Estonia launches a €160M investment incentive today, offering up to €20M reimbursement for major investments. Bring your next project to one of Europe’s most supportive ecosystems. As announced in 2024, the Estonian government and Enterprise Estonia have officially launched a new incentive for large-scale investments. Enterprise Estonia has opened the application round for large-scale investment support. The incentive, created by the Ministry of Economic Affairs and Communications, aims to accelerate projects with investment volumes exceeding €100M. According to Minister of Economic Affairs and Industry Erkki Keldo, the support measure will help bring at least €1B in new investments into the Estonian economy in

The winners of Estonia’s largest business competition, ‘Best Estonian Companies 2023’, were announced today by the Estonian Employers’ Confederation, Estonian Chamber of Commerce & Industry and Estonian Business and Innovation Agency. The nominees will battle for the Company of the Year title on November 4 at the gala, which will also be broadcasted on ETV. Estonian Business and Innovation Agency together with The Estonian Employers’ Confederation selected the best in six categories and the Chamber of Commerce and Industry in three categories. “Now the two separate competitions will become one, and the company of the year will be announced from

Heavy machinery company Agricom Tehnika is investing almost 2 million euros to establish a waste timber and farmland biomass collection and recycling centre in Ida-Virumaa. Aquaphor is investing 11 million euros to start the production of water purification devices that also work within the framework of smart homes. The state is supporting the former project with 900,000 euros from the Just Transition Fund, and the latter project with 3.2 million. Agricom Tehnika OÜ began its activities by offering heavy machinery services, including wood chopping. Through continued development, the company has branched out into the production and sale of full cycle

The International Trade Council (ITC) event “Go Global Awards” culminated with gala evening in Tallinn. Business world’s Oscars conference and gala brought together hundreds of senior executives from the world’s most innovative manufacturers, re-manufacturers and exporters, along with representatives from government bodies, trade associations, venture capital firms and financial institutions. „This is the first time this international event, with more than 30 years of history, took place in a nordic country, and it is no coincidence that it was Estonia,“ said Solomon Addai, ITC Senior Board Member .„First, Estonia as Estonian Business and Innovation Agency won the best Trade Promotion

The Global Economic Impact Forum on Ukraine was held in Istanbul, Türkiye on the 21st and 22nd July 2022, focused on bringing together high-level political, public sector, and business leaders from Fortune 500 companies from across the globe to look at rebuilding Ukraine, discuss investment and trade opportunities, address the challenges to regional and global supply chains, and work to ensure economic continuity for Ukraine and its trade partners through new cooperation channels and agreements. In attendance and speaking on behalf of the Ukrainian government were the Hon. Dmytro Natalukha, Chairman of the Economic Affairs Parliamentary Committee, Member of Parliament