According to Statistics Estonia, in March the production of industrial enterprises increased by 8% compared to March 2017. Production increased in manufacturing as well in mining and in energy. In March the total production in manufacturing was 5% higher compared to the corresponding month of 2017. In March over a half of the branches of…
The first quarter sales revenue of the Estonian state-owned energy group Eesti Energia totaled EUR 228.6 million, marking an increase of 6.2% on year, while net profits declined by 16.1%, to EUR 40.5 million. The revenues of most business segments of Eesti Energia grew in the first quarter on the back of higher electricity and…
Estonian Railways (EVR), the Estonian state-owned railway infrastructure company, is to begin repairwork on the Tallinn-Keila-Riisipere section of rail beginning with Riisipere Station on April 30. “Beginning from April 30 rail work will be carried out on the western part of Riisipere Station,” Riho Vjatkin, head of EVR’s construction service, said in a press release,…
A subsidiary of Estonian logistics company GTS Express entered into a cooperation contract with a Chinese company in the framework of which initially two trains from Xian per week should begin arriving in Muuga beginning in June. On April 19, GTS Rail, a subsidiary of GTS Express, signed a cooperation contract in the Chinese city…
In Estonian passenger aviation a considerable 19% growth has been observed by the Tallinn Airport in 2017, which has explained the increase in passenger numbers partly with unusually bad weather conditions. Tallinn Airport’s commercial director, Eero Pargmae, has said that the Estonia’s busiest airport is seeking to provide its services for some 2.9 million travelers…
The ticket revenue of Eesti Liinirongid AS, the Estonian state-owned operator of passenger trains operating under the Elron brand, increased by 15% YoY, to EUR 1.2 million in March. The number of boardings in March totaled 635,000, up by 4% YoY, the company said on April 19. The Elron routes with the highest passenger numbers…
The state-owned airport operator AS Tallinna Lennujaam (Tallinn Airport) announced a public tender this week for the drawing-up of a preliminary draft and technical project for the construction of a maneuvering area at the airport of Parnu. Altogether EUR 20 million are to be allocated out of the state budget for the reconstruction of Parnu…