Estonian ports recorded total cargo volume of 4.4mn tons in May, which indicates increase of 7% y/y, Statistics Estonia announced. In m/m terms cargo volume declined by 8%. In May 3.2mn tons of cargo were loaded on the ships, 3.5% y/y increase, and 1.2mn tons of cargo were unloaded, 16% y/y increase. In Jan-May total cargo volume in Estonian ports stood at 20.7mn tons, 14% y/y increase. In Jan-May cargo loaded on the ships accounted for 15.7mn tons, while cargo unloaded stood at 5.0mn tons. |
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