Fading scrap metal business
Estonian scrap metal handlers say that people are running out of scrap metal and the recently profitable business lacks new growth potential.
11.04.2017, Lennart RuudaPM
Retailers not intimidated by Lidl
While Estonian supermarket chains believe Germany's Lidl to be a worthy competitor whose entry to the market could prove consequential, the move is not seen as a major threat.
20.03.2017, Maiken MägiPM
Borough denies congregation premises
Tallinn Center borough government has decided to revoke the results of a rental competition from last December that saw premises on Narva rd. rented to the Estonian Islamic Community.
14.02.2017, Uwe GnadenteichPM
Leading pharmaceutical company looking toward Lithuania
Estonia's largest pharmaceuticals manufacturer, generic veterinary drug maker Interchemie, has been fighting the State Agency of Medicines over sales permits for a long time and has now turned its gaze toward Lithuania.
07.02.2017, Adele JohansonPM
Hiding alcohol to cost millions
Larger shops will have to move alcohol out of sight in the coming years. Retail chains say compliance with the regulation requires them to build opaque partitions that requires short-term investments stretching into millions.
02.02.2017, Lennart RuudaPM
Prosecutor to appeal decision to drop 1 charge in Liviko case due to expiry
The prosecution is set to appeal the decision of the Tallinn circuit court to drop one charge in the cartel case related to the alcohol producer Liviko as expired.
23.01.2017, News.postimees.ee / BNSPM
Port waiting for ideas for development competition
The Port of Tallinn has announced an international idea and architectural competition for its Vanasadam (old port) to find a long-term integral solution to tie the 54-hectare area to real estate developments and public space.
22.11.2016, Uwe GnadenteichPM
LHV aiming for wealthier Estonians
Estonian bank LHV is looking to fill the gap left in the home loans market by the recent departure of DNB and Danske by offering loans to Estonians in Tallinn and Tartu.
18.10.2016, Siiri LiivaPM
Poll: Kaljurand has narrow lead over Kallas in Estonia's electoral college
A fresh survey of electors carried out by Estonia's public broadcaster ERR shows that in the electoral college of the presidential election Marina Kaljurand has a narrow lead over Siim Kallas.
Vaata, millise bikiinivormiga läheb fitnessikaunitar Egle Eller-Nabi olümpiale võistlema!
Fitnessi kaunitar ja treener Egle Eller-Nabi pakkis kohvrid ja põrutas täna Ameerikasse Las Vegasesse, et võistelda seal bikiinifitnessi olümpial.
Winner of competition for design of victims of Communism announced
The Estonian state real estate management company RKAS in collaboration with the Ministry of Justice, organizations of victims of repressions, the City of Tallinn and the Estonian Association of Architects chose the design «Teekond» («Journey») as the winner of a competition for the design of a memorial to victims of communism and officers of the Republic of Estonia.
The state to sell four enterprises
Report on enterprises under economy ministry domain prescribes privatisation of EVR Cargo, Eesti Post, Metrosert, Teede Tehnokeskus and Eesti Teed, leaving the ministry with 15 companies.
09.08.2016, Andres Reimer, RiiaPM
Kanter throws discus to European bronze
Appearing out of nowhere, as if, Gerd Kanter (37) needed just one good throw to place third at European Champs in Amsterdam with his season's best of 65.27. For him, this is the eleventh medal from title tournaments and in Estonia he thus towers alone.
11.07.2016, Peep PahvPM
Prime minister raised excises by force
Entrepreneurs say rise of alcohol and fuel excise mainly harms retail in counties bordering with Latvia while transport related to exporters is hit all over the land.
20.06.2016, Andres Reimer, RiiaPM
Nordica foresees €15m of loss
The new national airline Nordica is expecting a €15m loss for first financial year, caused by high starting costs.
17.06.2016, Marge TubalkainPM
Wage rise eats into company profits
While corporate profits shrunk by 12 percent in first quarter wages rose by eight percent, Statistical Office reported yesterday.
07.06.2016, Marge TubalkainPM
Network operator says Estonia to halve power production
State enterprise Elering chief Taavi Veskimägi says we need to jettison the pillar and stay of our energy security which is excess capacity in case of winter colds.
07.06.2016, Andres Reimer, Riia
Galerii: BMW tähistab M3 kolmekümnendat sünnipäeva eriversiooniga
Saksamaa autotootja BMW teatas, et sportmudeli M3 kolmekümnenda sünnipäeva puhul on valmimas mudel BMW M3 30 Jahre, mida lastakse tehasest välja vaid 500 eksemplari, kirjutab Gizmag.
Editorial: favour not private schools at taxpayer's expense
Long has been the debate in society regarding private school financing. It’s not a matter if these are good or bad.
The golden parachutes gang
Not too long ago, in the 1990ies, former chiefs in law enforcement faced the danger of dropping out of state system. By now, Estonia features a coterie ensured place on public payroll after the term expires.
30.12.2015, Oliver KundPM
Norma backs out from making safety belts
A producer of car safety devices, Norma has been making safety belts for over four decades beginning in 1973. Now, a best known industrial enterprise in Estonia, they have focused on details providing greater added value.
21.12.2015, Tõnis OjaPM
Editorial: the rural Estonian swimming pool boom
Alas, European money alone will not make the Estonian regions equally prosperous. As shown by a Praxis study, the funds have found a use rather self-centered and driven by narrow-minded local interests.
Editorial: connections lost? What's the cost?
Of course we need the connections. Truth be told, we will always need more of them, and of ever superior quality. International cooperation comes not the e-way only. People do have to meet in the physical realm, and that takes travelling at high speeds and by companies.
The ranting dads and the rattled kids on the fields
«Get the game!», «Boil the umpire!», «Pass better!», «Strike stronger!». A late afternoon at sports arena. The kids are playing football, «green» against «yellow». All are having fun and trying their very best. At times, they flop pretty bad which for beginners is pardonable. Flanking the field, coaches of both teams are encouraging the guys to enjoy the game. At the other edge.. we quoted them above, a bit. In the conflict of educational philosophies, who loses is the child. What did he do wrong? Nothing.
22.10.2015, Kaarel TällPM
Fixed rate electricity tariffs would power monopoly
While supposedly favorable for consumers and network operators, in current situation flat rate electricity tariffs would only boost the monopoly of Elektrilevi on the market.
19.10.2015, Siiri LiivaPM
Head of Elisa: Europe needs dramatic changes
Veli-Matti Mattila, head of the major Nordic digital services group Elisa, says Europe must act fast to abolish a large part of laws and regulations which hinder development.
15.10.2015, Aivar PauPM
The political ferryboat traffic racket
A year ago, a bribery scandal of historical proportions was meant to erupt in Estonia. Those closest to ferryboat businessman Vjatšeslav Leedo (63), one dealing with politicians for decades, were planning to go public with a local political heavyweight's demand that a record breaking €30m be paid for extending the operating contract.
18.09.2015, Risto BerendsonPM
Kiil got costlier engines for ferries
In maritime circles eyebrows are rising regarding details of new ferryboats being built - such as technically are the responsibility of port managers now under criminal suspicion.
04.09.2015, Risto BerendsonPM
Gunnar Okk: related specialties should be taught in one university
Tomorrow, Nordic Investment Bank vice president Gunnar Okk will address research and development committee chaired by Prime Minister to report on situation and options for higher education and research in Estonia. Employees at universities and research agencies are anxious to hear what the report will reveal. In interview underneath, Mr Okk will allow an initial peek.
24.08.2015, Anneli AmmasPM
SEB: Estonia hit by housing price bubble
Estonians may enjoy consuming boom till entrepreneurs are able to produce ever more effectively, lift wages and keep unemployment rise in check, says SEB chief Allan Parik, who thinks that while sailing on thin ice in this crisis-smelling world, Estonian businessmen stand on secure foundations and have thus far managed to react correctly to changes in economic environment. Domestic consumption remains solid, unemployment is low, and entrepreneurs are showing strong competitiveness on the weak external markets. No near term solution is to be expected t the differences with Russia, and therefore it makes no sense inserting deals with them into business plans.
06.08.2015, Andres Reimer, RiiaPM
Meet Farm of the Year 2015
At the Estonian Farm Days in Jädeda this past week-end, 19 years old Suitsu cereals farm at Pikasilla, Valga County was proclaimed Farm of the Year 2015. The man of the house Urmas Tekkel said they had been begged to participate before, but thus far he never figured the buildings were fit enough.
27.07.2015, Anneli AmmasPM
Tallinn top chef opens restaurant in central Moscow
Who is the Estonian chef de cuisine’ in charge of the largest army of cooks? In all likelihood, the man is Andrei Šmakov, former chief cook at Tallinn restaurants Ribe and Kadriorg: in one of Moscow's oldest five star hotels, he is boss over a whopping 46 cooks.
22.07.2015, Jaanus PiirsaluPM
Taxman eyes entry into property
Finance ministry is pushing a Taxation Act granting Tax and Customs Board (MTA) added powers to probe into infringements - to the dismay of professional associations.
21.07.2015, Anette ParkseppPM
Airbaltic shifts into aggressive expansionist gear
In eyes of Estonian national airline the plan pitched by competing Airbaltic – to grab direct flights from Tallinn as well as Estonian Air’s investors – will harm and undermine both.
19.06.2015, Kadri HansaluPM
New architectural design competition to be held for building of ministries
The city of Tallinn urban planning authority has decided that a new architectural design competition must be held for the building of four government ministries to be built on the plot of the Ministry of Finance in Tallinn's city center.
Electricity elusive for small town firms
It’s a vicious circle for lots of Estonia’s rural areas: desiring to develop local business, they cannot afford to build the power networks with voltage needed.
09.06.2015, Anette ParkseppPM
The aim: Tokyo Olympics. For Team Estonia!
For Estonia’s leading long-distance runner Tiidrek Nurme, the Mukunga-issue is no news. Since three years ago when his training partner from Kenya started coming to Estonia in summers. The issue is simple yet sharp: is it fair and just for a man from the runners-nation to come snatch all award money from before local noses?
27.05.2015, Priit PulleritsPM
Liviko and shops judged guilty in vodka price fixing
Yesterday at Harju County Court, first chapter was closed in vodka cartel saga featuring Liviko and all major retail chains in Estonia – the factory as instigator, the sellers as accomplices agreeing with the deal.
30.04.2015, Kadri HansaluPM
Entrepreneurs increasingly eager to challenge public procurements
Last year, entrepreneurs contested public procurements, vital for their income, by a fifth more than in 2013 – resembling the explosive growth of challenges during financial crisis.
24.03.2015, Andres Reimer, RiiaPM
On tangerines, vodka and whatnot
«Tangerines» Oscar campaign agent Tatiana Detlofson feels we were not known enough to win.
25.02.2015, Tiit TuumaluElu
Eestit esindab ülemaailmsel Bacardi Legacy kokteilivõistlusel baarmen Regeri Zoo
Eile, 19. veebruaril toimus Tallinnas Bacardi Legacy kokteilivõistluse Baltimaade finaal, mille võitjateks pärjati baarmenid Regeri Zoo Eestist, Juris Ķēniņš Lätist ja Algirdas Mulevicius Leedust, kes kõik pääsevad edasi maikuus toimuvale Bacardi Legacy maailmameistrivõistluste lõppfinaali Austraaliasse. Žürii eriotsusel valiti tänu Baltimaade võistlejate kõrgele tasemele ühe võitja asemel kolm lõppfinaali pääsejat.
Estonian utility breaking Gazprom backbone
In four short years heating monopoly Utilitas will forgo Russian gas switching to Estonian wood, heating bill in Tallinn thereby cut by a fifth.
26.01.2015, Andres Reimer, RiiaPM
Paet eyes return from MEP to minister
Member of the European Parliament Urmas Paet (Reform Party) says he does not crown list of candidates as mere magnet for votes. Rather, the man harbours hopes to make it back into next government as minister.
14.01.2015, Oliver KundPM
As good as Globe
So the experts had it right. As predicted, no Golden Globe for «Tangerines». On the other hand, not for the sure favourite «Ida» of Poland either. Rather, «Leviathan» by the Russians stole the show.
13.01.2015, Tiit TuumaluPM
Estonian Air carried 0.4 pct more passengers in 2014
Estonian Air carried 553,147 passengers during 2014, marking an increase of 0.4 percent over the preceding year when passengers carried by planes of the state-owned airline numbered 551,169.
Estonian local govts lose right to appoint waste handler
Estonia's top court has decided that the Waste Act amendment which strips local self-governments and their nonprofit associations of the right to be the sole waste handler on the territory of the local authority is legal, but self-governments retain the right to designate the waste management facility.
Shoe price rise stopped by toughening competition
This fall, the public got all excited by an ABC King ad some saw as sexist. Whether true or not, Consumer Protection Boart is currently busy deciding. Meanwhile, the footwear biz is surely seen as sexy.
11.12.2014, Tõnis OjaPM
Estonian banks most effective in Europe
At a FinanceEstonia forum last week, Eesti Pank vice president Madis Müller showed a slide where banks operating in Estonia were way more profitable than the rest in eurozone. What’s more, not in eurozone only – in the entire European Union.
24.11.2014, Tõnis OjaPM
Big parties would bring taxes down
For years, the pre-elections political rhetoric has been don’t play with taxes. This time, all parties are throwing proposals more or less radical.
21.11.2014, Anneli AmmasPM
Estonian Air again eager to spread wings
Flagship is gearing up to entertain passengers. Water will flow without cost and what’s more: we smell free coffee and candy.
13.11.2014, Kadri HansaluPM
«Red Spider Terminal» looming for Tallinn
As one, conceptual design «Tagasi» (Back Again) was declared by jury as winner of Tallinn Ülemiste Joint Terminal contest as authored by architect bureau 3+1 Arhitektid OÜ composed of Gert Guriev, Markus Kaasik, Riin Kersalu, Kerstin Kivila, Taavi Lõoke, Mihkel Meriste, Andres Ojari, Siim Tiisvelt and Ilmar Valdur.
05.11.2014, Uwe GnadenteichPM
Editorial: smudge over troubled water
The Saaremaa Laevakompanii and Saaremaa/ Hiiumaa ferryboat connection is quite an odyssey. Over the years, plans have changed, ministers fallen, parties quarrelled. The discussions-protests-challenges-debates pose a material for dissection by generations to come.
Editorial: deep dealings in shallow waters
In the ideal Estonia, simple stuff might as well be solved. The ideal Estonia could be characterised by absence of Saaremaa and Hiiumaa ferry connection debates all but drowning us every once in a while.
Mägi powers into finals
«In the finals, competition is going to be tough. All are under 49 second guys,» said Rasmus Mägi after securing a place in the Friday finals of 400 metres hurdles by running to Estonian record in the European track and field Championship in Zurich – 48.54, former record 48.77. Right after Mr Mägi, Marek Niit tackled the same distance without the hurdles – with 45.80, he narrowly failed to make it into the finals.
14.08.2014, Kaarel TällPM
Blanket ban a cold shower for Estonian producers
Yesterday morning, as requested by president Vladimir Putin, Russian prime minister Dmitri Medvedev imposed import ban on Western beef, pork, fruits and vegetables, poultry, fish, milk and milk products.
08.08.2014, Kadri HansaluPM
Political decision costs Estonian Post €3m a year
The law says Estonia must have a post office in each commune, no matter the size. In the countryside, the distance between letterboxes may not exceed two kilometres (1.2 miles).
06.08.2014, Kaspar JõgevaPM
Taxify trying to save the cab companies
App created by young entrepreneur Markus Villig has already been used 300,000 times to get a taxi in Tallinn.
28.07.2014, Kalev AasmäePM
Brussels ticket dearest for Tunne Kelam
EU elections heaviest advertiser was IRL with a TV campaign lasting a whopping eight weeks – remarkable even with Riigikogu elections, to say nothing about running for MEP.
05.06.2014, Tuuli KochPM
Bank only packs bags after folks go
Swedbank Estonia director general Priit Perens says local branches are in the red except for Tallinn and Tartu.
02.06.2014, Tõnis OjaPM
LNG related price rise looming
Soon, ship engines on Baltic Sea are expected to pollute less. Therefore, new ones need to be built, or expensive filters installed.
20.05.2014, Nils NiitraPM
Pharmacies face prescription of temporary stricture
Today, social commission of the Riigikogu sits down to decide whether to impose temporary regulations for 1.5 years following the removal of limitations to opening new pharmacies, so as to curb mass establishing of pharmacies in towns and closure of those in the countryside.
08.05.2014, Karin KangroPM
Building procurements to get tougher
By toughening up building procurement participation requirements, the state hopes for about eight extra millions in its coffers.
22.04.2014, Liina ValdrePM
Editorial: options and hazards among the five wisest
As assured by PISA educational tests, our students stand strong amongst global best. Among the 44 OECD countries involved in problem solving – the creative part of PISA basic tests – our 15-year-olds placed 12th. In Europe, we rank in top five: trailing the UK and Finland, Estonia comes third.
Rejecting the sewing machine, Estonians embrace computers
In 2004, Estonia joined the European Union. Boosted by EU aid, our economic indicators started to even up with these of wealthy states. Over the ten years, a lot has changed in the Estonian life. What, then, has been the impact on economic structure? As attested by Statistical Office labour force studies: though more and more Estonians move from workbenches to office tables, the major employing sectors of economy remain the same.
27.03.2014, Kadri InselbergPM
Sirp seeks new chief
Yesterday, Foundation Kultuurileht council decided upon competition for new editor-in-chief for Sirp. Even so, they see no guilt, in their CEO, related to the scandal which shook the newspaper: all five council members voted for Toomas Väljataga to stay.
29.11.2013, Oliver KundPM
Parts: Air traffic controlling market needs competition
For air services to become cheaper, a competition condition has to be created in the market of air traffic controlling, Estonian Minister of Economic Affairs and Communications Juhan Parts said on Monday at a meeting of European Union transport ministers in Vilnius.