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The price of a .ee domain name reduced to 7 euros

86,600 .ee domains are registered at present.

According to Aet Rahe, Chairman of the Supervisory Board of the Foundation, the price decrease has become possible thanks to the strong market position of the .ee domain, as well as a steady annual growth in the number of domains registered. "The market share of the .ee domain in Estonia is 66%, and the number of domains has been growing steadily each year – for the last 12 months, growth has exceeded 10%. The combined effect of these factors as well as the overall success of domain-related activities as a sector of the economy has made it possible to lower the price," Rahe said.

The Foundation's strategy for the 2016-2018 period, which was approved yesterday, says that the price differences between registrations for 1, 2 or 3 years will be abolished. The price of registering a .ee domain in 2016 will be 7, 14 or 21 Euros, depending on the length of the registration period.

"I am happy about the fact that we have reached a reasonable price level for the .ee domain compared to neighbouring countries. For instance, the national domain of Finland, .fi costs 12, Sweden's .se 8.5 and Latvia's .lv 10 Euros," Heiki Sibul, member of the Management Board of the Foundation, said.

These prices are the fees charged from service providers for registering a domain. The fee charged from a registrant is determined by the service provider. VAT will be added to the fees.