In Estonia total of 191,000 tourists stayed in accommodation establishments in October, which indicates 10% y/y increase, Statistics Estonia announced. Out of all the tourists 123,000 were foreign tourists in the accommodation establishments in October. There were total of 788 accommodation establishments in October, offering total of 17,257 rooms. Occupancy ratio was recorded at 40% in October, with average cost per night of EEK 414 (EUR 26). Most of the tourists, 114,271 were staying in the accommodation establishments in Northern Estonia. |
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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