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EVR Cargo
AS Operail (former name: AS EVR Cargo) is a railway logistics company located in Tallinn, Estonia. Its sole shareholder is the Government of Estonia. History The company was established as ''EVR Cargo'' in 2009; initially, it was structured as a subsidiary of Eesti Raudtee that was mainly focused upon freight transportation. During 2012, the company was legally separated from Eesti Raudtee, but remained under Estonian government ownership. In June 2018, the company was rebranded as ''Operail''; amongst other reasons, the name change was intended to reflect that the company is involved in other business sectors beyond that of freight transportation, such as rolling stock leasing, maintenance, and modernisation. In the same year, in collaboration with CZ Loko, Operail rebuilt a GE C30-7Ai locomotive into the first C30-M at its Tapa depot. While the original frames and bogies were retained, much of the superstructure was demolished and replaced; as such, a new centrally-positi ...
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Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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Muuga, Viimsi Parish
Muuga is a village in Viimsi Parish, Harju County in northern Estonia. (retrieved 27 July 2021) It is located about northeast of the centre of Tallinn, just north of Maardu's district of Muuga aedlinn (''Muuga garden city''), on the coast of Muuga Bay. Half of the village's territory is occupied by the Port of Muuga (which also occupies lands from Uusküla and Maardu). As of 2011 Census, the settlement's population was 581, of which the Estonians were 327 (56.3%). Western part of Muuga is connected to the centre of Tallinn by Tallinn Bus Company Tallinna Linnatranspordi AS (TLT) is a transportation company owned by the city of Tallinn, Estonia. TLT is a result of the merger of Tallinn Bus Company (''Tallinna Autobussikoondis'') and Tallinn Tram and Trolleybus Company (''Tallinna Trammi ...'s route nr. 38 (Viru keskus – Muuga), average traveling time is about 35 minutes. The eastern part is reachable by route nr. 34A (Viru keskus - Muuga aedlinn), average trave ...
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Dividend
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by a shareholder is income of the shareholder and may be subject to income tax (see dividend tax). The tax treatment of this income varies considerably between jurisdictions. The corporation does not receive a tax deduct ...
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Delfi (web Portal)
Delfi (occasionally capitalized as DELFI) is a news website in Estonia, Latvia, and Lithuania providing daily news, ranging from gardening to politics. It ranks as one of the most popular websites among Baltic users. Delfi operates in the respective Baltic countries under the domain names delfi.ee, delfi.lv, and delfi.lt. Aside from versions in the Estonian, Latvian, and Lithuanian languages, the company offers Russian language versions of its portal in all three countries. On 12 March 2012, Delfi started a Polish version under pl.delfi.lt. A year later an English version was added under en.delfi.lt. In March 2014 delfi.ua version was closed. In February 2016, most of the delfi.lt English-language version content were placed under a paywall to restrict access to most articles without a paid subscription, as the articles in this version of Delfi are supported by the Lithuania Tribune, which raised questions on implementing the paywall there. It is unknown if other language ...
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Oil Shale
Oil shale is an organic-rich fine-grained sedimentary rock containing kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons can be produced. In addition to kerogen, general composition of oil shales constitutes inorganic substance and bitumens. Based on their deposition environment, oil shales are classified as marine, lacustrine and terrestrial oil shales. Oil shales differ from oil-''bearing'' shales, shale deposits that contain petroleum (tight oil) that is sometimes produced from drilled wells. Examples of oil-''bearing'' shales are the Bakken Formation, Pierre Shale, Niobrara Formation, and Eagle Ford Formation. Accordingly, shale oil produced from oil shale should not be confused with tight oil, which is also frequently called shale oil. Deposits of oil shale occur around the world, including major deposits in the United States. A 2016 estimate of global deposits set the total world resources of oil shale equivalent of of oil in place. ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Grain
A grain is a small, hard, dry fruit (caryopsis) – with or without an attached hull layer – harvested for human or animal consumption. A grain crop is a grain-producing plant. The two main types of commercial grain crops are cereals and legumes. After being harvested, dry grains are more durable than other staple foods, such as starchy fruits (plantains, breadfruit, etc.) and tubers ( sweet potatoes, cassava, and more). This durability has made grains well suited to industrial agriculture, since they can be mechanically harvested, transported by rail or ship, stored for long periods in silos, and milled for flour or pressed for oil. Thus, the grain market is a major global commodity market that includes crops such as maize, rice, soybeans, wheat and other grains. Grains and cereal Grains and cereal are synonymous with caryopses, the fruits of the grass family. In agronomy and commerce, seeds or fruits from other plant families are called grains if they resemble c ...
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Fertiliser
A fertilizer (American English) or fertiliser (British English; see spelling differences) is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrients. Fertilizers may be distinct from liming materials or other non-nutrient soil amendments. Many sources of fertilizer exist, both natural and industrially produced. For most modern agricultural practices, fertilization focuses on three main macro nutrients: nitrogen (N), phosphorus (P), and potassium (K) with occasional addition of supplements like rock flour for micronutrients. Farmers apply these fertilizers in a variety of ways: through dry or pelletized or liquid application processes, using large agricultural equipment or hand-tool methods. Historically fertilization came from natural or organic sources: compost, animal manure, human manure, harvested minerals, crop rotations and byproducts of human-nature industries (i.e. fish processing waste, or bloodmeal from a ...
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Economic Sanctions
Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual. Economic sanctions are not necessarily imposed because of economic circumstances—they may also be imposed for a variety of political, military, and social issues. Economic sanctions can be used for achieving domestic and international purposes. The efficacy of sanctions is debatable—there are many failures—and sanctions can have unintended consequences. Economic sanctions may include various forms of trade barriers, tariffs, and restrictions on financial transactions. Since the mid-1990s, United Nations Security Council (UNSC) sanctions have tended to target individuals and entities, in contrast to the comprehensive embargoes of earlier decades. An embargo is similar, but usually implies a more severe sanction. An embargo (from the Spanish ''embargo'', meaning hindrance, obstruction, etc. in a general sense, a trading ban ...
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2022 Russian Invasion Of Ukraine
On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An estimated 8 million Ukrainians were displaced within their country by late May and 7.8 million fled the country by 8 November 2022, while Russia, within five weeks of the invasion, experienced its greatest emigration since the 1917 October Revolution. Following the 2014 Ukrainian Revolution, Russia annexed Crimea, and Russian-backed paramilitaries seized part of the Donbas region of south-eastern Ukraine, which consists of Luhansk and Donetsk oblasts, sparking a regional war. In March 2021, Russia began a large military build-up along its border with Ukraine, eventually amassing up to 190,000 troops and their equipment. Despite the build-up, denials of plans to invade or attack Ukraine were issued by various Russian gove ...
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Oiltanking
Oiltanking is a logistics service provider of tank terminals for petroleum products, chemicals, and gases. Founded in 1972, the company is a subsidiary of Marquard & Bahls AG and is headquartered in Hamburg, Germany. It owns and operates a total of 70 terminals in 23 countries with a total storage capacity of more than 20 million m3 (as of: September 2019). Customers and services Oiltanking's customers include private and state oil companies, refineries, petrochemical companies, and traders in petroleum, mineral oil products, vegetable oil products, chemicals, and gases. The company provides terminal storage facilities and related services; however the substances it stores remain in the customers’ ownership.''About us''
section on company website (Retrieved February 24, 2017).
The company stores crude oil ...
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