Decrease of sales of specialised stores 41 pct

According to Statistics Estonia, in October 2009 compared to October of the previous year the retail sales of goods of retail trade enterprises decreased 17% at constant prices. Since July the decrease in retail sales has been relatively stable compared to the same month of the previous year.

In October, the retail sales of goods of [...]

Baltics post EU’s biggest drop in new car sales

While new car sales in Latvia fell 81.6% in a year in October, Estonia and Lithuania were close by, writes Kauppalehti.
According to the paper, new car sales in Estonia were down 73.2% and in Lithuania 71.3%.
The fall in Hungary was 72.4%, in Bulgaria 60.5% and in Romania 69%.
Latvia, for instance, registered only 218 new cars [...]

Decrease in sales of manufactured goods affected most the retail sales

According to Statistics Estonia, the retail sales of goods of retail trade enterprises decreased in September 2009 compared to August this year as well as compared to September of the previous year. The decrease in retail sales was most influenced by stores selling manufactured goods, where the decrease in sales slightly accelerated compared to the [...]

812 new cars registered in September

In September offices of the Estonian Roads Administration traffic registry made first entries of 1 959 cars into their lists in September, of these 812 new cars.
In August first entries were made of 600 new cars, the lowest monthly result this year. Of the 3 418 cars registered in September, 1 680 were new.
In September [...]

Price of goods cheaper, services more expensive

According to Statistics Estonia, the consumer price index decreased 1.6% in September 2009 compared to September of the previous year and 0.2% compared to August 2009.

Compared to the same month of the previous year, the consumer price index decreased for the first time by more than 1%. In September goods were 3.7% cheaper and services [...]

Retail sales continues to decline

According to Statistics Estonia, the retail sales of goods of retail trade enterprises decreased in August 2009 compared to July this year as well as compared to August of the previous year.

The decrease in retail sales, which had begun in spring 2008 compared to the corresponding month of the previous year, fell to the lowest [...]

Trade of high-tech goods is showing a decline

According to Statistics Estonia, in 2008 exports of high-tech (HT) goods from Estonia totalled 4.6 billion kroons at current prices and imports of high-tech goods to Estonia amounted to 9.8 billion kroons. The share of HT goods in Estonia’s trade has significantly decreased during the last years.

In 2008 the share of exports of HT goods [...]

Comarket changes name to ABC Supermarkets

The AS Comarket operator of a chain of small supermarkets in Estonia has changed its business name to ABC Supermarkets AS in connection with switching to multiple brands.
Ando Nõupuu, board member of ABC Supermarkets, said in his remarks to BNS that in addition to Comarket the company would launch one more brand this year and [...]

In July the decrease in retail sales accelerated

According to Statistics Estonia, in July the retail sales of goods of retail trade enterprises were 4.9 billion kroons, which was 16% smaller at constant prices compared to July of the previous year. The decrease in the retail sales that had slowed down in the previous month accelerated again in July.

The decrease in retail sales, [...]

Rimi Eesti Food makes 3.8 MEUR profit

Rimi Eesti Food, owner of the Rimi and Säästumarket chains, made a net profit of 59.8 million kroons in 2008, nearly 13% more than the year before.
The sales proceeds of Rimi Eesti Food grew by nearly 8 percent last year to 6.12 billion kroons.
Rimi Eesti Food notes in its annual report that the market share [...]