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ERR News - US technology giant Intel and venture capital company Greycroft has bought shares of international mobile payment provider Fortumo, which is based in Estonia. “We have been impressed with Fortumo’s strong product focus and ability to execute,” said Dana Settle, a partner with Greycroft, in a statement....
ERR News - Two Estonian-owned companies have bought the Palace Hotel, a landmark institution on one corner of Tallinn's Freedom Square, from Sweden's Scandic Hotels. EfTEN Capital's real estate fund and Esraven AS each now own 50 percent of a new company set up to own and manage the...
Most likely the first thing that comes to mind when you read mao is Communist China's late Chairman Mao Zedong. He would no doubt be celebrating right now as well, especially since he was born in a mao/aasta (year of the snake). Is that how he got his name?!......
On March 27th, Estonia’s post-war independence exceeds the length of the pre-war one. Toomas Kiho, adviser to Prime Minister and editor of the Akadeemia magazine, has based his calculations on the fact that Republic of Estonia was founded on February 24th, 1918 and managed to last for one day,...
The Tartu Christian Adolescents’ Home was founded in 2000 to educate and rear children who are orphans, homeless, or lack a functional family. TCAH is located in Tartu, in a rented villa that predates WWI, at Era Street No, 2. It shelters 50 young people from age 6 to...
Bread is a basic food in Estonia that no one skimps on and many in fact survive on. It accompanies almost every meal in all circumstances and often without butter or any other kind of spread. Sales of bread, which must not ever dip (lange) substantially, see a surge...
A tiny Estonian outfit offers a way out of the credit crunch and, possibly, a way to rebuild banking. I have started making loans to total strangers – scores of them. I am not mad, rich or philanthropic. The loans are tiny. The safeguards are good. So far, the...
"I wonder how deep that pothole (löök/auk) is and whether my ratas (wheel) will fit in it?" Actually, rarely do you have time for such prolonged reflection on a dark, wet, slick thoroughfare. You simply clutch the rool (wheel), keep your eyes peeled for any darker patches and do...
(Washington, DC) - The Joint Baltic American National Committee, Inc. (JBANC), representing the Estonian, Latvian, and Lithuanian communities in the United States, welcomes California Rep. Adam Schiff as the new co-chair of the House Baltic Caucus. Congressman Schiff joins Rep. John Shimkus, from Illinois, in the leadership of the...
ERR News - A 12-strong group of adventurers set off this week on a month-long journey to northern Siberia, where thousands of Estonians were deported during the Soviet era. The team will drive four specially built off-road vehicles first to Norilsk, then to Yamal Peninsula and the mining town...
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