Observer Eesti Oü

Estonia Business News: Archive 2003-

WEEK 46.2007

Wednesday, 14th of November, 2007

Face of the day - Enn Pant shows faith to his company
Yesterday came news that head of Tallink has bought 210,000 Tallink's stocks for EEK 3.4 million in the end of October and in the beginning of November. Another news said that shipping company is hoping increase in turnover and profit from next year. Tallink hopes to earn EEK 1.33 billion profit next financial year.

Tallink expects big economic growth
Tallink published predictions for started financial year. Company's turnover is expected to grow 7% to EEK 12.75 billion. Tallink's net profit is expected to grow 32% to EEK 1.33 billion.

Successful BLRT Group
Estonian concern BLRT Group had successful economic results on past nine months: company's turnover grew to EEK 3.2 billion and profit to EEK 455 million. Biggest turnover in 3Q came from metal sale, followed by ship renovation.
Eesti Päevaleht

Thursday, 15th of November, 2007

Selver's keyword is enlargement
Selver became market leader in South-Estonia after it bought Tirsi chain. A-Selver AS purchase and marketing manager Iivi Saar says that behind Selver's success are right strategic choices. Saar thinks that decision to start in Latvia was also right and hopefully results of that decision can be seen next year.

Friday, 16th of November, 2007

Raul Puusepp
Tallinna Kaubamaja has done well under management of Raul Puusepp. Nine months' turnover of concern grew 41% compared to respective period last year, net profit increased 60%. Kaubamaja continues extension and hopes to see first results of that in Latvia next year.

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