HR Express
Reval Hotels
International Management Education
Saimaa Lines
Observer Eesti Oü

Estonia Business News: Archive 2003-

WEEK 7.2007

Monday, 12th of February, 2007

Rimi’s turnover record EUR 1.3 billion in January
Rimi Baltic Group’s turnover in January 2007 was EUR 83.7 billion, which means 18.9% growth compared to turnover in January 2006. Rimi Eesti’s turnover grew 7.3% in January, to EUR 27.3 million.

SEB Eesti Ühispank’s profit made jump
Net profit of SEB Eesti Ühispank grew 100% in last year’s final quarter compared to respective period in 2005, reaching EEK 407 million. A year earlier profit was EEK 204 million.

Tuesday, 13th of February, 2007

Estonians and Latvians hit by shopping madness
Estonia’s retail sale volume grew 19.1% in December 2006 compared to the same month a year before, being one of the highest in the EU. In Latvia, retail sale grew 27.2%. The EU’s average growth in December was 3.3%.

Liviko’s sale grew 14% in January
Liviko sold nearly 740,000 litres of strong alcohol in January 2007, which is 14% more than last year. Liviko sold 554,372 litres of strong alcohol on Estonian market and exported 184, 120 litres. Last year Liviko sold nearly 11 million litres of strong alcohol.

Wednesday, 14th of February, 2007

According to statistics department, Estonian economy grew 11.2% in 4Q 2006 compared to respective period in 2005. Growth of economy was influenced the most by growth in manufacturing industry, wholesale and retail trade.

Thursday, 15th of February, 2007

Riigi Kinnisvara AS’ turnover increased 24%
Riigi Kinnisvara AS’ turnover in 2006 was EEK 187.8 million, which is 24% more than a year earlier. Business profit was EEK 38.1 million; company’s net profit grew by EEK 0.74, from EEK 42.2 million to EEK 43 million.

Friday, 16th of February, 2007

EEK 2.4 billion
Assets of Estonian commercial banks grew by EEK 2.4 billion in January, reaching EEK 241.92 billion in the end of the month. In a year, banks’ assets have grown by EEK 51.84 billion.

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