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November 5, 2026

Estonia: Profitable energy giant cuts staff anyway — FrontPages.eu, November 05, 2026

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Estonia

Thursday, November 05, 2026

✂️ Layoffs

State energy company Eesti Energia plans to cut up to 10% of its workforce, a decision that has proved difficult for the public to accept given the company is currently profitable. The cuts arrive as electricity prices are already at winter levels; if a deep freeze arrives, the government may find that a leaner utility company is not necessarily a more popular one. The domestic agenda is otherwise preoccupied with long-standing anomalies. A family business has reportedly operated out of illegal buildings for 25 years with the apparent blessing of both city and state, while in the capital, the zoo director and his staff are in a standoff over whether the animals should be moved out or the director should. Meanwhile, Hanno Pevkur, the defense minister, has announced he will leave politics. A sense of closure reached one of the country's darker legal chapters as the sons of Peeter Kaares paid 77,000 euros to victims of a slavery case. Elsewhere, police have intercepted a group of people smugglers, and residents in Läänemaa are protesting a proposed military factory, proving that while the nation supports the defense budget, they would prefer it were spent in the next village over.

Top Stories

Eesti Energia, the national energy company, is planning significant layoffs that could impact up to ten percent of its workforce, even as the company reports positive financial results. This move has raised concerns amidst already high electricity market prices for the upcoming winter.

Delfi: Eesti Energia plans large layoffs, potentially eliminating a tenth of positions

Eesti Energia, a major energy company, is planning significant layoffs, which could affect up to ten percent of its workforce.

Õhtuleht: Despite Good Results, Eesti Energia Plans to Lay Off 10% of Staff

Eesti Energia intends to reduce its workforce by 10% despite reporting positive financial results.

Postimees: Eesti Energia, Profitable, Plans Major Layoffs

Despite being profitable, the Estonian energy company Eesti Energia is planning significant workforce reductions.

Postimees: Electricity Market Price Already High for Winter; What Happens When Freezing…

The current electricity market price is already severe for winter, raising concerns about what will happen if extremely cold temperatures, known as 'pakane', arrive.

The sons of Peeter Kaares have reached a settlement in a case involving victims of slavery, agreeing to pay 77,000 euros. This development follows the separation of Peeter Kaares' criminal case from his sons' due to his health.

Õhtuleht: Settlement Reached: Peeter Kaares' Sons Pay 77,000 Euros to Slavery Victims

Peeter Kaares' sons have settled a case by paying 77,000 euros to victims of slavery.

Hanno Pevkur, a prominent political figure who previously served as Minister of Defence until 2026, has announced his decision to leave politics.

Postimees: Hanno Pevkur is Leaving Politics

Hanno Pevkur, a prominent figure, has announced his departure from the political arena.

A significant conflict has intensified at Tallinn Zoo, with reports indicating the director plans to relocate animals, while senior staff are actively demanding the director's removal.

Eesti Ekspress: Major dispute at Estonia's zoo: Director wants to send animals away, staff…

A significant conflict has erupted at Estonia's zoo, with the director reportedly planning to remove animals while senior staff are seeking the director's removal.

A report has uncovered that a family business has been operating for over 25 years in buildings that do not comply with regulations, with both state and city authorities reportedly allowing this situation to persist.

Postimees: State and City Allow Family Business to Operate in Illegal Buildings for Over…

A report reveals that a family business has been operating for over 25 years in buildings that do not comply with regulations, with the state and city authorities permitting this situation.

Residents of a small village in Läänemaa are actively protesting the proposed construction of a military factory in their vicinity, expressing strong concerns about their future and the perceived unfairness of the situation.

Delfi: Small village in Läänemaa opposes adjacent military factory: 'What will become…

Residents of a small village in Läänemaa are protesting the construction of a military factory nearby, expressing concerns about their future and the perceived unfairness of the situation.

Estonian police have successfully apprehended individuals involved in the smuggling of migrants into the country, as detailed in a recent report.

Postimees: REPORTAGE: Police Apprehend Smugglers Bringing Migrants into Estonia

A report details how Estonian police have successfully apprehended individuals involved in smuggling migrants into the country.

During a NATO exercise held in Tapa, British soldiers reported having their mobile phones stolen, prompting an investigation into the thefts.

Eesti Ekspress: British soldiers who attended NATO exercise had phones stolen at Tapa…

During a NATO exercise in Tapa, British soldiers had their mobile phones stolen, leading to an investigation into the thefts.

A report highlights how fraudsters are successfully extracting significant amounts of money, with some elderly individuals losing up to 50,000 euros over five years.

Õhtuleht: '50,000 Euros in Five Years!' How Scammers Target the Elderly for Money

A report details how fraudsters are managing to extract large sums of money, up to 50,000 euros over five years, from elderly individuals.

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