Business

Estonian business stories around the world

Twenty most attractive employers in Estonia

CVKeskus, a leading online job searching platform in Estonia, has published its annual list of the most attractive employers in the country. CVKeskus’s 2020 survey of the most attractive employers is based on the responses of 5,699 employees. The Estonian branch of the Swedish telecommunications company, Telia, was chosen to …

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Estonian economy contracts by 6.9 per cent in the second quarter of 2020

According to Statistics Estonia, the country’s official statistics agency, in the second quarter of 2020, the Estonian gross domestic product fell by 6.9% compared with the second quarter of 2019; the GDP at current prices was €6.4 billion. According to Robert Müürsepp, a leading analyst at Statistics Estonia, most of …

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An Estonian financial services marketplace closes a €1.1 million seed round

Cachet, an Estonian-founded financial services marketplace for online platform workers, has closed a €1.1 million seed round as it prepares to expand its service offering from rideshare platforms to other fields and launch in new markets like Poland, the Nordic countries and the United Kingdom. Founded in 2018 in Estonia, …

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Startup Estonia publishes free model documents for startups

Startup Estonia and nine law firms in Estonia have created a set of free model legal documents to make life easier for the country’s startups. The package includes 22 documents and forms, most needed for startups and investors. The startup community development manager at Startup Estonia, Liisi Org, said in a statement …

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Estonian-founded startup aims to build a “pan-European” tax service

TaxScouts, a UK-based, Estonian-founded startup, has just closed a £5 million series A funding round; the company, until now operating in Britain, is launching its service in Spain and is planning to expand across Europe. TaxScouts, an online tax preparation platform, was founded in 2018 by Estonians Mart Abramov and …

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Skype cofounder Toivo Annus dies at the age of 48

The Estonian entrepreneur, Toivo Annus, one of the founding IT engineers behind the global telecommunication application, Skype, unexpectedly died on 12 July, his widow has announced. “I inform you with the utmost sadness that last weekend, on 12 July, our beloved husband, dad, entrepreneur and investor, Toivo Annus, succumbed to …

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A debt of gratitude – an Estonian company revolutionises graveyard maintenance

Gratitude Services set out to modernise an old sector, then became the biggest cemetery services provider in Estonia. This is a paid content. They say the simplest ideas are often the best and the idea behind Gratitude Services is simple – to bring customers and service providers together for graveyard …

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