Estonia: TLT CEO Enno Tamm to step down

Tallinna Linnatranspordi AS (TLT) board chairman Enno Tamm is to step down as soon as a new CEO for Tallinn’s transport company has been found. Tallinn Mayor Taavi Aas (Center), who conducted a meeting of the supervisory board of TLT for the last time, said that Tamm had submitted a letter of resignation, which would…

Estonia: February 2018 retail turnover up

According to information released by Statistics Estonia on March 29, the turnover of retail trade enterprises in February increased by 3% YoY at constant prices. In February the turnover of retail trade enterprises totaled EUR 495.9 million. The turnover of stores selling manufactured goods increased by 7% compared to February 2017. Turnover increased in five…

Estonia: budget to reach balance by 2020

At a meeting with representatives of the International Monetary Fund (IMF), Prime Minister Juri Ratas (Center) said that Estonia met the objective of medium-term budget balance and according to current plans should reach a balance by the year 2020. At the meeting Ratas introduced the Estonian government’s budget policy as well as activities to support…

Estonia: Tallinn announces public procurement for construction of Reidi Road

The Utilities Department of the City of Tallinn announced a public procurement for the primary builder in the construction of the Reidi Road project. The necessary work includes road construction extending the existing waterfront fortification, the establishment of utility networks, construction of water supply and sewage, a pumping station, street lighting, landscape architecture, electricity supply,…

Estonia: January 2018 retail turnover down

According to information released by Statistics Estonia, the turnover of retail trade enterprises in January decreased by 1% YoY at constant prices. The decrease in turnover was affected the most by enterprises engaged in the retail sales of automotive fuel. In January the turnover of retail trade enterprises totaled EUR 521.2 million. The decrease in…

Estonia: network operator signs framework agreements for next four years

Estonian distribution network operator Elektrilevi has entered into framework agreements with suppliers in six regions. The volume of the contracts reaches some EUR 40 million to be spent on extending, maintaining, and repairing Estonia’s electricity distribution network. The framework agreements are the most far-reaching yet, covering a large number of jobs and suppliers and outlining…

Estonia: ice road to open between Haapsalu and Noarootsi

The Estonian Maritime Administration has halted ship traffic in the part of Haapsalu Bay located south of Seasaar and east of the Rohukula-Sviby shipping lane, Maritime Administration spokesperson Priit Poiklik reported. The Estonian Road Administration has requested that, in case of appropriate weather conditions, ship traffic in the area of the planned Haapsalu-Noarootsi ice road…

Estonia: exports and imports up in 2017

According to information released by Statistics Estonia, the exports of goods increased by 8% and imports by 9% YoY in 2017, with exports totaling EUR 12.8 billion and imports to Estonia EUR 14.7 billion at current prices. The trade deficit in 2017 was EUR 1.9 billion, up by EUR 315 million. The increase in the…

Estonia: December 2017 retail turnover up

According to information released by Statistics Estonia on January 30, the turnover of retail trade businesses in December 2017 increased by 1% YoY at constant prices, totaling EUR 654.5 million. The turnover of stores selling manufactured goods increased by 7% compared to December 2016. Turnover increased in most economic activities, except for in non-specialized stores…

Estonia: milk production up in 2017

According to preliminary data of Statistics Estonia, the production of milk amounted to 791,800 tons in 2017, up by 1% YoY. The number of dairy cows increased slightly by the end of the year, and the average annual milk production per cow increased as well. On December 31, 2017 the number of bovines in Estonia…

Estonia: tests of electronic traffic signs with changing information successful

The Road Administration will install electronic traffic signs with changing information permanently in the second half of this year, as the one-month testing period of the signs has been successful. The initial tests of electronic traffic signs were successful, Siim Vaikmaa, head of the Road Administration’s traffic management center, declared. Vaikmaa added that the development…