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
Eurozone manufacturing growth hits four-year high in April but Middle East war drives record price surge
Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more
Taiwan honours visiting Lithuanian MP
Taiwan’s Foreign Minister Lin Chia-lung has awarded the “Goodwill Diplomacy Medal” to Dovilė Šakalienė, a member of Lithuania’s parliament and former defence minister, in recognition of ... more
Russian GRU parcel bomb plot traced to Estonia
Estonian authorities are considering whether to extradite two residents accused of helping Russian military intelligence (GRU) operatives send parcel bombs that nearly caused major air disasters ... more