Changes implemented to Tartu-Helsinki flight schedules this April have not had a positive impact on passenger numbers at Tartu Airport. While August 2016 saw nearly 2,800 passengers on flights served by Tartu Airport, just 2,003 passengers flew on the airport’s Tartu-Helsinki-Tartu route last month. Over the past two years, the decline in passenger numbers has…
Port of Tallinn (AS Tallinna Sadam) says its shares have been listed on the OMX Nasdaq Tallinn Stock Exchange in the Baltic Main List since June 13. The trading symbol of the shares is TSM1T and the number of common shares outstanding is 263,000,000, of which 176,295,032 (67,03%) is owned by the Republic of Estonia…
African swine fever (ASF) has devastated pig farming in Estonia. Only 14% of the number of farms in 2014 remains, says UK daily The Guardian, with small-holdings especially ravaged. Over the four years, the number of pig farms apparently has fallen from 920 to 125. By law, even one ASF case means the slaughter of…
Representatives of the Chinese state-owned construction company China Construction Communication Engineering Group visited the island of Muhu, where they were familiarized with the plans of a local group of businessmen to build a bridge between Muhu and Saaremaa and the Estonian mainland. The representatives affirmed their company’s readiness to participate in the bridge project. Former…
The state should consider the introduction of a reduced social tax rate as an incentive either under the existing system of no corporate income tax, in its place, or as an option available to businesses, President Kersti Kaljulaid said. Kaljulaid said that in the past 30 years Estonia’s tax system had aimed at attracting capital…
Consumer prices in Estonia rose by 79.5% between 2000 and 2017, more then twice the EU average of 36.5% and fifth in Europe, Eurostat, the European Commission’s statistical agency said. Estonia was, according to the figures, well above the EU average in virtually all sectors, most notably alcohol and tobacco products, where prices in Estonia…
Whilst ride-sharing service Uber has hiked its prices at least in Tallinn, taxi-hailing app Taxify has announced that it is not planning to follow suit and that its pricing policy will remain as it is for the foreseeable future. “Taxify is not planning any changes in pricing in the near future,” Marek Unt, head of…