News & events

In a scramble to attract investments to their shores, countries worldwide are vying for the attention of the most exciting businesses looking to expand their horizons. One such cool young business being courted by potential host countries is German-founded birkle IT that decided to invest in Estonia.

HANZA, a Swedish knowledge-based manufacturing company with operations all over the world, invested 8 million euros in a new sustainable production facility in Tartu, Estonia.

American biotech company Biogen opened a branch in Estonia in December 2020. Mikko Fernström, Executive Director of Biogen Estonia has a lot of praise for the speed of administrative processes in Estonia.

“We felt welcome in Estonia from the very first discussions. The Estonian administration has gone fully-digital and that made things very easy – especially during Corona. I think the rest of Western Europe still has lots to learn from Estonia in terms of running the administration efficiently,” Fernström says.

Estonian companies have and can provide the know-how for combining advanced industry and smart logistics to industrial businesses, both in Estonia and abroad.

Business daily Ärileht writes that the arrival of Volkswagen’s software business to Estonia may represent a major breakthrough.

Socially as well as economically – information technologies are the driving forces in Estonia, as well as a bestseller in export from which the Industry sector can benefit.

Top-class automated process control equipment for Europe’s timber sector, including the currently booming pellets industry, comes from Estonia.

Based on the world’s leading position in the field of cyber security, doors are open for Estonia in every branch of the economy, from space sector to healthcare. Estonia’s cyber security flagship Guardtime offers world-class digital security and is a valued partner for the European Space Agency (ESA) and the World Health Organisation (WHO).