|WEEK 19. 2005
Wednesday, 11th of May, 2005
Estonian Energy earned a profit of nearly EEK 700 million
The concern of Estonian Energy earned EEK 674 million in profit by the earned income of EEK 6.2 billion during the fiscal year that ended in March. Whereby Estonian Energy invested EEK 2.5 billion.
Estonia will have fast economic growth
In April, the Bank of Estonia raised the prognosis of this years economic growth of Estonia up to 5.7 percentage points. In December, the bank predicted the growth to become 5.6 percent.
Prime Minister Andrus Ansip is even more optimistic. In his interview to news agency Bloomberg, Ansip prognosticates 6 percent of average economic growth until the year 2010.
Thursday, 12th of May, 2005
Economy of Estonia to stay in competition
Lausanne Institute of Management Development (IMD) published its annual world competitiveness ranking. In the comparison of 60 countries and economic regions, Estonia ranks on 26th position. Compared to last year, the position of Estonia has improved by two places.
IMD partner in Estonia is the Institute of Market Research and financier Enterprise Estonia.
Plant business to reach EEK 100 million this year
The plant business grows by 10 percent every year in Estonia and plant entrepreneurs do not see end for this boom. According to entrepreneurs, the amount of plant business would reach EEK 100 million this year. Plant business blossoms on the background of construction boom, as more and more real estate areas need planting of greenery.
Friday, 13th of May, 2005
Edelaraudtee had over half million passengers
Railway company Edelaraudtee had 130,728 passengers on their trains in April and 509,000 passengers in four months, informed company.
Compared to same period last year, Edelaraudtee serviced 1.5 % less passengers in four months and about 8 % less passengers in April.
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