Estonia

Estonia’s first manufacturing and service incubator opens in Võru

September 5, 2025

Estonia’s first dedicated incubation center for manufacturing and service companies has opened in the southeastern city of Võru. Called Inku, the nearly 2,000-square-meter hub offers modern workspace for both startups [..]

Estonia

Estonian gas station chains: We’re selling under cost price

September 3, 2025

After Neste cut prices Monday, other fuel chains followed, sparking higher sales. But Circle K and Alexela say such low prices can’t last without losses. On Monday morning, a liter [..]

Estonia

Consumer confidence gap between rich and poor wider than ever in Estonia

July 8, 2025

According to the Estonian Institute of Economic Research, Estonia’s economic situation has improved somewhat, however, the gap between the confidence of the country’s richest and poorest consumers has never been [..]

Estonia

Goods 2.5% and services 5.6% more expensive in Estonia on year

December 6, 2024

The Estonian consumer price index (CPI) rose by 3.7 percent in November compared with the same month last year, Statistics Estonia reported. Compared to 2023, goods were 2.5 percent more [..]

Opinions

The labour market improved a little

November 26, 2024

Orsolya Soosaar, Economist at Eesti Pank. Wage growth accelerated to 8.1% in the third quarter and the purchasing power of the average wage increased further. Sectors where wages rose at [..]

Estonia

Estonian survey analyses fears of financial struggles in East-Viru County

October 7, 2024

The Norstat polling company has conducted a survey at the request of GS Core, which engages in the acquisition of debt portfolios and debt management, finding that 40% of respondents [..]

Estonia

Estonian government approves 2025 budget bill

September 26, 2024

At an extraordinary meeting on Wednesday, the Estonian Cabinet of Ministers approved a draft 2025 national budget act. Total budget revenues in 2025 are estimated at EUR 17.7 billion, or [..]

Opinions

Economist: Estonia taking decisions which will harm economic well-being

September 25, 2024

Raul Eamets, chief economist at Bigbank, has said that economic forecasts published by the Bank of Estonia on Tuesday show that the government’s economic policy decisions will reduce the economic [..]

Estonia

Swedbank: Wage growth in Estonia to slow significantly this year

August 27, 2024

Swedbank estimates that wage growth in Estonia will slow down significantly this year, as the demand for labor has decreased and the poorer economic situation of businesses does not allow [..]

Estonia

The Right: Taxing corporate profits could undermine Estonia’s e-residency revenue

August 9, 2024

Estonia’s successful e-residency program, which brought 64.3 million euros in tax revenue to the state budget last year, could be severely impacted by the introduction of a corporate profit tax, [..]

Estonia

Estonian cbank: Slowing inflation helping boost people’s purchasing power

July 8, 2024

Commenting on the latest consumer price statistics, Bank of Estonia economist Rasmus Kattai noted that slowing inflation and wage growth are helping to increase people’s purchasing power. “In June, Estonia’s [..]

Estonia

Alar Karis: Being able to find optimism top issue for Estonia’s economy today

February 26, 2024

President Alar Karis said in his Independence Day speech on Saturday that lately, negative news about Estonia’s economy stands out the most, yet he is convinced that finding necessary optimism [..]

Estonia

Estonia’s Omniva: Consolidation expected in logistics sector

February 5, 2024

Sven Kukemelk, head of the international business unit at the Estonian state-owned postal service and logistics company Omniva, said that the past year was challenging in the logistics sector, and [..]

Estonia

Eurostat: Rent, housing prices in Estonia have tripled since 2010

January 15, 2024

According to Eurostat, both rent and housing prices in Estonia have more than tripled between 2010 and the third quarter of 2023, which is also the highest indicator in the [..]