Estonian energy group Alexela reported revenue of more than EUR 620mn in 2022, which was up almost 70% from around EUR 368mn in 2021, ERR reports. The group’s annual profit amounted to EUR 14.6mn, which was up 75% from EUR 8.3mn a year earlier. Alexela attributed the rise in profit to an increase in the…
Food prices in Estonia continued to rise sharply in June 2023 compared to the year before but remained relatively stable from a month earlier, according to data from the Estonian Institute of Economic Research (EKI), ERR reports. The price increases were particularly notable for meat and dairy products. The price of sugar has risen from…
Estonia’s Information System Authority (RIA) recorded around 550 phishing scams, where scammers tricked individuals into revealing their bank card details and PIN codes, in the first five months of 2023, ERR reports. The agency also documented around 1,200 incidents that compromised the confidentiality and availability of data or information systems. Additionally, RIA detected around 5,000…
Estonia’s Information System Authority (RIA) has launched a cyber awareness campaign aimed at raising awareness about the dangers in the Estonian cyberspace, ERR reports. The campaign aims to prevent businesses and individuals from falling victim to data breaches, loss of account access, and financial theft. The campaign emphasises the importance of increased awareness regarding online…
A jury in Estonia’s second-largest city, Tartu, has shortlisted six entries in an international architectural competition to design the Tartu Südalinna Cultural Centre (SÜKU), ERR reports. The jury, which is chaired by Tartu mayor Urmas Klaas, received altogether 107 entries for the competition. The award ceremony announcing the winning design will take place on 14…
In a speech at the 13th Youth Song Celebration "Holy is the Land" in Tallinn on 2 July 2023, Estonia’s President Alar Karis insisted on the need for unity in preserving Estonian language and culture, ERR reports. There must be unity in protecting and respecting all people who live in Estonia, he said. "We do…
Ukraine’s State Bureau of Investigation (DBR) has seized business documents of Ukrainian company IC Construction over suspected embezzlement at its Estonian partner, NGO Slava Ukraini, ERR reports, citing Ukrainian news portal Zaxid.net. IC Construction’s office in Lviv was searched on 23 June 2023. CEO Roman Panasyuk said that the company has launched an internal audit….
The Estonian company, Filaret, has set up collection boxes for cigarette butts in Tartu, ERR reports. Ines-Issa Villido, founder of Filaret, noted that around 300 tonnes of cigarette filter waste was created in Estonia every year, which equals to some 100 truck loads. Filaret’s collection boxes will stay at various locations in Tartu until the…
Estonian former MP Mihhail Stalnuhhin, who failed to renew his seat in the parliamentary elections in March 2023, says he is leaving politics, ERR reports. He won the most votes (4,578) in the Ida-Virumaa county, but fell short of a personal mandate. Stalnuhhin said that it was his last election. He was expelled from the…