Business profits drop 15% ({{commentsTotal}})

The Estonia business sector earned 724 million euros in profits in the second quarter of the year, 15 percent less than during the same period last year.

Decline in profits was registered in nearly all economic activities, with the manufacturing, information and communication, and agriculture driving the fall.

The combined worth of goods and services sold in the second quarter was 12.5 billion euros, 3 percent less than in the second quarter of last year. Total costs of companies decreased 2 percent while labor costs jumped 6 percent with the number of people employed, and the number of hours worked both increasing by 2 percent. Value added per employee was on average 5,500 euros per person per quarter, 3 percent lower than during the same period in 2014.

Click here for a more detailed report.

Editor: J.M. Laats



Siim Kallas.

Interview: Siim Kallas on ambitions, Estonian politics, and EU presidency

Following the local elections in October this year, Reform Party founder, former prime minister, EU commissioner, and presidential candidate Siim Kallas took on the job of municipal mayor of Viimsi, a community on the outskirts of Tallinn. In his interview with ERR's Toomas Sildam, Kallas talks about local government, his party, the EU presidency, and perspectives in Estonian politics.

ERR kasutab oma veebilehtedel http küpsiseid. Kasutame küpsiseid, et meelde jätta kasutajate eelistused meie sisu lehitsemisel ning kohandada ERRi veebilehti kasutaja huvidele vastavaks. Kolmandad osapooled, nagu sotsiaalmeedia veebilehed, võivad samuti lisada küpsiseid kasutaja brauserisse, kui meie lehtedele on manustatud sisu otse sotsiaalmeediast. Kui jätkate ilma oma lehitsemise seadeid muutmata, tähendab see, et nõustute kõikide ERRi internetilehekülgede küpsiste seadetega.
Hea lugeja, näeme et kasutate vanemat brauseri versiooni või vähelevinud brauserit.

Parema ja terviklikuma kasutajakogemuse tagamiseks soovitame alla laadida uusim versioon mõnest meie toetatud brauserist: