State-owned companies to pay €121.6 million in dividends into state budget ({{contentCtrl.commentsTotal}})

Muuga Harbor.
Muuga Harbor. Source: Port of Tallinn

The Estonian government on Thursday endorsed €118.2 million as the sum to be paid by state-owned companies in dividends into the 2020 state budget, to which an previously endorsed dividend payout in the amount of €3.4 million by road maintenance company AS Eesti Teed will be added.

The biggest payers of dividends this year are state real estate management company Riigi Kinnisvara AS (RKAS) with €40 million, port operator AS Tallinna Sadam (Port of Tallinn) with €30.2 million and transmission system operator (TSO) Elering AS with €25.6 million.

Also to pay dividends this year are lottery company AS Eesti Loto (€10 million), rail freight operator AS Operail (€9.5 million), piloting company AS Eesti Loots (€1.5 million), oil stockpiling agency AS Eesti Vedelkütusevaru Agentuur (€400,000), animal waste handling company AS Vireen (€373,700), road technical service provider AS Teede Tehnokeskus (€200,000), credit insurer AS KredEx Krediidikindlustus (€150,000), livestock performance recording company Eesti Põllumajandusloomade Jõudluskontrolli AS (€65,000) and OÜ Eesti Keskkonnauuringute Keskus (Estonian Environmental Research Center, EKUK, €65,000).

Last year, a total of €128.8 million was paid into the state budget in dividends; preceded by €153.3 million in 2018 and €136.2 million in 2017.

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Editor: Aili Vahtla

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