Estonia’s foreign-funded knowledge-based economy

  • 2012-04-04
  • By Omar Heymans
TALLINN - Long before Estonia joined the EU and the WTO, the country had steered its course towards open borders for goods, services, people and capital. Today it has become a venue for foreign investors from different countries. Low bureaucracy, a well-educated workforce, low costs and strategic geography are reasons many foreign investors mention, when describing Estonia’s investment opportunities.Several sectors are dominated by foreign companies, most notably the banking and telecommunications sectors, while the food and electronics industries also rely heavily on foreign ...
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