News «KOMERK AS»

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.
Estonia and Norway will start working together on the "Green ICT" program"
Published 4 February, 2020
The Estonian business development Foundation has started accepting applications for grants to develop green information and communication technologies. Priority will be given to the projects implemented jointly with the companies from Norway.
Estonian "supercapacitors" will be used in public transport
Published 28 January, 2020
Estonian startup Skeleton Technologies, which has attracted more than 50 million euros in recent years, will start working with Polish Medcom to develop food and storage elements for public transport, in particular for trams.
Estonia invests in "plastic" fuel
Published 21 January, 2020
The leading electricity supplier in Estonia Eesti Energia has placed a state tender for research in the field of obtaining fuel from household and industrial waste. The main product of the study will be car tires and plastic bottles.
Estonia sums up tourism results of 2019
Published 13 January, 2020
According to the statistics office of Estonia, in the past year the number of tourists visiting the country increased by 13% compared to 2018. Representatives of the hotel business note the increase in the length of the rental period and the number of reservations. It means that the percentage of guests coming for one day is actively reduced.
Estonia plans to fill the Gulf of Riga with wind turbines
Published 31 December, 2019
The state energy concern Eesti Energia, which actively works in the Baltic States, has sent a request for permission to build a joint Estonian-Latvian wind farm in the Gulf of Riga. Approval of the project will attract additional investment for construction.
Startup Estonia raised more than 250 million euros for the year
Published 24 December, 2019
The government's initiative Startup Estonia, led by KredEx financial specialists, has attracted more than a quarter of a billion euros of third-party investment for the development of new projects. This has created about 5,000 jobs.
The Estonian customs prepares the inhabitants of the country for Brexit
Published 17 December, 2019
The Estonian tax and customs Department is preparing residents for a possible exit of the UK from the European Union. A memo explaining the rules for importing goods and parcels to Estonia in the event of Brexit has appeared on the Ministry's website.
The Ministry of Finance of Estonia is developing rules for the cryptocurrency market
Published 27 November, 2019
The Ministry of Finance of Estonia has developed a document that should significantly streamline the work with digital money, which now enter the country in significant volumes. The rules have been agreed with the market participants and are awaiting approval from the Ministry of Justice, the Bank of Estonia and other government agencies.
Estonian startup Veriff enters the US market
Published 19 November, 2019
A young Estonian company, specializing in innovative developments in online identity verification, has hired specialists to create and promote its own office in the United States. This step should significantly expand the range of Veriff customers.
Yandex.Taxi has become more affordable in Estonia
Published 12 November, 2019
Launched in Estonia in 2018, the service of online taxi orders of the Russian company Yandex has expanded its coverage area. Now more than 140 thousand people will be able to make a call.
Estonian seafood will be available in China
Published 7 November, 2019
Launched in 2016, the process of obtaining permission to admit Estonian marine fish and crustaceans to the domestic market of China was completed recently. In addition, it will be possible to export honey and dairy products.
Estonia will pay special attention to cargo transportation in 2020
Published 29 October, 2019
In the budget approved for the next year Estonia pays special attention to the development of high-speed road services in the busiest areas of the country. It is planned to allocate more than 4 million euros for the projects of new sections of highways.
A diesel locomotive with LNG will be developed in the Baltic States
Published 21 October, 2019
The state railway operator of Estonia AS Operail together with the Latvian DiGas plan to develop the first diesel locomotive powered by liquefied natural gas in the region for transportation of goods. Wide-scale introduction is planned to begin at the end of 2020.
Estonian bus operator started working in Belarus
Published 15 October, 2019
Lux Express Group, one of the leading Estonian companies in the passenger bus market, has opened an office in the capital of the Republic of Belarus. This division will allow to implement new routes between the European Union and the EAEU countries in the future.
Grains of Estonia beat records
Published 8 October, 2019
According to the Ministry of agriculture of Estonia, the current year was a record for the country in the harvest of grain crops. This result was achieved due to an increase in acreage, as well as extremely favorable weather conditions compared to previous years.