While no such correlation applies to excise duty on tobacco, increasing the excise duty on alcohol would reduce Estonia’s excise revenue, it appears from the results of an analysis commissioned by the Ministry of Finance and conducted by PricewaterhouseCoopers Advisors (PwC). PwC’s analysis highlights that when making changes to excise duty policy, the state has…
The European Union Aviation Safety Agency’s (EASA) decision to ban Boeing 373 Max aircraft from its airspace will not directly impact Estonian flights. “Not a single Estonian airline uses this type of aircraft,” Kaupo Toodu, director of the Flight Operations Department of the Estonian Civil Aviation Administration (Estonian CAA). Toomas Uibo, director of marketing and…
Enefit Green, the renewables subsidiary of electricity generation company Eesti Energia, has seen a ten-fold increase in its electricity generation, the company reports. Enefit Green produced 124 GWh of electricity from its wind farms in February, ten times more than the previous year and 30% more than the previous month, according to a press release.…
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…