Baltic Business News, Author at the Lithuania Tribune

Lithuanian economy to grow fastest in Baltics in 2014-2015

November 7, 2014 Baltic Business News 0

According to the latest EU economic growth report of the European Commission, Lithuania will see the fastest growth in the Baltics in 2014 and 2015. […]

Tallinn Airport among best airports in Europe

November 2, 2014 Baltic Business News 0

Tallinn Airport is among the best airports in Europe, based on the overall airport experience determined by a travellers survey. […]

Finland and Estonia to build their own LNG terminals

October 24, 2014 Baltic Business News 0

Estonia and Finland are coming to an agreement over building a gas pipeline between the two countries and on building LNG terminals in both Estonia and Finland. […]

Lithuanian entrepreneurs moving businesses to Estonia in search of better tax environment

October 24, 2014 Baltic Business News 0

More and more Lithuanian entrepreneurs have decided to register holding companies in Estonia. According to experts, the reasons are Estonia’s stable tax system and zero income tax on reinvested profits, writes Äripäev. […]

EU says no to joint Estonian-Finnish LNG terminal project

October 2, 2014 Baltic Business News 0

EU has rejected the proposal to finance the development of joint LNG terminal projects proposed by the Estonian company Alexela Energia and Finland‘s Gasum Oy, writes Eesti Päevaleht. […]

Two options for Estonian economy: slow fadeout or risky development

September 28, 2014 Baltic Business News 0

Tallinn University of Technology professor Rainer Kattel writes in Postimees that because of the European debt crisis and the Ukraine crisis, the outlook for the Estonian economy remains bleak. […]

Estonian paper says country needs Russian investment

September 22, 2014 Baltic Business News 0

It is hardly surprising that in the atmosphere of instability that the Baltic states have found themselves lately, the Estonian state keeps regarding Russian capital as a source of major risk. […]

Banks lower Estonia’s 2014 growth estimate

August 27, 2014 Baltic Business News 0

Swedbank has lowered its forecast of Estonia‘s economic growth in 2014 by 1 percentage point to 0.8 percent. […]

UK’s largest sporting retailer to open a store in Tallinn

August 11, 2014 Baltic Business News 0

Sports Direct International plc, a British retailing giant that is known for its low margins, will open its first store on 1,600 sqm in Tallinn in Ülemiste Shopping Centre at the end of October, writes Äripäev. […]

Estonian producers: Russian ban came as cold shower

August 8, 2014 Baltic Business News 0

Estonian food producers admit that they did not expect Russia to impose a total ban on food imports from the EU and say this is equivalent to declaring a trade war, writes Äripäev. […]

Estonia wants to build Europe’s biggest data warehouse

August 7, 2014 Baltic Business News 0

The ambitious plan that is backed by Finnish businessmen and is being promoted by leading IRL politician Eerik-Niiles Kross to build Europe’s largest data warehouse in Estonia raises doubts, writes Delovye Vedomosti. […]

High-earning Estonian MP resorts to instant loan

August 4, 2014 Baltic Business News 0

Eesti Päevaleht writes that Centre Party’s MP Olga Sõtnik not only owes about 260,000 euros in debt, but has also taken a 5,500 euro instant loan. […]

Estonian businessman plans 30-storey skyscraper in central Tallinn

July 24, 2014 Baltic Business News 0

Estonian businessman Olav Miil, known as the owner of the ferries that operate between mainland Estonia, Saaremaa and Hiiumaa, has built up an extensive real estate empire and is developing a 30-storey high-rise building in Tallinn, writes Eesti Päevaleht. […]

Estonia’s IT talent quit Skype to set up their own companies

July 22, 2014 Baltic Business News 0

Skype, the symbol of Estonia’s information technology capacity, is losing its key employees who are leaving to set up their own companies, writes Eesti Päevaleht. […]

Estonia’s exports and imports continued to decrease in May

July 16, 2014 Baltic Business News 0

In May 2014, exports of goods in Estonia decreased by 9 percent and imports by 4 percent at current prices, year on year, reports Statistics Estonia. […]

Russian money flooding Estonia’s real estate market

July 13, 2014 Baltic Business News 0

More and more wealthy Russians and Ukrainians who are concerned about unstable political and economic situation in their countries are investing in Estonian real estate, writes Äripäev. […]

Estonia’s EU commissioner Siim Kallas: Europe, unlike Baltics, never questioned Rail Baltica project

July 11, 2014 Baltic Business News 0

European transport commissioner Siim Kallas, 65, says in an interview to Äripäev that he is proud of Estonia because Estonia has a good image in Europe as a country that is innovative and makes things happen, but warns that economically, the country must move forward, as otherwise it would run out of steam. […]