Estonia, Financial Services, Good for Business, Port, Transport
International Internet Magazine. Baltic States news & analytics
Wednesday, 19.02.2025, 06:48
New Estonian econmin planning to list Port of Tallinn in 2018

![]() |
---|
"I've already met with the managers of Port of Tallinn,
talked over what needs to be done to take minority shares in Port of Tallinn to
the stock exchange and agreed further meetings for the beginning of the new
year," Simson told Postimees in an interview.
Simson said that no more than 49% of the port company will
be floated.
"It's important for the pension funds of the people of
Estonia to have new possibilities to invest their money in Estonia," the
minister said.
On the subject of privatization or listing of other state
held companies, Simson said that with the road maintenance company AS Eesti Teed the required preparatory
steps have to be completed by the end of 2017. "With EVR Cargo we haven't come far enough to be able to speak of
concrete steps," the minister said about the state owned rail cargo
operator.
The minister of economic affairs said that in addition she
intends to find allies and communicate with the European Commission to ensure
better flight connections for Estonia and give consideration to subsidizing air
traffic with money from the state budget. "At present this is forbidden.
There are no very simple ways of subsidizing on the table," she added.
The government also intends to ease the package of
advertising and sales restrictions on alcohol filed by Minister of Health and
Labor Jevgeni Ossinovski, finding
that the package in its present form puts too strict restrictions on rural
foodstores.
"Putting an extra burden on rural stores may lead to a
situation where the viability of operating a store in a rural area is
called into question. This is something that we'll try and find an optimal
solution to with Ossinovski, and I know that other ministers still have
questions as well," the minister said.