Bumper crop expectedIf the weather stays fine, an excellent harvest is in store this year - equaling increased exports.Economy
Sutter says «use electricity in the night»Consumers should watch the hourly electricity price as exchange fluctuations may cut price ten times lower, advises Eesti Energia CEO Hando Sutter.Economy
African fever nears big pig farm: hundreds of jobs in jeopardyIn in high likelihood, African swine fever has hit a few kilometers from Ekseko, the largest pig farm in Baltics. With restrictions applied, tens of thousands of swine might be killed and hundreds of staff laid off.Economy
Minister vows aid to swine farmers damaged by African feverRural life minister Urmas Kruuse (Reform) says EU and Estonia will support pig farmers unable to sell pork being part of third restriction area related to African swine fever, but only when price thereof falls by over 30 percent.Economy
Minister: Estonia must look for new markets due to Russian fish embargoAccording to Minister for Rural Affairs Urmas Kruuse Estonia is looking for alternative markets due to Russia's ban on imports of Estonian fish products, the most important of which is Ukraine.Economy
Estonia's exports to Russia down 57 pct y-o-y in JanuaryIn January Estonia's exports to Russia totaled 39.6 million euros which is 57 percent less than a year ago, making up only 4 percent of Estonia's total exports, data by Statistics Estonia show.Economy
Sanctions no big damage to EUEuropean Commission Deputy Secretary-General Henrik Hololei says repercussions from Russian sanctions do show most in EU agriculture, but financial indicators reveal technology to be worst affected.Economy
Oil paramount for KremlinPut together, oil and gas revenues amounted to 50 percent sharp in Russian budget for 2013.Economy
Exports fall 3 pct, imports 6 pct in AugustEstonia's exports of goods fell 3 percent and imports 6 percent year on year in August, Statistics Estonia said on Friday.Economy
In July industrial production increasedAccording to Statistics Estonia, in July 2014, the production of industrial enterprises rose 2% compared to July of the previous year. The production increased in manufacturing and energy, while in mining the production decreased.Economy
Near-zero economic growth now predictedApril saw finance ministry lower 2014 GDP growth forecast from 3.6 to 2 percent. According to what they released yesterday, it’s now down to mere 0.5. And, in risk-scenario, 0.3 is the number.Economy
In June the decrease in trade deceleratedAccording to Statistics Estonia, in June 2014, exports of goods increased by 1% and imports decreased by 1% at current prices compared to June of the previous year. In the first half-year of this year, the decrease in exports and imports was mostly influenced by a fall in the trade of electrical equipment and transport equipment.Economy
In the 2nd quarter economy increased 2.2%According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 2.2% in the 2nd quarter of 2014 compared to the same quarter of 2013.Economy
Editorial: a shot in own footNot too long ago, in 2010, then President of Russian Federation Dmitri Medvedev paid a visit to USA. With colleague Barack Obama they rode into a hamburger stand in Virginia where the Russian head of state heartily bit into the symbol of American life: a fat white bread double-decker with steak, Cheddar cheese, onion, jalapeno-paprika and mushrooms. To say nothing about the inseparable Coca-Cola.Opinion
Blanket ban a cold shower for Estonian producersYesterday morning, as requested by president Vladimir Putin, Russian prime minister Dmitri Medvedev imposed import ban on Western beef, pork, fruits and vegetables, poultry, fish, milk and milk products.Economy
African pig killer spreading at 300 km/yearStarting this week, Estonian Food and Veterinary Office is limiting exportation of live pigs from Valga region – the plague is encroaching.Local News
Kristi Täht acquired operations of MaratEstonian entrepreneur Kristi Täht acquired the operations of textile company Marat with nearly 90 years of history and heritage.Economy
In March foreign trade grewAccording to Statistics Estonia, in March 2014, exports of goods increased by 1% and imports by 4% at current prices compared to March of the previous year. Foreign trade had declined for nine consecutive months compared to the same month of the previous year, but in March foreign trade increased.Economy
Olli Rehn: in crisis, we also protected the weakest of societyEU economy and finance chief, the Finn Olli Rehn (51), relates how the outgoing European Commission succeeded, against all odds, to avoid insolvency of European states, which – among other things – would have been devastating to those on social welfare and people on public payrolls.Local News
Economic indicators in declineIn January, Estonian exports shrink by fifth, imports down 15 per cent.Economy
Three firms again OK to import into RussiaVeterinary Board and entrepreneurs think that goods of three companies again allowed into Russian customs union sends good signal.Economy
In November exports declinedAccording to Statistics Estonia, in November 2013, exports of goods decreased by 9% and imports remained at the same level at current prices, compared to November 2012. Compared to October 2013, exports declined by 4%.Economy
In October the decline in exports was mostly influenced by agricultural goodsAccording to Statistics Estonia, in October 2013, exports of goods decreased by 1% and imports by 6% at current prices compared to October of the previous year. The decrease in exports was mostly influenced by the dispatches of agricultural goods which declined by 17% compared to October 2012.Economy
Estonia's exports decrease 5 pct in JuneIn June exports of goods from Estonia fell 5 percent and imports to Estonia stayed on the same level year-on-year at current prices, with exports totaling close to 1 billion euros and imports 1.1 billion euros, Statistics Estonia said on Friday.Economy
Estonian Uvic starts export of sausage products to RussiaThe Estonian food company Uvic is planning to start exporting sausage products to Russia in addition to the current export selection.Economy
In May exports of goods increasedAccording to Statistics Estonia, in May 2013, exports of goods increased by 6% at current prices while imports remained at the same level compared to May of the previous year. Exports increased also compared to April of this year.Economy
In March the trade was smaller than in the previous yearAccording to Statistics Estonia, in March 2013, both exports and imports of goods decreased by 6% at current prices compared to March of the previous year. Exports and imports decreased for two months in succession, in February the trade decreased by 2% in both flows compared to the same month of the previous year.Economy
Eurozone debt crisis has started to tangibly affect Estonia - analystsThe eurozone, affected by a recession, has started to tangibly influence the Estonian economy and there's no reason to expect the outlooks for export to improve in the coming few months, analysts at LHV Pank and Nordea Pank said in their comments on February export figures.Economy
In February trade declined compared to the previous yearAccording to Statistics Estonia, in February 2013, exports of goods declined by 2% and imports by 3% at current prices, compared to February of the previous year. The fall in exports and imports was influenced by the significant decrease in trade with mineral fuels.Economy
In January trade was increased by the transport equipmentAccording to Statistics Estonia, in January 2013, exports of goods grew by 19% and imports by 16% at current prices compared to January of the previous year. Foreign trade was influenced by the non-recurrent big-volumed trade transactions with transport equipment.Economy
EC: Estonia growing strongly, in tune with the other Baltic StatesOn 22 February, the Commission published its first winter economic forecast for the euro area and the European Union as a whole. The forecast covers a wide range of indicators including gross domestic product (GDP), inflation, employment and public finances for 2012‑14.Economy
Last year exports of goods grew moderatelyAccording to Statistics Estonia, in 2012 exports of goods increased by 4% and imports by 9% compared to 2011. In 2012, the annual growth of exports and imports was slower than in the previous year when both exports and imports grew by 37%.Economy
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