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In May, the turnover of retail trade enterprises fell by a tenth
Date 30.06.2023
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According to Statistics Estonia, in May, the turnover of retail trade enterprises was 905 million euros. Compared with May 2022, turnover fell by 10% at constant prices.
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Innovation refers to the launch of a new or significantly improved product or service or the introduction of a new business process. The aim of innovation is to create value and gain a competitive advantage, which will benefit the enterprise’s development and increase productivity, simultaneously contributing to economic growth. Product or process innovation can involve the application of new technological solutions, a new combination of existing technologies or the application of the knowledge available to the enterprise. However, innovation may not always result in the launch of a new
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Despite restrictions, turnover grew in retail trade enterprises
Date 30.04.2021
Article
According to Statistics Estonia, in March 2021, the turnover of retail trade enterprises was 657 million euros. Compared to March 2020, turnover increased by 4% at constant prices.