Instead of the initially projected EUR 137 million, the vehicle registration fee brought in only EUR 64.2 million for the Estonian state in 2025 – more than 50% less than expected. Revenue from the annual vehicle tax, however, was close to forecasts and totaled EUR 87 million. The Estonian car market experienced a downturn in…
The state-owned postal service Eesti Post reported revenues were up by 9% last year, to EUR 154.7 million, while net profit reached EUR 5.9 million. The company posted a net loss of EUR 0.6 million in 2024. Eesti Post is branded as Omniva in Estonia, and also operates in the other two Baltic States. Revenues…
The Reform-Eesti 200 coalition has opted to issue a supplementary budget for this year, mainly to help fund the ongoing eastern border construction work. Other items will fund AI, a planned munitions plant, and cover the cost of lost revenues after online casinos were left exempt from paying tax. “The move will require an amendment…
Swedbank and SEB in Estonia reported lower profits in the first quarter of 2026 as declining interest income tied to lower market rates offset continued growth in lending. Swedbank, the commercial bank with the largest market share in Estonia, posted a net profit of EUR 55 million in Estonia in the first three months of…
Estonia may ask the United States for permission to purchase ammunition from other suppliers, the head of Estonia’s parliamentary defense committee Kalev Stoicescu (Eesti 200) has said. The United States has halted ammunition deliveries to Estonia at least until the conflict involving Iran is resolved. Speaking on ERR, Stoicescu said the suspension affected not only…
The Transport Administration plans to thoroughly reconstruct Estonia’s most accident-prone intersection, the Juri roundabout in Rae Parish, so that the Tallinn Ring Road runs straight through it. The Juri interchange is a unique interchange in Estonia, where traffic passes through a large roundabout with a diameter of 390 meters. The Tallinn ring road is interrupted…
The strong mustard-in-a-tube long produced in the central Estonian town of Poltsamaa will end this month after the factory gas been sold. Mustard production is to be moved to a production plant in Latvia and will be marketed under the Felix brand, after parent company Orkla Eesti decided in autumn to sell the Poltsamaa business…