News & events

The European Commission and Tallinn-based ICT company Cybernetica have signed a €1.3 million grant agreement for the BiggerDecision EU project in the framework of Horizon 2020, directed toward the business development of Sharemind technology over an 18-month project period.

Nordea has raised its economic forecast for GDP growth in Estonia this year to 3.3 percent, up from 3.1 percent in its previous estimate in June. The bank is also estimating at least 2.9 percent growth in 2018.

The European Union’s defense ministers participated in the EU CYBRID 2017 exercise on Thursday that simulated a cyberattack on institutions and systems in the EU within a hybrid threat scenario. With the exercise, the Estonian EU council presidency is hoping to start a discussion about the EU’s means and capabilities, and how to use the union’s existing structures to respond to such an attack.

Today on September 6, Enics opened its new plant extension in Elva, Estonia. The company has invested 5 million euros in the construction of the expansion and state of the art technology. In the coming years, it is planned to continue investing in new equipment.

Prime Minister Jüri Ratas and executives representing Hyperloop One signed a letter of intent in Los Angeles aimed at cooperating as part of the Tallinn-Helsinki tunnel project.

According to Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 5.7 percent in the second quarter of 2017 compared to the same period in 2016.

According to information released by Statistics Estonia on Friday, the production of industrial enterprises in July increased five percent compared to July 2016.

Minister of Economic Affairs and Infrastructure Kadri Simson on Wednesday visited the Port of Muuga, where she inspected the port’s infrastructure and determined that it is a suitable location for the multimodal cargo terminal to be located at one end of Rail Baltic.