Between EU and Russia

Estonia

Situated on a busy trade route between east and west.

One of the most successful IT countries in the world. You can start a business in Estonia and run it from abroad using e-Residency.

Modern infrastructure:

  • Railway connections
  • Connecting roads to the St Petersburg and Moscow highways
  • Cargo ports
  • International flights
  • Modern business environment

Membership of:

  • World Trade Organization
  • European Union & NATO (since 2004)
  • Schengen area (since 2007)
  • Eurozone (since 2011)

Ida-Viru County

The most rapidly growing EU-Russia border region
The most important crossing post between the EU and Russia
Home to production by well-known companies: Aquaphor, Eastman, Nitrofert, VKG Group & Silmet
Region with industrial traditions dating back to 1856 (textile factory)
100 years of oil shale production

Expand your business into Estonia’s second-largest county, located on the border of the EU and north-western Russia on the Baltic Sea. This is a favourable location for transport and logistics, offering well-developed transport connections between east and west.

80% of the population (150,000 people) live in cities
Average unemployment rate in county: 13.5% (2016)
Average wage: 903 EUR (2016).

Main infrastructure:

  • Modern energy industry
  • Modern connecting roads and Tallinn-St Petersburg -Moscow railway connection
  • Industrial parks supplied with supporting infrastructure
  • Services from the Port of Sillamäe (Silport), a rapidly developing deep-water port
  • Production of electricity and networks for both large and small consumers
  • Gas network and connections
  • Excellent Internet network and WiFi connections

Our customers point out the following advantages of localizing their production in Ida-Viru County:

  1. Located right near the border between Russia and the European Union (it only takes 2 hours to get to Saint Petersburg by car).
  2. Short terms of investment process (the period from purchasing the land plot until obtaining the commissioning certificate for the industrial building you have constructed takes 1 year on the average).
  3. Stress-free Russian-speaking environment on the territory of the EU and the trust shown by local population towards the Russian business (95% of the people living in Narva are Russian-speaking).
  4. The profit tax rate for companies is 0% (for comparison, in Latvia and Lithuania it is 15%; the implementation of a project in Estonia will allow to decrease the total cost of the project by the value that equals to the profit tax rate in any other European country).
  5. The availability of free labour force with extensive experience in industrial field (Ida-Virumaa region in Estonia is a traditional industrial area in Estonia).
  6. Competitive prices for labour force as compared to many EU countries (the level of average salary in the infustrial field in Ida-Virumaa is 700-800 EUR/month gross).
  7. The availability of all kinds of technological resources (water, heat, electricity, jne.) at the price that is much lower than in other EU countries.
  8. A simple procedure of obtaining the status of customs warehouse (which provides an opportunity to pay VAT after the dispatch of a batch of goods/raw materials from the warehouse and their import into the territory of the Customs Union. It allows to spare up to 30% of circulating assets of the company).