|Estonia Business News: Archive 2003-
Monday, 5th of February, 2007
Rating agency commended Estonia
According to the report of rating agency Standard & Poors published on February 1, Estonias state rating remains on level A and ratings perspective is stable. Report says that Estonias high state rating is supported by consistent economical policy, competitive economy and a perspective of the euro changeover in coming years.
Producers of building materials continued growth last year
Last years numbers in building materials production sector show about 30% growth. Glaskeks finance manager Meelis Põlda said that last years results were expected. According to Põlda, Glaskek is planning to start new wooden window factory this year and grow turnover in the Baltic States even more.
Wednesday, 7th of February, 2007
Turnover of building and garden products seller Ehitus Service was EEK 804 million last year. In a year, turnover grew 48%.
E-Autoline grew turnover 27%
E-Autolines turnover in 2006 was EEK 95.5 million and turnover grew 27% compared to 2005. Company sells new and used cars. Most sold car brand was BMW (91 cars), followed by Audi (88), Volkswagen (69), Mercedes-Benz (56) and Peugeot (55).
Eesti Päevaleht, Ärileht
Rautakeskos turnover grew nearly 25%
Rautakesko AS, which manages K-rautakesko store chain in Estonia, increased turnover in 2006 by 23.5% to EEK 1.16 billion; company sells building materials and garden products. Company earned EEK 54.5 million net profit.
Thursday, 8th of February, 2007
Tauf-Auto added half to turnover
Tauf-Auto AS turnover in 2006 was EEK 156.3 million; a year before turnover was EEK 105.5 million. Companys profit from economic activities in 2006 was EEK 7.7 million. Tauf-Auto sells and maintains vehicles.
Aru Groups turnover grew by EEK 38 million
Aru Group AS turnover in 2006 was EEK 168 million; a year before turnover was EEK 130 million. Companys profit from economic activities was EEK 15 million. Aru Group AS is a company based on Estonian capital thats business field is woodwork.
Jetoils turnover grew by EEK 400 million
AS Jetoils turnover in 2006 was EEK 1.156 billion; consolidated turnover in 2005 was EEK 748 million. AS Jetoil is a wholesaler of liquid fuel.
Friday, 9th of February, 2007
Elisas profit grew more than 25%
Mobile connection company Elisa informed that companys turnover in 2006 exceeded limit of EEK 1.6 billion, growing 17% in a year. Elisas profit grew 26% to EEK 376 million. In a year, Elisa invested EEK 200 million. Number of Elisas customers grew to 294,500 by the end of 2006. Elisa is Estonian second biggest mobile connection operator, which offers speech and Internet solutions.
Back to Baltic Business Monitor