Estonia's investment funds have adapted best to the crisis
Published 30 June, 2020
The Estonian state investment Fund Enterprise Estonia has become the best in Europe according to the latest published ratings. The organization was able to respond as quickly as possible to the economic crisis caused by the coronavirus pandemic.
Estonia combines transport departments
Published 23 June, 2020
By 2021, the Ministry of economy and communications of Estonia should form a new Agency that will manage sea, road and air transport. By the end of 2022, a decision will be made on whether to include rail transport in this group.
Estonia has lifted the quarantine for Europeans
Published 16 June, 2020
At the beginning of the week, Estonia lifted restrictions for citizens of most European Union member States entering the country in the form of going into a 2-week quarantine. Sweden, Portugal, Belgium and the United Kingdom became exceptions.
Flight restrictions were extended for two weeks
Published 9 June, 2020
The government of Estonia has extended restrictions on flights to countries where the adverse epidemiological situation associated with the coronavirus pandemic persists. The order will be valid for at least two weeks and can be extended if necessary.
Estonian Railways will be developed on credit
Published 3 June, 2020
The European Union will help Estonia to modernize the railway network as part of the development of the Trans-European transport network. The European investment Bank has agreed to allocate a loan of 95 million euros to the Estonian national operator Eesti Raudtee.
Tourism and education are under threat
Published 27 May, 2020
The statistics Department of Estonia has published disappointing data for the country's tourism industry - the number of foreign visitors decreased by more than 20% in the first quarter of this year. The drop is primarily due to the current European quarantine for the covid-19 pandemic.
Estonia comes out of quarantine on 18 May
Published 19 May, 2020
At an online meeting held at the end of last week, the government of Estonia decided to terminate the emergency regime imposed in connection with the covid-19 pandemic. All official documents related to this regime are considered invalid since 18 May.
Information about the companies-debtors will be open again
Published 13 May, 2020
Since the beginning of the unstable period in the economy associated with the coronavirus pandemic, the Tax and customs Department of Estonia has stopped publishing data on companies that are in arrears on mandatory state payments. However, this practice was negatively perceived by most of the business community.
An online store in Estonia can now be opened for free
Published 28 April, 2020
Innovative company offered Estonian businesses assistance in the form of 100 free packages for creating an online store and its counterpart for working on a smartphone in the difficult time of the world quarantine. This will allow companies not to suspend commercial activities during the pandemic.
Estonia is ready to leave the quarantine
Published 20 April, 2020
At the end of last week the Estonian healthcare authority announced the main data on the incidence of covid-19 in the country. So far, the statistics of infection spread are favorable.
Estonian Railways are moving to a new digital level
Published 14 April, 2020
The state-owned logistics railway company AS Operail has started implementing a new management program that should lead the freight transport system to a new level. The digital modernization process is planned to be completed by 2021.
Estonia to host global online conference to fight covid-19
Published 7 April, 2020
Several Estonian companies, including the organizer of the startup training camp Garage48 and the Ministry of economy-supported project AccelerateEstonia, which develops concepts for developing new markets, initiated the Global Hack conference on a global level. The main goal of the forum is to develop new, modern and effective ideas that would help countries more effectively fight the coronavirus pandemic and its consequences in all spheres of life.
Innovative companies in Estonia started to help doctors
Published 1 April, 2020
Innovative Estonian startup Skeleton Technologies, which produces supercapacitors for the European space Agency, has developed a special model for medical equipment. Release of SkelMod 131V is carried out in the German plant of the company.
Estonian airspace is gradually being closed
Published 24 March, 2020
Representatives of the Lennart Meri Tallinn airport reported that 8 passenger air transport routes will remain in operation during the period of quarantine measures related to the coronavirus pandemic.
Estonia to be under quarantine
Published 17 March, 2020
Since March 17, Estonia is actually under quarantine - foreign citizens will be banned from entering the country and control will be restored at border posts with other EU States. Such strict measures are associated with the active spread of covid-2019 in the EU.
Modular nuclear power plant to appear in Western Estonia
Published 11 March, 2020
Fermi Energia company, created by experts in the field of nuclear energy in Estonia, has designated the region for the construction of a new generation nuclear power plant. The commissioning of the facility is expected by the end of 2030.
E-residents to open an account in Estonia remotely
Published 4 March, 2020
Estonian platform Xolo, the largest provider of services for online entrepreneurs conducting remote business, and German Bank Wirecard have developed a new service that allows e-residents to open an international bank account without visiting the office of a credit institution and the country as a whole.
Estonia may lose Eleon
Published 28 February, 2020
Eleon company, an innovator in the development and production of wind generators, announced the withdrawal of its main divisions from Estonia. The company's management complains about the unfavorable climate created by the government officials for the company's development.
Estonia and Finland started exchanging commercial information via digital channels
Published 18 February, 2020
Recently Estonia and Finland launched the process of exchanging information about commercial enterprises listed in the special register via the X-Road platform. This is the next stage on the way of combining the digital services of the two countries.
A new database of startup projects has been launched in Estonia
Published 12 February, 2020
Startup Estonia company, created on the initiative of the government, presented an updated database of start-up entrepreneurs in the country at the beginning of the year. To date, the number of registered startups has exceeded 1000.