The Baltics Today

In Air and Cyberspace, on Land and Sea, Russia Shows Muscle

Air activity over Europe, an Estonian officer in custody, the hunt for a submarine and claims of cyberattacks have ramped up tensions with the West.

In September, production of Estonian industrial enterprises rose by 4% y-o-y

According to Statistics Estonia, in September 2014, the production of industrial enterprises rose by 4% compared to September of the previous year. The production increased in manufacturing, but decreased in mining and energy.

Retail sales in Estonia grew by 6% in September y-o-y

According to Statistics Estonia, in September 2014 compared to September of the previous year, the retail sales of goods of retail trade enterprises increased 6% at constant prices.

Tallinna Sadam concludes contracts for ferryboats

Estonian state-owned port operator Tallinna Sadam concluded contracts with shipyards Remontowa Shipbuilding and Sefine Shipyard for building four new ferries for the routes between the Estonian mainland and biggest islands; each shipyard will build two ferries, LETA/Postimees Online reports.

Ryanair hopes to serve 2.3 mln passengers in Baltics in 2014

Irish low-fare airline Ryanair hopes to serve 2.3 million passengers in the Baltics in 2014, the airline informed LETA.

Eesti Energia increases profit, but reduces sales revenues in Q3

Estonian state-owned energy company Eesti Energia announced that its sales revenues reached 197 million euros in the third quarter of 2014, decreasing by 9% compared to the same period in 2013 while the net profit amounted to 44 million euros, a growth of 5% year-on-year, writes LETA.




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