Total number of railway passengers in May amounted to 404,000, which indicates 5.2% y/y decline, Statistics Estonia indicated. In m/m terms the figure increased by 5.5% m/m. In Jan-May total passengers traffic amounted to 1.9mn passengers, down by 0.8% y/y. There are two passengers trains operators in Estonian state owned Elektriraudtee and privately held Edelaraudtee. As of 2015 the government ruled that there will be only one passengers trains operator Elektriraudtee. |
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