* In the 3rd quarter of 2005 compared to the same quarter of the previous year, the net sales of enterprises increased by 23%.
In the 3rd quarter of 2005, in Estonia there were 34,100 enterprises, which employed about 417,100 persons. The net sales of enterprises totalled 117.6 billion kroons, which is 21.9 billion kroons more than in the 3rd quarter of the previous year. The net sales of wholesale and retail trade enterprises made up 42% of the total net sales, that of manufacturing enterprises and transport, storage and communication enterprises formed 20% and 13%, respectively. Compared to the 3rd quarter of 2004, the net sales increased in all activities except in agriculture, hunting and forestry, where it decreased 2%. The growth of the net sales was the largest in enterprises engaged in other community, social and personal service activities, construction, trade, hotels and restaurants and energy business activities.
The contribution of 27,000 micro enterprises (with 1–9 persons employed) amounted to 23% and 150 large enterprises (with over 249 persons employed) 19% of the net sales.
The growth of the net sales, which had started already in the 2nd quarter of 1999, continued also in the 3rd quarter of 2005.
In the 3rd quarter of 2005, enterprises’ investments in tangible fixed assets totalled 7.6 billion kroons, which was 1.9 billion kroons more than in the 3rd quarter a year earlier. Investments made for the construction and restoration of buildings and constructions and acquisition of machinery, equipment and inventory accounted for the largest proportion of investments. The biggest investors were manufacturing enterprises with 24%, transport, storage and communication enterprises with 15% and real estate, renting and business enterprises and energy enterprises equally with 14% of the total investments of enterprises. 28% of investments were made by large enterprises with over 249 persons employed and 25% of investments were made by micro enterprises with 1–9 persons employed.