The share of consignments from China and e-commerce volumes are growing rapidly. One of the most aggressive online shops is Temu, which uses psychology to influence consumers. Experts recommend that consumers consciously consider the impact of their purchases and, where possible, prefer local producers. Omniva Estonia’s head of sorting, Eduard Resetov, said that goods of…
Although Regional Jet, which operated under the Xfly brand, went bankrupt in February, it still had dozens of employees and a valid maintenance certificate. In November last year, Nordic Aviation Group and its subsidiary Regional Jet filed for bankruptcy. The court declared Nordica bankrupt in January, followed by the bankruptcy ruling for Regional Jet, which…
The number of people unable to afford a standard living decreased last year, but relative poverty among single-parent families and absolute poverty both increased. Relative poverty refers to a situation where a person is not in direct material deprivation but cannot afford the standard of living considered typical in society. According to data from the…
The Competition Authority has launched an investigation into nearly all of the country’s largest retail chains over potential unfair trading practices with food suppliers. The inquiry targets Coop Eesti Keskuhistu, Selver, Prisma, Rimi, Maxima and OG Elektra, the owner of Grossi Toidukaubad. Kristin Truus, a lawyer at the Competition Authority, said the agency focused this…
Prices in Estonia have eased for the second month in a row, and analysts expect the slowdown to continue next year even as the country still leads the euro area in inflation. According to preliminary data from Statistics Estonia, prices in October stayed level with September. On year, the consumer price index (CPI) rose by…
The government has submitted the draft Energy Economy Development Plan 2035 (ENMAK) to the Riigikogu for debate. The plan aims to guarantee energy security, increase Estonia’s competitiveness and contribute to the transition to a clean energy economy. Minister of Energy and the Environment Andres Sutt (Reform) said that Estonia’s energy system needed to be modernized…
Prime Minister of Ukraine Yulia Svyrydenko met with Minister of Foreign Affairs of the Republic of Estonia Margus Tsahkna. “Estonia is a committed ally that consistently supports Ukraine across all areas – energy, humanitarian aid, and digital development,” noted the Head of the Ukrainian Government. The discussion focused on energy support for Ukraine amid ongoing…