Estonian shipping line Tallink saw a 28% YoY fall in passenger numbers in July, the company reported to the Tallinn Stock Exchange, and carried 444,112 passengers that month. The fall was even greater on the Estonia-Finland route, where passenger numbers were over 43% down, but on the other hand, recovery was experienced on routes to…
More than 150,000 passengers went through Tallinn Airport in July, a coronavirus pandemic record, but it was still half of the traffic before the virus took over international travel last year. People heading for flights in Tallinn recently can see a livelier airport. The airport’s commercial manager Eero Pargmae said they did well in July.…
In June, the turnover of retail trade enterprises was EUR 780 million. Compared to June 2020, turnover increased by 12% in constant prices, data from Statistics Estonia showed. Jaanika Tiigiste, leading analyst at Statistics Estonia, said that turnover increased in grocery stores and stores selling manufactured goods as well as in enterprises engaged in the…
In the first half of 2021, Eesti Energia earned a net profit of EUR 16.5 million with a record sales revenue of EUR 538 million. In the same period last year the company made a net profit of EUR 5 million. Turnover of the first half of the year increased by 36% YoY and reached…
New electric scooter parking spots have started appearing in central Tallinn, set aside for the two companies operating rental services to the public: Tuul and Bolt. The parking spaces are free-of-charge and, while not mandatory for riders, their use is encouraged. Bolt spokesperson Kristiin Jets said Tallinn city government had come up with the idea.…
Grid distributor Elektrilevi has acquired competitor Imatra Elekter, Estonian subsidiary of a Finnish firm, for EUR 28.9 million. The move means Elektrilevi now serves nearly all customers nationwide. Board chair at Elektrilevi Mihkel Harm said of the deal: “The merger of two companies and full integration of systems will take close to two years, according…
The number of people employed in the Estonian startup sector grew by 130% in five years, whereas the sum total of labor taxes paid by the sector’s companies more than tripled during the same period, Startup Estonia reported. In 2016, when systematized data on the sector began to be collected, a total of 2,625 people…