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Estonia’s marine sector specialises in the design and build of small and medium-sized commercial and leisure vessels. Centuries long expertise, cutting-edge application of IT and a flexible approach make Estonia a competitive location for innovation and export-oriented production.
| High-quality Nordic craftsmanship based on centuries-long maritime expertise. | |
| Ultra-high use of IT in the design, prototyping and production processes. | |
| Highly flexible approach to customisation and commercial matters. | |
| Competitive business environment supporting innovation and accelerated launches. | |
| Strategic location for EU, Nordic and Russian export markets. |
Estonia has a niche marine sector that provides design, prototyping, and production of small and medium-sized commercial and leisure vessels, electronics, and equipment.
With a centuries-long maritime tradition, Estonian workers have extensive expertise across a range of areas including materials science, hydrodynamics and manoeuvrability. Competence centers like TalTech‘s Estonian Maritime Academy ensure the workforce possesses professional higher education and practical application of modern methodologies.
As befits the world’s most digitally enabled nation, IT utilisation is ultra-high. Digital boats are created in the design phase, allowing clients to customise to exact specifications without sacrificing performance. Sensors and software ensure accurate prototyping and testing. Automated production is seamlessly integrated with handcrafted elements to create high-quality, safe vessels with ISO certification.
Estonia’s advantages include one of the most open and competitive economies in the world. Our compact size ensures decision-makers are highly accessible and flexible to requests on customisation and commercial terms. Costs remain competitive relative to neighbouring markets for an equivalent quality level and trustworthy business culture.
Today Estonian vessels of multiple sizes and materials are used in naval, rescue, energy, scientific, and icebreaking operations in Northern Europe and beyond. Cybernetica’s systems and equipment for marine communication, surveillance, and navigation are utilised worldwide. Smart Port, Maritime Single Window, and e-Government solutions ensure efficiency and safety in daily operations. Local researchers are working on making Estonia the world’s competence center in maritime cybersecurity.
Estonia is leveraging its advantages in flexibility and IT to become a center of excellence in marine R&D, environmental sustainability, and digitalisation.
Whether you seek innovation or high-quality production within a highly digital environment, Estonia offers a scalable, competitive Northern European hub for marine businesses.
Estonia combines a strategic location, competitive business environment, and maritime traditions, making it a location of choice for the maritime industry. Investment opportunities include:
Please see our value propositions for the marine industry in the following languages:
English
German
Swedish
Success stories in the Estonian Marine industry include:
Baltic Workboats, Luksusjaht, Marine Pool, Ridas Yacht & Composites, Saare Yachts, etc.
These websites can be useful when interested in the Marine sector in Estonia:
You are also welcome to send us a request for personal e-consulting to obtain more specific information.
Estonia is not only a pioneering digital society, which has found convincing answers to the challenges of digitalization, but it also is a very green country. There is a strong societal and political will to utilize the capabilities and ecosystems. These have been developed to tackle the challenges of decarbonization of the economy and to become once again a leading player – in CleanTech and GreenTech.
Metaverse is the parallel universe or a unified universal virtual world, facilitated by the use of virtual and augmented reality headsets. In addition to the fact that existing products and services can be transferred to the Metaverse, it achieves a completely new economic environment and opportunities to create and market products and services that are unique to the Metaverse. Simply said, Metaverse has no limits in Estonia.
Estonia is a cashless society with over 99% of financial transactions occurring digitally. Electronic ID and Blockchain are widely used in FinTech applications. 80+ FinTechs ranging from innovative startups such as Wise to Blockchain leader Guardtime make Estonia a global centre of excellence for FinTech.
Estonia has a sizeable Advanced Industrial sector and world-class IT expertise in areas including high tech systems, control technologies and cyber security. Supported by a collaborative ecosystem well suited to research and development, Estonia is emerging as a centre of excellence in industrial automation.
Estonia developed X-Road, its proprietary decentralised, distributed system in 2001 and has utilised Blockchain since 2008. World-class technical skills supported by practical experience implementing public and permissioned Blockchain’s place Estonia at the forefront of the emerging Blockchain economy.
Patient records in Estonia are digitised and secured by the Blockchain, providing a single immutable data source for healthcare professionals. With a unique digital platform and collaborative ecosystem, Estonia is positioned to lead on preventative medicine, patient self-treatment and industry efficiency.
What is it like to run a business in Estonia? How to benefit from the e-solutions and the efficiency of our business culture? What are the opportunities in specific sectors? Who to partner up with?
The Estonian Investment Agency’s team is happy to help you via its complimentary e-Consulting service, organize online or offline follow-up events such as virtual investment visits and guide you through the fairly simple process of investing in Estonia.
