Estonia’s largest natural gas distributor network operator Eesti Gaas is cutting the price of gas for household customers by 8% from March, following the fall in world gas prices. Natural gas prices reached record levels in Estonia from last fall. “We have decided to lower the price of the flexible package for residential customers by…
Finnish national airline company Finnair will resume direct flights between Tartu and Helsinki on March 28, five times a week. On Mondays, Wednesdays and Fridays, flights will start in the evening. According to the airline, it will facilitate connecting flights on domestic routes to Asia, Scandinavia and Finland. On Tuesdays and Thursdays, flights take place…
South Korean electric vehicles firm Global Phillips has announced plans to start producing electric buses in Ida-Viru County. Sung Ho Bang, Global Phillips board chair, said: “I am reassured that the plant has the right conditions to start assembling electric buses,” on visiting the location at Ahtme, currently operated by Shorma OU, who are partnering…
The average interest rate of householders’ term deposits stood at 0.29% in the fourth quarter of 2021, down from 0.9% a year earlier, while average interest rates on consumer loads to householders fell over the same time period, from 19.9% to 17.5%, the Bank of Estonia (Eesti Pank) said. The average interest rate on long-term…
The Competition Authority (Konkurentsiamet) has approved a 10% price hike for electricity grid distributor Elektrilevi’s connection fee. Elektrilevi has cited a rise in the cost of its transmission service as provided by electricity and gas supplier Elering, as well as a volatile electricity market and a 0.2% rise in the Competition Authority’s own fees. Mihkel…
With the help of Tallinn’s new transport model, it is possible to forecast and analyze people’s mobility needs and better plan both urban transport and urban space more broadly. This is not an individual study, but a permanent tool that can be used to assess whether and how decisions concerning urban space and traffic support…
Tallinn hopes to be able to complete the procurement project for the extension of the tramline until autumn, but several disputes still need solutions. The capital’s tramline will be extended to Tallinn’s Old Harbor and financing has been provided by the EU. Construction work should start until the end of the year and finish in…