Viru Keemia Grupp's net profit down from 20 to 10 million euros

Wednesday, 27 May 2015

Estonian shale oil producer Viru Keemia Grupp (Viru Chemistry Group) earned last year nearly 10 million euros in net profit, while in 2013, the profit was almost 20 million euros, Public Broadcasting reports.

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Electricity price in Lithuania this April - almost 20 percent lower than a year ago

Monday, 25 May 2015

In April, the average electricity price in the Nord Pool Spot Lithuanian bidding area was EUR 35.61/MWh, and this is almost 20 percent lower than in April last year.

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EU supports construction of third Estonian-Latvian electricity connection with 112 million euros

Sunday, 24 May 2015

Estonian state-owned power grid company Elering announced that it signed a financing agreement with the European Commission, according to which the European Union finances the construction of the third Estonian-Latvian electricity connection with 112 million euros.

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Elering signed financing agreement on studies for Balticconnector

Saturday, 16 May 2015

Estonian state-owned power grid company Elering signed with the European Commission a financing agreement on studies for the Estonian-Finnish gas connection Balticconnector, Public Broadcasting reports.

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Thomas Fok plans to take over the Estonian gas market

Saturday, 16 May 2015

Chinese businessman Henry Fok's son Thomas Fok plans to take over the Estonian gas market, Postimees writes.

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