Uudiste arhiiv

 

Swedbank: Last year’s economic growth surprised on the upside

28.02.2020
Swedbank

In 2019, Estonian GDP growth was 4.3% y/y in real terms and 7.7% y/y in nominal terms. Although, the growth slowed from previous year, it was still strong and exceeded our expectations – our forecast, published in January, was 3.7%.…

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Memorandum of understanding for the development of international conference and concert centre with port in Tallinn

28.02.2020

To improve the attractiveness of Tallinn as a tourist destination and to offer local citizens new recreational opportunities AS Tallink Grupp (the Group), the Group’s largest shareholder AS Infortar and the City of Tallinn signed today a memorandum of understanding…

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Comment on signing of the Memorandum of Understanding for the development of conference and concert centre with passenger port in Tallinn

28.02.2020
Tallinna Sadam

According to the exchange release of Tallink Grupp published today and the information disclosed at their joint press conference (https://www.youtube.com/watch?v=nSyXyWUV9nU&feature=youtu.be), Tallink Group, Infortar and the City of Tallinn signed today a memorandum of understanding to develop the city owned architectural…

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EfTEN ReEstate Fund III AS unaudited consolidated interim accounts for the 4th quarter and 12 months of 2019

14.02.2020
EfTEN Real Estate Fund

Comment of the fund manager The most important economic events of EfTEN Real Estate Fund III AS in 2019 were the ABC Motors dealership purchase-leaseback transaction, successful issue of shares in volume of EUR 16 million and opening of Hortes…

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Pro Kapital: Notice of prolongation of redemption date of PKG2 convertible bonds

20.01.2020
Pro Kapital

AS Pro Kapital Grupp informs that it has prolonged the redemption date of 378 070 “Pro Kapital Grupp convertible bond PKG2 20.01.2014” (hereinafter referred to as Convertible Bonds PKG2) by 2 years and the new redemption date is 20.01.2022 (hereinafter referred to…

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Swedbank: The construction sector will not contribute to economic growth this year

16.12.2019
Swedbank

After three consecutive years of strong contribution to economic growth, the construction sector is not supporting economic growth this year. Labour shortages in construction have eased somewhat, and risks of excessive growth of labour and construction costs should reduce, going…

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Estonian Real Estate Market review October 2019

29.11.2019
Uus Maa

In October, the people visiting the real estate conference of EKFL admitted that the sentiment of the participants in the real estate market is rather positive and no bigger systematic risks are predicted for the next few years. When looking…

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Swedbank: Robust economic expansion continued in the third quarter

29.11.2019
Swedbank

Estonia’s GDP grew 4.1% y/y and 1.0% q/q (seasonally and calendar adjusted) in the third quarter this year. Non-adjusted annual growth was 4.2% in real terms and 7.3% in nominal terms. The growth was above our expectations.  Economic growth is…

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Uus Maa: Estonian Real Estate Market review September 2019

29.10.2019
Uus Maa

2096 sales-purchase transactions of apartment ownerships were concluded in September. Even though according to common logic September seems to be a rather quieter month, as it is associated with the end of summer holidays and the beginning of school, the…

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Uus Maa: Estonian Real Estate Market Review, August 2019

24.09.2019
Uus Maa

Regardless of holiday waves and the warm August, the real estate market was operating at top speed. According to the final figures, 2,087 sales-purchase transactions of apartment ownerships were concluded in August, which was the second best result of this…

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Swedbank: The curious case of household consumption in the Baltic countries

17.09.2019
Swedbank

The curious case of household consumption in the Baltic countries Lithuanians consume a lot more than Estonians and Latvians, despite higher wages in Estonia Differences in prices, remittances, saving rates, and, especially, unofficial income may explain this gap But material…

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Swedbank: Economic growth is still strong despite weakened foreign demand

02.09.2019
Swedbank

In the second quarter of 2019, Estonian GDP growth slowed to 3.6% y/y in real terms and to 7.9% y/y in nominal terms. In the first half of this year, GDP growth was 4.2% in real terms. Although, the growth…

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Swedbank: The scarcity of labour keeps wage growth elevated

16.05.2019
Swedbank

 • The unemployment rate declined, and the employment rate slightly increased in the first quarter. • According to Swedbank’s forecast, labour market should remain tight this year, so wage pressures persist. Labour market remains tight According to Statistics Estonia, labour market…

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SEB: Nordic economic overview: wage growth changes the Estonian economy

09.05.2019
SEB Pank

The economy is increasingly relying on central banks When at the end of last year, financial markets were hit by true panic regarding the future of the world economy, today we dare to look into tomorrow with slightly improved optimism.…

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Swedbank: Neighbouring countries’ impact on the Estonian economy is waning

08.04.2019
Swedbank

Finland, Sweden, Latvia, and Russia – Estonian closest neighbours – contribute about one-fifth to Estonian GDP through exports. The share of the four neighbouring countries’ tourists’ expenditure is about 60% of the expenditure of all tourists. Finland and Sweden have…

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