Observer Eesti Oü

Estonia Business News: Archive 2003-

WEEK 37.2007

Monday, 10th of September, 2007

Behind Kalev's profit lies real estate business
Profit of confectionery AS Kalev in the end of last financial year came mainly from real estate business - EEK 79.4 million.

Wednesday, 12th of September, 2007

Quick economic growth lessened black money
Percentage of underground economy in Estonian GDP has lessened in past seven years, informs statistics department. In 2000 percentage of underground economy from GDP was 9.5 but in 2006 it was only 4.6. Last year underground economy was the biggest in fields of hotels and restaurant, fishing and construction.

100 million girl Evelin Hiie
Evelin Hiie worked in ABC King for six years; in 2006 company had the best economic results in 13 years. Now Hiie starts managing company Rosenthal Vannitoad Eesti OÜ.

Merike Lääne sells positive emotions
In five years Rakvere businesswoman Merike Lääne has turned small lingerie shop into a pan-Estonian lingerie chain. Her store in Kristiine Centre sells products of Triumph and is doing extremely well. Last year company's turnover grew EEK 10 million and profit by nearly EEK 1.5 million.

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