The information and communications technology (ICT) sector accounted for 5.3% of total revenues of Estonian companies in Q1/2010, Statistics Estonia has announced. There were total of 2,022 companies operating in the sector. Revenues of these companies stood at EEK 6.3bn (EUR 403mn) in Q1/10. Net profit of the ICT sector was EEK 670mn in Q1/10. The companies created EEK 1.8bn of value added in Q1/2010. Labour productivity stood at EEK 112,000 per person per Q1/2010. The ICT sector employed 15,703 people, which accounts for 4.3% of all the employed people.
|
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