PM to discuss investments in Estonia with Finnish entrepreneurs

  • 2019-01-15
  • BNS/TBT Staff

TALLINN - Estonian Prime Minister Juri Ratas is scheduled to meet with Finnish entrepreneurs in Helsinki on Tuesday to discuss investments in Estonia.

The meeting will be attended by 21 entrepreneurs active in the field of electronics, trade, industry and real estate. Most of them already operate in Estonia, spokespeople for the government said.

Finland is one of Estonia's main trading and economic partners.

"Trade between Estonia and Finland is on the rise and the number of joint enterprises is increasing. Meanwhile, there is potential for even more. We wish to contribute to Finnish entrepreneurs' investments in Estonia when they are looking to expand their operations or make use of the existing technological solutions. Thus, it is important to jointly address the issues troubling them and to try to come up with some solutions," Ratas said.

In 2017, Finnish businesses registered in Estonia numbered around 6,000. Nearly one quarter of foreign direct investment to Estonia comes from Finland. 

Estonia's main exports to Finland include electronics, engines, telephones, cables, metal products, furniture and wooden buildings. From Finland Estonia mainly imports machinery, means of transport and metals.

The prime minister's meeting with Finnish entrepreneurs is organized by Enterprise Estonia in cooperation with the Estonian embassy in Helsinki.