28.02.2013 Nordic-Baltic Cluster-to-Cluster conference and matchmaking, 9-10 April 2013 in Copenhagen, Denmark

Baltic Sea Region International Cluster-to-Cluster Matchmaking and Conference…..

….is a conference dedicated to matching clusters (and SME networks) in the Baltic Sea Region with each other, and support them in finding relevant funding for international activities. This two-day event gives both insight into funding schemes dedicated to clusters (such as BSR Innovation Express) and a unique opportunity to establish international collaboration with other clusters.

27.02.2013 EU-Central America: Breaking ground - A first bi-regional relations agreement takes shape - The EU’s Association Agreement with Central America is a comprehensive instrument that addresses political dialogue, free trade and cooperation. These three complementary components are the driving force of this new generation compact, the first region-to-region instrument for both Europe and Central America. It is also the logical next step in the evolution of our long relationship.

27.02.2013 Finland might follow Estonian income tax system

Estonian income tax system is not perfect, but its principles are right, finds the recently elected Undersecretary of State of the Finnish Ministry of Finance in the cover story of Finnish paper Kauppalehti on 21.02.2013.

24.02.2013 Record number of new companies established in 2012

In 2012, nearly 18,600 new companies were established in Estonia, which is 800 more than a year earlier. Increase in the number of new companies is a clear indication of higher entrepreneurial activity among Estonians as well as improved business environment.

20.02.2013 Entrepreneurs expect the state to develop a systematic entrepreneurship strategy

Ministry of Economic Affairs and Communications is working on Entrepreneurship Growth Strategy 2014-2020. The Ministry’s vision is to integrate innovative and reliable Estonian entrepreneurs to international business environment; and to develop a public sector that supports entrepreneurship and competitiveness.

14.02.2013 Estonia could become a transport partner for India

Estonian Chamber of Commerce and Industry’s business delegation of 25 entrepreneurs accompanied Estonian Foreign Minister Mr. Urmas Paet during his visit to India and Sri Lanka. The majority of entrepreneurs participating in the delegation represented logistics companies.

01.02.2013 Information Day: Entering developing markets with the help of the World Bank

The International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) want to help Estonian companies explore business opportunities in developing markets.

31.01.2013 Brokerage events at CeBIT and Ecobuild fairs

31.01.2013 Chamber opposes planned Tourism Act amendments

The Ministry of the Interior is planning to amend the Tourism Act, among other changes, the new regulation would establish an obligation for accommodation establishments to forward personal data of guests to the database of law enforcement authorities. By now the Chamber has submitted its opinion on the planned changes to the Ministry, opposing such changes.

31.01.2013 Several new legal acts enter into force

30.01.2013 Estonian Businesses' Confidence Regarding Growth Near World Average, Study Finds

ERR - As a part of a global study presented at Davos this week, PWC surveyed Estonian companies and found 70 percent aim to raise salaries roughly five percent this year. Companies' optimism regarding business growth is just below the global average.

10.01.2013 Due to the pressure from the Chamber, the Tax and Customs Board of Estonia gave up the plan of permanent control of the daily transactions of companies

Marek Helm: control of companies must become more efficient

Due to the pressure from the Estonian Chamber of Commerce and Industry, the Tax and Customs Board of Estonia gave up the plan of permanent control of the daily transactions of companies. The idea to control each and every purchase transaction of companies via a computer system was taken off the table due to opposition of the Chamber of Commerce. Furthermore, the head of the Tax Board confirmed that the second idea that aims making the control stricter – the database planned for the fight against black labour force, will be introduced already next year. Entrepreneurs will have to register their employees at the Tax Board already before they start working.

04.01.2013 Retailers, Service Providers Excelled on Stock Market in 2012

ERR - In terms of share value, the past year was a good one for companies listed on the Tallinn stock exchange, an equity analysis specialist for a leading bank has said.

04.01.2013 2012 Tax Revenues 2.3% Over Target, Says PM

ERR - The state's tax revenues for last year were better than expected, coming in at 2.3 percent above what was planned in the national budget, Prime Minister Andrus Ansip has said.

02.01.2013 Changes in the price list

The prices of the services of the Estonian Chamber of Commerce and Industry have changed from 1 January 2013.

06.12.2012 Demand for Export Grant Exceeds Availability

ERR - Enterprise Estonia said it will have to stop accepting applications for export development grants from tomorrow due to pending applications exceeding the allocated budget.

06.12.2012 Government to Say 'No' to Nord Stream

ERR - The government decided at a Cabinet meeting to turn down Nord Stream's bid to conduct marine surveys in Estonia's exclusive economic zone.

20.11.2012 Moody's Affirms Estonia's A1 Rating

ERR - Moody's Investors Service on November 16 affirmed Estonia's A1 government bond rating and stable outlook, citing both the strength of the economy and the state's fiscal responsibility.

20.11.2012 SEB Raises 2012 GDP Forecast to 3.1%

20.11.2012 Estonian, Finnish Ministers Seek 'Unified Startup Region'

ERR - Estonian and Finnish ministers attended a meeting in Helsinki on November 19 between the two countries’ research and development councils.

15.10.2012 Ansip: Estonia to reach 75% of EU average wealth by 2020

15.10.2012 Businesses furious over government’s plan to increase indirect taxes

01.10.2012 New Baltic Fund to Inject Millions of Investment Capital

ERR - The European Investment Fund and the Baltic countries are today signing a deal to establish a 100-million-euro investment fund.

01.10.2012 Minister Comments on Next Year's Electricty Prices

ERR - Prompted by media reports of huge price increases due to come when the nation's electricity market fully opens up on January 1, Economic Affairs Minister Juhan Parts has recommended that consumers wait a little longer before choosing their electricity supplier.

25.09.2012 Estonian Internet Freedom Places First in the World

ERR - For the third straight year, Freedom House's recent survey indicates Estonia has the greatest internet freedom in the world.

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