Estonia: from FDI catalyst to emerging investment powerhouse
Tallinn has not only consolidated its competitive IT sector and business environment: now finance and insurance firms lead the flow of FDI abroad.
Tallinn has not only consolidated its competitive IT sector and business environment: now finance and insurance firms lead the flow of FDI abroad.
Uncertainty is the key factor in Estonia’s GDP forecast, which is built on the back of the 2022 downturn: energy and consumer prices, purchasing power, and business confidence.
Tallinn continues to build the infrastructure of the south-eastern border according to the scheduled times. The works should still be completed by 2025.
The rapid growth in wages drives domestic inflation. While higher energy prices, reduced access to raw materials, and weaker demand hamper exports.
e-Residency created an environment for entrepreneurs able to generate 1.8 billion euros in turnover and create 6,700+ jobs in Estonia.
Estonia is pushing to close work on the wall on the south-eastern front, while Poland has finished building the fence on the border with Belarus.
Telegraf ÖU is building a network of stations connected by telex: a communication chosen by small credit institutions that cannot use the Swift system.
In the homeland of digital services, marriage and divorce applications and documentation are online, dematerializing the process and speeding up the procedure.
In Estonia, consumers have not been able to keep pace with inflation in recent months, and retail sales volumes have started to fall.
The case of Bürokratt and the implementation of AI in governmental services in Estonia comes from a strong foundation of start-ups and research initiatives.