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Saturday, 25.02.2017, 08:41
he investment holding Infortar, majority owner of the listed Estonian shipper Tallink Grupp, was prepared to pay 80 mln Estonian kroons or approximately 5.4 mln euros in 2007 for the plot of the recently opened Arsenal shopping center in Tallinn which was sold for 1.5 mln euros five years later, Eesti Paevaleht writes.
Keyword tags: Economic History, Estonia, Financial Services, Markets and Companies, Real Estate
The long-time and controversial CEO of the Freeport of Riga Leonids Loginovs, whose name has been mentioned in various scandals over the years, has stepped down, Mareks Gailitis, the advisor the port's board chairman Andris Ameriks, informed LETA today.
The new term "retirement economy", as no other one, characterises realities not only of the modern labour market, but also of the world economy. The adverse demographic situation in the Baltic States allow speaking about the inability of the present retirement system for future pensioners. Besides low birth rate it is necessary to mention substantial out-migration of able-bodied population to other countries with good working opportunities. The adverse demographic situation and labour migration are the basis of pessimism and non-confidence of the population, especially of the youth, in the state retirement system.
Estonian Justice Minister Urmas Reinsalu has convened a committee, the aim of which is to take the next step in calculating occupation damage, reports LETA/BNS.
Estonia's Minister of Culture Indrek Saar intends to declare the dam of the Linnamae hydroelectric power plant on Jagala River in North Estonia a cultural monument, reports LETA/BNS.
Executive Secretary of the the United Nations Framework Convention on Climate Change (UNFCCC) Patricia Espinosa in her article in Huffington Post, underlined the urgency of states’ actions in climate actions and sustainability. The current rate of progress will only deliver success through every one’s extensive sustainability efforts…
The differences abound both in the ways the three Baltic States re-established their independence and pursued courses in socio-economic development. It seems that at a time when most global states are “blocking” to make life easier, the Baltic States need a “common course”, which our magazine has advocated for long…