On 12 January 2005 the Estonian Parliament (Riigikogu) adopted the Act on Involving Employees in Activities of Community-scale Undertakings, Community-scale Groups of Undertakings and European Companies.

Two judgements of the Civil Chamber of the Supreme Court made in December 2004 deal with the regulation of share takeover bids, an issue that has been a subject of disputes to date.

On 9 February 2005 the Riigikogu adopted the Act Amending the Securities Market Act, Financial Supervisory Authority Act, Estonian Central Register of Securities Act, Money Laundering and Terrorist Financing Prevention Act and Credit Institutions Act.

The content of this article includes: Rules For State Participation In Private Law Legal Persons, New Product Safety Act, Charges On Holders Of Surplus Stocks Act , Explosives Act, Radiation Act, New Principles Of The Competition Act, Amendment Of The Packaging Excise Duty Act.