal for storage and transshipment of oil and fuel in the port of Muuga by a wholesale and retail seller of motor fuel Olerex AS. In this way, the company, which controls a quarter of the import market of gasoline and lubricants in Estonia, will be able to optimize costs and maintain prices at a low level.
The largest computing center in Northern Europe will be built near Narva
Published 9 July, 2019
One of the fastest growing innovative companies in Estonia Burfa Capital OU, announced its intention to build a large computer center near Narva, which will attract a significant number of customers from the international market.
Estonia losses own agricultural production
Published 2 July, 2019
Against the background of news about the extension of the economic package of EU sanctions against Russia, one of Estonia's most significant vegetable growing and processing companies Sagro AS announced a change of ownership. According to experts, in the future, several agricultural companies may leave the market.
Nordica to optimize business due to the closure of flights
Published 25 June, 2019
The state-owned Estonian airline Nordic Aviation Group recently announced the closure of five routes to various European destinations by the autumn of this year. This measure should bring the carrier to the zone of profitability.
Ingo-Paldiski gas pipeline came to land
Published 18 June, 2019
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.
Estonian project of artificial intelligence is entering the market of Japan
Published 11 June, 2019
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.
Estonia has approved plans for Rail Baltic until 2022
Published 4 June, 2019
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.
Estonia exceeded its investment target in 2018
Published 29 May, 2019
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.