Net sales of Estonian companies amounted to EUR 9.4bn in Q1, which indicates 25% y/y increase, Statistics Estonia announced. Manufacturing recorded growth of 47% y/y, wholesale and retail recorded 23% y/y increase, and transport sector recorded 27% y/y increase. There were total of 376,151 people employed in enterprises in Q1, up by 2.3% y/y and up by 2.5% q/q in Q1. |
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