Posts Tagged ‘Estonian EXPO center’

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Smart-Grid Technology Planned for $240M Oxford Park Community in Estonia

In Uncategorized on April 23, 2011 by admin Tagged: , , , , , , , , ,

Skype is apparently not the limit for the information development community in Estonia. Out of the same area where the Skype communications platform was conceived—characterized as “a sort of Silicon Valley on the Baltic Sea” by The New York Times—now comes word of a $240 million, 160-acre sustainable mixed-use community ready to break ground this summer and scheduled for completion in 10 years.

talian architect Francesco De Luca describes his design for Oxford Parkas “a beautiful vision of the future of working and living,” which he believes will be “undoubtedly the most innovative and sustainable development in Europe today.”

Developers of the site—which is located about 30 minutes inland from the seaport and capital city of  Tallinn, in scenic Juuru municipality—have announced that they will use smart-grid technology to maximize the project’s energy efficiency.

Specifically, smart meters will enable the 350 on-site households, as well as the businesses, at Oxford Park to closely monitor their energy consumption and save money by using appliances at off-peak times. In addition, they will be able to earn income from their own energy generation, and to more accurately predict their electricity usage and costs.

Power will be available, even if the grid falls out, via an on-site system. The Tallinn-based  Oxford Sustainable Group said in an April 19 interview with ERR News that Oxford Park would be able to integrate electricity provided from various sources, including that generated by solar panels—thereby saving up to 50 percent in energy costs.

One of the more interesting features of the new development will be the Oxford Park FuelBar, described by the developers as a “total fueling” concept. As the name suggests, the FuelBar will provide fuel for almost any type of sustainable transport on the market today and includes expansion room for new fuel types, as they become available in the future. Prospective fueling options include: petrol, diesel, bio-diesel, slow electrical power, fast-charging electrical power, hydrogen/methane, LPG and gas, electrical battery swap, alternative biofuel (two types), and solid fuel.

The Oxford Sustainable Group is the market-leading developer of sustainable projects throughout the Central/Northern Europe region. It was the first certified CarbonNeutral company in Eastern Europe and a founding member of Central Eastern Europe (CEE)/World Green Building Council.

“Oxford Park is a carefully planned, sustainable community that will see quiet, organic and natural development in the next 10 years, along with its inhabitants and companies,” said  Hadley Barrett, chairman of the Group’s management board.

Cheryl Kaften is an accomplished communicator who has written for consumer and corporate audiences. She has worked extensively for MasterCard (NewsAlert) Worldwide, Philip Morris USA (Altria), and KPMG, and has consulted for Estee Lauder and the Philadelphia Inquirer Newspapers. To read more of her articles, please visit her columnist page.

Edited by Jennifer Russell

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New Credit Becomes Available to Exporters

In Uncategorized on April 23, 2011 by admin Tagged: , , , , , , ,

BBN – At its April 21 meeting, the cabinet approved a proposal to launch a new subordinated credit scheme to support export-oriented companies. The “subordinated credit program” financed from the EU structural funds is meant for export-oriented Estonian companies that lack capital or sufficient securities to finance their project, or whose project is found to be too risky by credit institutions.

“Our objective is to improve access to capital. The subordinated loan instrument upholds growth and expansion of enterprises,” said Minister of Economic Affairs and Communications Juhan Parts.

Under the new program, two types of credit will be made available – subordinated loans for investment in technology, and subordinated loans integrated into the currently available entrepreneurship support package.

As a result of the recent economic downturn, many businesses have difficulties obtaining credit. For example in case of sophisticated technology investments, commercial creditors require a minimum contribution of 40 percent. But since turnover, profitability and capital dwindled during the crisis, self-financing capacity is still low. Nor have securities recovered their pre-crisis value. However, to prepare for the growth phase, investments are vitally needed for enhancing productivity and expanding into new international markets.

Since Enterprise Estonia’s technology investment program and other support measures have now ended, enterprises have been left high and dry, a problem the new instrument aims to correct.

The program, financed by the European Regional Development Fund, is worth approximately 27 million euros, and will be administered by KredEx in cooperation with banks and leasing companies. Loans for technology investment will be available in May, whereas companies qualifying for the support package are eligible for subordinated loans already.

Want to sell more? Visit Estonian EXPO Center in Tallinn Airport at Gate 3, it’s the world’s first permanent trade fair in an airport. You can show your products to 1.8 Mill. passengers per year  for as little as One Euro per hour! We offer business to business and B2C. The One Euro per hour includes: set up, live hostesses, distribution of leaflets and samples, collection of new sales leads for you, electricity and cleaning. Estonian Expo Center is open 15 hours a day 7 days a week. There is no cheaper or better way to brand your company and products in the Baltics…. read more about why it works!

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Tallinn builds house of straw

In Uncategorized on April 7, 2011 by admin Tagged: , , , , , , , ,

TALLINN(BalticTimes) – A theater built from straw, which is projected to be the biggest installation during the European Cultural Capital 2011 festivities in Tallinn, is currently undergoing construction and will open its doors in less than a month, reports news agency LETA. Straw is a worthy building material, which does not harm the environment and is so inexpensive that the theater house will accommodate a large hall, lobby, cafe, outdoor children’s playground and a small sporting area for a cost…. read more

 

Want to sell more? Visit Estonian EXPO Center in Tallinn Airport at Gate 3, it’s the world’s first permanent trade fair in an airport. You can show your products to 1.8 Mill. passengers per year  for as little as One Euro per hour! We offer business to business and B2C. The One Euro per hour includes: set up, live hostesses, distribution of leaflets and samples, collection of new sales leads for you, electricity and cleaning. Estonian Expo Center is open 15 hours a day 7 days a week. There is no cheaper or better way to brand your company and products in the Baltics…. read more about why it works!

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Tallinn Airport reports increase in passengers by 26% in March

In Uncategorized on April 7, 2011 by admin Tagged: , , , , ,

TALLINN(BalticCourse) – Tallinn Airport served 137,302 passengers in March 2011 which was 25.6% more than a year earlier, reports LETA/BBN referring to Aripaev.

The number of passengers on international lines went up 25.4% in a year to 135,006 people.

Month on month, the growth was 31.8%, according to the airport operator.

The airport also handled 1,062 tons of cargo which is 74.5% more than a year earlier.

During the month, Tallinn Airport served 3,228 flights or 22.1% more than in March 2010.

 

Want to sell more? Visit Estonian EXPO Center in Tallinn Airport at Gate 3, it’s the world’s first permanent trade fair in an airport. You can show your products to 1.8 Mill. passengers per year  for as little as One Euro per hour! We offer business to business and B2C. The One Euro per hour includes: set up, live hostesses, distribution of leaflets and samples, collection of new sales leads for you, electricity and cleaning. Estonian Expo Center is open 15 hours a day 7 days a week. There is no cheaper or better way to brand your company and products in the Baltics…. read more about why it works!

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New Estonian cabinet inaugurated

In Uncategorized on April 6, 2011 by admin Tagged: , , , , , ,

Toomas Hendrik Ilves

TALLINN, April 5 (Xinhua) — Estonian President Toomas Hendrik Ilves on Tuesday inaugurated here the new cabinet of ministers led by Prime Minister Andrus Ansip.

“The strong parliamentary majority won in the election gives you a mandate and an opportunity to make decisions based on that majority. However, sound political culture means that different opinions also get noticed and taken into account,” Ilves said at an inauguration ceremony.

The president called on the new cabinet to bring public debate out of Parliament and its committees, and to listen to non- governmental organizations (NGOs), professional associations and non-partisan experts.

In his address to the Parliament, Ansip outlined his government ‘s goals for the next four years, stressing the importance of improving the quality of people’s lives.

“The government’s goal is the creation of an Estonia where our culture will develop, where more children will be born and Estonians will have longer lifespans, and where people will want to live happily,” Ansip said.

Ansip pledged to continue structural reforms in education and pension, make strategic decisions for the national energy sector, create an insurance system for industrial accidents and improve labor market flexibility.

The prime minister also touched on tax and business issues. “We intend to reduce labor taxes, lower the income tax rate to the same level as Value Added Tax, abolish the tax on payments given for job-related training, develop the business environment in a direction that is more friendly to businesses and increase social security for families with children and retired people,” he added.

 

Want to sell more? Visit Estonian EXPO Center in Tallinn Airport at Gate 3, it’s the world’s first permanent trade fair in an airport. You can show your products to 1.8 Mill. passengers per year  for as little as One Euro per hour! We offer business to business and B2C. The One Euro per hour includes: set up, live hostesses, distribution of leaflets and samples, collection of valuable sales leads to you, electricity and cleaning. Estonian Expo Center is open 15 hours a day 7 days a week. There is no cheaper or better way to brand your company and products in the Baltics…. read more about why it works!

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Estonia ranks 17th in ease of doing business index, ahead of Japan

In Uncategorized on November 15, 2010 by admin Tagged: , , , , , , , , , , , ,

estonia, best european business climateEstonia has ranked 17th out of 183 countries in the Doing Business 2011 report released this week, retaining the same position it held in last year’s list.  The rankings, which are part of a project by the International Finance Corporation and the World Bank, take into account areas such as the ease of registering a business, paying taxes and obtaining credit.Singapore topped the list, followed by Hong Kong and New Zealand. The UK and US came in 4th and 5th place respectively.

Estonia’s 17th place ranking puts it just ahead of Japan, and one place behind South Korea.

The 2011 report was based on data from the June 2009 to May 2010 period.

Read also Macro Monitor from Danske Bank about Estonia and the amazing return of GDP to 6%!

Want to sell more? Visit Estonian EXPO Center in Tallinn Airport at Gate 3, it’s the world’s first permanent trade fair in an airport. You can show your products to 1.8 Mill. passengers per year  for as little as One Euro per hour! We offer business to business and B2C. The One Euro per hour includes: set up, live hostesses, distribution of leaflets and samples, collection of new sales leads for you, electricity and cleaning. Estonian Expo Center is open 15 hours a day 7 days a week. There is no cheaper or better way to brand your company and products in the Baltics…. read more about why it works!

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Estonian Air Orders Three CRJ900 NextGens and Options Two

In Uncategorized on November 15, 2010 by admin Tagged: , , , , , , , , , , , , , , , , ,

flights to estoniaEstonian Air of Tallinn, Estonia has signed a firm order for three CRJ900 NextGen aircraft and has also taken options on two CRJ900 NextGens.

Based on the list price for the CRJ900 NextGen, Bombardier values the contract at approximately US$123 million, which could increase to $211 million should both options be converted to firm orders.

Estonian Air’s firm order replaces a firm order for three CRJ900 NextGens that was announced on March 10, 2008 as part of a purchase by SAS Scandinavian Airlines and three of its affiliate airlines. SAS reduced its stake in Estonian Air from 49 per cent to 10 per cent on May 10 when the Estonian government invested €21 million in the airline and the Estonian government has the right to buy SAS’ remaining 10 per cent shareholding by 2014.

“We require aircraft with less capacity than our mainline jets,” says Andrus Aljas, president and chief executive officer of Estonian Air. “The CRJ900 NextGen aircraft, which offer an excellent combination of performance, operating economics and passenger comfort, are ideally suited for our requirements and will be deployed as part of our fleet optimization program.”

“Estonian Air’s CRJ900 NextGen aircraft will join the 530 CRJ Series and Q-Series aircraft that are in service with, or have been ordered by, operators in Europe,” says Gary Scott, president of Bombardier Commercial Aircraft. “These aircraft are an important component in the continent’s airline network as carriers seek to reduce their environmental footprint while sustaining or improving yields.”

Including the order from Estonian Air, Bombardier has recorded firm orders for a total of 1,709 CRJ-series aircraft, including 262 CRJ900s and CRJ900 NextGens. As of July 31, 2010, 1,597 CRJ-series aircraft (including 234 CRJ900s and CRJ900 NextGens) had been delivered to customers around the world.

CRJ-series aircraft are in service with more than 60 airlines and have logged more than 28 million flight hours and over 23 million take-off and landing cycles. In addition, corporate variants of CRJ-series aircraft are in service with more than 30 operators.

Want to sell more? Visit Estonian EXPO Center in Tallinn Airport at Gate 3, it’s the world’s first permanent trade fair in an airport. You can show your products to 1.8 Mill. passengers per year  for as little as One Euro per hour! We offer business to business and B2C. The One Euro per hour includes: set up, live hostesses, distribution of leaflets and samples, collection of new sales leads for you, electricity and cleaning. Estonian Expo Center is open 15 hours a day 7 days a week. There is no cheaper or better way to brand your company and products in the Baltics…. read more about why it works!