Comment on the Rejection of Nord Stream Survey Application

The Estonian government decided on September 20, 2007 not to permit Nord Stream AG to conduct seabed surveys in Estonian waters for a Russia-Germany gas pipeline. The decision was unanimous and was based on the facts that the survey would include drilling on the continental shelf, the survey area extends into the territorial waters of [...]

The best company in Estonia is Tallink Grupp

Tonight, on the evening of 25 September, the entrepreneurship prize winners for this year were festively announced at the Estonia Concert Hall. It was the first time that one and the same company – Tallink Group – was declared the best in the Enterprise Award 2007 competition, organised by Enterprise Estonia, as well as in [...]

Government approves 2008 budget

At its meeting today the government approved the draft versions of the state budget for 2008 and the additional budget for 2007. The volume of revenue in the budget for the coming year is approximately 96.3 billion kroons, with expenditure running to 93.6 billion kroons.The state budget surplus is planned to be 2.7 billion kroons, [...]

Minister for the Environment approves radiation practice licence for AS Steri

Today, 18 September 2007, the Minister for the Environment, Jaanus Tamkivi, put his signature to the radiation practice licence to be issued to AS Steri, giving the sterilisation factory the right to work with sources of radiation. The minister has also taken the decision to appeal the court ruling against the Ministry of the Environment [...]

Small Estonia a big leader in global IT

Estonia may be the original home of the revolutionary internet communication company Skype, but it’s hard to find a completely Estonian business among the numerous information technology (IT) companies in the Baltic state.
With Skype being its hottest calling card, tiny Estonia has transformed itself into a something of a Silicon Valley of Eastern Europe.
However, the [...]