Uudiste arhiiv

 

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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Flash comment Estonia: Wage growth remains rapid and broad-based

04.03.2019
swedbank

In 2018, the average full-time gross wage amounted to EUR 1310, up by 7.3%, in a year. The average gross wage increased in all sectors. The average wage was the highest in ICT and finance. A rapid growth in the…

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Flash comment Estonia: 2018 – another strong economic year in Estonia

28.02.2019
swedbank

In 2018, Estonian GDP growth slowed to 3.9% in real terms and to 8.6% in nominal terms and was supported by domestic demand and strong foreign demand. The growth was still strong and only slightly exceeded our expectations – our…

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Uus Maa: Market Review January 2019

26.02.2019
uus maa

As customary for the beginning of the year, January was rather modest: according to the initial data, 1,605 sale/purchase transactions of apartment ownerships were concluded all over Estonia, which was slightly below 100 less than last January and over 70…

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Nordecon: Muudatus kontserni tütarettevõtte juhatuses

20.12.2018
nordecon

Nordecon AS’i 100%’lise tütarettevõtte Tariston AS’i 20.12.2018 toimunud nõukogu koosolekul nimetati alates 07.01.2019 ettevõtte uueks juhatuse liikmeks Argo Kotsar, kes hakkab vastutama Tariston AS’i teedeehituse ning asfaltbetooni tootmise ja paigalduse valdkonna eest. Alates 01.01.2019. a. koondub Nordeconi kontserni rajatiste valdkonna…

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Swedbank Flash comment: Economic growth accelerates to 4.2% yoy in the third quarter

03.12.2018
swedbank

In the third quarter, Estonian GDP growth accelerated to 4.2% yoy in real terms. Compared to the previous quarter GDP increased 0.4%, seasonally and working day corrected. In nominal terms, GDP increased 9.5% in the third quarter and 8.5% ytd.…

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Swedbank Flash comment: Wage growth remains rapid and broad-based

30.11.2018
swedbank

In the third quarter, the average full-time gross wage amounted to EUR 1291, up by 7.5%, in a year. Median wage reached EUR 1000, +10.0%, over the year, according to the Tax Board. The average gross wage increased in all…

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Swedbank: Middle class in the Baltics

24.09.2018
swedbank

The Baltics get closer to the Western middle class income standard, but income inequality remains an issue A strong and well-off middle class, a sign of lower income inequality, important for economic growth Middle class incomes have grown substantially in…

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Swedbank: Estonian GDP growth accelerated to 3.7% in the 2nd quarter

03.09.2018
swedbank

Real GDP growth in Estonia accelerated to 3.7% yoy in the second quarter of 2018. The growth was stronger than in the first quarter (3.3%). In the first half, GDP growth was 3.5% in real terms. The acceleration of the…

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Swedbank: Wage growth decelerated in the 2nd quarter

29.08.2018
swedbank

In the second quarter, the average full-time gross wage amounted to EUR 1321, up by 6.4%, in a year Swedbank expects gross wage to grow by 6.6% in 2018 and by 6.0% in 2019 Consumption remains moderate Wage growth decelerated…

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Swedbank: Second quarter’s unemployment rate the lowest in 10 years

15.08.2018
swedbank

Employment rose rapidly but only among the part-time workers The unemployment rate decreased more than expected The shortage of labour has reached the levels of last economic boom Employment rose rapidly but only among the part-time workers The number of…

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BRE: The legendary Pirita SPA Hotel is undergoing alterations to become the leading recreation and entertainment centre

15.08.2018
Baltic Real Estate

The Pirita SPA Hotel, which has delighted guests for nearly 40 years now, will be undergoing significant updates to provide more active recreation options for local families and foreign tourists alike. The spa hotel, which was recently acquired by Purje…

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Uus Maa: Market review May 2018

15.06.2018
uus maa

The unusually warm, sunny and dry May still did not have enough power to reverse the transactions agreed earlier. Greatly thanks to the new developments in Harju County, for the third time in the past five years, over 2,000 transactions…

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Swedbank: Deceleration of economic growth in 1Q2018 was expected

31.05.2018
swedbank

GDP growth in Estonia decelerated to 3.6% yoy in 1Q2018 in real terms. The slowdown was expected, as close to 5% growth in 2017 was above the potential, by far. Nominal GDP growth decelerated to 8%, but it’s still very…

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