Business

Estonian business stories around the world

Estonia launches a national testbed for moonshot ideas

Estonia is bringing public and private partners together to test moonshot ideas that tackle complex problems the society is facing; a national testbed, called Accelerate Estonia, is an opportunity to experiment, validate and develop solutions that have strong value to the global economic space.  Accelerate Estonia is a national platform …

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Estonia’s Allfilm wants to attract more foreign movie productions to the country

Allfilm, Estonia’s preeminent film production company that co-produced the Academy Award and Golden Globe-nominated “Tangerines” and “The Fencer”, wants to attract more foreign productions to the country; the company has now launched a new website that gives a clear overview of what Estonia has to offer. “Choosing the Baltic countries …

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A newly-founded EU “unicorns’ group” includes two Estonian companies

A newly-founded European Union “unicorns’ group” includes two Estonian companies – the already unicorn rideshare company Bolt, and Skeleton Technologies, an ultracapacitor producer that is expected to become a unicorn. The EU commissioner for innovation, research, education, culture and media, Mariya Gabriel, invited over 30 founders and CEOs of European …

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Estonian influencer marketplace raises €1.2 million to connect brands with their superfans

Promoty, an Estonian marketplace connecting social influencers to retail brands, has closed a €1.2 million funding round to strengthen its market position and integrate other social platforms. The company is planning to strengthen its position “in the newly expanded countries of Scandinavia and the Baltics and expand laterally to other …

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An Estonian hackathon to give a crash course on how to impress investors

The Estonian startup organisation, Garage48, together with Superangel, an investment fund, are due to hold a product-focussed hackathon from 18-21 March and they’re choosing just 30 startups to compete in the 72-hour event. The hackathon is meant for early-stage startups “who are fast learners and have the grit to use …

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The Swiss flag carrier to start flights between Tallinn and Zurich

The Swiss flag carrier, Swiss International Air Lines, will start flights between the Estonian capital, Tallinn, and the largest city in Switzerland, Zurich. The flights will start from 25 June and, according to the preliminary plan, they will take place twice a week – on Fridays and Sundays, Lennart Meri …

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Estonian startup matches people needing care with qualified caregivers

An Estonian startup, called Elunow (a wordplay on the Estonian word elu – life – and the word now), is launching in the UK a fully automated, self-service platform that matches people needing care with a selection of qualified, local caregivers with the right skills and availability. “By offering on-demand …

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International students and graduates contribute over €13 million in Estonia

According to Statistics Estonia, during the academic year of 2019/2020, international students paid €10 million and international graduates paid more than €3 million in income and social tax in Estonia. In academic year 2019/2020, there were 5,520 international degree students studying in Estonian universities, which was the highest number ever. According …

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An Irish-Estonian housing partnership seeks to solve the housing crisis in Ireland

The Estonian building configuration startup, Creatomus, is partnering with the Irish automated housing-plan platform Opoplan, to help solve the urgent housing crisis in the Emerald Isle. The partnership, called “Archi – Tech Pathfinder,” will offer technology-based solutions for building modular houses and follow on with a future supply chain management …

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