Category Archives: Estonia

Press Releases & News from Estonia distributed via EuropaWire

Ingka Group’s Investment Arm Acquires 23,883 Hectares of Forestland Across the Baltics for Responsible Forest Management

(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has acquired 23,883 hectares of land, including 19,276 hectares of forestland, across Finland, Estonia, and Latvia. This acquisition aligns with their commitment to responsible forest management. The properties contain a … Read the full press release

EIB Group Expands Baltic Presence with New Offices in Riga and Tallinn

(IN BRIEF) The European Investment Bank (EIB) Group has announced plans to establish local offices in Riga, Latvia, and Tallinn, Estonia, aiming to bolster its support for regional projects and investments. This move signifies a deeper commitment to the Latvian … Read the full press release

EBRD Invests €10 Million in Baltic Venture Capital Fund to Boost Early-Stage Innovation

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is backing the growth of venture capital markets in the Baltic states by providing a €10 million investment in Practica Venture Capital III, managed by Lithuania-based venture capital manager Practica … Read the full press release

EIB and Luminor Bank Sign €115 Million Agreement to Boost SME Financing in the Baltic States

(IN BRIEF) The European Investment Bank (EIB) and Luminor Bank AS have inked a €115 million agreement to enhance lending to small and medium-sized enterprises (SMEs) and mid-cap companies in Estonia, Latvia, and Lithuania. The collaboration between the EIB and … Read the full press release

EU-Funded CommuniCity Launches its Second Open Call

(IN BRIEF) The CommuniCity project, funded by the European Union, has launched its Second Open Call to address various challenges faced by marginalized communities in European cities. Building on the success of its First Open Call, the project has expanded … Read the full press release

Nordic Investment Bank Funds Healthcare Transformation in Estonia

(IN BRIEF) Nordic Investment Bank (NIB) has played a significant role in revitalizing Estonia’s healthcare over the past 15 years, funding six hospital-related projects with a total investment of EUR 138 million. One of the recent projects includes a EUR … Read the full press release

Rheinmetall’s Mission Master SP Impresses in Estonian Autonomy Trials, Sets Bar for UGV Technology

(IN BRIEF) Rheinmetall, a leading autonomous technology company, demonstrated its expertise in unmanned ground vehicle (UGV) technology during the Unmanned Ground Vehicle Autonomy Trials in Estonia. The trials, organized by the Estonian Military Academy and Defence Forces, attracted experts from … Read the full press release

Ericsson Invests EUR 155 Million in Innovative Smart Hub in Estonia

(IN BRIEF) Ericsson plans to establish a next-generation smart manufacturing and technology hub in Tallinn, Estonia, with an investment of approximately EUR 155 million. The hub will consolidate Ericsson’s operations in Estonia into a single facility and serve as a … Read the full press release

EBRD Joins Forces with Baltic Nations for MSCI Initiative, Strengthening Investor Appeal

(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release

Finnish operator Elisa to deploy Ericsson cloud-native dual-mode 5G Core in support of its upgrade to 5G Standalone (5G SA) in Estonia

(PRESS RELEASE) STOCKHOLM, 22-Nov-2022 — /EuropaWire/ — Ericsson (NASDAQ: ERIC), a Swedish multinational networking and telecommunications company, has announced that the Finnish telecommunications company Elisa (HEL: ELISA) will deploy Ericsson cloud-native dual-mode 5G Core in support of its upgrade to … Read the full press release

Der finnische Betreiber Elisa wird den Cloud-nativen Dual-Mode-5G-Core von Ericsson zur Unterstützung seines Upgrades auf 5G Standalone (5G SA) in Estland einsetzen

(PRESSEMITTEILUNG) STOCKHOLM, 22-Nov-2022 — /EuropaWire/ — Ericsson (NASDAQ: ERIC), ein schwedisches multinationales Netzwerk- und Telekommunikationsunternehmen, hat gab bekannt, dass das finnische Telekommunikationsunternehmen Elisa (HEL: ELISA) Ericssons Cloud-nativen Dualmodus 5G Core zur Unterstützung des Upgrades auf 5G Standalone (5G SA) in … Read the full press release

New gaming brand Lorgar seizes European market

(PRESS RELEASE) AMSTERDAM, 3-Oct-2022 — /EuropaWire/ — Lorgar, the new brand of high-performance accessories for gamers, introduces a portfolio of products for gaming with top-tier functionality at competitive prices. The expansive brand catalog includes a number of product categories: mice, … Read the full press release

Eco Rating, the new labelling scheme that rates the environmental impact of new smartphones, sees more manufacturers joining its scheme and expands globally

Consumer mobile phone labelling scheme launched in 24 European countries by Deutsche Telekom, Orange, Telefónica, Telia Company and Vodafone now set to expand globally Fairphone, Realme and vivo join Eco Rating, now 15 manufacturers in total More than 150 mobile … Read the full press release

EBRD appoints Elisabetta Falcetti as the new Head for Poland

(PRESS RELEASE) LONDON, 15-Jun-2021 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces the appointment of Elisabetta Falcetti as the new Head in in central Europe and the Baltic states (CEB). EBRD President Odile Renaud-Basso has formally introduced … Read the full press release

Neowintech – Il Marketplace per la tua prossima soluzione finanziaria

(PRESS RELEASE) ROME, 26-Feb-2021 — /EuropaWire/ — Questo è un periodo di abbondanza di informazioni. Per ogni argomento o area di interesse a cui si può pensare, vengono prodotte sempre più informazioni ogni giorno – 2,5 quintilioni di byte, per … Read the full press release

Neowintech – O Marketplace Da Sua Próxima Solução Financeira

(PRESS RELEASE) LISBON, 26-Feb-2021 — /EuropaWire/ — Vivemos em tempos de abundância de informação. Para cada assunto ou área de interesse imagináveis, há cada vez mais informação a ser produzida diariamente – na ordem dos 2,5 quintilhões de bytes, para … Read the full press release

Citycon reports increase in tenant sales by 11% for the month of July

(PRESS RELEASE) ESPOO, 27-Aug-2020 — /EuropaWire/ — Citycon announces an 11% increase in its tenant sales on a total basis for the month of July compared to the same month in 2019. Sales increased by 8% for the same period … Read the full press release

Vattenfall among the top most sustainable brands in Northern Europe according to the Sustainable Brand Index survey

(PRESS RELEASE) STOCKHOLM, 15-May-2020 — /EuropaWire/ — Multinational power company Vattenfall is considered by customers to be one of the most sustainable brands all over Northern Europe according to newly published study. Performed annually in eight counties, the Sustainable Brand … Read the full press release

Elering becomes a member of the European Network For Cyber Security to enhance Estonia’s energy grid cybersecurity

Elering becomes a member of the European Network For Cyber Security to enhance Estonia's energy grid cybersecurity

(PRESS RELEASE) THE HAGUE, 16-Jan-2020 — /EuropaWire/ — European Network for Cyber Security (ENCS) welcomes its newest member – Elering, Estonia’s national Transmission System Operator (TSO) for electricity and natural gas. By joining ENCS, Elering will help strengthen the energy … Read the full press release

Levira and Pixellot Introduce AI-automated Sports Production to All Estonian and Latvian Basketball Leagues

Starting this season, all games from the men and women Estonian and Latvian leagues will be broadcast on television and streamed over the web (PRESS RELEASE) TALLINN, Estonia, RIGA, Latvia & TEL AVIV, Israel, 25-Sep-2019 — /EuropaWire/ — AS Levira, Estonia’s … Read the full press release

NIB funds Maxima Grupe’s investment in energy efficiency solutions at its stores in Lithuania, Latvia and Estonia

(PRESS RELEASE) HELSINKI, 7-Aug-2019 — /EuropaWire/ — NIB and Maxima LT, UAB sign ten-year EUR 52 million loan agreement to finance Maxima’s investments in its retail network renewal in Lithuania, Latvia and Estonia. The Lithuanian retail company will upgrade 31 … Read the full press release

HSH Nordbank will provide international investment managers First State Investments (FSI) with € 75 million loan

(PRESS RELEASE) HAMBURG/ KIEL, 20-Dec-2018 — /EuropaWire/ — HSH Nordbank will provide international investment managers First State Investments (FSI) as the mandated lead arranger (MLA) with € 75 million as part of an acquisition loan totalling € 364 million. FSI will … Read the full press release

Sweden presents anniversary funds to celebrate the 100th anniversaries of Estonia, Latvia and Lithuania to promote broad exchange between the countries

STOCKHOLM, 29-May-2018 — /EuropaWire/ — Minister for Foreign Affairs Margot Wallström today presented Sweden’s gift in the form of three anniversary funds the Government intends to set up for Estonia, Latvia and Lithuania on the occasion of their 100th anniversaries … Read the full press release

Seven life scientists in Czech Republic, Estonia, Poland, Portugal and Turkey announced recipients of EMBO Installation Grants

HEIDELBERG, 19-Dec-2017 — /EuropaWire/ — EMBO announces today seven life scientists as recipients of EMBO Installation Grants. These grants will support the early-career researchers in establishing their independent laboratories in the Czech Republic, Estonia, Poland, Portugal and Turkey. EMBO Installation … Read the full press release

Body Worn Video pioneers Audax Global Solutions to showcase at SRIEE 2017

The only UK Security company ever funded by the EU H2020 SME Instrument Phase 2 research and innovation programme Plymouth, UK, 30-Oct-2017 — /EuropaWire/ — Body Worn Video pioneers Audax Global Solutions are showcasing at SRIEE 2017, an event organised … Read the full press release

Saab to deliver BT46 training systems to the Estonian Army

STOCKHOLM, 18-Aug-2017 — /EuropaWire/ — Defence and security company Saab has signed a contract with the Estonian Armed Forces to deliver BT46 training systems to the Estonian Army. The deliveries will be made in 2018. The Estonian Armed Forces ordered the … Read the full press release

NIB provides EUR 24M to Estonia’s AS Tallinna Lennujaam for Tallinn Airport expansion

NIB and Estonia’s AS Tallinna Lennujaam have agreed on a loan of EUR 24 million for the expansion of the airside traffic area and the development of other investments at Tallinn Airport. HELSINKI, 19-Dec-2016 — /EuropaWire/ — The 13-year maturity loan will … Read the full press release

Eesti Pank Economist Mari Tamm: Loan and lease portfolio of Estonian companies and households in July 2016 5.3% larger than a year earlier

The loan and lease portfolio continued to increase relatively quickly in July, growing by 5% over the year The average interest rate on loans has risen slightly in recent months The volume of deposits was 7.3% larger in July than … Read the full press release

Eesti Pank: Consumer prices in Estonia mainly reflect the consequences of the fall in the oil price

The fall in the price level was again mainly due to cheaper energy Services prices are rising, reflecting wage and inflation pressures in Estonia The price of industrial goods has not reacted to rises in incomes and demand The consumer … Read the full press release

Saku Brewery’s contribution to environmentally friendly production recognized with silver award at the Responsible Entrepreneurship Index competition

Saku Brewery has been participating in the Responsible Entrepreneurship Index competition for the 4th time, and this year for the first time it received a silver award to prove its quality level. Thus the company’s contribution to environmentally friendly production, … Read the full press release

Eesti Pank to mark the 100th anniversary of the birth of the great chess player Paul Keres with specially designed two-euro commemorative coin

The two-euro circulation coin dedicated to the 100th anniversary of the birth of Paul Keres will be issued on 7 January Coins will be available from the Eesti Pank museum and online shop from 12.00 noon on 8 January The … Read the full press release

Eesti Pank Economist Orsolya Soosaar: Despite the decline in the working age population the labour force increased in the first half of the year

Rapid wage rises have encouraged people to participate in the labour market more actively: despite the decline in the working age population the labour force increased in the first half of the year. Annual growth in employment was fast in … Read the full press release

Eesti Pank: IMF projected the near-term potential output growth of the Estonian economy at 3% per year

At the end of its recently finished annual visit to Estonia to assess Estonian economic policy, the IMF projected the near-term potential output growth of the Estonian economy   at 3% per year, which is slightly below the estimate of Eesti … Read the full press release

Eesti Pank: Statistics Estonia data shows the average gross monthly wage increased by 5.3% over the year in the fourth quarter of 2014

Tallinn, Estonia, 27-02-2015 — /EuropaWire/ — Data from Statistics Estonia show that the average gross monthly wage increased by 5.3% over the year in the fourth quarter of 2014, and the gross hourly wage by 6%. This growth was faster than … Read the full press release

Eesti Pank selects Colliers International Advisors OÜ to help with the sale of Maardu manor estate

Tallinn, Estonia, 5-2-2015 — /EuropaWire/ — The Eesti Pank executive board has decided to put the Maardu manor estate up for sale at a starting price of two million euros. The real estate company Colliers International Advisors OÜ has been chosen … Read the full press release

The European Union increases its humanitarian assistance in Ukraine where the latest surge of violence deepened

BRUSSELS, 27-1-2015 — /EuropaWire/ — The European Union is increasing its humanitarian assistance in Ukraine where the latest surge of violence has deepened an already desperate situation. Thousands of people are suffering from the combined impact of the conflict, displacement, … Read the full press release

Eesti Pank museum: The exhibition ‘Lithuanian Money from the Litas to the Euro’ opens on 13 January

Tallinn, Estonia, 13-1-2015 — /EuropaWire/ — The exhibition ‘Lithuanian Money from the Litas to the Euro’ opens on 13 January in the Eesti Pank museum. It tells the story of the history of money in Lithuania and is being presented to … Read the full press release

Estonia officially became EUROCONTROL’s 41st Member State on 1 January 2015

Brussels, Belgium, 09-1-2015 — /EuropaWire/ — Estonia officially became EUROCONTROL’s 41st Member State on 1 January 2015. With the accession of Estonia, EUROCONTROL covers all 28 European Union states. This event reinforces EUROCONTROL’s status as being truly pan-European. Even before becoming … Read the full press release

Saku Brewery launches new beer in the series of Humulus and Barley

At the end of October a new beer from Saku Brewery, in the series of Humulus and Barley, arrives to the stores – American ale-type red beer. Saku, Estonia, 23-10-2014 — /EuropaWire/ — The Humulus and Barley Ale is brewed … Read the full press release

Eesti Pank: Statistics Estonia’s data show the number of employed fell by 1.2% YoY in the second quarter of 2014

Tallinn, Estonia, 15-8-2014 — /EuropaWire/ — Data from Statistics Estonia show that the number of employed fell by 1.2% year on year in the second quarter of 2014. A low rate of participation in the labour force meant that the unemployment rate … Read the full press release