Estonian business stories around the world
As the number of accidents involving electric scooters and bicycles has increased in Estonia, an Estonian startup called Cachet has launched a “city rider insurance”. According to the startup, in the last few years, the number of lightweight vehicles and their users in Estonian cities has tripled. “In parallel, the …
An Estonian startup offers insurance for lightweight vehicle users Read More »
According to Statistics Estonia, the country’s statistics agency, in the second quarter of 2021, the gross domestic product grew by 12.9% year on year; the GDP at current prices was €7.4 billion. Robert Müürsepp, a leading analyst at Statistics Estonia, said that when considering the fast economic growth, it should …
According to Statistics Estonia, the country’s statistics agency, in the second quarter of 2021, the average monthly gross wages and salaries in Estonia were €1,538, which is 7.3% higher than the year before. Gross wages and salaries were the highest in Harju and Tartu counties, and in the information and …
A quarter of the Estonian people have gone to work when sick during the last year as they’re afraid of a decrease in their income and don’t want to let down their colleagues at work, reveals the recent survey carried out by an Estonian insurance company. According to the Seesam …
Survey: Estonians don’t stay home when sick as they’re afraid of losing money Read More »
The sTARTUp Day business event is to take place from 25-27 August in Estonia’s second-largest town, Tartu; it’s also possible to attend the event online. A total of 3,000 participants are expected, according to the organisers. “To celebrate the fifth anniversary year, more than 150 speakers will be performing, the …
Business event sTARTUp Day kicks off in Tartu for the fifth time Read More »
Estonia has joined the ranks of the world’s wealthiest countries, but the journey has not been easy; this is the brief overview of the last hundred years in the country’s economy.* The beginning At the beginning of the 20th century, Estonia was one of the most developed regions of the …
According to a recent analysis commissioned by Startup Estonia and the Estonian e-residency programme, almost one third of Estonian startups – 348 out of 1,200 companies from Estonian Startup Database – have been founded by e-residents; most of these startups focus on business software development and fintech solutions. The head …
A third of Estonian startups are founded by e-residents Read More »
For wine collectors collecting this liquid art, Estonia would currently not be on top of the list; but as with many other surprising facts about this country, an interesting and rapid expanding variety of wines are produced there, writes Joubert Odendaal, a South African-native.* The history of wine making in …
Exciting times ahead for the Estonian wine industry Read More »
Kristo Käärmann and Taavet Hinrikus, the two Estonian founders of Wise, a money transfer company, are now billionaires after the company’s direct listing at the London Stock Exchange. Wise, formerly known as TransferWise, started trading at the London Stock Exchange on 7 July and after their first day of trading, …
Two Estonian founders of Wise are now billionaires Read More »
There are many reasons to visit Estonia as a tourist – and to play golf there is definitely one of them; although the sport was only introduced in Estonia in 1993, it is fast gaining traction as a popular choice for golf enthusiasts.* Golf was not a recognised sport in …
