Business in Estonia (Course, Master)

EENI Business School & HA University



Syllabus of the Subject - Doing Business in Estonia. Tallinn.

  1. Introduction to the Republic of Estonia (European Union)
  2. Economy of Estonia: The most digital country of the EU
  3. Doing Business in Tallinn
  4. Estonian Foreign Trade
  5. Foreign Direct Investment (FDI) in Estonia
  6. The main Estonian Companies
  7. Access to the Estonian Market
  8. Business Plan for Estonia

The objectives of the Subject “Doing Business in Estonia” are the following:

  1. To analyse the Estonian Economy and Foreign Trade
  2. To know the business opportunities in the Estonian Market
  3. To analyse the trade relations of Estonia with the country of the student
  4. To know the Estonian free trade agreements as a member of the European Union (EU)
  5. To develop a business plan for the Estonian Market

The Subject “Foreign Trade and Business in Estonia” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Doctorates: European Business, Global Trade
  2. Masters: Business in Europe, International Business, Foreign Trade

Masters and Doctorates in International Business adapted to the Estonian Students

The course materials are available in Master in International Business in English + Study Master Doctorate Business in Spanish Estonia Study, Master in International Business in French Estonie Masters Foreign Trade in Portuguese Estónia.

  1. Credits of the Subject “Doing Business in Estonia”: 1 ECTS
  2. Duration: one week

European Union-South Africa Trade and Cooperation Agreement





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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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Description of the Online Subject: Doing Business in Estonia

The Republic of Estonia (Europe)

  1. Estonian Capital: Tallinn
  2. Official Language: Estonian
  3. Estonian Area: 45,228 square kilometres
  4. Estonian population: 1.3 million people (one of the less populated countries in the EU)
  5. About 25% of the population has a Russian origin, which generates tensions
  6. Type of Government: Parliamentary Republic
  7. Borders of Estonia: Latvia, Russia and Finland
  8. Independence of Estonia from the Soviet Union: 1991

Main religion in Estonia: Lutheran Protestantism (Christianity)

Estonia belongs to the Western Civilisation (European Economic Area)

Economy of Estonia.

  1. The Republic of Estonia is the European leader in Internet penetration and mobile telephony
  2. Concept of e-Residency: towards the Digital Nomades
  3. Estonia, Latvia and Lithuania are the so-called Baltic Tigers
  4. Economic recession in 2008
  5. The information technology and the electronic sector are the pillars of the Estonian economy
  6. Estonian GDP (nominal): 21,278 million dollars
  7. GDP per capita: USD 17,908
  8. Estonian Currency: Euro (2011)
  9. Estonia is a member of the European Union since 2004
  10. The Headquarters of the European Agency for the operational management of large-scale IT systems in the area of freedom, security and justice (eu-LISA) are in Tallinn (Estonia)
  11. Virtually all sectors of the Estonian economy have been privatised (except power plants)
  12. Top Estonian Industries are engineering, electronics, wood products, textiles, information technology, telecommunications
  13. Top Estonian Companies are Hansapank, Eesti Energia, SEB Eesti Ühispank, Eesti Telekom, Tallinnk Grupp, Olympic Entertainment Group, Tallinnna Sadam, Tele2 Eesti, Sampo Pank, Tallinnna Kaubamaja, Merko Group, BLRT Grupp, Elisa, Tallinnna Vesi, Transgroup Invest, Eesti Raudtee, Kunda Nordic Tsement, Viru Keemia Grupp, Falck Baltics

Estonian International Trade.

  1. 50% of the Estonian Foreign Trade is made with the countries of the European Union
  2. The main Estonian Exports are wood houses, machinery, electronics and textiles
  3. Top Estonian trading partners are Germany, Finland and Sweden
  4. As a member of the European Union, Estonia is a beneficiary of the EU Free trade agreements with South Korea, Central America, Mexico, South Africa, Egypt, Jordan, Lebanon, Ukraine, Moldova, Georgia etc

International Economic Relations of Estonia

  1. Council of the Baltic Sea States
  2. International Chamber of Commerce
  3. Organisation for Economic Cooperation and Development (OECD)
  4. World Bank
  5. European Union
  6. World Trade Organisation
  7. Economic Commission for Europe (UNECE)
  8. International Monetary Fund (IMF)
  9. United Nations
  10. Convention Relating to Temporary Admission
  11. European Investment Bank (EIB)
  12. European Bank for Reconstruction and Development
  13. International Rail Transport Committee (CIT)
  14. Organisation for Cooperation between Railways (OSJD)
  15. Group of States of the European Council Convention against Corruption (GRECO)
  16. Organisation for Security and Cooperation in Europe (OSCE)
  17. Asia-Europe Economic Meeting (ASEM)

Examples of the Subject - Foreign Trade and Business in Estonia:
Council Baltic Sea States (e-Master)

Colombia-Peru-European Union Free Trade Agreement (Course)



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