Estonia

Estonia launches joint study to map optimal electricity mix by 2027

Estonia’s Chamber of Commerce and Industry, major energy companies and government representatives have launched a study of the country’s future electricity needs, ERR reports. The study will compare combinations of [..]

Estonian household deposits rise by €1 billion in a year as housing lending grows

Estonian households held €1 billion more in bank deposits in August 2026 than a year earlier, according to Eesti Pank. Banks issued €237 million in new housing loans during the [..]

Tallinn opens its first drone training classroom

Tallinn’s first drone training classroom opened today at the Energy Discovery Centre, expanding opportunities for drone education in the city and enabling general education schools, children and young people to [..]

Estonian film startup secures funding to develop a unique casting platform

IRIS Casting Ecosystem, a startup in the Tehnopol Film and Multimedia Accelerator, has received nearly €150,000 in funding from Enterprise Estonia to further develop its automated casting workflow platform. The [..]

Estonian scientists say AI development should be slowed down

Recent incidents involving autonomous AI systems have intensified calls for stronger oversight, ERR reports. In several cases, AI agents have reportedly attempted to access other systems or exploit security vulnerabilities [..]

Estonia and the U.S. seek rare‑earth agreement

Estonia and the United States are working towards an agreement on rare-earth elements aimed at strengthening supply security and attracting investment, ERR reports. Foreign Minister Margus Tsahkna said the negotiations [..]

Five years since the start of second pillar payments: hundreds of thousands of Estonians have missed out on a multi-fold increase in the value of their assets

Today marks five years since the first second pillar payments were made following the pension reform. Whilst the money withdrawn from the second pillar before retirement age has been used [..]

Estonia weighs pushing Rail Baltica completion to 2034

Estonia’s government is considering postponing the completion of its Rail Baltica section until 2034, ERR reports. The issue is being discussed during negotiations on the 2027 state budget. Prime Minister [..]

Defense agency rejects Datasel talks as EU funding period ends

Estonia’s State Defense Investment Centre (RKIK) has rejected arms supplier Datasel’s proposal to establish a joint working group to resolve their dispute, ERR reports. Datasel, an Italian company acquired by [..]

What investors look for in AI startups in 2026

On 7 September, Tehnopol hosted a pre-application event for the AI Accelerator, bringing together early-stage AI startup teams, solution developers and mentors. The event gave participants a practical overview of [..]

PM: Estonia in talks to join France’s nuclear deterrence

ERR reports that Estonia is holding talks with France about joining its enhanced nuclear deterrence initiative. Prime Minister Kristen Michal said participation would require specific capabilities and readiness. He noted [..]

Operators baffled by Estonia’s plan to buy new gas and electric buses

Estonian bus operators have questioned the state’s plan to purchase new gas-powered and electric buses, saying they already have sufficient vehicles, ERR.ee reports. The Ministry of Regional Affairs and Agriculture [..]

Tallinn strengthens cooperation with South Korea in innovation and entrepreneurship

This week, a Tallinn delegation visited South Korea on a business mission aimed at expanding cooperation in innovation and entrepreneurship. The visit focused on creating new opportunities for Tallinn-based companies [..]

Major data center developments in Finland could hike electricity prices in Estonia

Google’s €13 billion investment in Finnish data centres could raise electricity prices in Estonia by around half a cent per kilowatt-hour if neither country adds sufficient generation capacity, ERR reports. [..]

Tehnopol kicks off autumn season by bringing alumni and active teams together

Tehnopol’s Accelerator community came back together on August 27 for the autumn season kick-off, bringing founders, alumni and the Tehnopol team out of summer mode and into a night of [..]

Minister: Ukraine was discussed at Tallinn dinner with Donald Trump Jr.

Estonian Foreign Minister Margus Tsahkna met with Donald Trump Jr. during his recent visit to Tallinn, with Ukraine, security and economic policy among the main topics discussed. Tsahkna said he [..]

Estonia shuts border crossing after 2 Iranian nationals attempt entry from Russia

Estonian police temporarily closed the Luhamaa border crossing with Russia on Sunday after two Iranian nationals repeatedly attempted to enter the country without legal grounds. According to the Police and [..]

The US and Brazilian markets are waiting for Estonian technology companies

With funding from the Ministry of Economic Affairs and Communications, Tehnopol has launched a new project to help Estonian technology companies enter two major export markets – the United States [..]

Eesti Post put up for sale at €52 million starting price

Estonia’s Ministry of Regional Affairs and Agriculture has launched a public auction to sell 100 percent of Eesti Post, which operates under the Omniva brand, with a starting price of [..]

Apartment associations seek greater power over rentals and tenants

The Estonian Union of Cooperative Housing Associations has proposed giving apartment associations greater powers to regulate rentals, including the possibility of banning them through a vote of owners. Such a [..]

Ülle Madise elected Estonia’s next president

Estonia’s parliament elected Chancellor of Justice Ülle Madise as the country’s next president on Wednesday, with 71 members of the Riigikogu voting in her favor. A candidate needed at least [..]

UK cancer-therapy company strikes deal to manufacture CAR-T treatment in Estonia

A London-listed biotech company Hemogenyx Pharmaceuticals has signed a binding agreement with Cellin Technologies, an Estonian cell-therapy company based in Tehnopol Science and Business Park, to manufacture and roll out [..]

Local residents say drone that crossed into Estonia flew as far as Põlva

A drone that entered Estonian airspace from the east overnight into Tuesday may have travelled significantly farther into the country than initially indicated, with residents of Põlva reporting that they [..]

What do the Estonian Defence Forces need from new technologies?

At Defence Innovation Day on 21 September, Major Ivo Peets will give a keynote titled Frontline Innovation: One Year of Lessons from the Field. As Commander of the Estonian Defence [..]

Tallinn and Heidelberg connect testbeds to support companies’ international growth

Tallinn Deputy Mayor for Entrepreneurship and Innovation Kristjan Järvan paid a working visit to Heidelberg, Germany, focusing on strengthening innovation and business cooperation between the two cities. During the visit, [..]

Tallinn and Helsinki take the initiative on tunnel project

Tallinn Mayor Peeter Raudsepp and Helsinki Mayor Daniel Sazonov agreed yesterday in Helsinki that the two capitals will take the initiative in advancing the Tallinn–Helsinki tunnel project. A joint expert [..]

Health Insurance Fund hopes to reach a balanced budget by 2030

Estonia’s Health Insurance Fund expects its spending to reach nearly €2.7 billion next year, while its budget deficit is projected to fall to €44 million. The fund’s supervisory board approved [..]

Average interest rate on Estonian housing loans rises further in second quarter

The average interest rate on housing loans in Estonia continued to rise in the second quarter of 2026, according to the latest interest rate statistics published by Eesti Pank. The [..]

Riga and Vilnius outpace Tallinn in flights due to market size

Tallinn Airport remains the Baltic region’s largest airport by revenue despite offering fewer direct destinations than some of its regional competitors, according to airport CEO Riivo Tuvike. The company generated [..]

After EUR 135m E-Piim bid, BinDawood plans Baltic dairy bridge to Saudi Arabia

Saudi Arabia’s BinDawood Holding has revealed more details about its plans for the Estonian dairy assets of E-Piim, outlining an ambition that goes beyond the EUR 135.25 million acquisition itself. [..]

Saudi Arabian retail giant wins bid for bankrupt Estonian dairy plants

Saudi Arabian retail group BinDawood Holding has won the auction for two production facilities belonging to bankrupt Estonian dairy company E-Piim Tootmine with a €135.25 million bid. The plants in [..]

Nordic–Baltic hydrogen corridor project still in early stages

Estonia has launched a national planning process to identify a potential route for a hydrogen pipeline as part of a six-country European project, with the government currently seeking a consultant [..]

Estonians defrauded of €13.2 million in first 6 months of 2026

Estonian police received 1,816 reports of telephone and online fraud in the first half of the year, with total losses reaching €13.2 million. According to the Police and Border Guard [..]

Estonia to open its first AI factory this year

A 22 MW AI cloud infrastructure deployment by Nebius will go live at Greenergy Data Centers in Estonia later this year, establishing the largest AI factory in the Baltics. The [..]

Inflation in Estonia was the lowest in the euro area in July

By Sulev Pert, Economist at Eesti Pank. Data from Statistics Estonia show inflation remained low in July for the second consecutive month at 2.2% over the year. Average inflation in [..]

Who wants to be Estonia’s next president?

Estonia is approaching its September presidential election, with several names already being discussed as possible successors to current President Alar Karis. The president is elected by the 101-member Riigikogu rather [..]

Tallink to charter cruise ferry Romantika to Italy

AS Tallink Grupp and the Organizing Committee of the Mediterranean Games of Taranto 2026 reached a charter agreement for the cruise ferry Romantika. The ship will head to Italy, where [..]

Eesti Pank issued 361 million euros of cash in the second quarter

By Kristjan Lember, cash analyst. Eesti Pank issued 11.5 million banknotes into circulation in the second quarter of 2026 with a total value of 357.8 million euros, and 3.7 million [..]

MCF Group Estonia welcomes Tensor Estate as a shareholder

MCF Group Estonia, the company operating the Greenergy Data Centers facility in Hüüru, Harju County, Estonia, has welcomed Tensor Estate as a new shareholder as the latest development in the [..]

100-megawatt battery energy storage system begins operation in Estonia

On 7 July, the Hertz 2 battery energy storage system (BESS), with a capacity of 100 MW and a storage capacity of 200 MWh, was officially opened in Aruküla, Raasiku [..]

Inbank and Eurobank establish a joint venture in Greece

Inbank is expanding into the Greek market by establishing a joint venture with one of Greece’s leading banks, Eurobank. The joint venture will be owned equally by Inbank and Eurobank. [..]

Estonian mobility unicorn Bolt reaches profit for the first time

According to its annual report, Bolt posted a net profit for the first time in its history last year, totaling €900,000. Bolt posted a net profit of €900,000 last year, [..]

Estonia’s Baltic Defense Line section taking shape in Setomaa’s forests

Twenty-eight bunkers and more than 10 kilometers of anti-tank ditches have been dug in southeastern Estonia as work on the Baltic Defense Line progresses. Estonia, Latvia and Lithuania are strengthening [..]

Estonian intel: 82% of foiled terrorist attacks in Ukraine involved Telegram agents

The overwhelming majority of uncovered terrorist attacks in Ukraine were carried out by people using the Telegram messaging app, the Military Intelligence Center of Estonian Defense Forces has said. Information [..]

Ministry wants better rules for short‑term apartment rentals

The Ministry of Economic Affairs wants clearer rules for short‑term apartment and house rentals in Estonia to bring more order to the market and ensure fairer competition. Short‑term rentals through [..]

President Alar Karis will not run for second presidential term

President Alar Karis said in his Victory Day parade on Tuesday that he will not stand as a candidate at this autumn’s election, putting an end to months of speculation. [..]

Attack drone carrying 5 kilograms of explosives found in south Estonia

An attack drone carrying 5 kilograms of explosives was found in south Estonia and authorities said it could be linked to a Ukrainian strike on Russia in early June. The [..]

Helsinki is main global gateway for Estonian air passengers

During the summer season, Finnair serves a total of up to 86 flights per week from three Estonian airports, company’s Baltic market manager Arunas Skuja said in a Delfi interview. [..]

Estonia to become first country to issue ID codes to AI agents

Estonia plans to become the first country in the world to introduce digital identities for AI agents to better regulate the industry, Prime Minister Kristen Michal (Reform) has said. Granting [..]

2 developers interested in building data centers in Pärnu County

Renewable energy developer Evecon is planning to build a data center near Lihula with electricity consumption of up to 100 megawatts, while another developer has also expressed interest in building [..]

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