Design work for Rail Baltic’s Ulemiste Terminal is slated to begin next month, and the entire terminal must be fully ready for use by 2026, by which time the international railroad’s remaining infrastructure will have been complete. Rail Baltic Estonia OU Chief Technical Officer (CTO) Anvar Salomets said that Zaha Hadid Architects and OU Esplan,…
A recent Organisation for Economic Co-operation and Development (OECD) survey found Estonia’s economy continued to perform well, however, there were problems arising from income inequality, the private sector’s lack of technical adaptability, and the low productivity and carbon intensity of the energy sector. The report pointed out positively Estonia’s expertise in IT and digitized government…
An investigation by newspaper Postimees reveals that Estonia’s economic growth is being built at the expense of third-country migrants who often face mistreatment at the hands of bosses and companies. The daily reported it had found over 1,000 online job adverts targeting workers in Ukraine from EUR 4 hourly-paid jobs in Estonia and advertising working…
Estonia’s industrial production in October was smaller by 3.9% than in October 2018, which represented one of the highest rates of decline among EU member states during this time frame. In October industrial production decreased by 2.2% in the euro area and by 1.7% in the EU28, figures made available by Eurostat showed. Among member…
Imports and exports declined by more than 5% in October with the biggest fall coming from non-EU countries, new figures by Statistics Estonia showed. In October, compared to October 2018, the exports of goods decreased by 7% and imports by 6%. The biggest decline, by nearly a fifth, was recorded in trade with non-EU countries.…
The Consumer Price Index increased by 1.8% in November compared to November 2018, figures from Statistics Estonia showed. The newly released figures showed the change of the consumer price index in November was -0.2% compared to October and 1.8% compared to November 2018. Compared to November 2018, goods were 1.1% and services 3.1% more expensive.…
The state-owned electricity generator Eesti Energia has reduced its CO2 emissions by 50% YoY, the company says, and has tripled its renewables energy production over the same period. Hando Sutter, CEO of Eesti Energia, made the announcement, adding that the European Commission’s climate neutrality target for 2050 was achievable, even if oil shale production continued…