A ban on state-owned freight rail carrier Operail from hauling goods of Russian origin, or goods imported into Russia, may lead to around 100 job…
Posts tagged as losses
Eesti Raudtee losses at around €20 million in 2022, due to sanctions
Monday, September 5, 2022State rail operator Eesti Raudtee will be getting €12 million in support as part mitigation of its 2022 losses of around €20 million, the company’s…
Electricity providers not concerned about contract termination fee losses
Sunday, August 28, 2022With the introduction of universal service, users will be able to switch from their current electricity contracts, without incurring penalties.Electricity providers do not believe that…
Bolt posts €547.2 million losses for 2021
Friday, July 8, 2022Estonian unicorn Bolt reported losses of €547.2 million for 2021, though its turnover rose by 126 percent on year, to €500 million last year. Parent…
Ventspils port could have suffered €1.3 million in losses
Monday, May 23, 2022The port’s current management says it could have suffered €1.3 million in losses. The broadcast has reported many times that for decades money from private companies,…
Estonian Railways looking for partners in Central Asia to offset losses
Saturday, April 23, 2022State company Estonian Railways is looking for new partners in Central Asia to help offset losses caused by Russia’s war in Ukraine and sanctions. Feight…
Olympic Casino reports 2020 losses of over €78 million
Tuesday, October 26, 2021Casino operator Olympic Entertainment Group AS has reported a 2020 loss of €78.3 million Restrictions arising from the pandemic were the major factor behind the…
Tallinn Airport 2020 losses stood at €2 million
Monday, March 1, 2021State-owned Tallinn Airport has posted net losses of €2 million for 2020, the result of the pandemic and its accompanying restrictions. The company’s total operating…
Regional transport sees significant losses in 2020
Monday, November 30, 2020The government has allocated €18.17 million to regional passenger carriers to cover losses. However, the industry estimates that this might not be enough, Latvian Radio…
Latvia Suffers Huge Losses In Information War Against Russia
By Zintis Znotiņš on Monday, December 23, 2019For quite some time now the familiar notions of armed conflict and war (conventional warfare) have been joined by two new terms — information warfare…