An almost 50% ticket rise for visitors to Estonia’s largest islands has been postponed until later this year after a meeting between local mayors and the government. The price hike was due to take effect in February and would have only affected visitors, not island residents. Minister of Economic Affairs Taavi Aas (Center) met with…
In November 2021, the turnover of retail trade enterprises was 808 million euros, data from Statistics Estonia showed. Compared to November 2020, turnover increased by 14% at constant prices. Johanna Linda Pihlak, analyst at Statistics Estonia, said turnover increased in grocery stores, in stores selling manufactured goods as well as in enterprises engaged in the…
Tallink Grupp says its Tallinn-Helsinki route shuttle vessel Megastar will go for its first regular dry-docking since the vessel first started operating on the route in January 2017 to Naantali shipyard in Finland in January 2022. The vessel will be in the dock for technical maintenance on January 11-16, 2022. During the docking the vessel…
Tartu’s city government has approved a EUR 212.8-million budget for 2022. Education features prominently, while Estonia’s second city is also seeing investment in infrastructure and in preparations for its stint as European culture capital in 2024. The budget is slightly down on 2021’s figure of EUR 215 million. Total investments come to EUR 33.6 million,…
Bank of Estonia governor Madis Muller said the tourism sector was set to be hit with a labor shortage as it began to recover from the coronavirus crisis. “The sectors related to tourism, hotels and entertainment are where the number of jobs has drastically decreased. These people have already found new jobs somewhere else. As…
German retailer Lidl has signed contracts with 800 new employees in Estonia, thus, according to the company, the teams of the retail chain’s first eight Estonian stores have been assembled. Training for new store employees will begin in stores in January, during which they will acquire the necessary knowledge and skills to perform everyday tasks,…
December 20 saw the market price of electricity triple compared to December 19 in the Estonian price area of the Nord Pool exchange. The average price was EUR 88.01 on December 19 and EUR 269.82 on December 20. The price was the highest between 6 p.m. and 7 p.m. hitting EUR 468 per megawatt-hour. Prices…