Postimees writes today that politicians reportedly asked millions in donations from Vjacheslav Leedo who controlled the ferry lines between mainland Estonia and the two large islands Saaremaa and Hiiumaa.COMMENTS (1)
British tabloid Daily Mail wrote yesterday that Brussels has drawn up a new plan of re-allocating refugees.
Jüri Mõis, businessman, founder of Hansabank and former politician of Isamaaliit that later became IRL told Äripäev that he knew already in 1999 that parties on power were secretly receiving funding from Port of Tallinn.
Estonian state energy company Eesti Energia has paid Dominic Freely, a financial consultant, around 10 million euros in various fees since 2008, writes Eesti Päevaleht.
Allan Kiil and Ain Kaljurand asked for 4.1m in bribe, and received almost 2m, writes Eesti Ekspress.COMMENTS (1)
In the second quarter, average monthly gross salaries rose almost six per cent year over year, Statistics Estonia reported today.COMMENTS (1)
Äripäev writes that a case of an Armenian family who moved to Estonia three years ago and has been planning to open a national restaurant in Estonia shows that it’s tough for refugees to start their own business in Estonia.
Estonian Entrepreneurship Minister Urve Palo (Social Democratic Party, SDE) announced on Sunday that she is resigning from the government.COMMENTS (1)
A court in Lithuania has frozen part of the assets of Nerijus Numavicius, the richest businessman in Baltics and a key shareholder of Vilniaus Prekybam that owns Maxima retailer chain, reported Äripäev.
One company involved in the criminal case of corruption in Port of Tallinn is HTG Invest, subsidiary of Tallink Group.
Although internal security police KAPO and prosecutor’s office has not said who were the other three persons detained yesterday in connection with alleged bribery of two Port of Tallinn executives, Eesti Päevaleht reported today that they are Tõnis Pohla, owner of Baltic Maritime Logistics Group (BMLG), and Üllar Raad, CEO of Esteve Terminal.
Estonian Minister of Economic Affairs Kristen Michal told Ärileht that he knew about the investigation into the activities of Ain Kaljurand and Allan Kiil for some time.
Estonian national flag carrier Estonian Air earned profit in June and July and said that its loss for the five months of 2015 was smaller than expected.
Swedbank has lowered Estonia's economic growth forecast from 2.1 percent to 1.9 percent.
Representatives of The World Economic Forum, Google, LinkedIn, CERN and Mars One amongst the presenters in the second Vilnius innovation forum ‘The Innovation Drift" that will be held in Vilnius on 3–4 September.
Businessman Olari Taal believes that it is time to extend the powers of the tax authority because Estonia’s current tax system is too weak, writes Äripäev.COMMENTS (8)
Tallinn city government has decided to ban three-wheel bikes offering fee-charging passenger carriage service from the Old Town from Aug. 15.COMMENTS (3)
Ugis Magonis, long-term chief executive of Latvia's state-owned railway company Latvijas Dzelzcels (LDZ), may have been bribed by Estonian businessman Oleg Ossinovski.COMMENTS (4)
323,500 tourists used the services of accommodation establishments in June 2015, which is 4% fewer than in June 2014, said Statistics Estonia.COMMENTS (2)
UP Invest, an investment company owned by Estonian businessman Margus Linnamae, has acquired LETA, Latvia’s largest news agency.
Estonian state-owned port operator Port of Tallinn reported that its first-half revenue amounted to EUR 53 million, a decrease of 10 percent year on year.
Estonian startup Taxify that has developed a mobile taxi booking application, has expanded to Prague, capital of the Czech Republic, reported Äripäev.COMMENTS (2)
Estonian-owned listed casino operator Olympic Entertainment Group (OEG), has acquired casinos in Latvia and Italy.
Eesti Ekspress weekly writes that Edgar Savisaar is going to return to big politics.COMMENTS (3)
Forbes magazine has included Vilnius and Tallinn among Europe’s five top entrepreneurial hubs, reported Invest Lithuania.COMMENTS (4)
State-owned rail infrastructure company Estonian Railways has decided to offer the job of a new chief executive to Sulev Loo.