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01.11.2011 Estonian retail sales up 4% a year in September

BBN - According to Statistics Estonia, in September 2011 compared to September of the previous year the retail sales of goods of retail trade enterprises increased 4% at constant prices. Since February compared to the same month of the previous year, the retail sales have shown a stable growth.

01.11.2011 Foreign Affairs Committee Meets Mitsubshi Execs

ERR A delegation from Parliament's Foreign Affairs Committee has started a two-day official visit in Japan, meeting Osamu Musako, president of Mitsubishi Motors, to build on the innovative electric car program.

31.10.2011 Tallinn Tech Researchers Partner on Smart Energy Project in Denmark

ERR - Tallinn University of Technology scientists are developing equipment that record and analyze changing electricity price every five minutes and use it to influence how home appliances are operated.

28.10.2011 Personal Bankruptcy Rate Rises Sharply

ERR - The number of private individuals turning to the courts for bankruptcy protection has risen rapidly in recent months, and now comprises over 70 percent of all new bankruptcy cases.

27.10.2011 LHV Analyst: Today's Eurozone Debt Deal a Success

ERR - The agreement on Greek bonds and Eurozone stabilization reached in Brussels on October 27 gives Europe an effective way out of its debt crisis, said Nils Vaikla, an analyst for Estonia's LHV bank.

11.10.2011 Trade Picks Up Following Summer Slowdown

ERR - The nation's export and import totals each landed firmly in the billion-plus zone in August, scoring respective increases of 45 percent and 42 percent compared to the same month of last year, new figures from Statistics Estonia show.

07.10.2011 Willing to find business partners in France?

The Chamber of Commerce and Industry of Estonia is involved in a new project in cooperation with the Estonian Honorary Consul in Lyon, France: a French – Estonian business club supported by a website. This is a great opportunity to present and promote your company! Indeed the website will gather the contacts of Estonian businesses willing to sell their products to France and be directly available online to potential French partners.

28.09.2011 Estonia to Help Greece Establish E-State

ERR - Minister of Economic Affairs Juhan Parts and Greek Deputy Minister for Administrative Reform and E-Government Pantelis Tzortzakis met on September 26, to discuss ways of reducing red tape and corruption in Greece through implementing nationwide IT solutions.

28.09.2011 Consumer Confidence Still Sliding

ERR - Pessimism among Estonian consumers has grown for the second month in a row, poll figures from the Institute of Economic Research suggest.

28.09.2011 EFSF Bill Constitutionality 'Questionable'

ERR - Chancellor of Justice Indrek Teder has found: the draft legislation for joining the EU's bailout facility may be unconstitutional, as claimed by the Social Democrats.

21.09.2011 EU Delegation Discusses IT Agency in Estonia

ERR - A European Commission delegation is in Tallinn to discuss the contract for the EU's IT agency to be built in Estonia.

21.09.2011 Ligi: Parliament Must Be Vigilant About Eurozone Crisis

ERR - When he emerged from a meeting of EU finance ministers on the weekend, Finance Minister Jürgen Ligi prodded his Parliament to pass legislation ratifying new powers for the European Financial Stability Facility (EFSF).

21.09.2011 Estonia and India Prepare for More Exchange and Cooperation

ERR - Estonia and India have fleshed out the legal basis for economic ties both countries expect will become more substantial in the decades ahead.

16.09.2011 Estonia’s Enterprises for 2011 are Fortumo and EMT

Tonight, OÜ Fortumo was recognised as the overall winner of the Entrepreneurship Award 2011 given out by Enterprise Estonia, whereas AS EMT was proclaimed the most competitive enterprise based on the Estonian Companies’ Competitiveness Ranking 2011 compiled by the Estonian Chamber of Commerce and Industry and the Estonian Employers’ Confederation.

14.09.2011 Scots Host Expansion-Minded Entrepreneurs

ERR - The British-Estonian Chamber of Commerce and Enterprise Estonia London hold a conference in Edinburgh on September 13. Titled "SmartEST: New Nordic Estonia," the event aims to foster business links and introduce new investment opportunities.

14.09.2011 Reluctant MPs Examine Aid to Debt-Ridden EU States

ERR - A framework agreement for Estonia's contribution to the European Financial Stability Facility (EFSF) has top priority on Parliament's to-do list.

07.09.2011 Finance Ministry: Economy to Grow Less than Half as Fast in 2012

ERR - The Finance Ministry has released its latest economic forecast, calling for growth to accelerate to 7 percent followed by a slower 3 percent in 2012.

31.08.2011 Construction Volumes Up by 11%

ERR - In the second quarter of the year, Estonian construction companies saw a 10 percent increase in domestic volume compared to the same period of 2010, and an 11 percent increase when foreign projects were taken into account.

31.08.2011 Ligi Runs for Governor of Central Bank

ERR - Minister of Finance Jürgen Ligi confirmed on August 30 his decision to run for the office of the governor of the Bank of Estonia.

31.08.2011 Analysts: Real Wages Unlikely to Grow Significantly in 2011

ERR - After 11 quarters of decline, inflation-adjusted wages could finally start rising in the second half of this year, according to analysts from major banks, but the increase could be a small one.

24.08.2011 First Stage of EstWin Broadband Network Complete

ERR - With about 500 kilometers of new fiber optic cable installed, the initial stage of EstWin, a project to provide the entire population with 100-megabits-per-second broadband internet access by 2015, is now finished, its supervisory body announced on August 22.

24.08.2011 Tax Board: Salaries Down Slightly in 2010

ERR - Based on tax returns filed, the average gross salary in the nation last year amounted to 635 euros, or 9.6 euros less than the 2009 level, according to a Tax and Customs Board release.

24.08.2011 Swedbank Ups GDP Growth Forecast to 6.7%

ERR - Major regional banker Swedbank has once again raised its estimate for Estonia's 2011 economic growth, this time pegging it at 6.7 percent.

22.08.2011 Energy Sector Heading for Engineer Shortage, Study Finds

ERR - If current trends continue, Estonia's energy sector will be facing a shortage of 1,000 engineers in ten years' time, a new study has found.

22.08.2011 Producer Prices Up 5.2% over Year

ERR - The nation's producer price index remained on a growth trajectory in July, registering a 5.2 percent increase compared to the same month of last year and a 0.2 percent increase since June, new figures from Statistics Estonia show.

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