Finnish manufacturer of cable harnesses PKC Oy announced yesterday that it will close its Estonian assembly plant PKC Eesti next year.COMMENTS (1)
Aripaev writes that in spite of Estonia having about 100,000 corporate tax payers, 75 companies pay more than a third of taxes.
Aripaev writes that head of the Estonian Tax Board Marek Helm made headlines yesterday when he said that the tax authority is considering the possibility of abolishing tax declarations.COMMENTS (1)
Aripaev published a list of 250 entrepreneurs ranking them by dividends they received in 2014, ie for the financial year 2013.
Ex-PM and current chairman of the supervisory board of Eesti Pank, Mart Laar, writes that the problem with today’s ruling politicians is that they are too soft to think or do anything.
Russian IT company Acronis that in December 2014 announced plans to establish its new development center in Estonia, has now selected Singapore.COMMENTS (3)
Business daily Äripäev is inviting you to participate in the leading conference on Estonian real estate market, which will give you an insight into the trends, new developments, state-run projects and practical references on timely matters concerning the property market.
Vilja Kiisler, opinion editor of Aripaev, writes that the problem with Estonians is that they value hard work more than the outcome . COMMENTS (4)
Estonian shale oil producer Viru Keemia Grupp (VKG) plans to lay off almost 500 employees.
Valdo Kalm, former CEO of Eesti Telekom, has been appointed the new chairman of Estonia's state-owned Port of Tallinn.
Former minister and current board member of Reform Party, Rein Lang, has been hired by the software developer Nortal.
Aripaev writes that Estonian parties on power are facing a major moral dilemma after it has been reported that they have recently received donations from major property developer Hillar Teder who has been declared a suspect in the bribery case involving prominent politician Edgar Savisaar.COMMENTS (2)
Aripaev writes that for the first time in several years, the number of wage-earners decreased last year, and according to Eesti Pank and large corporations, the fall is likely to continue also in 2016 and 2017.
The number of Russian tourists stayovers in November fell 38 percent in November year on year, according to Statistics Estonia.
Yesterday, Estonian media channels published conflicting reports whether Oleg Ossinovski, one of Estonia’s richest businessmen, has been officially declared a suspect in the case of Ugis Magonis, the former head of Latvijas Dzelzcels (Latvian Railway) or not.COMMENTS (1)
Aripaev writes that according to Estonian businessman and former Hansabank CEO Indrek Neivelt, large banks operating in Estonia are very lazy and have too much fat.COMMENTS (2)
Former Port of Tallinn board members Ain Kaljurand and Allan Kiil were released from custody today.
Latvian airline airBaltic says its bookings in Estonia and Lithuania were up 33 percent in the final quarter of Q4 year on year.
Estonian President Toomas Hendrik Ilves and Latvian cyber defense expert Ieva Kupce were married on January 2, reported Äripäev.
Eesti Päevaleht has interviewed Prime Minister Taavi Roivas in which he said that the Estonian economy does not need radical reforms.COMMENTS (1)
Latvian Prime Minister Laimdota Straujuma announced her resignation today, December 7 after a meeting with President Raimonds Vejonis.
Taavi Kotka, the deputy general secretary of the Ministry of Economic Affairs and the mastermind behind the e-residency program said that Estonia will never become a tax haven like Luxembourg.
Foreign chambers of commerce and the Foreign Investor's Council in Estonia (FICE) have sent a strongly-worded letter to the Estonian government in which they said the government must increase efforts to encourage diversity and tolerance in Estonia as otherwise its ability to attract and retain talent that fuels economic growth would weaken.COMMENTS (9)
Äripäev writes that most business executives in Estonia share the view that all people who wish to work are welcome in Estonia, regardless of the colour of their skin or origin.COMMENTS (6)
Äripäev editor Harry Tuul writes that it’s worrying that Estonian entrepreneurs have stopped reinvesting in spite of zero tax rate.COMMENTS (4)