Observer Eesti Oü

WEEK 18/2009

Monday, 27th of April, 2009

More responsibilty than required
Concious usage of responsible activity is better off in the industrial companies while in trade business it is still gaining momentum. Valdo Kalm, chairman of the board of EMT: " We together with Eesti Telekom have felt need to act even more responsibly for a long time now and mainly in the social sence. That is why we initiated a wider program of internet schooling named "Ole kaasas" (Be along). These are free schoolings, which will start in May. It is our purpose to support society as much as we can and that is why we also support "Minu Eesti". These are rather capacious programs and it would be good if we could activate as many people as possible. Giving people more opportunities through the internet access for us is one way to be responsible." Coca-Cola HBC Eesti promotes movement and healthy lifestyle.

Estonian Energy's owners income may grow
According to Minister of Economics Juhan Parts, it is possible that state increases dividends that will be paid from Estonian Energy. According to prognosis, Estonian Energy's net profit may reach EEK 1.2 billion next year.

Tuesday, 28th of April, 2009

Arco Transport's surprising profit
AS Arco Transport board president Ivo Krumm said that company's profit number in 1Q was surprisingly big. 1Q turnover of Arco Transport was EEK 42.9 million and profit EEK 1.3 million.

Wednesday, 29th of April, 2009

Aviation operating brought state millions of kroons owner's income
State will take out EEK 75 million dividends from Lennuliiklusteeninduse AS. In 1Q company earned EEK 50.3 million as business income; net profit was EEK 14.6 million.

Thursday, 30th of April, 2009

Nordea Eesti profit grew 22%
Nordea Pank Eesti ended 1Q with EEK 95.4 million net profit, which is 22% growth. Head of the bank Vahur Kraft says that 1Q results give reason for satisfaction.

EEK 95.4 million
Nordea Eesti Pank earned EEK 95.4 million net profit in 1Q. Compared to respective period last year, profit grew 22%.

Estonian Bank's profit grew 158%
Last year Estonian Bank earned EEK 1.25 billion profit, which is 158% more than in 2007.

Saturday, 2nd of May, 2009

Tallinn Water's profit grew
AS Tallinn Water's sale income grew 6.6% in first three months this year to EEK 192.8 million; company's net profit grew 9.9% to EEK 98.4 million.

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