The Estonian Association of Travel Agents has turned to the justice chancellor and is considering going to court in connection with a Ministry of Economic Affairs and Communications decision to ban direct flights to third countries. Minister Taavi Aas (Center) said that decisions were made based on the epidemiological situation. A charter flight to Turkey…
The regional CEO of Flixbus has said the international bus company has now met the requirements to provide a route from Tallinn to Vilnius, Lithuania, but is now waiting for specifications from the Ministry of Economic Affairs and Communications (MKM). In August, Flixbus Estonia proposed opening a line between the capitals of Estonia and Lithuania,…
The government on September 29 agreed on the state budget for 2021 with expenditures amounting to approximately EUR 13 billion and revenues at over EUR 11 billion. Funding for research will increase to 1% of GDP and pensions will rise. Prime Minister Juri Ratas (Center) said the purpose of the budget was to accelerate economic…
Electrical equipment manufacturer Harju Elekter has concluded an eight-year, approximately EUR 20-million framework agreement with regional Finnish electricity distribution system operator Elenia OY. The parties signed the first agreement for the years 2021-2023, which granted the Finnish company the right to organize mini-tenders among partners who entered into the framework agreement. Additionally, a supply contract…
In August, the producer price index of industrial output increased by 1.1% MoM, but decreased by 2.2% YoY, data from Statistics Estonia shoed. Leading analyst at Statistics Estonia Eveli Sokman said, in August, compared to July, the producer price index was affected primarily by price increase in electricity supply. “Price decreases in the manufacture of…
As part of Ida-Viru County’s plans for transition to a sustainable economy, Estonia’s state-owned energy group Eesti Energia is seeking to build a methanol production complex in the county with an estimated cost of EUR 280 million. In an overview of Eesti Energia’s development projects sent to Minister of Public Administration Jaak Aab (Center), Minister…
More than 56% of the population made an online purchase in the last three months and spending has increased. More than half of companies, which use the Internet, are using paid-for cloud services. Newly released data from Statistics Estonia showed that 56.5% of the population aged 16-74 used e-commerce in the last three months. Compared…