The Estonian defence minister, Margus Tsahkna, and the US ambassador in the country, James Melville, on 17 January signed a defence cooperation agreement between the two countries that is designed to regulate the legal status of members of the US armed forces, their family members and contractors in Estonia. The agreement also simplifies their activities […]
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Estonia has been ranked 20th in the 2017 Global Talent Competitiveness Index that measures how countries grow, attract and retain talent. The index, compiled by INSEAD, a global graduate business school, provides a resource for decision makers to develop strategies for boosting their talent competitiveness. Estonia is ranked 20th, just after the United Arab Emirates
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According to a sustainability think tank, SolAbility, Estonia is the 11th most competitive country in the world. The ranking by SolAbility, based in Switzerland and South Korea, is “based on a competitiveness model that incorporates all pillars of sustained growth and wealth creation: natural capital availability; national governance (the framework in which all players operation
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The Estonian-founded startup, Starship Technologies, that builds a fleet of autonomous robots designed to deliver goods locally, today announced it had secured USD17.2 million in seed funding. The round was led by Daimler AG, along with Shasta Ventures, Matrix Partners, ZX Ventures, Morpheus Ventures, Grishin Robotics, Playfair Capital and a number of other investors. “This
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The e-receipt project of the Estonian postal company, Omniva, was shortlisted for the European Business awards for innovation. This year, about 33,000 companies from 34 countries applied for the European Business Awards that, according to a statement by Omniva, is Europe’s largest business competition since 2007. Only 350 companies from 34 countries were selected to
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A group of Estonian investors with a long-term forestry and wood industry experience is considering building a modern and environmentally sound biorefinery in Estonia; with its €1 billion investment, it would be the largest ever industry investment in Estonia and after completion, it would be the most modern biorefinery in Europe. The value added by
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The prime minister of the United Kingdom, Theresa May, has promised to come to Estonia’s aid in case it was invaded by Russia. “Article 5 of NATO says that we do go to the support of any NATO country that has military action against it,” May told Sky News. “Sometimes people think there is going
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Forbes magazine has listed Estonia as the 13th best country for doing business, saying that the country’s successive governments have pursued a free market, pro-business economic agenda and sound fiscal policies that have resulted in balanced budgets and low public debt. According to Forbes, Estonia has a “modern market-based economy and one of the higher
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The Estonian-founded, London-based financial technology startup, Monese, has raised USD10 million from a suit of top investors from around the world, including Anthemis Exponential Ventures, Korea Investment Partners and STE Capital to expand into mainland Europe. Monese offers a mobile banking app for immigrants and expats who might find it difficult to open a bank
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Three US senators visited Estonia this week to assure Estonians that the United States and NATO remain committed to their defence. John McCain, a Republican senator of Arizona; Lindsey Graham, a Republican senator of South Carolina; and Amy Klobuchar, a Democratic senator from Minnesota, visited Estonia at the time when the small NATO members have
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