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Estonia backs 12 research projects with €15M
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Estonia is backing 12 company research projects with nearly €15M, supporting work in health, AI, energy, autonomous systems and defence.

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HANZA expands Estonia manufacturing through Fortaco acquisition
- News
HANZA plans to acquire five Fortaco units, including the Narva plant, in a deal based on a €144M enterprise value that could reach €200M.

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Estonia ranks 11th in the European Innovation Scoreboard 2026
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Estonia ranks 11th in the European Innovation Scoreboard 2026 as a Strong Innovator, with standout scores in VC, SME innovation and linkages.

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Estonia-Ukraine drone agreement opens local production path
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At the NATO summit in Ankara, Estonia and Ukraine signed a drone cooperation agreement that could allow Estonian companies to manufacture drones in Estonia using Ukrainian expertise.

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€170M grid storage upgrade: Estonia’s Hertz 2 battery park goes live
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Hertz 2, a French-backed battery park, now helps guard the Baltic grid against blackouts and price spikes, built without a cent of state subsidy.

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Estonian startup Display.dev raises €470,000 to organise documents for AI agents
- News
Tallinn-based Display.dev has raised €470,000 in pre-seed funding to build a platform where AI agents can publish, share and refine documents across teams and tools.

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Baltic business survey: 97% of foreign investors would choose Estonia again
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A new Baltic business survey found that 97% of foreign investors would choose Estonia again, giving Estonia the highest score among the three Baltic states and underlining continued confidence in the country’s business environment.

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Estonia’s Sunly and Rolls-Royce sign the Baltics’ biggest private battery storage deal
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Sunly and Rolls-Royce have signed the Baltics’ largest private battery storage deal: four sites in Latvia (490 MWh), with a 300 MWh Estonian expansion at Risti already lined up under an MoU.

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