With Credits of Euro 75 Million, Port of Tallinn Plans Upgrade
Published:
14 February 2004 y., Saturday
The Port of Tallinn (Tallinna Sadam) plans to upgrade its facilities this year with the help of three financial credits totaling euro 75 million, the port informed the Tallinn Stock Market on Thursday.
The port signed a contract for euro 15 million Thursday with Northern Countries Investment Bank (NIB) and was to sign a contract today with Eesti Uhispank for euro 25 million. The third credit, for euro 35 million, is expected from the Finnish bank, Nordea, under a contract to be arranged in March. The port will use the credits to increase production capacity.
Tallinna Sadam is one of Estonia's largest enterprises and one of its largest taxpayers.
Šaltinis:
rosbaltnews.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
China's premier told the National People's Congress Thursday that the nation expects to achieve 8 percent economic growth this year.
more »
The European Commission is calling on EU leaders to further step up coordinated European action to fight the economic crisis.
more »
Biggest auto bosses except some changes in the car market, but despite this optimism, many say this could be last large-scale car show for several years.
more »
Taking into account changes in domestic money market AB DnB NORD Bankas, a member of international financial group, has changed corporate time deposit rates.
more »
A gradual increase in minimum tax rates on cigarettes, to at least €1.50 per pack by 2014, and other tobacco products, was backed by the Economic Affairs Committee on Monday, but it advocated smaller increases than those proposed by the Commission.
more »
About 2,000 Belgian postal workers marched in the centre of Brussels to protest over plans to privatise and reorganise the Belgian postal sector.
more »
In October last year Iceland suffered the most severe economic crash of any country during peacetime.
more »
ATMPortfoliosForSale.com, a site dedicated to the buying and selling of ATM businesses and portfolios, is reporting a drastic increase in ATM portfolio acquisitions.
more »
As the United States economy sinks further into recession fertility clinics have seen more women offering to donate their eggs for cash windfalls of up to 10,000 (USD).
more »
A group of financial experts has put forward 18 detailed recommendations to strengthen supervision of the EU’s financial institutions and markets.
more »