Estonian national carrier Estonian Air has returned two aircraft and paid the contractual penalty. The airline has agreed on return of two Embraer E190 aircraft that had been ordered, but that Estonian Air did not need.
Now is the time to replace the troubled Estonian Air with an entirely new budget airline, says Toomas Peterson, ex-CEO of Estonian Air.
Funds managing Estonians' pension assets have started actively investing in the Estonia real estate market and shares. Fund managers say that Estonian real estate fits the pension fund portfolios very well.
Although Estonian income taxation system is not perfect, it is based on the right foundation, says Martti Hetemäki, the new permanent undersecretary of state of the Finnish Ministry of Finance.
Estonia continued to have the highest annual inflation in the eurozone also in January, at 3.7%, according to Eurostat.
Tallinn City Government is demanding that the central government prepares legislation that would limit the opening hours of night bars from Tallinn Old Town to 3 am.
Estonian logistics expert and former minister of transport, Raivo Vare, says that Latvia’s accession to the eurozone would be more beneficial for Estonia than if Latvia were to stay outside the eurozone.
Intel Capital and Greycroft Partners will invest in Estonian developer of mobile payment systems Fortumo, the company has announced.
On February 24th, to celebrate 95th anniversary of the Republic of Estonia, a photo initiative is organised, asking all to shoot a picture within one minute, at 1 pm to 1:01 pm, of oneself or surroundings.
The Estonian weekly Eesti Ekspress has questioned the recent sale of Latvian entertainment portal Spoki.lv to the Latvian news portal TVNet, itself owned by the Norwegian media group Schibsted.
On Wednesday, February 20, the first chain of electric car recharge station was opened in Estonia. The stations include ABB Terra 51 DC recharging installations. The Terra 51 DC recharging technology allows vehicles to recharge within 15-30 minutes' time, while standard (AC) chargers require 8 hours.
Estonian hunting clubs are unhappy with the new hunting bill that allows forest owners to ban hunting in their forests.
A study of Baltic business climate made by the Swedish Trade Council based on interviews made in 147 Swedish companies that operate in the Baltic countries showed that they were generally satisfied with this region as a place for doing business.
Swedish businessman Jonas Wahlström is now the largest private forest owner in Estonia and now owns about 23,000 hectares of land, mainly forest, in Estonia.