A fifth of employees in Estonia say that bribery or corruption practices are widespread in Estonian businesses, shows a corruption and fraud study conducted by Ernst & Young. COMMENTS (1)
Kaido Saar, chairman of the management board of Bigbank, says that it’s time that bank services become as accessible as other digital services.COMMENTS (4)
The average monthly gross wages are slowing down.COMMENTS (1)
Lithuanian airline Air Lituanica announced that it has ceased flight operations from mid-day Friday, May 22.COMMENTS (1)
According to Statistics Estonia, 4,637 persons emigrated from Estonia which is 30% less than in previous three years.
Jüri Raidla says that instead of public criticism, Estonian government needs positive support.
Ambassador Jaak Jõerüüt writes that when discussing the need to accept hundreds of refugees, Estonians forget that refugees can teach us a lesson or two.COMMENTS (2)
Now that there are fewer Finnish and Russian tourists, Estonia wants to target Swedish tourists.
Estonian private airline Avies that belongs to businessmen Priit Piilmann and Allan Soll may soon go bankrupt, writes Äripäev.COMMENTS (1)
The public approval rating of the Estonian PM Taavi Rõivas is 2+ on a scale of 1 to 5 where 1 is very poor and 5 is very good, shows a poll by Eesti Päevaleht.COMMENTS (1)
International taxi booking company Uber officially expanded to Tallinn last week by launching its UberPOP app and competitors are already claiming that the company’s services are illegal, writes Äripäev.COMMENTS (7)
Karli Lambot, chairman of the supervisory board of Ace Logistics Group, writes in Äripäev that the Estonian tax policy is like a fairy-tale that offers nothing but wishful thinking and creates dreams.COMMENTS (1)
Brian Souter, a Scottish billionaire whose bus companies operate in both Finland and Poland is preparing to expand his bus operations also into Estonia, writes Äripäev.COMMENTS (2)
At the time when the government is looking for revenue sources to cover 1 percent cut in social tax rate, the Estonian Unemployment Insurance Fund or Töötukassa has 610 million euros that are sitting idle, writes Äripäev in its top story.
Thanks to well-planned and targeted tax policy, Latvia has become the hotbed for growth companies, admits head of Estonian Tax Board Marek Helm.
UPDATE: adds comments from owner of Tavid and CEO of Tavex
Estonian internal security agency KAPO makes no secret that Estonians who have contacts with businessmen from Russia and other CIS countries are under special attention, writes Äripäev. COMMENTS (5)
The state-owned national carrier Estonian Air reported 6.4 million euros in losses in 2014, more than double the predicted 3 million euros.COMMENTS (2)
The parliaments and governments of the last 15 years have failed to solve four major issues, but now they must be resolved, Igor Rõtov, managing director of Äripäev, writes in Äripäev.
The fact that non-citizens can vote in Estonia is nonsense – MPMart Helme, chairman of Conservative People's Party of Estonia (EKRE), said that EKRE seeks to abolish the right of non-citizens to vote in local elections in Estonia.COMMENTS (1)
The three largest dividends were last year earned by Armin Karu, owner of Olympic Entertainment Group, Sergei Petrov and Sonny Aswani, according to the Äripäev.COMMENTS (7)
AlcorDistillery that started operations last autumn in the production premises of Onistar after the latter went bankrupt ows 2.1 million euros in excise duties and VAT, but the company’s owners say this is normal, writes Äripäev.
Andreessen Horowitz – the venture capital firm created by Netscape and Opsware founders Marc Andreessen and Ben Horowitz - has led a Series C $58m round in Europe’s leading financial tech start-up TransferWise, according to a company announcement.COMMENTS (2)
Estonia must become a New Nordic Country, ie a world leader in terms of personal and economic freedoms, a country with a Nordic standard of living and level of safety, while being socially and technologically more dynamic and flexible than the "old" Nordic countries, Prime Minister Taavi Roivas said at the Reform Party convention on Saturday.COMMENTS (20)
Estonian Air carried 553,147 passengers during 2014, an increase of 0.4 percent over the preceding year.