International Internet Magazine. Baltic States news & analytics
Monday, 20.02.2017, 19:43
EVA-316, the multipurpose vessel of the Estonian Maritime Administration that has been breaking ice on ship routes to the southwestern port of Parnu since Jan. 10 has assisted ships on 151 occasions, spending 241,000 liters of fuel in the process, informs LETA/BNS.
The Estonian Institute of Economic Research (EKI) estimates that approximately EUR 8.5 mln of revenue generated by Estonians' alcohol purchases flowed into the Latvian state budget last year, writes LETA/BNS.
The committee for the election of the rector of the University of Tartu on Monday registered incumbent rector Volli Kalm and Professor Margit Sutrop as candidates for the election to be held at the end of next month.
The Estonian software company Helmes has won a framework tender for information systems development of the Organization for Economic Cooperation and Development, reports LETA/BNS.
According to data of the Estonian Renewable Energy Association, new renewable electricity capacity added last year totaled 42.19 megawatts or approximately as much as in three preceding years combined, and investments in renewable energy amounted to 70 mln euros.
The availability of financing of companies is aided by good access to bank lending, low interest rates, and profits built up earlier Companies are borrowing more than before from Estonia, and less from abroad Growth in household loans accelerated in 2016, but remained slower than growth in incomes and savings. The loan portfolio to companies and households will grow by around 5% in the years ahead, which is about the same rate as nominal GDP
The Russian food safety and veterinary authority Rosselkhoznadzor has restored the export permits of those Estonian food industry companies that had not exported to Russia in the last three years or longer, writes LETA/BNS,