News & events

According to Statistics Estonia, in 2018, the exports of goods increased by 12% and imports by 10% compared to 2017. The exports and imports of mineral products had the greatest impact on trade growth in 2018.

“Digital solutions can make our economies grow, make governments more effective and make the world a better place,” Prime Minister Ratas said at World Government Summit in Dubai, adding that in Estonia we have been witness to all that.

“Opening an office in Dubai is certainly good news for our enterpreneurs and an important step to make the economic ties with the Persian Gulf region stronger,” said Prime Minister Jüri Ratas before the opening ceremony.

Estonia joined the countries that have invested in space technology five years ago. Back in 2013, the first Estonian nanosatellite, ESTCube was launched by the University of Tartu with Tallinn University of Technology (TalTech) as a partner. Fast forward one year. In 2014, TalTech took the initiative to create its own student satellite, which also marked the start of the biggest interdisciplinary study project in Estonia.

Ninety-nine percent of public services are available online in Estonia, companies can be founded digitally and innovation is the key to success. So how did this nation of 1.3 million people become one of the most advanced digital societies in the world? In this video, Elizabeth Schulze takes a glimpse into the future from Tallinn for CNBC.

Whilst most of his contemporaries are still at university trying to figure out what to do with their lives, Robin Saluoks (23), the founder and CEO of eAgronom, a company which offers European farmers digital solutions, is a young man with a vision. Having just won the Estonian Young Entrepreneur of the Year award, he talks to us about his road to success.

Martin Vares, the CEO and co-founder of Fractory.co, is a mechanical engineer by trade. In 2011, he went on to study mechanical engineering at Tallinn University of Technology. He started working in the industry after his second year of studies and worked for a few different companies where his main task was to develop products. This experience led him towards a problem we are solving today.

“In order to improve Estonia’s business environment, it is crucial to have feedback from foreign investors to understand what the government could do to bring investments to Estonia and quicken the expansion of businesses already present,” Minister of Enterpreneurship Rene Tammist said.