In the third quarter Tallink Grupp AS and its subsidiaries carried 2.9 million passengers, up by 2% YoY. The group unaudited third-quarter revenue grew by 3.3%, to EUR 282.7 million (EUR 273.6 million in Q3 2016). Unaudited EBITDA improved by 12.3%, to EUR 75.4 million (EUR 67.1 million) and unaudited net profit increased by 11.7%,…
The first 2+1 lane passing zone on Tallinn-Tartu Highway, built at the 131-135.1 kilometers between Annikvere and Neanurme, has been completed and partially opened to traffic. Two consecutive passing zones, respectively 1.5 and 1.3 kilometers in length, were constructed on the 4.1-kilometer length of the highway between the villages of Annikvere and Neanurme, the Estonian…
During the cruise season of 2017 cruise vessels called Tallinn 311 times and brought a record-breaking number of 564,280 cruise passengers to Tallinn. Saaremaa Harbor had 5 cruise ship calls with a total of 1,513 passengers. On October 30, Port of Tallinn together with clients and partners of the Estonian cruise industry gathered at Estonia’s…
Flu vaccine producers planned on bringing 63,000 doses of flu vaccines to Estonia for this year, a quarter more than last season. Before the flu season has even begun, however, these vaccines have already all sold out. Kadri Saar, a senior inspector at the Bureau of Activity Licences and Inspections of the State Agency of…
According to the information released by the Statistics Estonia on November 7, the consumer price index increased by 3.8% YoY, but decreased by 0.2% MoM, with changes affected the most by food prices. Compared to last October, goods were 4.8% and services 2% more expensive; regulated prices of goods and services rose by 6.6% and…
The first cargo vessel carrying timber belonging to Westwood Group OU departed for the Port of Lanshan, China, from the general cargo terminal of Estonia’s Transiidikeskus AS last weekend. The vessel carrying the shipment of timber is the general cargo ship Kraszewski, which is the largest timber-carrying ship yet to enter Muuga Harbor, according to…
Transaviabaltika, which operates flights connecting Tallinn to the capitals of the major Western Estonian islands of Saaremaa and Hiiumaa, operated a total of 106 flights to the two islands in October. While passenger numbers increased on the Kuressaare route, the load factor on Kardla flights remained modest. Transaviabaltika operated a total of 53 flights on…