Compared to a year ago, the number of passengers traveling through Tartu Airport has decreased by 15%, most likely because of the late departures. While a year ago the news was good and passenger numbers headed towards 3,000 a month, this year’s results don’t look as promising. Just over 2,400 people flew out of Tartu…
The 2018 state budget bill passed the first reading in the Riigikogu despite sharp criticism by the opposition. The deadline for amendment proposals was set for November 1. “This budget supports the growth of our economy, security, and the well-being of our families in such a way that it is close to balanced, the tax…
The revenue of the state-owned port company Port of Tallinn amounted to EUR 99.1 million in January-September, up by 29% YoY. Freight handled by Port of Tallinn during the period amounted to 14.3 million tons, and passengers numbered 8.2 million. The increase in revenue was mainly a result of the addition of ferry services to…
Shipper Viking Line closed its high-speed ferry connection to Helsinki ahead of schedule. One of the engines of Viking FSTR, a catamaran ferry originally expected to operate on the Tallinn-Helsinki route until October 22, was damaged and forced the company to cancel its crossings on four days already last week. Viking Line announced on October…
Construction work on the runway and taxiways of Tallinn’s airport have been concluded that made it necessary to occasionally close it during the night hours. The works lasted for two years. A new beaconing and lighting system is entering operation that is both environmentally friendly and corresponds to the current development level of the technologies…
In January-September the Port of Tallinn handled 14.25 million tons of cargo, down by 9.2% YoY. According to the Port Authorities, transshipment of containers climbed by 5.5%, to 157,050 TEUs. Transshipment of general cargo grew by 18.5%, to 509,200 tons, dry bulk cargo – by 5%, to 2,857,200 tons, liquid bulk cargo dropped by 27%,…
Alcohol excise duty will bring in some EUR 80 million less than estimated by the Ministry of Finance to Estonian state coffers next year, says the Estonian Institute of Economic Research (EKI), according to which this year’s revenues from the duty are smaller in absolute terms despite a steep rate hike. “The price difference with…