Saaremaa-Helsinki fast ferry line cancelled

Estonian fast ferry operator Linda Line announced this week that it has cancelled plans to open a new weekly ferry line between Helsinki and Kuivastu on the islands of Muhu and Saaremaa.

The company said that the interest towards the line was too small to justify the cost.

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Swedbank puts 85 apartments on sale

Ektornet, the real estate management company of Swedbank, has put on sale 85 apartments in the so-called smart home at Juurdeveo street in Tallinn that it took over in a bankruptcy proceeding.  The company is believed to have invested over 500,000 euros for completing the residential project.

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