State-owned Estonian airline Nordica carried more than 102,000 passengers on their Tallinn routes in the first quarter of the year, down by 16% YoY. The result is nevertheless “in line with the company’s plans”, Nordica wrote in a press release, and the smaller numbers were due to unprofitable routes they had closed in the meantime.…
The rural municipality of Viru-Nigula in Laane-Viru county is interested in getting the small nuclear reactor Fermi Energia is planning to build in Estonia. Viru-Nigula mayor, Einar Vallbaum, said that they were very interested in the coming nuclear power station. “We’re helping along as much as we can, because seeing this nuclear power station built…
A tunnel between the two cities would make Tallinn a “suburb” of Helsinki, which would substantially add to Finns’ interest in the local real estate market, CEO of developer Ober Haus, Tarmo Kase, said on April 15. Kase said that Tallinn would become attractive as a place of residence for Finns. Real estate market prices…
Registered unemployment in Estonia remained unchanged YoY in March. The total figure for registered unemployed was 33,3976 at the end of March, the same as the end of March 2018, and a 0.1% drop on the previous month. The figure constitutes 5.1% of the workforce aged 16 to retirement age, the Unemployment Insurance Fund (Tootukassa)…
According to the information released by Statistics Estonia on April 9, Estonian exports of goods increased by 4% and imports by 5% YoY in February, with exports being boosted by wood, articles of wood and prefabricated wood buildings. In February, exports from Estonia amounted to EUR 1.16 billion and imports to EUR 1.26 billion at…
In March AS Tallink Grupp transported 686,488 passengers, down by 4.1% YoY. The number of cargo units increased by 2%, to 32,524 units and the number of passenger vehicles by 5.9%, to 76,016 units, the company says in a press release. In the first quarter of the 2019 financial year (January-March) AS Tallink Grupp transported…
According to Statistics Estonia, the turnover of retail trade enterprises increased by 5% at constant prices in February compared to the same month last year, reaching EUR 527.5 million. The turnover of shops selling manufactured goods increased by 6%. The greatest increase was reported for shops selling textiles, clothing and footwear, with sales increasing by…