Buslink
Probalt
DMeurope.com
Reval Hotels
PMR
Observer Eesti Oü

WEEK 41. 2005

Monday, 10th of October, 2005

Best financial reports of 2004
For the sixth year in a row the competition “Flagship of Financial Reporting” was organised for Estonian companies and organisations.
Tallinn Stock Exchange was titled as the Flagship among non-stock exchange companies. Other Flagships were Hansapank and Eesti Energia (stock exchange companies and financial establishments) and the Sick Fund (public sector).
Äripäev

Tuesday, 11th of October, 2005

Alvekor earned a profit of nearly EEK 235 million
OÜ Alvekor, the company owned by Ühispank’s former top manager Margus Kangro, earned a net profit of EEK 234.7 million in 2004. Most part of the profit came from the financial revenues from shares of associated companies. Alvekor owns 23.59 percent of Viru Chemistry Group, 50 percent of Metoplast and Luteron and 25.5 percent of AS Ephag.
Äripäev

Wednesday, 12th of October, 2005

Sales of Selver Supermarkets up 48% in 3Q
Estonian supermarket group Selver said its 3Q sales increased 48% to EEK 556 million. Gross sales for nine months were EEK 1.4 billion, up by 41% over the last year. The main sources for growth were the increase in number of new customers and a successful expansion of the chain in current year, said the company.
Äripäev

Tallink hits hard
Tallink will publish its results of previous financial year within few days. We may also expect the announcement of going to the stock exchange. Competitors Viking and Silja are shaking. Silja Line tries to be aggressive and struggles as hard as possible. Viking Line has chosen smoother path, so it does not have to justify loss. Who is the ruler of the Baltic Sea after five years? Tallink has produced a big amount of news this year – about opening new hotel, going to Riga, ordering new ship, then another one and one more. At the same time, Tallink does not want to comment its actions. In spite of big debts, company’s profits have also increased. Tallink explains that big investments are those that help to increase profit; therefore it is necessary to buy new ships.
Eesti Päevaleht, Ärileht

Thursday, 13th of October, 2005

Tallink hits hard
Tallink will publish its results of previous financial year within few days. We may also expect the announcement of going to the stock exchange. Competitors Viking and Silja are shaking. Silja Line tries to be aggressive and struggles as hard as possible. Viking Line has chosen smoother path, so it does not have to justify loss. Who is the ruler of the Baltic Sea after five years? Tallink has produced a big amount of news this year – about opening new hotel, going to Riga, ordering new ship, then another one and one more. At the same time, Tallink does not want to comment its actions. In spite of big debts, company’s profits have also increased. Tallink explains that big investments are those that help to increase profit; therefore it is necessary to buy new ships.
Eesti Päevaleht, Ärileht

Number of overnight stays up14% in six months
In first six months of the year, 626,000 foreign tourists stayed overnight in Estonian accommodation places, which is 14% more than during the respective period last year. The amount of tourists visiting Estonia is constantly growing due to the EU accession.
Äripaev, Majutusettevotete TOP

Friday, 14th of October, 2005

Number of Edelaraudtee’s passengers increased by one fifth in a year
Edelaraudtee serviced 161,400 passengers in September, which is 17% more than in September last year, but by 15,200 passengers less than in August 2005. Tallinn-Tartu express route is continually popular.
Postimees

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