Cargoes transported on the infrastructure of the state-owned Estonian railway infrastructure company Estonian Railways in the first six months of 2020 declined by 20.8% YoY, to 5.46 million tons. The largest commodity group was fertilizer, which was transported in the total amount of 3.2 million tons, up by 7.6%. Estonian Railways (Eesti Raudte) CEO Erik…
The economy will not be restored to its pre-coronavirus crisis state, the Ministry of Economic Affairs and Communications’ deputy secretary general for economic development Viljar Lubi has declared. “On the one hand, this is impossible because it is unsustainable and no country is even trying to do that. At the same time, there is a…
Although the government decided last week to allocate EUR 4 million to cover costs for renewable energy instead of raising prices, there is still an estimated EUR 9-million shortfall not covered for producers of renewable energy. There is now a decision to be made if support for those production fees should be allocated out of…
Exports and imports in Estonia both declined by a quarter YoY in May, government agency Statistics Estonia reported. Imports from China did however rise slightly, driven mainly by consignments of personal protective equipment from the country during the coronavirus pandemic. Evelin Puura, leading analyst at Statistics Estonia, said trade decreased the most with EU Member…
Hungarian budget airline Wizz Air has been barred from flying between Tallinn and the Ukrainian capital, Kyiv, till at least the end of July, due to that country’s coronavirus incidence rate. Wizz had been operating flights between the two capitals last week, but the Ministry of Economic Affairs and Communications had issued a precept to…
Passenger numbers traveling through the state-owned Port of Tallinn (Tallinna Sadam) fell by 81.7% YoY in the second quarter of 2020, as the effects of the coronavirus pandemic and resulting border closures made themselves known, the company reported. Cargo volumes actually increased, by over 5%. 531,000 passengers passed through the Port of Tallinn, which includes…
Tallink Grupp has announced that the special direct return trip from Riga to the island of Saaremaa in Estonia, planned to take place on July 26 to 28, on company’s vessel Romantika as a new summer destination is cancelled due to low customer demand. The other special direct trip to Saaremaa from Helsinki is generating…