Estonia overview

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In Estonia we focus on:

Supporting investments in energy efficiency and renewable energy. Supporting energy efficiency investments particularly in industrial companies as well as investments in renewable energy generation continue to be the EBRDs key priorities in Estonia.

Improving the competitiveness of the export sector. To assist in improving exporting enterprises competitiveness through increased usage of advanced technology and to invest in equity and mezzanine funds in order to facilitate further development of the SME sector.

Supporting cross-border investments by Estonian companies, particularly in the EBRD’s region of operations, to enable Estonian firms to establish a foothold in foreign markets and benefit from efficiencies that access to larger markets would bring.

Estonia is a supporter of the Eastern Europe Energy Efficiency and Environment Partnership Fund and has contributed €602.000 to date in activities in Belarus, Ukraine, Georgia and Moldova.

The EBRD’s latest strategy for Estonia was adopted on 15 September 2021

Estonia's policy response to the coronavirus crisis

The EBRD is monitoring Estonia's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.

Learn more

Current EBRD forecast for Estonia’s real GDP growth in 2022 4.5%

Investment picked up sharply in the final quarter of 2020 and the first quarter of 2021 year-on-year, by 71 per cent and 55 per cent, respectively. It was mostly on the back of substantial investments in dwellings, transportation equipment, buildings and infrastructure, and machinery and equipment, including a large investment into software by VW Group.

Estonia in the EBRD’s 2020-21 Transition Report


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