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.
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.
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.
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.
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.
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