Estonian Port of Tallinn to double revenues till 2020.

By bne IntelliNews May 23, 2013

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. 

Related Articles

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

Central European and Baltic economies shrugging off political uncertainty

Medium-term economic growth forecasts for Central Europe and the Baltics have been raised by The Vienna Institute for International Economic Studies (wiiw) in a report issued on June 29. The most ... more

Germany and Gazprom question need for EU talks on Nord Stream 2

A joint EU mandate to discuss the operating rules that would apply to Russia's planned Nord Stream 2 gas pipeline is not necessary, Angela Merkel said on June 15. Russian state-controlled ... more

Dismiss