RMK to pay out €19.6 million in dividends to state ({{commentsTotal}})

Business
Business

The State Forest Management Centre (RMK) Supervisory Board has proposed paying €19.6 million in dividends into the state budget, one third more than the previous year.

RMK’s turnover had increased to €165.2 million last year, and pre-tax profits in dividends totaled €36.6 million. Turnover had increased 1 percent in one year; price erosion in the timber market had reduced profits by 18 percent.

Last year, RMK paid €14.6 million in dividends to the state, of which €3.7 million went to taxes. Post-tax profits for 2015 totaled €32.9 million.

RMK has predicted a turnover of €171 million and profit of €37 million for the year 2016.

Editor: Editor: Aili Sarapik



{{c.alias}}
{{c.createdMoment}}
{{c.body}}
{{cc.alias}}
{{cc.createdMoment}}
+{{cc.replyToName}} {{cc.body}}
No comments yet.
Logged in as {{user.alias}}. Log out
Login failed

Register user/reset password

Name needs to be fewer than 32 characters long
Comment needs to be fewer than 600 characters long
{{comment.captcha.word.answer}}

news.err.ee

Opinion
Independence Day: Estonia’s way into the future isn’t a race

There is a lack of connection between the Estonian state, and the people who live here. While it expects a lot of the state, Estonian society doesn’t seem ready to contribute, writes Viktor Trasberg.

Lotman: Security academy would be crucial Estonian identity point in Narva

In an opinion piece published by Eesti Päevaleht, Tallinn University professor Mihhail Lotman found it important to overcome the mental barrier separating Ida-Viru County from the rest of Estonia.