International Internet Magazine. Baltic States news & analytics
Wednesday, 31.08.2016, 09:01
Rail Baltic Estonia OU is to look for the best solution to build a multimodal goods terminal at Muuga port, the aim of which is to service goods transported to the terminal on the Rail Baltic high-speed railway, reports LETA/BNS.
Keyword tags: Baltic, Cargo, Estonia, EU – Baltic States, Markets and Companies, Port, Railways, Transport
According to Statistics Estonia, in the 2nd quarter of 2016 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 4%.
The Estonian defense industry company AS Milrem is to expand its Tallinn workshop due to different development and cooperation projects, and will soon announce a construction tender, reports LETA/BNS.
Swedbank on Monday lowered Estonia's economic growth forecast by 0.5 percentage points to 1.5%, while next year's forecast was left unchanged, reports LETA/BNS.
While the number of insolvencies fell by 13.8% in Latvia and by 9.7% in Estonia last year, in Lithuania their number increased, according to a report released by Coface credit insurer.
Latest data show that Estonian customers have more tolerance for prepared meals and convenience foods, compared to respondents in Latvia and Lithuania. The %age of Estonians claiming that they do not consume the aforementioned products is equal to 17% and 33% respectively, which is the lowest share in Baltic states, BC said Nielsen Company representative.
The Estonian Center of Registers and Information Systems (RIK) is about to develop an e-solution for micro undertakings by next year enabling them to compile their annual reports also in English language in such way that the document eventually filed is completed in Estonian, reports LETA/BNS.