Company briefs - 2010-04-22

Representatives of Estonian and Russian entrepreneurs’ organizations concluded a co-operation contract in Moscow on April 15, reports Eesti Paevaleht. Estonian businesses hope to benefit from the agreement, in achieving, among other things, a reduction in railroad tariffs. The framework cooperation agreement was signed by Russian Industrialists and Entrepreneurs Association head Aleksandr Shokhin and Estonian Employers Confederation (ETK) head Enn Veskimagi. Such a cooperation agreement between Russian and Estonian business organizations hasn’t existed for years. Weight is added to it by the fact that the conclusion of the agreement was approved by the Russian president’s administration and by the Russian Ministry of Foreign Affairs.

AirBaltic up to the restart of operations at Riga International Airport on April 20 cancelled 750 flights, affecting 40,000 passengers, said airline President Bertolt Flick, reports Nozare.lv. The airline’s losses stand at about 1 million lats (1.4 million euros). Flick stressed that no compensation would be asked from the state, but that he wished for more responsible action from the Eurocontrol air traffic management organization. RIX Press Secretary Martins Langrats said that usually the airport’s homepage receives around 1.7 million visits per month; since the volcanic eruption in Iceland, 800,000 to 900,000 people a day have been visiting the site for the latest updates on the situation. AirBaltic announced that 13 flights were to take off on April 20. Ryanair flights were to recommence on April 21.