Overall, the business climate in Estonia is characterised by free business and trade in alignment with EU practices. Many companies are subsidiaries of European, particularly Scandinavian, firms.
There are no significant service or industry sectors where a monopoly has been created, except for some important infrastructure services (railways, ports, the national airline, power stations and energy transmission) that are provided by fully or partially state-owned companies or groups which effectively enjoy a monopoly. However, large stakes in some of those companies may be sold to strategic investors in the future.
Throughout the period of regained independence, the economic and fiscal policy of the government has mostly been aimed at achieving long-term economic growth.
Most investment and business is concentrated in Tallinn and its surrounding areas like Keila etc.
The government has voiced its concern for small enterprises and export industries as well as for agriculture. In this respect the most important action taken on the part of government was an alignment of policies, institutions and standards with EU norms, to enable participation in financing from EU structural funds. This has facilitated standards closer to the western European level, though there is still much to achieve.
HARJU KEK AS
American Chamber of Commerce Estonia
Bank of Estonia
Estonian Chamber of Agriculture and Commerce
Estonian Chamber of Commerce and Industry
Estonian Employers’ Confederation
Estonian Institute of Economic Research
Estonian Italian Chamber
Estonian Ministry of Foreign Affairs
Estonian Tax and Custom Board
Estonian Unemployment Insurance Fund
German-Baltic Chamber of Commerce in Estonia, Latvia, Lithuania
Ministry of Economic Affairs and Communications
Spanish-Estonian Chamber of Commerce
Statistical Office of Estonia
Swedish Trade Council in Estonia
Swedish Chamber of Commerce in Estonia
The British-Estonian Chamber of Commerce