Investing in Estonia

Estonia, a 2004 European Union entrant, has a modern market-based economy and one of the higher per capita income levels in Central Europe and the Baltic region. Estonia's successive governments have pursued a free market, pro-business economic agenda and have wavered little in their commitment to pro-market reforms. The current government has followed relatively sound fiscal policies that have resulted in balanced budgets and very low public debt. The economy benefits from strong electronics and telecommunications sectors and strong trade ties with Finland, Sweden, and Germany. Tallinn's priority has been to sustain high growth rates - on average 8% per year from 2003 to 2007. Estonia's economy slowed down markedly and fell sharply into recession in mid-2008, primarily as a result of an investment and consumption slump following the bursting of the real estate market bubble. GDP dropped nearly 14% in 2009, among the world's highest rates of contraction. Rising exports to Sweden and Finland lead an economic recovery in 2010, but unemployment stands above 17%. Estonia joined the OECD in December 2010 and adopted the euro in January 2011.

Arco Vara (ARC1T) - real estate
Baltika (BLT1T) - clothing
Ekspress Grupp (EEG1T) - publishing, printing and online media
Harju Elekter (HAE1T) - electrical equipment
Merko Ehitus (MRK1T) construction
Nordecon International (NCN1T) - construction
Olympic Entertainment Group (OEG1T) - casinos
Premia Foods (PRF1T) - frozen and chilled foods
Silvano Fashion Group (SFGAT) - women's apparel and lingerie
Tallink Grupp (TAL1T) - shipping
Tallinna Kaubamaja (TKM1T) - retail
Tallinna Vesi (TVEAT) - water utilities
Trigon Property Development (TPD1T) - real estate
Viisnurk (VSN) - furniture

Bank of Estonia -
Tallinn Stock Exchange -

Estonia Investing News
2011-09-06 - (im) - Estonia shows interest in phosphate development
2011-07-25 - (bl) - Baltika of Estonia second-quarter loss narrows on lower costs

Countries that border Estonia: Latvia | Russia

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