Energy, Estonia, Financial Services, Legislation, Markets and Companies

International Internet Magazine. Baltic States news & analytics Sunday, 20.04.2014, 18:53

The state's dividend income increases by 21.5 mln euros in Estonia

BC, Tallinn, 12.12.2013.Print version
According to the proposal of the Estonian finance ministry, the state-owned company Eesti Loots will have to pay 1.19 million euros of dividends in 2013 and Eesti Energia's dividend will amount to 55.18 million euros, LETA/Postimees Online reports.

According to the earlier plan, Eesti Loots didn't have to pay dividends and the dividends to be paid to the 2013 state budget by Eesti Energia were to be 34.9 million euros.


With the decree, the state's dividend income will increase by 21.48 million euros and the 2014 state budget's corporate income tax revenue by 5.7 million euros.


The government also obliges Riigimetsa Majandamise Keskus (State Forest Management Centre) to pay 15.84 mln euros of its net profit to the state budget in 2013.

Search site