Estonian Port of Tallinn council approved long-term strategy which sets a goal of almost doubling revenues to EUR 160mn in 2020, with EUR 80mn pre-tax profit. The company plans to invest EUR 292mn in the following 8 years, with total company’s assets value at EUR 680mn as of end-2020. The strategy estimates for goods volume to increase by 46% comparing to 2012 till end of 2020 to 43.2mn tonnes. Number of passengers in the port would increase by 20.7% from 2012 figures to 10.7mn passengers in 2020.
The EU and Armenia signed a comprehensive and advanced partnership agreement and a common aviation area agreement at the Eastern Partnership summit on November 24, according to an ... more
The finance ministers of the European Union member states have called for the creation of a blacklist of tax havens to crack down on tax dodging, the ministers said at a meeting in Brussels on ... more
Labour productivity increased faster than the growth of labour costs in the Estonian business sector in the first half of the year, Eesti Pank (The Bank of Estonia) announced on October 25. ... more