Business

Estonian business stories around the world

The Bank of Estonia: foreign tourists spent €1 billion less in Estonia in 2020

Due to the novel coronavirus pandemic, foreign tourists spent €1 billion less in Estonia in 2020 than the year earlier, according to the Bank of Estonia. Estonia’s central bank said in its statistical release that foreign tourists only spent €410 million in Estonia in 2020, which is a billion euros …

The Bank of Estonia: foreign tourists spent €1 billion less in Estonia in 2020 Read More »

Estonia’s Põhjala Brewery is the 55th best beer maker in the world

According to the users of RateBeer, a beer connoisseur website, the Estonian brewery, Põhjala, is the 55th best beer maker in the world. Põhjala (“the Nordics” in a rough translation) was rated 55th in the world among 35,000 breweries in the world. In Europe, the Estonian brewery is among the …

Estonia’s Põhjala Brewery is the 55th best beer maker in the world Read More »

How to survive a crisis – experience from the Estonian startup scene

Amanda Haynes reached out to Estonian startup founders and leaders across the country to find out how they overcame the turmoil of 2020 and managed to stay profitable during the pandemic. With millions of people receiving the coronavirus vaccine worldwide, humanity’s collective sigh of relief can be heard. Instead of …

How to survive a crisis – experience from the Estonian startup scene Read More »

Transparency: Estonia one of the least corrupt countries in the world

According to the Corruption Perception Index 2020, compiled by Transparency International, Estonia is the 17th least corrupt country. In the Corruption Perception Index 2020 – that measures the perceived levels of public sector corruption in 180 countries and territories around the world – Transparency ranks Estonia as the 17th least …

Transparency: Estonia one of the least corrupt countries in the world Read More »

Travel site: Tallinn is the best place for remote working in 2021

Big 7 Travel, a Hong Kong-based global travel site, listed “50 best places for remote working in 2021”, crowning the Estonian capital, Tallinn, in the top spot. “It’s no surprise that the world of remote workers and digital nomads is growing at a rapid rate. With more and more yearning …

Travel site: Tallinn is the best place for remote working in 2021 Read More »

“Chasing Unicorns”, an Estonian startup comedy, now available worldwide

“Chasing Unicorns”, directed by Estonian startup entrepreneur Rain Rannu – the founder of Fortumo – is now available to watch on Amazon Prime and other online platforms around the world. The semi-satirical story, “Chasing Unicorns” (“Ükssarvik” in Estonian), is told from the perspective of Õie, a young woman from rural …

“Chasing Unicorns”, an Estonian startup comedy, now available worldwide Read More »

A new virtual marketplace connects Estonian service providers to e-residents

A new virtual e-residency marketplace helps Estonia’s e-residents connect with and find cooperation partners among Estonian service providers. Over 75,000 Estonian e-residents have already established over 15,000 Estonian companies; about one in five e-residents creates an Estonian business. The renewed virtual e-residency marketplace offers e-residents a convenient way to find …

A new virtual marketplace connects Estonian service providers to e-residents Read More »

An online publication names Tallinn the 12th biggest startup hub in Europe

EU-Startups.com, an online publication focussing on startups in Europe, has named the Estonian capital, Tallinn, the 12th biggest startup hub in Europe. The website says it has published an annual ranking of Europe’s biggest startup hubs since 2011, and in the rankings of 2020, Tallinn is listed on the 12th …

An online publication names Tallinn the 12th biggest startup hub in Europe Read More »

Estonian-founded Pipedrive sells majority to an investment firm, becomes a unicorn

The Estonian-founded sales CRM company, Pipedrive, has received a majority investment from Vista Equity Partners, a global investment firm; with the investment, the company is now valued over $1 billion, thus becoming a unicorn. The new majority investor in Pipedrive, Vista Equity Partners, is an investment firm that focusses on …

Estonian-founded Pipedrive sells majority to an investment firm, becomes a unicorn Read More »

Estonian World is in a dire need of your support.
Read our appeal here and become a supporter on Patreon 
close-image
Scroll to Top