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Estonian Lutherans lash out at Mormons

Estonian Lutherans lash out at Mormons

TALLINN — The Estonian Evangelical Lutheran Church is lambasting the Ministry of the Interior for allowing the Mormon Church access to records that may be being used to re-baptize deceased Estonians. Estonian Lutherans are not happy with the state’s cooperation agreement with the U.S.-based Church of Jesus Christ of Latter-day Saints that allows the copying […]

Estonia to build underwater hydro plant

Estonia to build underwater hydro plant

TALLINN — In an effort to bring down power prices and increase carbon-free energy production, Estonia may get a underwater pump hydroelectricity plant along its northern coast. The plant which will be about 200 m below water and produce 300 mw of electricity, although the Ministry of Economy is questioning the need for such large […]

Krimelte doubles turnover

Krimelte doubles turnover

TALLINN — The economic recovery in Estonia’s Western European trade partners is being felt by the insulating foam and joint sealant manufacturer Krimelt. The Estonian company increased its turnover by 50 percent within a year, the company reported Monday. Krimelte’s consolidated turnover during the first half of 2010 was €28.3 million with most of the […]

Alleged Toompark killer caught, confesses

Alleged Toompark killer caught, confesses

TALLINN — A man who is suspected for attacking two women, killing one, in downtown Tallinn last November was arrested Thursday and has confessed to the crime. A male Estonian citizen named Vjatšeslav, 28 of Tallinn, allegedly attacked two women with a baseball bat on Nov.23 last year around 8 a.m. at Toompark in Tallinn’s […]

Stimulus a waste?

Stimulus a waste?

TALLINN — A new audit seems to indicate that the 7.4 billion krooni (€475 million) of support to increase the productivity and export capacity of Estonian companies appears to have largely useless in improving the sector. The National Audit Office reported Wednesday that the low productivity and export capacity of companies, which form the basis […]

Glaskek declares bankruptcy with substantial debts

Glaskek declares bankruptcy with substantial debts

TALLINN — According to information made public by the bankruptcy court it appears Estonian window manufacturer Glaskek, which was declared bankruptcy in August 11, owes a whopping 310 million krooni (€19.8 million) to Swedbank. Glaskek’s total marginal debt exceeds 364 million krooni (€23.3 million), yet the company has assets for 336 million krooni (€21,5 million) […]

President Ilves briefly hospitalized

President Ilves briefly hospitalized

TALLINN — The Estonian president was briefly hospitalized a week ago, the president’s office announced on Friday. President Toomas Hendrik Ilves spent part of the evening of Aug. 20 in the Northern Estonian Regional Hospital in Tallinn after complaining that he did not feel well, Toomas Sildam, press spokesman of the President’s Office told the […]

2010 growth forecast upped to 2%

2010 growth forecast upped to 2%

TALLINN — In light of improving economic numbers in its major trade partners, the Estonian Ministry of Finance increased its gross domestic product projections for 2010 from 1 to 2 percent. The increase will rely largely on exports, which have been boosted already this year by increasing foreign demand. Meanwhile the cost-cutting measures and improved […]

Rural “internetification” coming to Estonia

Rural “internetification” coming to Estonia

TALLINN — Sixty years after widespread electrification came to the Estonian countryside, the government has initiated constructing a high-speed Internet network that will bring a connection to every household by 2015. With its old wooden windmills, thatched roofs and decaying Soviet-era collective farm buildings, bucolic Estonia does give an immediate impression of being high-tech, but […]

Advertising still slumps

Advertising still slumps

TALLINN — Estonian Internet advertising is the only bright spot in the Baltic state’s still declining ad market according to the latest poll from TNS Emor. Despite the 3.5 percent increase in gross domestic product, TNS Emor survey results reported Monday show that the advertising market in Estonia declined by 8 percent in the second […]

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