Naked truth about
doing business
in estonia

For Estonians, a sauna is not just a hot room. It is the place where the most important decisions are made and best advice is given. Step into our online business sauna to get the naked truth about doing business in Estonia.

The sauna is already hot for you, and we are ready to help you make the greatest business ideas become a reality in Estonia!

But first, please tell us a bit about yourself and your business.
You can find our terms for data processing here.

Are you already considering
expanding your business
to Estonia?

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Digital logistics in Estonia

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20+ year experience in applying IT to improve supply chain planning, efficiency and capabilities.

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World-class IT industry with expertise in UX, software and systems.

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Significant Industrial sector with expertise in mechatronic solutions and automation.

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Digitally enabled infrastructure including connected networks and cyber security.

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Estonian digital logistics solutions attract global clients, awards and funding.

2013
maritime single window introduced

2011
e-border introduced

2017
autonomous vehicles legalised

#1
in Europe in Global Cyersecurity Index

Next

Physical logistics in Estonia

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Strategic location to serve Nordic, Baltic and CIS regions.

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Full multimodal capability using modern and efficient infrastructure.

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Reliable staff and use of IT ensures effectiveness.

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Highly flexible and transparent approach.

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Centre of excellence in digital logistics and supply chain management.

#6 in Europe for Ease of Doing Business

#6 globally for economic freedom

#1 in CEE for competitiveness

#1 in CEE for transparency

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Food Industry in Estonia

Skills

Talent pool with world-class education and technical skills.

Facilities

Modern facilities, automation and quality certification as standard.

Logistics

Experience and supply chain to service overseas markets.

R&D

Growing R&D in areas such as nutrition, directed evolution and food technology.

Christmas tree icon

Pristine environment providing high-quality, ecological raw materials.

13,000 full-time employees in Estonian food production industry

30% of output exported

#3 globally for science education

#6 in Europe for ease of doing business

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Bioeconomy in Estonia

Bioeconomy

Sizable bioeconomy delivering economic, social and environmental benefits.

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Availability of high-quality, sustainably produced natural resources.

Flexible approach

World leader in forestry management and production of wood-based products.

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Ultra-high use of IT in planning, management and innovation.

CleanTech

Commitment to sustainable development in Bio and Circular economies.

30%
of economic output linked to bioeconomy

50%
of Estonia is forested

2.4X
more arable land per capita than EU average, 2015

#3
globally for science education

Next

Timber Industry in Estonia

Bioeconomy

Sizable bioeconomy delivering economic, social and environmental benefits.

Christmas tree icon

Availability of high-quality, sustainably produced natural resources.

Flexible approach

World leader in forestry management and production of wood-based products.

icon-laptop

Ultra-high use of IT in planning, management and innovation.

CleanTech

Commitment to sustainable development in Bio and Circular economies.

30% of economic output linked to bioeconomy

50% of Estonia is forested

2.4X more arable land per capita than EU average

#3 globally for science education

Next

Mechatronics in Estonia

Education

World class education in science, maths and IT.

Electronics

Significant, export-oriented engineering and electronics sectors.

Labour market

World class IT skills, from software to control systems and cyber security.

Ecosystem

Full collaborative ecosystem for R&D, prototyping and production.

Mechatronics

Estonian mechatronics solutions attract global clients, awards and funding.

60%
of Estonian schools teach robotics

14%
of GDP created by manufacturing

#1
biggest robotics festival in the world held annually

#3
globally for science education

Next

IoT in Estonia

Education

World class education in science, maths and IT.

Electronics

Significant, export-oriented engineering and electronics sectors.

Labour market

World class IT skills, from software to control systems and cyber security.

Ecosystem

Full collaborative ecosystem for R&D, prototyping and production.

Mechatronics

Estonian mechatronics solutions attract global clients, awards and funding.

60%
of Estonian schools teach robotics

14%
of GDP created by manufacturing

#1
biggest robotics festival in the world held annually

#3
globally for science education

Next

Chemicals Industry in Estonia

Talent pool

Highly qualified, multilingual and skilled talent pool.

Chemical industry

World-class expertise in oil shale, rare earth metals, petrochemicals and fertilisers.

Logistics

Full chemicals value chain from production to testing and logistics.

IT

Extensive application of IT in operations, management and innovation.

Ease of doing business

Trustworthy and competitive business environment within EU.

#3 globally for science education

#6 in Europe for ease of doing business

85% of output exported

100+ years of history in oil shale production

Next

Energy Sector in Estonia

Education

World-class education in science, maths and IT.

e-Identity

Fast growing sustainable energy sector including wind, biomass and waste-to-energy.

Skills

World-class IT skills including CleanTech software, smart grid and electric vehicle networks.

Digital infrastructure

Long standing expertise in oil shale technology.

Blockchain

Commitment to development sustainable of sustainable energy and circular economy.

#1 in the world for smart grids and electric vehicles

30+% of energy generated from renewables

39% of electricity to be generated by renewables by 2030

#3 globally for science education

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Industrial R&D in Estonia

Academia

Active knowledge and technology transfer between industry and academia.

Accelerators

Best innovations validated and commercialised in accelerators.

Competence centers

Competence centers providing infrastructure and expertise for applied R&D.

Digital infrastructure

Compact, digital environment well suited to accelerated research, prototyping and launches.

Track record

Solid track record of successful innovations and investments.

#1 in Europe for Entrepreneurial Employee Activity and Competitiveness

#3 globally for science education

5 accelerators developing hardware and software

7 competence centres providing applied R&D, design and testing

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Marine industries in Estonia

Craftsmanship

High-quality Nordic craftsmanship based on centuries-long maritime expertise.

IT

Ultra-high use of IT in the design, prototyping and production processes.

Flexible approach

Highly flexible approach to customisation and commercial matters.

Digital infrastructure

Competitive business environment supporting innovation and accelerated launches.

Strategic location

Strategic location for EU, Nordic and Russian export markets.

100% growth in sector output in last decade

#6 in Europe for ease of doing business

70% of output exported

#1 in CEE for competitiveness

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Industrial Digitalisation in Estonia

Advanced Industry

Sizeable Advanced Industrial sector serving global markets.

IT R&D

World-class IT expertise including high tech systems, software, cyber security and Blockchain.

Ecosystem

Collaborative ecosystem supporting rapid innovation, development and launch of solutions.

Digital infrastructure

Pro-business environment with digitally enabled infrastructure.

Track record

Strong track record of successful Industrial Automation innovation and investment.

25% of GDP from Industrial and IT activity

#1 in Europe for cyber security

#11 globally for M2M subscriptions

#6 in Europe for ease of doing business

Next

Electronics in Estonia

Education

World class education in science, maths and IT.

Electronics

Significant, export-oriented engineering and electronics sectors.

Labour market

World class IT skills, from software to control systems and cyber security.

Ecosystem

Full collaborative ecosystem for R&D, prototyping and production.

Mechatronics

Estonian mechatronics solutions attract global clients, awards and funding.

60%
of Estonian schools teach robotics

14%
of GDP created by manufacturing

#1
biggest robotics festival in the world held annually

#3
globally for science education

Next

Industry in Estonia

Advanced Industry

Highly qualified, multilingual and skilled talent pool.

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Extensive application of IT in operations, management and innovation.

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World class education in science and maths.

7 competence centres providing applied R&D, design and testing

14% of GDP created by manufacturing

#3 globally for science education

Next

Business Services in Estonia

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High-quality human capital with relevant experience and language skills.

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Ability to manage high order, global tasks and improve processes.

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Advanced IT platform, from technical support to process automation.

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Long-term reputation for quality and effectiveness.

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Ease of doing business supported by Nordic business culture.

80+
SSC’s

8,000+
employed in GBS

1990s
sector established

#1
Europe, Entrepreneurial activity

Next

Services in Estonia

Advanced Industry

Ability to manage high order, global tasks and improve processes.

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Ease of doing business supported by Nordic business culture.

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Advanced IT platform, from technical support to process automation.

Other

#1 In Europe, Entrepreneurial activity

7 competence centres providing applied R&D, design and testing

#6 in Europe for ease of doing business

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Blockchain in Estonia

Blockchain

World leading expertise in strategic, technical and operational aspects of Blockchain.

e-Identity

Daily utilisation of distributed systems, electronic ID and smart contracts.

Everyday processes

Ability to seamlessly integrate Blockchain into everyday processes and services.

Benefits

Proven benefits for all stakeholders from application of Blockchain technologies.

Funding

Estonian Blockchain soulutions attract global clients, awards and funding.

2008 Blockchain first used in Estonia

1 FinTech Unicorn (TransferWise)

80+ FinTechs

#1 Barclays Digital Development Index

Next

e-Commerce in Estonia

Skills

World-class skills in e-commerce systems, location technologies and process automation.

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Strength in e-commerce enablers including cyber security, payments and digital logistics.

Digital infrastructure

Digital environment supporting rapid innovation, development and launch of solutions.

Legal environment

Trustworthy legal environment within EU and Eurozone.

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20 years track record of delivering online services in B2C, B2B and B2G sectors.

500M+ EU and Russian consumers easily accessed from Estonia

#1 in Europe for electronic ID and cyber security

99% of financial transactions in Estonia are digital

#6 in Europe for ease of doing business

Next

FinTech in Estonia

FinTech

Digital by design, Estonian financial services have applied FinTech for over 20yrs.

e-Identity

Daily utilisation of distributed systems, electronic ID and smart contracts.

Skills

World-class skills in software, high tech systems, process automation and cyber security.

Digital infrastructure

Digital environment supporting rapid innovation, development and launch of solutions.

Blockchain

Global proof of concept in segments including Blockchain, payments and banking.

2008 Blockchain first used in Estonia

1 FinTech Unicorn (TransferWise)

80+ FinTechs

#1 Barclays Digital Development Index

Next

IoT in Estonia

Education

World class education in science, maths and IT.

Electronics

Significant, export-oriented engineering and electronics sectors.

Labour market

World class IT skills, from software to control systems and cyber security.

Labour market

Full collaborative ecosystem for R&D, prototyping and production.

Mechatronics

Estonian mechatronics solutions attract global clients, awards and funding.

60% of Estonian schools teach robotics

14% of GDP created by manufacturing

#3 globally for science education

#1 in Europe in Global Cyersecurity Index

Next

Software / Hardware Industry in Estonia

Skills

Talent pool with world-class IT education, skills and experience.

Agile

Agile mindset and work methodologies.

Unique systems

Unique global proof of concept in software and systems.

Digital environment

Compact, digital environment well suited to accelerated R&D and launches.

Track record

Solid track record of successful innovations and investments.

#1 in Europe for electronic ID and cyber security

99% of financial transactions in Estonia are digital

#6 in Europe for ease of doing business

4 unicorns born in Estonia

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Cyber security in Estonia

Blockchain

World-class skills in system design, cryptography, electronic ID and Blockchain.

Cyber defense

Experience from successfully defending against 2007 cyberattacks.

Collaboration

Global collaboration hub for academia, industry, government and military.

Thought leader

Thought leader via Tallinn Manuals, Locked Shields, Crossed Swords and CyCon.

Cyber security

Unique environment for cyber security R&D, testing and management.

#1
in Europe in Global Cybersecurity Index

#5
globally in Global Cybersecurity Index

2008
Blockchain first used in Estonia

#2
globally for laws relating to ICT

Next

e-Health in Estonia

e-Health

World leader in application of government e-Health services and solutions.

Academia

Active collaboration between academia, industry, government and IT sector.

Skills

Infrastructure, skills and government policy conducive to R&D.

Benefits

Clear legal principles on data ownership and protection.

Funding

Proven benefits for all stakeholders from application of e-Health technologies.

2008
health records first made available online

95%
of health data created today is digitised

300 M
health events saved in the Blockchain

#3
globally for science education

Next

Mechatronics in Estonia

Education

World class education in science, maths and IT.

Electronics

Significant, export-oriented engineering and electronics sectors.

Labour market

World class IT skills, from software to control systems and cyber security.

Ecosystem

Full collaborative ecosystem for R&D, prototyping and production.

Mechatronics

Estonian mechatronics solutions attract global clients, awards and funding.

60% of Estonian schools teach robotics

14% of GDP created by manufacturing

#3 globally for science education

#1 in Europe in Global Cyersecurity Index

Next

Digital logistics in Estonia

icon-faces

Strategic location to serve Nordic, Baltic and CIS regions.

icon-laptop

Full multimodal capability using modern and efficient infrastructure.

icon-calendar

Reliable staff and use of IT ensures effectiveness.

icon-world

Highly flexible and transparent approach.

icon-economy

Centre of excellence in digital logistics and supply chain management.

2003 maritime single window introduced

2011 e-border introduced

2017 autonomous vehicles legalised

#1 in Europe in Global Cyersecurity Index

Next

Electronics in Estonia

Education

World class education in science, maths and IT.

Electronics

Significant, export-oriented engineering and electronics sectors.

Labour market

World class IT skills, from software to control systems and cyber security.

Ecosystem

Full collaborative ecosystem for R&D, prototyping and production.

Mechatronics

Estonian mechatronics solutions attract global clients, awards and funding.

60%
of Estonian schools teach robotics

14%
of GDP created by manufacturing

#1
biggest robotics festival in the world held annually

#3
globally for science education

Next

Information technology in Estonia

Skills

Talent pool with world-class IT education, skills and experience.

Digital environment

Compact, digital environment well suited to accelerated R&D and launches.

icon-world

Solid track record of successful innovations and investments.

128 countries using

Estonian IT

#1 in Europe for Entrepreneurial Employee Activity and Competitiveness

4 unicorns born in Estonia

Next

Why do business in estonia?

Blockchain

Digital signature helps to save the equivalent of an entire workweek per working adult annually.

Skills

According to World Economic Forum Estonia ranks 1st in entrepreneurial activity in Europe.

Business environment

All companies registered in Estonia benefit from 0% corporate income tax on retained and reinvested profits.

did that spark interest
in doing business
in estonia?

what is your planned
investment sum?

Thank you for your interest in doing business in Estonia

What will happen next?

We will assign you a personal advisor to help you with any questions you might have. The advisor will contact you in the next few (business) hours.

We will make you a preliminary value proposition to help you decide how to benefit from the opportuinities that Estonia has to offer for you, with the possibility to go into more detail later.

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Wish to read more naked truth about Estonia and doing business there? Jump right back into the sauna mindset.

#TechBBQ #investinestonia #meetestonia

Wish to read more naked truth about Estonia and doing business there?

Jump right back into the sauna mindset.

#investinestonia #meetestonia