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Top investment news from Estonia

In May, Estonia continued on the path that has led the country to becoming the fastest growing economy in Europe by developing the next GreenTech, Smart City and digital solutions and attracting foreign investors to invest in Estonia’s profitable economy.

Estonia’s economy grew more than expected

According to Statistics Estonia, in the first quarter of 2021, the gross domestic product (GDP) grew by 5.4% year on year. The GDP at current prices was 6.9 billion euros.

Study reveals top reasons for investing in Estonia

A recent study by the University of Tartu disclosed the main reasons that foreign investors consider when investing in Estonia. Qualified workforce, political and economic stability as well as ease of doing business are among top factors.

Estonia to become a top GreenTech developer in the world

Prime Minister Kaja Kallas: We have chosen to be front-runners of GreenTech who develop and introduce innovative technologies and services.

The transition to green energy does not happen by itself. Estonia has a clear goal for this, and agile actions have begun here in both, the public and private sectors, to make Estonia the world’s top GreenTech development centre and largest producer of green energy per capita in the coming years.

Estonia planning a country-wide digital system to monitor waste management

Truly smart cities deal with everything, even their waste, in a smart way. Plans are being drawn for a fully digital real-time waste management system to cover the whole of Estonia.

World’s first smart hydrogen cabinet unveiled in Estonia

Estonia’s energy company Alexela and cleantech startup PowerUP Energy Technologies have unveiled the world’s first smart hydrogen cabinet at Alexela’s filling station at Kakumäe harbor in Estonia’s capital Tallinn.

Want to invest in Estonia? Just book a meeting with one of our advisors via e-Consulting and get started!

 

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Need more information?

What is it like to run a business in Estonia? How to benefit from the e-solutions and the efficiency of our business culture? What are the opportunities in specific sectors? Who to partner up with?

The Estonian Investment Agency’s team is happy to help you via its complimentary e-Consulting service, organize online or offline follow-up events such as virtual investment visits and guide you through the fairly simple process of investing in Estonia.

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