Estonia: VKG loses oil shale price dispute in court

Northeastern Estonia-based shale oil producer Viru Keemia Grupp (VKG) lost in court in an oil shale dispute against state-owned energy group Eesti Energia and the Estonian Competition Authority. Tallinn Administrative Court decided not to satisfy a claim filed by VKG AS and VKG Oil AS regarding the termination of a supervision proceeding. The Estonian Competition…

Estonia: Elron to increase ticket prices

The Estonian state-subsidized Elron, which operates passenger rail service across Estonia, is increasing ticket prices for its electric and diesel trains by 3% to 5% on average. The new prices will take effect on December 10. “Beginning on December 10, the procedure for calculating infrastructure fees will change,” explained Elron sales and development manager Ronnie…

Estonia: Elron to raise ticket prices

A ticket price increase for Elron trains is inevitable because the wages of the company’s employees need to be increased, among other things, Minister of Economic Affairs and Infrastructure Kadri Simson (Center) said. “Elron’s ticket prices have been unchanged for several years now, whereas the overall price rise during the same period has reached almost…

Estonia: Elron ticket revenue up in September 2017

The state-owned passenger train operator Elron sold tickets for EUR 1.1 million in September, up by 8% YoY. At 650,000 passengers, the number of people that used Elron’s connections increased by 9% as well, or by some 50,000 people. The company’s busiest routes in September this year were Tallinn-Paldiski with 116,000, Tallinn-Riisipere with 102,000, Tallinn-Aegviidu…

Estonia: alcohol tax revenue to drop in 2018

Alcohol excise duty will bring in some EUR 80 million less than estimated by the Ministry of Finance to Estonian state coffers next year, says the Estonian Institute of Economic Research (EKI), according to which this year’s revenues from the duty are smaller in absolute terms despite a steep rate hike. “The price difference with…

Estonia: September 2017 consumer price index up

According to the information released by Statistics Estonia, the consumer price index in September decreased by 0.1% compared to the previous month and increased by 3.7% YoY. Compared to September 2016, goods were 3.7% and services 3.5% more expensive. Regulated prices of goods and services have risen by 7.4% and non-regulated prices by 2.7% compared…

Estonia: completion of eastern border delayed

While Estonia’s modern eastern border with Russia was initially planned to be completed by 2018 or 2019 at the latest, currently even test sections of the border have not yet been finished. Last November, then-Minister of the Interior Hanno Pevkur (Reform) said that the Estonian government had set the ambitious goal of building the new…