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
The ups and downs of Tallinn Stock Exchange
«Perhaps cheaper?» said President Lennart Meri over telephone at the festive opening of Tallinn Stock Exchange twenty years ago, about to buy his very first securities.
31.05.2016, Tõnis OjaPM
Listed companies go generous with dividends
While last year's total turnover and profit of our listed enterprises grew quite modestly (by one and two percent, respectively), dividends are rather generous. For several, dividends or payments from share capital reduction are manifold year-on-year.
27.05.2016, Tõnis OjaPM
Booming booze business in port steered from interior ministry
This January, a top interior ministry official bought from a company with hidden owners and registered in Panama the alcohol and grocery store Harbour Market (Sadama Turg) operating in the A-gate of Tallinn passenger port and aimed at Finnish clients.
26.05.2016, Andres Reimer, RiiaPM
Tallink rescues listed firms results
Of companies listed at Tallinn Stock Exchange with economic activity, a half i.e. seven improved results last year; eight managed to boost turnover. Three ended in red.
01.03.2016, Tõnis OjaPM
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
Baltika suffers loss of million in half year
Once a flagship of Estonia's light industry, brand garment maker and seller Baltika was hit so hard in financial crisis at end of last decade that it still staggers to this day. As evidenced by first half year report revealed yesterday, loss amounted to €1.1m.
31.07.2015, Tõnis OjaPM
Heyday for hotels
State visit by US President Barack Obama brought benefits to hotels of Tallinn but spelled loss for shops and cafes in the «closed zone».
05.09.2014, Kadri HansaluPM
In July the growth in retail sales accelerated even more
According to Statistics Estonia, in July 2014 compared to July of the previous year, the retail sales of goods of retail trade enterprises increased 10% at constant prices. Retail sales increased 4% in May and 7% in June compared to the corresponding month of the previous year, whereas in July the retail sales growth accelerated even more.
Beer market upheld by tourists
Estonia’s beer market has stayed stable ever since the pre-boom times. This, however, is only thanks to tourists who haul ale home in increasing quantities and drink more while here.
17.07.2014, Tõnis OjaPM
Loan turnover reaches year's highest level in July
Companies took out 742 million euros of new loans and leases in July and the loan turnover for the month was the highest of any individual month this year, the central bank said on Monday.
Turnover of Estonia's Viru Center up 3.4 pct in H1
The turnover of the stores in the Viru Center mall in downtown Tallinn grew 3.4 percent year-on-year to 59.8 million euros in the first half of 2013.