Estonian Railway, railways infrastructure management company, announced that it expects net profit of EEK 113mn (EUR 7.2mn) in 2010. The company plans revenues at EEK 1.4bn in 2010. Volume of cargo is estimated at 23mn tons in 2010. In Jan-Nov the company carried total of 22.9mn tons of cargo. The company is yet to resolve level of investment in 2010 during the shareholders meeting in Jan 2010.
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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