Elisa Eesti that belong to the Finnish telecom Elisa said its sales in the second quarter of 2010 were up 1.6% over the same period last year to 360 million kroons.
Estonian state-owned power utlity Eesti Energia sold 778 GWh of electricity in June, 8.6% more than in June 2009. Sales to retail clients in Estonia, Latvia and Lithuania amount to 437 GWh and were 2.5% less than last year.
Estonia\'s state owned electricity producer Eesti Energia has plans to build an offshore wind farm that could cost around 23 billion kroons (1.5 billion euros), writes aripaev.ee
Nordea Pank Estonia earned a net profit of 156.4 million kroons in the first six months in 2010, 46% more than the year before. The bank\'s total revenues grew by 27% against the same period last year, amounting to 520 million kroons, the bank said.
Estonia ranks 22nd amont 141 countries in the global incoming foreign investments index by 2009 data, writes Postimees Online. Lithuania ranks 117th and Latvia 134th.
Lithuanian discounter Maxima reported that its first-half sales in Estonia fell 3% year on year. This is notably less than the corresponding decline in Maxima\'s stores in Lithuania (13.7%), Latvia (8.5%) and Bulgaria (14.8%), writes aripaev.ee
The Lithuanian economy returned to growth last quarter on rising exports and expanding industrial output. GDP grew 1.1 percent from a year ago after a 2.8 percent contraction in the first quarter, according to Statistics Lithuania, reported Bloomberg