Karin Koppel

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Experts: Lufthansa's stake in airBaltic is good news for Estonia

Jan 30, 2025 | news.err.ee | Karin Koppel |Merilin Pärli

On Wednesday, Lufthansa announced it would invest €14 million in airBaltic, acquiring a 10 percent stake in the company. Estonian Air CEO Toomas Peterson, who headed both Estonian Air and the Civil Aviation Authority, told ERR Lufthansa's decision is good news. "This also indicates Lufthansa's opinion on airBaltic's current value, which would be around €140 million. However, the final decision will be made by the new investors when the IPO is carried out — if it is carried out," he noted.
Desünkroniseerimise eel kasvas generaatorite müük mitukümmend korda

Jan 29, 2025 | err.ee | Karin Koppel |Aivar Pau

Kui 2022. aasta septembris tegi toonane peaminister Kaja Kallas pöördumise, kus palus rahval olla valmis võimalikeks elektrikatkestusteks, tõi see kaasa generaatorite ostmise buumi ja mõnes poes müüdi kõik saadaolevad generaatorid läbi. Järgmise nädala lõpus eraldub Eesti Venemaa elektrisüsteemist ja ühendub Mandri-Euroopa elektrisüsteemiga ning hoolimata sellest, et elektrikatkestuste esinemise võimalust hinnatakse väikseks, on nendeks valmisoleku teema taas teravamalt päevakorda tõusnud.
Agency: Telia's fast internet campaign violates consumer rights

Jan 23, 2025 | news.err.ee | Iida-Mai Einmaa |Johannes Voltri |Karin Koppel |Helen Wright

Last week, Telia informed customers that starting from late January to mid-February, they would be automatically upgraded to an internet package twice as fast as their current one. Customers could use the faster package for the first 30 days for the same price as their current package, but after that, they would automatically be charged a new higher rate. No permission was sought from customers, they were simply informed the change would take place.
Agriculture minister: MKM wants to put Tartu Agro land up for auction in 51 pieces

Jan 22, 2025 | news.err.ee | Karin Koppel

The issue of determining the future use of state-owned land that has been leased to agricultural producer Tartu Agro for decades, as well as being at the heart of European Commission illegal state aid investigations, has remained unresolved since June of last year, with the current lease set to expire in the fall.
Swedish forestry group Södra to sell its Estonian and Latvian land holdings

Jan 14, 2025 | news.err.ee | Karin Koppel |Marcus Turovski

The parent company of Södra Forest Estonia OÜ, the Swedish cooperative Södra Skogsägarna Ekonomisk Förening, announced that its core objective is to manage its members' forests and process their raw materials to add value to forest properties. As part of its strategic implementation, Södra has decided to withdraw from its forest holdings and related operations in the Baltics. "Our mission is to serve our members' forests, but not to own forests ourselves.
Creditors of bankrupt savings and loan association receive misleading letter

Jan 14, 2025 | news.err.ee | Karin Koppel

In September 2022, Harju County Court declared the Estonian Development Savings and Loan Association (EAHLÜ) bankrupt, and the first creditors' meeting was held in October of the same year. EAHLÜ had nearly a thousand depositors and around 750 creditors filed claims in the bankruptcy proceedings, amounting to a total of €15.5 million. A criminal investigation related to the savings and loan association is currently underway.
Total budget of Estonia's public sector IT organizations has quadrupled in 10 years

Jan 12, 2025 | news.err.ee | Karin Koppel

The combined budget of the state's seven IT agencies stands at €265.5 million this year. A decade ago, their total expenditure amounted to just €66 million — more than four times less. The number of employees has also significantly increased over that period, from 722 to today's 1,765. At the time, the Health and Welfare Information Systems Center (TEHIK), established in 2017, and the State IT Center (RIT), launched at the end of 2021, did not yet exist.
Justice chancellor: Government in breach of law when adding new Natura restrictions

Dec 5, 2024 | news.err.ee | Karin Koppel |Marcus Turovski

In February 2022, the Environmental Board proposed changes to the protection regime of natural sites within the Natura 2000 network, suggesting that forest habitat types be placed under stricter protection. A review of forest habitats is currently underway.
Estonians started stocking up on Christmas presents in November

Dec 5, 2024 | news.err.ee | Karin Koppel

Prisma concluded its Black Friday campaign this Monday, and Merit Uus, head of the general merchandise category groups for the retail chain, told ERR that while undergarments and socks have traditionally been the top-selling items, this year power banks and chargers took the lead in sales. "Smartwatches and interactive toys are becoming increasingly popular as Christmas gifts. Additionally, Lego products are consistently in high demand every year," Uus explained.
Elektrum last to stop offering penalty-free long-term fixed power contracts

Dec 5, 2024 | news.err.ee | Karin Koppel

Electricity consumers who prefer a fixed price over a market-based package now face limited options: they can choose a plan with an early termination fee or a plan that allows cancellation at any time. However, the latter option has become increasingly scarce, as it is no longer possible to fix the price for more than six months without incurring penalties.