Estonian business news site www.aripaev.ee reported today that it has found a website that allows to search unlisted personal mobile phone numbers with full names of their owners including that of the Estonian PM Taavi Rõivas.
The court has found businessman Ivo Voor guilty of masterminding a fraud scheme in which he frauded 50,000 euros out of PRIA, the Estonian agency that hands out EU farming aid.
The 1.77 percent productivity of assets of banks operating in Estonia is the biggest in the whole European Union, the daily Postimees reports.
Äripäev writes in its editorial that Taavi Kotka, the chief architect of e-residency is right saying that e-residency is only a key and that Estonia must offer a house to the key.
EU commissioner for digital affairs Gunter Oettinger who a few weeks ago reportedly said that he is taking no orders from his boss in the European Commission, Estonia’s Andrus Ansip, has now angered Paris by doubting the French reform drive, writes Delfi.
The government has decided that it will give 4 million euros to the National Broadcasting Company ERR to produce 20 hours of Russian-language programming a week.
Estonian distillery Moe has found itself in the middle of a brandname dispute brought by LVMH, French producer of luxury products.
Writer Jan Kaus writes in Äripäev that Social Democrats have already taken flak for harnessing Estonia’s literary greats to their election bandwagon.
Oil transit company Vopak E.O.S. is ready to build an LNG terminal at the port of Muuga and has initiated environmental impact assessment procedure, writes Postimees.
Ahti Asmann, CEO of Estonian Railways, says that the splitting of the company into separate freight business and infrastructure business two years ago has increased costs.
Postimees writes in its editorial that although the President will declare the 2015 general elections only on January 21, two months in advance, most parliamentary parties have already kicked off their election campaigns.
MP Imre Sooäär suggests to start translating the current programming of ETV into the Russian language. Sooäär says that digital television technology offers all the functionality that one needs for that.
The government is preparing to lend national carrier Estonian Air another 12.1 million euros as the final part of a loan granted earlier.
Estonian national carrier was entitled to terminate the agreement with Air Lituanica, a Lithuanian airline, according to Stockholm Court of Arbitration.
RB Rail, the joint venture of Estonia, Latvia and Lithuania for the development of Rail Baltic railway was registered in Latvian last week.
A group of local businessmen from Saaremaa including property developer Tullio Liblik is planning to build a large conference centre in Kuressaare, the island’s largest town, writes Eesti Päevaleht.
Tallinn City Government plans to allocate another 300,000 euros in taxpayer funds to the foundation that is preparing to set up a municipal bank.
The first annual Baltic M&A and Private Equity Awards were presented on 6 November at the Baltic M&A and Private Equity Forum organised by law firm SORAINEN together with Äripäev, Dienas Bizness and Verslo Žinios.
The hike in environmental fees that the Estonian government is planning is likely to make the construction of the Rail Baltic railway line much more expensive, writes Postimees.
Estonian government plans to clear 136 kilometres of border area in Southeast Estonia from forest and bushes, but has not yet started negotiations with private landowners, writes ERR.
As of Nov. 23 the national flagship carrier Estonian Air is to fly 13 times a week on the Tallinn-Vilnius route instead of the nine times it flies at present.
Members of the parliamentary finance committee who represent different political parties confirm that their parties are open to the ideas of reforming Estonia’s taxation.
Russia has launched a new international multimedia information agency Sputnik that plans to broadcast in 30 languages including Estonian and Latvian.
The gross domestic product of Estonia increased 2.1 percent in the third quarter of 2014 compared to the same quarter of 2013, a flash estimate published by Statistics Estonia today shows.
Estonian Air carried 51,224 passengers in October, 15.3 percent more than in the same month last year.
According to Statistics Estonia, the number of both foreign and domestic tourists who stayed in accommodation establishments in September increased.
Estonian exports increased by 7% and imports by 9% at current prices in September year on year, according to Statistics Estonia.
Greek carrier Aegean Airlines will launch direct flights between Tallinn and Athens next June.
Estonian Air has introduced a flight pass among its ticket offering to woo passengers who study or work abroad and travel a lot by plane between a particular destination and home.
According to the latest EU economic growth report of the European Commission, Lithuania will see the fastest growth in the Baltics in 2014 and 2015.
Ruta Arumäe, macroanalyst of SEB Bank in Estonia, will become the new economic
In annual comparison, Estonia's retail sales grew second-fastest in EU in September at 9.1%, reporter Eurostat.
Prime Minister Taavi Rõivas today nominated Keit-Pentus Rosimannus, currently the Minister of the Environment, as the candidate for Minister of Foreign Affairs.
EU unemployment rate was 10.1 percent in September and the euro area seasonally-adjusted employment rate was 11.5 percent, according to Eurostat.
The European Commission expects the Estonian economy to grow 2 percent next year, down from the spring forecast of 3 percent, the Finance Ministry said.
Ain Hanschmidt, CEO of Infortar that last week said that it is willing to acquire the majority stake in Estonian Air, said that it was realistic to make Estonian Air a profitable business by 2016.
Retail sales of goods by Estonian retail trade enterprises grew by 6 percent year on year at constant prices in September, Statistics Estonia reports.
Maris Lauri will today give an oath of office in front of the Parliament and become Estonia’s next Finance Minister.
Infortar Grupp, a major shareholder in the listed shipper Tallink Grupp, announced yesterday that it was willing to buy Estonian national carrier Estonian Air.
Andres Keevallik, Rector of Tallinn University of Technology (TUT), said yesterday that he is going to leave his post after a traffic accident late Tuesday in which he was found to have been driving under the influence of alcohol, writes Postimees.
Estonia was ranked 17th out of 189 economies by ease of doing business, according to the World Bank report Doing Business 2015.
Estonian Air has signed a cooperation agreement with tour operators Novatours and TEZ Tour to increase its share on the market of charter flights. According to the agreement Estonian Air will operate flights to Turkey and Croatia in 2015.
Tallinn Airport is among the best airports in Europe, based on the overall airport experience determined by travellers who had taken the site’s 2014 airport survey, wrote Estonian News.
Victoria, the Crown Princess of Sweden, in visiting Tallinn today for the award ceremony of the enterprise competition Swedish Business Award 2014.
The Reform Party yesterday nominated Maris Lauri, former chief analyst of Swedbank in Estonia, for the post of Minister of Finance after the resignation of Jürgen Ligi, writes ERR.
Yesterday afternoon a 15-year-old student killed 56-year-old German language teacher Ene Sarapik in a school shooting in the South Estonian town of Viljandi.
Political analyst Tõnis Saarts says that Ligi’s decision to resign is a prececent among Reform Party’s ministers because he did it because of his words and not his deeds.
Estonian Finance Minister Jürgen Ligi said on Sunday he will resign in the interest of resolving a government crisis, reported Eesti Päevaleht.
More and more Lithuanian businessmen have decided to register holding companies in Estonia. According to experts, the reasons are Estonia’s stable tax system and zero income tax on reinvested profits, writes Äripäev.
Finance Minister Jürgen Ligi has again made headlines, but this time it may cost him his job, writes Äripäev.
Estonia and Finland are coming to an agreement over building a gas pipeline between the two countries and on building a LNG terminal in both Estonia and Finland.
Columnist Jaano Martin Ots writes in Äripäev that the e-residency that Estonia is shortly offering foreigners should be a means in the movement towards something called borderless e-Estonia.
Several large IT companies in Estonia say that the wages in the IT sector are being fuelled by one company – logistics company Kühne + Nagel, more specifically by its IT development centre that is based in Estonia.
Victoria, the Crown Princess of Sweden, will visit Tallinn on October 28 for the award ceremony of the enterprise competition Swedish Business Award 2014.
The changed security situation in the Baltic Sea region means that the two countries must intensify cooperation, the new Swedish Prime Minister Stefan Löfven said yesterday in Tallinn.
The Keila city government that is controlled by the Reform Party is downplaying the fact that the town is heavily indebted, writes Äripäev.
Äripäev writes in the editorial that it’s understandable that Estonia’s chemical industry is worried about growing environmental fees at the time when oil prices have been falling.
Äripäev writes that the chancellor of law Indrek Teder is looking into whether the restriction that allows only family doctors to be shareholders in family doctor centres is constitutional.
At the end of 2013 Estonia had the lowest government debt measured as a ratio to gross domestic product (GDP) in the European Union and the smallest government sector deficit, data published by Eurostat show.
Baltic Property Fund II, a fund managed by Swedish property investor East Capital, has accquired the centrally located Metro Plaza office building from Lords LB Baltic Fund I for 21.8 million euros.
Yesterday the Estonian Parliament passed a bill that sets out the legal basis for the issuance of a digital identity to persons who are not Estonian citizens or residents of Estonia.
EU states decided to uphold sanctions on Russia and to better co-ordinate their response to the Ebola crisis at a meeting of foreign ministers in Luxembourg on Monday, reported EUobserver.
Kilvar Kessler, head of the Estonian Financial Supervisory Authority (FI), says in an inteview to Dagens Industri that although housing prices in Estonia are growing rapidly, the real risk is the Swedish market.
Investment expert and columnist Peeter Koppel writes in Äripäev that, for some reason, politicians and people with political ambitions like to toy with ideas that instead of improving the wellbeing will affect those who are the weakest.
UK second-instance court will rule within a couple of weeks whether to extradite former Estonian politician Anna-Maria Galojan to Estonia, reported ERR.
Estonian Police and Border Guard Service (PPA) says that it remains on alert in monitoring Baltic Sea areas near the Estonian islands of Saaremaa and Hiiumaa for possible anomalies in the light of recent events unfolding in Sweden, reported ERR.
Garri Kasparov, the 13-time world champion in chess and one of the fiercest critics of Russian President Vladimir Putin, says that Putin is ready for anything to maintain his high popularity among the Russian population, writes Postimees.
According to Statistics Estonia, in September 2014, the producer price index of industrial output fell 2% compared to September 2013.
Russia is unlikely to reduce or stop gas supply to Estonia, partly because the gas line that is currently feeding St. Petersburg runs through Estonian territory, writes Postimees.
The investment banking and financial advisory company Prudentia and stock exchange Nasdaq Riga presented a list of ten most valuable Baltic companies today, reported The Baltic Course with reference to LETA.
Estonia is among top three most vulnerable EU member states that would suffer if Russia were to stop gas supply, and has gas reserves for only five days, reports ERR.
Estonian association of chemical industries has launched a campaign targeted against the plan of the Estonian Ministry of Environment to increase environmental fees between 3 and 10% a year for the next decade, writes Eesti Päevaleht.
The consolidated unaudited sales revenue of the listed Estonian retail group Tallinna Kaubamaja in the third quarter of 2014 was 133.2 million euros, 6.8 percent bigger than in the corresponding period a year ago.
Chief executives of Kuwei’ts eight largest travel agencies will visit Estonia in the final week of October on the invitation of travel agency Wris, writes Eesti Päevaleht.
Deputy Mayor of Tallinn Arvo Sarapuu admitted yesterday that Ester Tuiksoo, former member of Centre Party who was convicted of corruption in land-swapping scandal is working in the foundation that is preparing to set up a municipal bank, writes Eesti Päevaleht.
The three Baltic countries will sign the agreement on founding a joint venture to carry out the Rail Baltic railway link project in Riga on October 28.
In September, 19 percent more cars were sold in Estonia than in September 2013.
The Finnish food group HKScan is planning to invest 20 million euros into its meat processing factory in Rakvere.
Jõelähtme municipality near Tallinn sold a 1.4-hectare waterfront lot in Kaberneeme fishing village for 490,000 euros without notifying legal heirs who were entitled to the property, writes Eesti Päevaleht.
Centre Party’s leader Edgar Savisaar made sure that any hopes that Kadri Simson may have to be nominated the party’s candidate for PM, this is not going to happen any time soon, writes Postimees.
25,242 people were registered as unemployed in Estonia in September, according to Statistics Estonia.
Harju County Court will today start hearings in the case where Estonian businessman and former chairman of Port of Tallinn, Neinar Seli, is suspected of having abused his office when he voted in the Port of Tallinn’s supervisory board for sponsoring the Estonian Olympic Committee while he himself was president of EOC at the time.
House prices remained stable in the euro area and rose by 1.7 percent in the European Union in the second quarter of 2014, with the highest annual rise recorded in Estonia, it appears from data released by Eurostat.
Preliminary application for e-residency that Estonia will be offering for foreigners from December attracted more than 5,600 people in the first day, writes Eesti Päevaleht.
According to Statistics Estonia, 379,000 tourists stayed in accommodation establishments in August, which was 2% less than in August of the previous year.
Igor Rõtov, CEo of Äripäev, writes in Äripäev that strong investigative journalistm is critically important in every society and that Äripäev has been filling this duty well.
Local politician Taivo Luik who ran for the Reform Party in local elections is being accused of embezzling 214,000 euros from two Swedish customer, writes Postimees.
Tallinn Airport served 195,301 passengers in September, which is 2.6 percent more than a year earlier.