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WEEK 22. 2005

Monday, 30th of May, 2005

Pakterminal started the year successfully
In the 1Q, Pakterminal processed nearly 2.6 million tons of crude oil and petroleum products. In February, amount of transit formed 894,000 and in March 920,000 tons. Pakterminal is planning to expand its container park even more this year, in order to serve big containers that correspond to modern environmental requirements. In the beginning of the year, Pakterminal’s container park expanded by 55,000 cubic metres.

Wednesday, 1st of June, 2005

Industrial production up by 11 percent
Sufficiency of raw material in wood industry, expansion of clientele in telecommunications market and construction boom have increased industrial production. Compared to last year’s April, growth of industrial production was 11 percent, whereby growth in manufacturing industry reached 12 percent.
Industrial production has been growing continuously since the year 2000 in Estonia.

Starman’s turnover up 44%
In the fiscal year of 2004, AS Starman grew turnover by 44 percent up to EEK 149.3 million. Profit of the cable television company reached EEK 14.9 million.
Eesti Päevaleht, Ärileht

IT-market grows fastest in Lithuania
According to the prognosis of investment company Prime Investment, the market of information technology and telecommunications will grow fastest in Lithuania this year. The market will grow 6.3 percent up to EUR 892 million in Latvia, 9.3 percent up to EUR 838 million in Estonia and 11 percent up to EUR 1.169 billion in Lithuania this year.
Eesti Päevaleht, Ärileht

Thursday, 2nd of June, 2005

Turnover of U-Kolle was EEK 41.9 million in 2004
Turnover of U-Kolle, Estonia’s leading manufacturer of metal doors and metal constructions reached EEK 41.9 million in 2004. Company’s export formed 42 percent of total turnover. The aim is to raise the share of export to 50 percent.

The year 2005 started successfully for manufacturers of construction materials
In the first month of the year, turnover of construction material manufacturers increased by third. One of the reasons for fast growth tempo was successful export.
Sales turnover of companies that belong to the Association of Construction Material Producers of Estonia reached EEK 1.2 billion in the 1Q, which is 33 percent more compared to respective period last year.

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