Estonian ports handled 23.8 million tons of cargo in the first eight months of 2018, up by 2.2% YoY, it appears from data provided by Statistics Estonia. The loading of goods increased by 3.9%, to 16.3 million tons, while unloading declined by 1.3%, to 7.6 million tons. Goods loaded onto ships in August amounted to…
The public transport subsidy made available by the Estonian government will increase by EUR 9 million, to EUR 101 million in 2019, it appears from the state budget bill that has received the informal nod from the government. A large portion of the increase can be attributed to the increased subsidization of bus services. Minister…
According to information released by Statistics Estonia on September 20, in August the producer price index (PPI) of industrial output increased by 1% MoM and by 3.4% YoY. In August, compared to the previous month, the PPI was affected more than average by an increase in prices in the manufacture of electronic equipment, in electricity,…
Changes implemented to Tartu-Helsinki flight schedules this April have not had a positive impact on passenger numbers at Tartu Airport. While August 2016 saw nearly 2,800 passengers on flights served by Tartu Airport, just 2,003 passengers flew on the airport’s Tartu-Helsinki-Tartu route last month. Over the past two years, the decline in passenger numbers has…
Port of Tallinn (AS Tallinna Sadam) says its shares have been listed on the OMX Nasdaq Tallinn Stock Exchange in the Baltic Main List since June 13. The trading symbol of the shares is TSM1T and the number of common shares outstanding is 263,000,000, of which 176,295,032 (67,03%) is owned by the Republic of Estonia…
African swine fever (ASF) has devastated pig farming in Estonia. Only 14% of the number of farms in 2014 remains, says UK daily The Guardian, with small-holdings especially ravaged. Over the four years, the number of pig farms apparently has fallen from 920 to 125. By law, even one ASF case means the slaughter of…
Representatives of the Chinese state-owned construction company China Construction Communication Engineering Group visited the island of Muhu, where they were familiarized with the plans of a local group of businessmen to build a bridge between Muhu and Saaremaa and the Estonian mainland. The representatives affirmed their company’s readiness to participate in the bridge project. Former…