Estonia: Government to support large-scale export projects

The Estonian government has agreed to provide EUR 160mn of state support for large-scale export-oriented investments in Estonia over 2025-2028, ERR reports. Economy and Industry Minister Erkki Keldo said that the support mechanism was aimed at regaining Estonia’s competitiveness in attracting investors to knowledge-intensive sectors of the economy. The scheme will be managed by the Estonian Business and Innovation Agency (EISA). Eligible projects will have to include investments of at least EUR 100mn and create at least 100 jobs. First payments under the scheme are due to start in 2026. Keldo expects that the mechanism will fund two projects per year on average.