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Large investor support helps increase Estonia’s export capacity
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Estonian Ministry of Economic Affairs and Communication starts a large investor support of up to one million euros to help the entrepreneur increase export capacity and create jobs with above average salaries, while €2.5 million per year is to be distributed as support.

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Steel fabrications producer Fortaco invests €10 million in Narva
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Fortaco Group, the largest manufacturer of steel fabrications in Europe, has started a capacity extension project worth over 10 million euros in Narva, Estonia.

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Estonian startup sector is growing and becoming more diversified
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In the first 6 months of the year, €117 million were invested in Estonian startup companies.

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Tallinn among CNN’s top 15 cities for craft beer. Several breweries searching for investment
- News
CNN recently listed Tallinn among 15 of the best beer cities in the world. While the Estonian craft beer industry is growing, several breweries are looking for further investment.

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European Commission and Estonia’s Information System Authority to found a cyber security center in Tallinn
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The new cyber security center will coordinate all European Union’s cyber security projects in countries outside of the union. More than 500 experts and 200 international organizations will be involved in the process.

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Japan’s major gas company Nichigas started to use a software solution based on Estonian X-Road
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Nichigas, a major Japanese gas company started to use an Estonian X-road based solution to make it possible to find information across the databases of the group’s five companies in their affiliated call centers. In the future, Nichigas plans to expand the use of the system.

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June retail turnover up 3 percent on year
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The turnover of retail trade enterprises in June increased 3 percent on year at constant prices to €635 million.

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Estonia’s Chief Data Officer plans an AI-powered government
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Estonia plans a big push towards automated, proactive public services. This means that the government preemptively steps in to help or assist when the citizen needs it, Chief Data Officer Velsberg says, instead of when they request for it.

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