The Ministry of Finance is waiting for remote gambling companies to make voluntary donations after an error exempted the franchises from paying tax. The mistake is expected to cost the state EUR 4 million. Riigikogu members on February 10 approved a technical fix restoring the gambling tax to online casinos, closing a legislative error that…
The plan to establish a city economic growth council, outlined in Tallinn’s coalition agreement, will take more concrete shape in the coming weeks, Mayor Peeter Raudsepp has said. Since last year, a national economic growth council made up of entrepreneurs has been meeting under the Government Office to identify ways to reduce bureaucracy in Estonia.…
Estonian supermarket chains are increasingly stocking and selling products under their own private labels. However, according to the Estonian Food Industry Association, the continued expansion of these owned brand goods may pose a risk to domestic producers. Private label or own-brand products are made to order for retail chains, carry the store’s own branding and…
International food producer Paulig plans to expand in Estonia, though this hinges on reaching an agreement with Swedish trade unions. Relocating production to Estonia, where Paulig already operates a production plant in Saue, near Tallinn, would mean closing a factory in Molndal, Sweden, which Paulig currently leases. To close down the Molndal plant, near Gothenburg,…
Estonia’s major grocery chains – Selver, Grossi and Coop – are continuing their active expansion this year and plan to open new stores in several locations. Selver plans to open two new stores in the second half of the year – one in Parnu and another in Joelahtme Municipality. The chain has no plans to…
Post-holiday sales at industrial goods stores are drawing as many shoppers as last year, but weather gear, sports goods and clothing are selling better. January is traditionally a discount season in retail and this year is no different. Guido Parnits, director of the Ulemiste Keskus shopping center, told ERR that sales during this year’s January…
Cheese prices in Europe are falling due to overproduction, but this has not yet been reflected on Estonian store shelves. Producers say prices may drop in February or March. The price of raw milk on the international market has fallen by 20-30% compared with last year, but this has yet to be reflected in the…