|WEEK 6th 2004
Tuesday, 3rd of February, 2004
Hansapank share reached record level
Hansabank share reached another price record reaching up to EUR 23.75 in the end of the market day.
Analyst for Ühispank, Sven Kunsing claims nobody could predict such a boost. Ühispank predicts the expected profit for Hansapank to be EEK 28.8 per share this year.
7.12 percent of state budget revenues fulfilled
According to preliminary data, EEK 3.388 billion or 7.12 percent has returned to the state budget during the first month.
The amount of state revenues in 2004 is EEK 47.6 billion.
Talsingi is one of the star cities of the world
Tallinn and Helsinki belong among the 24 cities with most development potential, affirm the experts of international real estate company Jones Lang LaSalle.
Qualifications for fast development are technology and science-based economy.
Experts believe that Tallinn would soon become a part of technology network that is tightly connected to Helsinki and Stockholm. Tallinn would also develop as a tourism centre.
Wednesday, 4th of February, 2004
Turnover of GNT Estonia is over half a billion
Last years turnover of GNT Estonia, the biggest wholesaler of computer goods and home electronics, reached over half a billion, whereby profit reached EEK 1 million.
This year, the company plans to earn EEK 550 million of turnover and EEK 4 5 million of profit. Growth should come from the increase of efficiency. GNT will also launch additional services this year.
MicroLink earned a record profit
MicroLink achieved a record result of the quarter: consolidated net profit that reached EEK 30.2 million was the highest in the companys history.
Companys turnover amounted EEK 285.2 million. SAF Tehnika that manufactures radio links gives about 40 percent of MicroLinks consolidated turnover and a major share of profit. One of the most profitable business fields of MicroLink in the Baltic States has been IT. In Lithuania, MicroLink has doubled in size during one year.
Baltic Weekly MonitorA