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Category Archives: Estonia

Estonia: Eleon to receive EU funding for development of wind turbine

EstoniaBy admin2017-11-15Leave a comment

Estonian wind energy company Eleon AS and international partners are working on a EUR 38 million project to develop a wind turbine with a capacity in excess of 10 megawatts, and expect to receive a decision from the European Commission on project financing under the Horizon 2020 measure early next year. “The decision can be…

Estonia: Tallinn to begin testing self-driving bus in public transport in 2018

EstoniaBy admin2017-11-14Leave a comment

Next year, the City of Tallinn will begin testing the limited application of a self-driving bus in public transport. The self-driving bus is to be tested on the last mile, which in transportation refers to the movement of people from a transportation hub such as a bus stop to their final destination. Tallinn University of…

Estonia: Tax and Customs Board planning to do away with tax returns

EstoniaBy admin2017-11-14Leave a comment

Giving up tax returns and replacing them with data-based information exchange is a long-term objective of the Estonian Tax and Customs Board, the director of the tax authority, Valdur Laid, says. “Our vision is to do away with all sorts of declarations altogether. Being a strong e-state, we very easily have the capability to receive…

Estonia: express train to Narva to enter service in 2018

EstoniaBy admin2017-11-13Leave a comment

Beginning in January, Elron will begin offering express rail service from Tallinn to Narva that will shave 25 minutes off the current travel time of about 2 hours and 40 minutes. Andrus Ossip, who met with Southern Estonian municipal leaders, said that the recently announced increase in ticket prices would be due to the addition…

Estonia: October 2017 registered unemployment at 4.6%

EstoniaBy admin2017-11-13Leave a comment

As of the end of October, the number of registered unemployed in Estonia stood at 29,626, accounting for 4.6% of the total workforce between the ages of 16 and retirement age. The rate of registered unemployment remained the highest in Ida-Viru County at 9.3% and Valga County at 8.5%. Unemployment was the lowest in Harju…

Estonia: Tallink Group’s unaudited revenue up in Q3 2017

EstoniaBy admin2017-11-13Leave a comment

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%,…

Estonia: Tallinn-Tartu highway’s first 2+1 passing zone opens to traffic

EstoniaBy admin2017-11-10Leave a comment

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…

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