«AS KOMERK» uudised

Crisis of diary product market led to the decision of Estonian government to invest 15 million euros in this sector development.

The Estonian government created a document establishing execution aspects of Schengen land border guarded by the Estonian garrison service.

The construction of Tallin-Riga-Kaunas railway line as a part of the project of Rail Baltica highway will start in 2020.

In his interview given to Äripaev the chairman of CUTform OÜ, Jason Clark, said the company expected turnover growth to 15,5 million euros in 2016 that is by 40% more than last year indices amounted to 11,8 million.

For the purpose of farmers supporting the trading network Coop Eesti and the company-processor Farmi signed a contract according to which they relinquished their shares in the profit from dairy products sales in favour of producers.

Cargo turnover of Tallinn port (Estonia) decreased by 14,9% for the first two months of the current year compared with the indices of the same period in 2015.

Liisa Oviir, minister of entrepreneurship of Estonia, says that decrease of Estonia’s export indices in January this year compared with the same period in 2015 is related to the world economic instability and tight situation of active eastern partners – Finland and Russia.

An agreement of sending gas to Estonia concluded between the Russian Gazprom and the Estonian company “Eesti Gaas” was concluded in January 2016 for three years.

Conference on the economy of collaborative consumption, was held on 25 February at the initiative of the parliamentary Commission for the EU. The event was attended by over 100 politicians, businessmen and experts from Latvia, Lithuania, Estonia and Finland.

Development of the draft law on the introduction of time-based charging for passage of large trucks on Estonian roads was entrusted to the Ministry of Economic Affairs and Communications on the basis of Government meeting held on February 16.

The January cargo carriage volume of the Estonian railway company EVR Cargo fell by 27% compared with January 2015.

According to information publication Postimees, management of dairy group Tere will soon be obliged to take a decision to sell the company, because it can not pay any debtswhich exceeded 53 million euros by the end of 2014.

Overall, in 2015 the number of pigs in Estonia decreased significantly - according to various sources by 11-14%. Also, slightly decreased the number of cattle - by 4%.

Saulius Poskus does not consider economically viable for the Baltic countries the construction of an underwater tunnel between Estonia and Finland.

There were summarized the turnover of the Port of Tallinn in 2015. Received data allow us to judge that the flow of goods through Estonian ports decreased significantly.

According to BNS, in September-October 2015 Estonian wood processing enterprises exported to North Korea sawlogs for a total amount of about 150 thousand euros.

Reconstruction of border points in Narva cost for the European Union and the Estonian state budget almost 9 million EURO.

On last December 8th meeting of finance ministers of the EU countries Estonia refused to introduce a tax on financial transactions, having explained the decision related to weak local stock market turnover.

Northeast Estonian Port of Sillamae, that is under the leadership of the same name Russian and Estonian stevedoring company, plans to start regular service for container lines already in the I quarter of 2016.