UAB Merko Būstas, part of AS Merko Ehitus group, has launched the Vilneles Skverai residential development project located on the outskirts of the Old Town of Vilnius at Manufakturu str. 7. The first stage includes six buildings with 250 apartments,…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the second stage of Lahekalda residential development project in Tallinn. The new stage includes two buildings with 96 apartments, which are to be completed in December…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the fourth stage of Pikaliiva residential development project in Tallinn. The new stage includes two buildings with 50 apartments, which are to be completed in October…
• The average gross wage increased by only 1.0%, over the year, in the second quarter. • Swedbank expects wages to grow by 2.2% this year. Less work means lower pay Gross wage growth decelerated from 4.8% in the first…
In Estonia, GDP contracted 0.7% yoy (non-adjusted) and 3.7% qoq (seasonally and working day adjusted) in 1Q The steep fall in VAT and excise taxes contributed negatively, while the gross value added increased 2% yoy. There were more economic activities…
In 2019, Estonian GDP growth was 4.3% y/y in real terms and 7.7% y/y in nominal terms. Although, the growth slowed from previous year, it was still strong and exceeded our expectations – our forecast, published in January, was 3.7%.…
Valitsus kinnitas täna hoonestusloa menetluse ja keskkonnamõju hindamise algatamise kolme meretuulepargi rajamiseks Liivi lahte. Majandus- ja taristuminister Taavi Aasa sõnul on tulevikus meretuuleparkidel ülekaalukas roll Eesti liikumisel kliimaneutraalsuse suunal. „Kui me tahame sammhaaval vähendada sõltuvust põlevkivielektrist, siis peame juba täna…
Wage growth remained rapid and broad-based in the third quarter. The average full-time-equivalent gross wage amounted to EUR 1,397, up by 8.2%, over the year. Tax Authority’s gross median wage amounted to EUR 1,100, up by 10% in a year. …
Estonia’s GDP grew 4.1% y/y and 1.0% q/q (seasonally and calendar adjusted) in the third quarter this year. Non-adjusted annual growth was 4.2% in real terms and 7.3% in nominal terms. The growth was above our expectations. Economic growth is…
• Inflation has remained relatively modest despite a rapid growth in wages. • Inflation is forecast at 2.4% this year and at 2.3% in 2020. Inflation slowed from 2.4% in August to 2.2% in September. Goods were 1.4% and services…
In the second quarter of 2019, Estonian GDP growth slowed to 3.6% y/y in real terms and to 7.9% y/y in nominal terms. In the first half of this year, GDP growth was 4.2% in real terms. Although, the growth…
Nordecon AS kontserni kuuluv ettevõte NOBE (ärinimi Nordecon Betoon OÜ) ja Nordex Sverige AB sõlmisid lepingu Põhja-Rootsi Sundsvalli lähedusse rajatava Nysäter tuulepargi 73 tuulegeneraatori vundamendi ehituseks. Leping hõlmab endas nii betoonitöid kui ka pinnaseankrute paigaldust. Nysäter tuulepark saab olema Euroopa…
In June, inflation reached 2.4%, over the year. Goods were 1.8% and services 3.5% more expensive. Almost half of the increase in prices resulted from higher prices of food and housing. The prices of fresh vegetables have surged due to…
Maikuus ilma rakendusaktideta jõustunud uus muinsuskaitseseadus (MuKS) toob 12 suuremale omavalitsusele ja nende elanikele uusi probleeme. Õiguskantsleri selgitustest ilmneb, et muinsuskaitsealade määrused on hoopiski haldusaktid. Selline käsitlus võib hetkel näida mugavam riigile, kuid omanikele tähendab see senisest veel väiksemat õigusselgust…
• Inflation amounted to 3.4% in December and for 2018 as a whole.• In 2019, price growth is expected to slow to 2.8% as energy prices should stabilise and the planned hike of the excise tax on alcohol is cancelled.…
