News from Estonia brought to the UK in English, to help bring awareness from Estonia to the UK.
Estonia import and export trade figures have soared over 60% this year compared to 2010 April figures according to Statistics Estonia. Statistics show that exports have grown by 60% and imports by 68%; the figures translate to 1.1 billion Euros in exports and 1.2 billion Euros in imports. Estonia’s largest export for year ending...
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Tags: Baltic Business News, Baltic News, Estonia News, finland, ministry of finance, russia, sweden
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The European Bank for Reconstruction and Development (EBRD) have agreed to provide a loan of 34.4 million Euros to AS Graanul Invest to expand on their biomass fuelled combined heat and power (CHP) plants in the Baltic’s. AS Graanul Invest is an Estonian based privately owned company specialising in bioenergetics and renewable energy production....
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Tags: alytus, as graanul invest, Baltic Business News, Baltic News, biomass fuel, chp, combined heat and power plants, ebrd, Estonia News, european bank for reconstruction and development, imavere, Latvia News, launkalne, lithuania news
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Earlier this year Estonia invested in 500 hundred electric cars and charging equipment, simultaneously some of Estonia’s main petrol station chains committed to installing charging points. Those charging points are now being put to the test as the ‘Tallinn – Monte Carlo Electric Race 2011’ started today in Tallinn, Estonia. The cars will be...
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Tags: Baltic Business News, Baltic News, cathy rogers, christer asplund, denmark, Estonia News, finland, germany, ibm, italy, jarmo tuisk, sweden, switzerland, tallintallinn – monte carlo electric race 2011, the challenges of electro mobility in the nordic countries
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All three Presidents of the Baltic states; Lithuania, Latvia and Estonia had the opportunity to meet and hold individual discussions with US President Barack Obama in Warsaw, Poland at a dinner on Friday. As part of his European tour President Obama attended a working dinner in Poland with the leaders of Central and Eastern...
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Tags: Baltic Business News, Baltic News, Baltic States, barack obama, central and eastern europe, dalia grybauskaitė, estonia, latvia, lisbon, lithuania, nato, poland, toomas hendric ilve, warsaw
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A recent study by the Estonian Information and Telecommunication Association (ITL) demonstrates that Estonia is suffering from a lack of IT specialists. ITL estimated that some 6,500 more IT graduates will be required over the next three years. Last week on 16th May 2011 Estonian company, Webmedia Group acquired Finnish company, CCC Corporation Oy...
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Tags: Baltic Business News, Baltic News, ccc corporation oy, Estonia News, estonian information and telecommunication association, finland, itl, playtech, skype, sweden, webmedia group
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Earlier this week Microsoft confirmed their acquisition of Skype for 8.5 billion dollars. Skype has had phenomenally fast rags to riches success, its story originating in Estonia. The idea was first conceived by three Estonian programmers, Ahti Heinla, Priit Kasesalu and Jaan Tallinn. The three had previously launched Kazaa software in 2001 which rapidly...
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Tags: adtech, Ahti heinla, Baltic Business News, Baltic News, ebay, estonia enterprise, Estonia News, jaan tallinn, janus friis, kazaa, microsoft, niklas zennström, priit kasesalu, silver lake partners, skype, skype video booth, tallinn airport
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