Observer Eesti Oü

WEEK 27th 2004

Tuesday, 29th of June, 2004

In May trade deficit decreased by EEK 574 million
According to customs information import of good exceeded export by EEK 733,7 million. Customs explains this occurrence with the fact that April and May trade is not comparable because of the EU. Before customs statistics counted statistics of all trading countries separately, now it is unified. According to statistics in May export constituted to EEK 2,022 billion.

Wednesday, 30th of June, 2004

Hansapank is growing
Yesterday the share of Hansapank increased to the level of EEK 106,87, lacking only 70 sents to the record price. If during the period between June 18th and June 25th Hansapank share moved within the corridor of EEK 102,64-EEK 103,58, then during the last two days the share gained EEK 3,60. The share of Hansapank was positively influenced by positive evaluation of long-term and short-term bonds by Fitch rating agency.

In the first quarter economy grew by 6,8%
Preliminary information shows that economic growth in the first quarter of 2004 constituted to 6,8%. DGP under current prices stood at EEK 31,7 billion and under the prices of 2000 DGP constituted to EEK 27,0 billion, which is 6,8% higher than during the first quarter of 2003.

Friday, 2nd of July, 2004

This financial year’s net profit of Estonian Energy was EEK 523 million
The board of Estonian Energy (Eesti Energia) confirmed that the net profit of financial year 2003/2004 constituted to EEK 523 million. In comparison to the financial year 2002/2003 net profit of the enterprise grew by 2,7%.

During the first quarter the sales of Estonian enterprises increased by 13%
Statistical office announced that during the first quarter of this year the realized sales of Estonian enterprises increased by EEK 9,7 billion or by 13%. In the first quarter 32 300 enterprises were operating in Estonia employing over 399 000.

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