Estonian ports handled total 3.0mn tonnes of cargo in October, down by 23.4% y/y, Statistics Estonia indicates. Cargo handling volume has declined by 11% m/m during the month. In October 2.1mn tonnes of cargo were loaded on ships, down by 25% y/y, and 0.9mn tonnes were unloaded, down by 20% y/y. Loading declined by 16% m/m, and unloading increased by 4% m/m. In Jan-Oct period total loading volume amounted to 25.7mn tonnes, down by 12.9% y/y, while unloading volume amounted to 9.9mn tonnes, down by 7.5% y/y. |
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