Estonia’s recession drags on
According to the latest economic forecast by the Bank of Estonia, the recession in the Estonian economy will last longer than previously expected, mainly due […]
Estonia’s recession drags on Read More
Business
Estonian business stories around the world
Estonia’s consumer price index up by 9.2% in 2023
According to Statistics Estonia, the country’s consumer price index increased by 9.2% in 2023 compared to the 2022 average; price changes related to food
Estonia’s consumer price index up by 9.2% in 2023 Read More
A startup of the University of Tartu secures €4 million in funding
UP Catalyst, a spin-off of the University of Tartu, has raised €4 million, which is planned to be used for expanding the production of carbon
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Estonian wool packaging maker raises €2.5 million; aims to replace plastic packaging
Estonian startup Woola, which makes packaging from wool, has raised €2.5 million to work on creating protective packaging to replace plastic. According to the company,
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Estonian electric car charging network to build stations in Lithuania
Estonian electric car charging network Enefit Volt has signed a contract with Lithuanian retailer Norfa to install 250 public charging stations. In total, 500 new
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Estonian startups secure nearly €150 million in funding over three quarters
Estonian startups raised €147.3 million in the first three quarters of 2023, engaging in 45 investment deals with an average size of €3.3 million each.
Estonian startups secure nearly €150 million in funding over three quarters Read More
Estonia to get its largest logistics and industry park
An Estonian company is to build the country’s largest logistics and light industry park in Rae municipality, just next to the Estonian capital, Tallinn. East
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Estonia’s median wage in Q3 2023 €1,500
According to Statistics Estonia, in the third quarter of 2023, the average monthly gross wages and salaries were €1,812, which is 10.4% higher than in
Estonia’s median wage in Q3 2023 €1,500 Read More
An Estonian cleantech startup raises €4.5 million for low-carbon industrial energy
Estonian cleantech startup Efenco has closed a total of €4.5 million in financing; the funds will be used for product engineering in lowering global CO2
An Estonian cleantech startup raises €4.5 million for low-carbon industrial energy Read More
The gender pay gap in Estonia increases again
According to preliminary data of Statistics Estonia, the country’s official statistics agency, in 2022, the gross hourly earnings of female employees were 17.7% smaller than
The gender pay gap in Estonia increases again Read More
