Wind farms belonging to Enefit Green, the renewable energy arm of the Estonian state-owned energy group Eesti Energia, produced more electric energy in the first 11 months of 2017 than in all of 2016. Output from the four wind farms owned by Enefit Green totaled 190 gigawatt-hours, exceeding its 2016 total of 185.5 gigawatt-hours. 190…
The Riigikogu has adopted the 2018 State Budget Act, according to which Estonia’s state budget will exceed EUR 10 billion for the first time. The budget was passed in the 101-seat chamber in the third and final reading with a 55-41 vote. The size of expenditures and investments set out by the budget is EUR…
While Estonian state-owned rail cargo operator EVR Cargo has estimated this spring that it would finish the year with a profit, the company now says that this will not be the case after all. The cargo operator’s October and November net profit totaled EUR 719,000. Due to low goods volumes during the previous three quarters…
A bill of amendments to the Alcohol Act and Advertising Act set to further restrict Estonia’s alcohol policy, which passed the first reading in the Riigikogu in March, has since been eased significantly in the Riigikogu. “We removed square meters of the size of the stores from the bill, and the new wording is that…
Port of Tallinn has won the Green Port/Terminal of the Year Award by the DPC Innovation Awards 2017. The award spotlights a port or terminal that has demonstrated an active and innovative response to the preservation and promotion of wildlife, reduction in air emissions, water quality, treatment of soils/sediments, community engagement and sustainability. Port of…
Estonia’s GDP increased by 4.2% YoY in the third quarter of 2017, Statistics Estonia reported on November 30. In the third quarter, the GDP at current prices was EUR 5.8 billion. The seasonally and working-day adjusted GDP remained at the same level compared to the second quarter of 2017 (with growth of 0.3%), but grew…
The congregation of Rakvere’s Karmel Church is planning to replace its current building with a new one, to include a gym, a cafe, and a sauna. According to the congregation’s pastor, Gunnar Kotiesen, they are building a new church because the current one dating back to 1933 is in bad condition, and also too small.…