Uudiste arhiiv

 

Economic growth or economic standstill

SEB Pank

Several important economic indicators were updated last week. The new GDP flash estimate for the third quarter indicates that instead of picking up speed, as was expected at the beginning of the year, economic growth is instead beginning to freeze.

Statistics: Number of permits for use for non-residential premises down 2%

Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia, 178 permits for use were issued for non-residential premises in Q3 2015. Issuance of permits for use decreased 2% in a year. The floor area of non-residential premises issued with permits for use was 149 000

Labour market has tightened further

Swedbank

Finding suitable labour is increasingly difficult for Estonian employers, therefore, wage pressures persist even when enterprises sales and profits have decreased. Labour shortage was perceived as the biggest business constraint among the 18% of service, 17% of construction, and 14%

Ülemistele kerkib uus mere ja vanalinna vaadetega büroohoone

Peterburi tee 2f, Tallinn

Ülemistel pandi nurgakivi uuele vanalinna vaadetega 8500 rm büroohoonele. Eile pandi Tallinnas Peterburi tee 2F pidulikult nurgakivi Ülemiste Ärimaja büroo- ja parklahoonele, mille arendajaks on OÜ Ülemiste Ärimaja. Uus 8500 ruutmeetrine büroo- ja parkimishoone on projekteeritud juurdeehitusena olemasolevale büroohoonele. Uue

GDP growth smaller than expected

Swedbank

GDP growth slowed more than expected, from 1.9% in the second quarter to 0.5% in the third quarter, year on year. Quarter-on-quarter change in GDP volumes was negative: -0.5%. During the first 9 months of the year, GDP in Estonia

Statistics: Issuance of building permits for housing up 53%

Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia, 1 511 units of housing, with a total floor area of 137 000 m², were issued with building permits in Q3 2015. Issuance of building permits for housing grew 53% year on year, whereas the floor

Ülemiste Citys sai valmis uus 13-korruseline büroohoone

Ülemiste City Bernhards Schmidti maja

Täna tähistati Ülemiste Citys uue 13-korruselise büroohoone valmimist, mis on ühtlasi kõrgeim hoone lennujaama piirkonnas. Bernhard Schmidti nime kandvas majas on ligi 11000m² pinda ja hoonesse mahub ca 1000 töökohta. Arvestatava osa majas kasutatavast energiast toodavad selle lõunaküljele paigaldatud 275

Large Estonian enterprises’ optimism over doing business has grown

SEB Pank

SEB’s pan-Baltic survey of CFOs of large enterprises indicates an improved assessment of the business climate; however, Estonian enterprises remain more conservative in their forecasts than their neighbours to the south. The main concerns for large Estonian enterprises are low

Statistics: Number of permits for use for housing more than doubles in a year

Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia, 983 units of housing received permits for use in Estonia in Q3 2015. These are some of the highest levels in the past five years, more than double the number of permits for use a year

Out of the three Baltic states, Estonia shows the highest popularity of using a home loan to buy a home

SEB Pank

Compared to the other Baltic states, Estonians are more inclined to take out loans to buy their own homes, SEB’s latest economic analysis of households in the Baltic states reveals. Owning one’s home instead of renting it is significantly more

The residents of the Baltic States rarely move

SEB Pank

Compared to the rest of Europe, the residents of the Baltic States rarely move house. People chiefly move for family-related reasons, reveals the new Baltic Household Outlook prepared by SEB. The residents of the Nordic countries move most often. As

Statistics: Growth in the aggregate total of wages outpacing loan balances

Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

Balances on loan private individuals’ loans in Estonia have begun to grow at accelerating rates. According to the Bank of Estonia, last August the balance on private individuals’ loans stood at 7.23 billion euros, up 3.5% year on year. Growth

Private individuals’ deposits have grown more equally in Estonia than in Latvia or Lithuania

SEB Pank

The financial situation of households in the Baltic States has improved thanks to favourable changes on the labour market and growth in mean wages, reveals the new economic analysis of Baltic households by SEB. Growth in people’s savings has significantly

Statistics: For an average apartment in Harju County, 7.4 years’ mean wages have to be paid

Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

In an Estonian average, 5.7 years’ mean net wages have to be paid on a transaction with an apartment. In Harju County, wages are higher; however, real estate there is also the most expensive. As a result, far more –

In Latvia and Estonia the highest growth of average wages among Baltics

SEB Pank

Due to a reduction in labour taxes, average net (after tax) wages in the first half of 2015 in Estonia and Latvia rose at a quicker pace than gross wages. In Lithuania the average net wages rose a little bit