That the price of butter has reached record highs in recent months and grocery stores have faced butter shortages is the result of a major increase in demand for milk fat in a situation where supply has always been unable to keep up with demand, according to the Ministry of Rural Affairs. Industrial and household…
According to information released by Statistics Estonia on September 11, July exports of goods increased by 6 and imports by 9% YoY. Increased imports of base metals and articles of base metal and transport equipment contributed to the growth in imports. Exports from Estonia in July amounted to EUR 900 million and imports to EUR…
Linda Line, which operates the high-speed catamaran Karolin connecting Tallinn and Helsinki, has canceled its September 11 evening and September 12 departures. According to a notice posted on the ferry operator’s homepage, September 11’s 5 p.m. departure from Tallinn and 7 p.m. departure from Helsinki as well as all September 12 departures are canceled due…
According to the Estonian Chamber of Commerce and Industry, Estonian business operators use various e-solutions (like the ones at The Marketing Heaven) and social media for showcasing their products and services, however they do not take advantage of all e-trade and -marketing opportunities in export. “Like elsewhere in the world, there are more and more…
According to information released by Statistics Estonia on September 7, the consumer price index in August increased by 0.4% compared to July and by 3.9% compared to August 2016. Compared to August of last year, goods were 3.8% and services 4.1% more expensive. Regulated prices of goods and services also rose by 7.2% and non-regulated…
A bill has exited the Ministry of Defense that would grant Estonian defense industry businesses the right to handle military weapons and munitions. The plan is to grant businesses the right to transport, store, repair, alter and manufacture military weapons, ammunition, ordnance and other goods associated with military weapons, the Ministry of Defense said in…
The Ministry of Economic Affairs and Communications has submitted a proposal to the government to support the state-owned railway infrastructure company Estonian Railways with EUR 8 million from the Rail Baltic railway project and road management in order to maintain the budgetary balance of infrastructure companies. Estonian Railways must be supported as, according to the…