Business

Estonian business stories around the world

ECB’s Ardo Hansson: Europe Needs Patience Amid Positive Signs

Ardo Hansson, Estonia’s member of the European Central Bank’s governing council, said on Saturday that Europe’s situation appears to be taking a more positive turn in recent months, but he advocated for a patient approach when it comes to implementing restructuring measures and creating new institutions. “There have been more …

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A trend in tradition: fashion designer Liina Viira modernises the traditional folk costumes

Estonian designer Liina Viira is changing the way we see the traditional folk costumes. Since regaining independence in 1991 Estonia has conceived a reputation of notable achievements. As the inventors of Skype, producers of Olympic medalists, and hosts of renowned song festivals, the people of this nation have a lot …

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Startup Wise Guys Accelerator opens with a new 1 Million € deal for alumni

Tallinn based tech accelerator Startup Wise Guys announced that they have struck a deal with a venture investor SmartCap. SmartCap is an Estonian based venture capital fund management company and they have commited to invest 1 MEUR into Startup Wise Guys alumni companies with local presence. Startup Wise Guys is …

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Estonia proves that it’s possible to cut spending and continue to grow

The on-going Eurozone crisis proves all those who highlighted the design flaws of the single currency were right. They said it would be impossible to maintain common competitiveness between disparate economies like Germany and Greece without fiscal transfers. The result would be significant and damaging imbalances. This was not inevitable, …

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Intellectual property world is our oyster: meet Taavi Raidma, co-founder and CEO of the UK based CrowdIPR

When Taavi Raidma (27) was 10 years old, he was dreaming to set up his own bank, together with his brother. Perhaps it was just a bit too early to start his own business – after he had persuaded his grandparents to become their first clients, his parents put a stop for further expansion plans. …

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Lady who created “loungerie” and helps Saudi Arabian women to find their sensuality – meet lingerie designer Kriss Soonik

It’s a nice spring day when I meet Kriss at a stylish café in one of those architecturally inspiring Georgian townhouses in London. She arrives by bicycle, and you could excuse yourself by mistakenly thinking of her as just another beautiful girl dreaming her day away in a bohemian district of …

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John Mauldin and George Friedman’s take on European crisis

John Mauldin is a leading financial analyst, New York Times best-selling author and a pioneering online commentator. George Friedman is an American political scientist, author and CEO of Stratfor, a private intelligence and forecasting company. I recently saw a very good video on the European Crisis that gave a really …

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Estonian mentor-led start-up accelerator Startup Wise Guys completes its first program

The new Estonian accelerator program Startup Wise Guys, backed by the Estonian government-owned Estonian Development Fund and 11 Estonian angel investors, has completed its first developing program of whipping up some serious startups. Its working model is similar to UK based Springboard, which through its program provides small seed capital …

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Ivo Aulik leads another Estonian success story in London’s Canary Wharf

In less than five years, Ivo Aulik has built up one of the most successful minicab firms in London’s prosperous Canary Wharf business district, favourably rated by local corporations and hotels alike. His company is called Carrot Cars and although its cars are not sharing their colour with a vitamin …

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