Estonia’s biggest beer producer, Saku Õlletehas (Saku Brewery), reported sales of EUR 72.3mn in 2022, which was down 11% from 2021, ERR reports. The company’s annual net profit amounted to EUR 6.6mn, which was down 18.5% from a year earlier. The company attributed the worse results to the cessation of exports to Russia and Belarus,…
Estonia’s state-owned company Rail Baltic Estonia, which was established to build the Rail Baltica railway, reported revenue of nearly EUR 39.6mn in 2022, which was up 84.3% from 2021, BNS reports. The company’s annual profit more than doubled from EUR 11.4mn to EUR 28.5mn. Rail Baltic Estonia made a profit of EUR 36mn from targeted…
Estonia has almost 800 children living in orphanages out of a total of 3,000 children who are unable to grow up with their birth families for various reasons, ERR reports. Around 1,500 children are in foster care, 600 have been adopted, and a little over 150 are in temporary foster care. Maarja Kuldjärv, head of…
Latvia had the largest share of people outside the labour force in the three Baltic states in the first quarter of 2023, according to Eurostat data, LSM reports. Just over 16% of Latvia’s potential labour force is not currently part of the working population. The figure stands at 15.4% in Lithuania and 12.3% in Estonia….
A motion of no confidence in the current tripartite ruling coalition in Estonia’s Paide municipal council won the majority of votes, DELFI reports. Altogether 13 out of 23 councillors voted for the motion presented by Priit Värk, chairman of the New Paide electoral alliance. The coalition of Paide People’s City, Estonian Reform Party, and Estonian…
Car owners in Estonia face increasing pressure and deserve fair treatment, Simmo Saar, head of the newly-established Estonian Car Owners Association (EAOL), stated, ERR reports. The new association aims to represent the rights and interests of car owners, including in regard to taxation, highway planning, traffic law, penal policy, and traffic education. EAOL opposes the…
Candidates for the new position of the government’s special representative in Estonia’s Ida-Virumaa county include Peep Peterson and Jaanus Purga, ERR reports. Peterson, member of the Social Democratic Party, is former minister of health and labour and former chairman of the Confederation of Estonian Trade Unions (EAKL). Jaan-Hendrik Toomel, current head of EAKL, said that…
Police officers in Estonia are required to draw their weapons almost every week on duty, primarily due to the prevalence of gas pistols and starter guns that resemble real firearms, ERR reports. However, police officers actually discharge their firearms only a few times a year. Armin Saarits, head of the Special Preparedness Unit at the…
An analysis on the impact of EU financial support on Estonian firms revealed that while the subsidies led to higher sales revenues and wages, they did not significantly improve productivity, ERR reports. The study, conducted by researchers from the Stockholm School of Economics in Riga, examined data from 1,435 companies that received European Regional Development…