Power company Eesti Energia is to close part of its operations at the Narva power plants in eastern Estonia, leading to around 150 job losses. Some older electricity generation blocks have to be decommissioned in line with requirements of the EU Industrial Emissions Directive. The move also means the proportion of electricity generated from oil…
As announced already in 2018, flag carrier Nordica closed down its Oslo, Amsterdam and St Petersburg routes on January 14. The reduced flight plan leaves the airline with eight direct routes this winter. The destinations still available for direct flights from Tallinn are Stockholm, Vilnius, Copenhagen, Brussels, Kiev, Warsaw, Vienna and Munich, the airline said.…
Public transport in Tallinn is currently free for all registered residents of the capital city. The coalition Centre Party, however, intends to expand free public transport in Tallinn to all Estonian residents, part of a broader effort to ultimately provide free transport throughout Estonia. According to Centre Party board member Toomas Vitsut, the time has…
In December 2018 AS Tallink Grupp transported 811,261 passengers, down by 0.5% YoY. The number of cargo units decreased by 4.4%, to 27,076 units and the number of passenger vehicles by 3.3%, to 84,814. In the fourth quarter of the 2018 financial year (October – December) AS Tallink Grupp transported 2,251,084 passengers, down by 2.8%…
According to information released by Statistics Estonia, in November 2018, the exports of goods increased by 18% and imports by 15% YoY. The trade deficit was EUR 56 million, dropping under EUR 60 million for the first time since January 2015. In November 2018, the top destination countries of Estonia’s exports were Finland (15% of…
According to the information released by Statistics Estonia morning, the production of industrial enterprises increased by 8% YoY in November 2018, with production increasing in manufacturing and energy, but decreasing in mining. Total production in manufacturing in November 2018 increased by 8%, with over half of all industry branches exceeding its 2017 November volumes. This…
According to information released by Statistics Estonia, in November 2018, the turnover of retail trade enterprises totaled EUR 604 million, accelerating from 3% growth YoY in October to 5% growth at constant prices. The turnover of stores selling manufactured goods increased by 10% YoY. Turnover increased in most economic activities, except in stores selling second-hand…