Estonian Investment Agency (EIA) - Promoting Investment Opportunities in Estonia

The Estonian Investment Agency (EIA) is a unit of Enterprise Estonia, the country's largest support institution for business and entrepreneurship. We offer information and services to potential new and existing investors and trading partners.

Promoting a competitive business environment in Estonia

Our strength lies in our experienced team of business professionals with knowledge in sectors such as ICT, machinery and metalworking, global business services, logistics, electronics, wood products and furniture. Our activities focus on the target markets where the foreign representations of Enterprise Estonia are located. We work in these markets to bring foreign investments to Estonia by organising contact events and business missions for foreign investors and advising them personally, as well as by organising awareness and reputation-creating events.

Our objectives are to ensure a competitive business environment in Estonia, to raise the profile of Estonia, and to develop business relationships with international companies. The EIA is headquartered in Tallinn and has offices in Finland, Sweden, Germany, the US, China, Japan and Russia.

We are happy to cooperate on any sector activities. Our main competence lies in following sectors:

A thriving ICT industry

Estonia is the host country for NATO's Cooperative Cyber Defence Center of Excellence. Estonia has the greatest internet freedom in the world, according to Freedom House.

In 2011 parliamentary elections 24% of all voters gave their votes electronically. 94% of taxpayers declare their taxes electronically, and in 2012 64% of the total population participated in the census over e-channels.

A near-shore electronics hub

Estonia offers distinctive opportunities as a near-shore electronics hub for both in-house and outsourced production and distribution. It generates €1.3bn in revenues annually, of which 90% is generated from exports.

There are two main branches to the Estonian electronics sector: computer, electronic and optical products (70% of total revenues), and electrical equipment (30% of total revenues).

An internationally focused machinery and metalworking sector

Estonia offers a dynamic, internationally focused mechanical engineering ecosystem, excellent accessibility, a sustainable, high-quality skills base and competitive, low-inflation costs.

The sector generates €1.4bn in revenues, of which 67% is generated from exports. Its three main branches are:

  • Metals and metal products - 64% of total revenues
  • Transport equipment - 22% of total revenues; 91% of transport equipment production is exported
  • Machinery, tools and equipment - 14% of total revenues

Excellent logistics and transportation links

Estonia has an impressive infrastructure - five key international ports, four free zones, ten border posts to Russia, block trains to Moscow and Beijing, and the shortest EU flight time to China.

Estonia is the geographical midpoint of Northern Europe and therefore the best place to set up distribution centres and to generate added value.

The country is also Europe's most effective rail operator, boasts one of Europe's most modern and up-to-date airports, and has the largest port in the Baltic Sea.

Estonia is ranked seventh out of 185 economies for ease of trading across borders.

Business services

Estonia is an emerging Nordic location and an excellent gateway between Northern, Western and Eastern Europe and Russia. 55% of the workforce are fluent in one or more foreign languages; the top languages are Russian, English, Finnish, German and Swedish.

Estonia has a latent talent pool of 14,000 technical IT professionals and 32,000 financial services professionals.

Free support for investors and trading partners

All information and services provided by the Estonian Investment Agency are free of charge to all qualified clients. We provide prospective investors and trading partners with information and services at every stage of the decision process, including:

  • General information enquiries
  • Investment tours of Estonia
  • Detailed investment proposals
  • Identifying potential partners
  • Identifying suitable properties
  • Organising recruitment
  • Advice on financing
  • Negotiations with authorities
  • Identifying sourcing opportunities

Please contact us for more information.

Contact Details


EIA Head Office
Enterprise Estonia
Lasnamäe 2, 11412 Tallinn
Estonia
+372 6 279 700
+372 6 279 701
invest@eas.ee
www.investinestonia.com

Available White Papers

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Estonia: a Smart Hub for Electric Vehicle Development, Testing and Manufacturing 09 January 2013 Increased concern for global warming, air quality and oil dependence has forced governments to take measures to reduce fuel consumption and emissions.

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