Estonia

International Internet Magazine. Baltic States news & analytics Wednesday, 12.12.2018, 00:49

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Inflation has passed its peak

Inflation has passed its peak

11.12.2018

Consumer price inflation in Estonia in November was 3.4%. It hit a peak of 4.4% in October and has shown signs of coming down over several months. The rate of inflation fell primarily because crude oil prices fell on global markets, which meant that the rate of rise in prices for motor fuels came down over the month from 20% to 9%.

Keyword tags: Analytics, Banks, Economics, Estonia, Inflation



EuroSpike qualifies in Estonia's antitank weapons procurement

EuroSpike qualifies in Estonia's antitank weapons procurement

11.12.2018

The weapons manufacturer EuroSpike GmBH has qualified as a tenderer in a tender to supply long-range antitank systems to the Estonian defense forces, as it has submitted the application necessary for participation in the tender along with necessary documents, reported LETA/BNS.

Estonia: PRFoods, Tallinna Lihatoostus to develop joint offshore fish farm

Estonia: PRFoods, Tallinna Lihatoostus to develop joint offshore fish farm

11.12.2018

Saaremere Kala AS, a subsidiary of the listed fish products seller PRFoods, and meatpacker OU Tallinna Lihatoostus have concluded a letter of intent for establishing a joint undertaking to set up a joint offshore fish farm, reports LETA/BNS.


Christmas market in Tallinn elected best in Europe

Christmas market in Tallinn elected best in Europe

10.12.2018

Over the course of the last 10 days, more than 200,000 passengers voted to determine the nicest Christmas market in Europe and the Christmas market on Tallinn's Town Hall Square was overwhelmingly voted as the best, reported LETA/BNS.

In October, trade was at a record level in Estonia

In October, trade was at a record level in Estonia

10.12.2018

According to Statistics Estonia, in October 2018, the exports of goods increased by 17% and imports by 20% compared to October 2017. For the first time, exports exceeded 1.3 bln euros and imports 1.5 bln euros. The growth in trade was affected the most by an increase in trade in mineral products (solvent, fuel additives, motor spirit, shale oil).


10.12.2018

RB Rail announces procurement for design of Tallinn-Rapla railway section

The joint venture of Estonia, Latvia and Lithuania, RB Rail AS, has announced a procurement for the design and design supervision services for the second stage of the Rail Baltic railway line in Estonia from Tallinn to Rapla, reported LETA/BNS.

10.12.2018

Estonian chamber: Entrepreneurs' assessment re ratio of cash-in-hand wages has decreased

Estonian entrepreneurs' estimation of the share of cash-in-hand wages paid in their sector has decreased on year, it appears from the results of a survey conducted among the members of the Estonian Chamber of Commerce and Industry, reported LETA/BNS.

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