According to Emerging Europe’s investment promotion survey, Estonia is setting high standards, aware that its national brand is increasingly powerful.
“Other countries have made leaps in development, but our great team works on a daily basis to stay ahead – to attract investments to Estonia that will help us implement both, the green and digital transition, and create new, innovative solutions. These smart solutions and smart people have brought us this recognition,” says Joonas Vänto, the Director of Estonian Investment Agency (Invest Estonia). “Our goal is to help investors to the maximum – to fully support them in their investment journey and to establish contacts with potential partners,” he notes.
Constant work to stay ahead
To gain attention and win new opportunities from serious investors, today’s investment promotion agencies must find a way to stand out from the crowd. The Estonian Investment Agency has several times set the standard for other investment promotion agencies in the region to follow. With innovative and creative solutions, coupled with bold and strategic decisions, the Estonian Investment Agency has gained recognition and won several awards and international attention.
“Invest Estonia has always been working to maintain its good reputation and attract more and more investments to the country, which will help create high-paid jobs and develop our business landscape. In recent years, our agency’s digital solutions have won many international awards, and we have set an example for Europe and the world,” Vänto says.
The Estonian Investment Agency has been included in IRCAI’s (The International Research Centre in Artificial Intelligence under the auspices of UNESCO) list of 100 most promising artificial intelligence solutions for the benefit of humanity.
In 2020, Invest Estonia was awarded the United Nations Investment Promotion Award as, according to the U.N, the agency showed readiness, innovation and excellence in supporting the evolving needs of investors during the COVID-19 crisis.
In addition, the agency has received Site Selection Magazine’s Top Investment Agency of the region award three times and won several marketing and public relations awards, most recently a Golden Egg.
25% rise in investments facilitated in 2021
In 2021, the Estonian Investment Agency facilitated 194 million euros of foreign direct investment to Estonia, which contributed to the creation of over 1,600 high added value jobs across the country. Compared to 2020, the CAPEX figure has risen by nearly a quarter and the number of jobs doubled.
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