Estonia s Saku starts large-scale export to Russia baltic-course.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltic-course.com Daily Mail and Mail on Sunday newspapers.
Estonia: Former Kredex CEO Lehar Kutt joins Coop Pank baltictimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltictimes.com Daily Mail and Mail on Sunday newspapers.
State credit agency KredEx made a total of €475 million available to Estonian companies in 2020, a fourfold increase on the previous year at a time when the coronavirus pandemic was making its effects known.
KredEx issued its annual report where it noted the increase in monies issued – up from €117 million in 2019 – and said that its volumes rose in all areas of its activities, including new surety and loan services drawn up due to the pandemic.
KredEx s largest sums went to shipping line Tallink (€100 million), fuel company Alexela (€37 million) and real estate project Porto Franco – which at nearly €40 million proved the most controversial deal.
Alcohol, Baltic Export, Estonia, Good for Business, Markets and Companies, Russia
Estonia s Saku starts large-scale export to Russia
BC, Tallinn, 18.12.2020.
Print version
Estonian beverage house Saku Olletehas started the large-scale export of its output to Russia this fall, and the new export agreement is one of the largest for Saku in recent years, Saku Olletehas Board Member Jaan Harms said LETA/BNS. Since September, we have delivered close to 100 containers to Russia already, and our flagship brand Saku Kuld has been well received as the only Estonian beer by buyers at one of the Russian retail chains with the largest span, Harms said.