Tallinn will increase investment in Tallinna Vesi, which provides the capital with its water, drainage and sewerage needs, after purchasing a majority stake in the company last week, Mayor of Tallinn Mihhail Kõlvart (Center) said. Water tariffs will remain constant in the near future, he added, noting that supply would be put ahead of profits. Tallinn is acquiring a 52.35 percent stake in Tallinna Vesi from U.K. water company United Utilities
Source: ERR News
