Investments in Estonian business for 2018 is already planned
Publishedо 23 January, 2018
Enterprise development fund of Estonia (EAS) announced the publication of a plan for investment support of new business projects in 2018. The detailed information will be published at the end of the first quarter on the website eas.ee.
Enterprise Estonia was established in 2000 on the initiative of the Ministry of economy and combined many institutions related to entrepreneurship support. Thus money, coming from European funds and state budget for business development, began to be exploited more efficiently. For entrepreneurs more qualitative technical and social structure was established, bureaucratic procedures were simplified for starting new businesses.
The fund invested over 3 million euro in creation of new production units and technologies purchase in 2017. As example is construction of a plywood plant with the participation of the Finnish concern Metsa Wood and construction of a plant for the production of veneer and plywood of "Estonian plywood" company in the district of Jogeva.
The Fund gives special preference to companies with revenue for the previous financial year not less than 100 million euros, offering projects associated with the development of modern "smart" technologies, or regions development of the country.
Source: baltic-course.com
Enterprise Estonia was established in 2000 on the initiative of the Ministry of economy and combined many institutions related to entrepreneurship support. Thus money, coming from European funds and state budget for business development, began to be exploited more efficiently. For entrepreneurs more qualitative technical and social structure was established, bureaucratic procedures were simplified for starting new businesses.
The fund invested over 3 million euro in creation of new production units and technologies purchase in 2017. As example is construction of a plywood plant with the participation of the Finnish concern Metsa Wood and construction of a plant for the production of veneer and plywood of "Estonian plywood" company in the district of Jogeva.
The Fund gives special preference to companies with revenue for the previous financial year not less than 100 million euros, offering projects associated with the development of modern "smart" technologies, or regions development of the country.
Source: baltic-course.com
