Uudiste arhiiv

 

Homes of Baltic residents are smaller than the European average by a third

SEB Pank

The average housing size in the European Union is 96 m2. However, in the Baltics, an average household must cope with 63–67 m2. A new financial analysis of Baltic households organized by SEB reveals that this is, in part, caused

Colonna buys 18 properties from Rimi

Sorainen

Colonna’s investors have acquired 18 retail properties in Estonia, housing Rimi and Säästumarket shops with a total lease area of 16,818 m2 of which five are located in Tallinn, the Estonian capital. The former owner of the properties was Kinnisvaravaldus,

Aasta ettevõte 2015 on Kodumaja

Kodumaja

Tänasel pidulikul auhinnagalal Eesti Parimad Ettevõtted 2015 pälvis Aasta Ettevõtte tiitli ehitusettevõte Kodumaja. Aasta Ettevõte valiti Ettevõtluse Arendamise Sihtasutuse (EAS) konkursi Ettevõtluse Auhind ning Eesti Kaubandus-Tööstuskoja ja Eesti Tööandjate Keskliidu Konkurentsivõime Edetabeli parimate seast. EASi juhatuse esimehe Hanno Tombergi sõnul

Eastern European Outlook, October 2015

SEB Pank

The dual-track economic picture in Eastern (including Central) Europe will persist over the next two years. Conflict-plagued Russia and Ukraine will show continued weakness. In Russia, recession will linger during 2016 too, as plunging oil prices rebound only weakly and

SEB: Residents of Baltic capitals have improved financial options for buying flats

SEB Pank

A survey by SEB shows that in terms of current income levels and property prices, residents in the Baltic capitals can now become owners of bigger flats than a year ago. The SEB home purchasing power index* has improved thanks

Growth in corporate and household deposits remains fast

Eesti Pank

The volume of loans and leases to Estonian companies and households was the same at the end of August as in July at 15.8 billion euros. This meant the financing portfolio had increased by 3.5% since August last year. Annual

Swedbank: Risks at the housing market

Swedbank

Growth of house prices one of the fastest in Europe House prices have grown faster than households’ incomes Surge in supply should slow future price growth Growth of house prices one of the fastest in Europe Of the 27 countries

Moderate economic growth, yet risks have increased

SEB Pank

Economic statistics for the past week revealed that the Estonian economy grew a lot more last year than was previously thought. The growth of GDP in the second quarter can also be regarded as being good. At the same time,

Swedbank flash comment Estonia : Weak foreign demand inhibits the economic growth in Estonia

Swedbank

• GDP real growth 2% in the second quarter • Main contribution from private consumption, but investments decreased • Economic activities dependent on foreign demand (transportation and manufacturing) had the largest negative contribution to the GDP growth • Exports decreased

SEB: The gap between industry and trade is widening

SEB Pank

Last week several updates on some important economic indicators were published. Unfortunately the news were mainly negative – industrial production is falling, orders are decreasing and employee’s pay is not growing from the company’s increasing income but from investments. Industry

Swedbank flash comment: Estonia

Swedbank

Cheaper energy behind deflation • Consumer prices dropped further in August • Cheaper energy behind the decline in prices • Inflation expected at -0.2% in 2015 and +1.9% in 2016 August deflation numbers were in line with our expectations. In

Swedbank: The Estonian Economy

Swedbank

Why worry about wage growth?  Wage growth accelerated again Not sustainable in the longer term Exports have to recover Wage growth accelerated again Gross wage growth has been around or above 5% since 2011. In the first half of 2015,

Swedbank: Wage growth accelerated

Swedbank

Monthly gross wages amounted to 1,082 euros, +5.8%, yoy, in Q2. At the same time, net wages were up by 7.3% in real terms because of 0% inflation and lower labour taxes. The growth of gross wages accelerated from 4.5%

Employee numbers rising in spite of declining sales

SEB Pank

The ending week will be remembered by many for the nervous decline of the stock markets. Despite these uncertain times, the global economy is on track for growth. In Estonia, initial data published for the economic performance of businesses in

Lower tax rates and prices lifted real wage income

Eesti Pank

Data from Statistics Estonia show that the growth in average gross wages accelerated to 5.8% in the second quarter of 2015, from 4.5% in the first quarter. Tax changes that took effect this year supported the 7.3% rise in the