Estimated total value of the advertisements published in the five biggest Estonian newspapers amounted to EUR 1.4mn in March, up by 9% y/y, a survey by media analyst Toomas Leito indicates. Volume of advertising on newspapers increased by 0.5% y/y in March and amounted to 881 pages. Leito indicates that advertising market has been growing slowly in March. In March one of the fastest growing segments were job advertising, while real estate advertisements were on the same level y/y. In Q1 advertising volume in the five biggest newspapers grew by 3% y/y, while revenues grew by 8% y/y and stood at EUR 3.2mn. |
Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more