Listed Estonian shipper Tallink Grupp carried a total of 620,006 passengers in February, down by 0.4% YoY. The number of cargo units carried by Tallink ships in February grew by 1.1%, to 29,115, while the number of passenger vehicles decreased by 1.2%, to 66,835, Tallink told the Tallinn Stock Exchange (TSE). The number of passengers…
The Supreme Court of Estonia has dismissed an appeal submitted by the Lithuanian dairy company Zemaitijos Pienas against Estonia’s Estover in the string cheese trademark dispute, leaving Estover the right to sell its products under the name Piknikupulgad (Picnic Sticks). Zemaitijos Pienas, one of Lithuania’s largest dairy companies, first initiated a dispute with Estonian dairy…
The Haapsalu-Noarootsi ice road continues its on-off operational history this winter, being closed again on February 22. However, an ice road on Lake Peipus was opened on the same day. The Haapsalu-Noarootsi route, which cuts out the circuitous route needed to get from the western Estonian town of Haapsalu to the adjacent Noarootsi peninsular, also…
Tallinn Airport CEO Piret Murk-Dubout confirms that flights to the island city of Kuressaare are popular enough to justify operating larger aircraft. The number of passengers on the route has grown steadily in recent years, Murk-Dubout said. Speaking at a conference of businesses on the island, Murk-Dubout said that islanders’ call for larger aircraft with…
The ice road between Haapsalu and Noarootsi opened on February 15 at 11.00 EET, only to close a few hours later. The 4km stretch of ice road, a short cut between the mainland town of Haapsalu and the Noarootsi peninsular, also on the mainland, was opened to vehicles weighing up to 2.5 tons. However, thawing…
The rate of long term unemployment in Estonia in 2018 was the lowest for 20 years, according to government agency Statistics Estonia, with the labor force also increasing in size. The average unemployment rate for the whole year was 5.4% in 2018, the agency says, with the labor force participation rate 71.9%, and the employment…
The Listing and Surveillance Committee of Nasdaq Tallinn decided to approve the application of Magnetic MRO AS, the global provider of total technical care for aircraft operators and lessors headquartered in Tallinn, and admit 80,000 bonds of Magnetic MRO AS with a nominal value of EUR 100 each to trading on MTF First North, operated…