State-owned companies to pay close to €134 million in dividends

On Thursday, the government approved the amount of dividends to be paid this year by state-owned companies — €133.6 million.

This year’s state budget projected €130.2 million in dividend revenue.According to the government, the actual figure will exceed this due to the strong financial performance of four companies: national lottery company Eesti Loto’s net profit was €0.5 million higher than expected and the preliminary net profit of air traffic control services provider Lennuliiklusteeninduse AS was €4.5 million above projections.

The decision applies to companies in which the state holds at least decision-making authority.

The largest dividend payment will come from state real estate manager Riigi Kinnisvara AS, at €51.9 million.

Read more: ERR.EE