Technology

International Internet Magazine. Baltic States news & analytics Wednesday, 19.02.2020, 01:35

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Estonian startups' FY turnover climbs in 9% in 2019

Estonian startups' FY turnover climbs in 9% in 2019

17.02.2020

Estonian startups generated a record 395.4 million euros in turnover in 2019, 9% more than in 2018, while the amount of money paid by the startups in state taxes soared 35% to 81 mln euros, reported LETA/BNS.

Keyword tags: Analytics, Estonia, Good for Business, Innovations, Investments, Technology



Commercial registers of Estonia, Finland start digital data exchange

Commercial registers of Estonia, Finland start digital data exchange

17.02.2020

The commercial registers of Estonia and Finland on Friday started exchanges of data over X-Road, which enables the two registry keepers to make inquiries to each other via their respective X-Roads, reported LETA/BNS.

Three more weeks for Latvian entrepreneurs to apply for PowerUp! Challenge organized by EIT InnoEnergy

Three more weeks for Latvian entrepreneurs to apply for PowerUp! Challenge organized by EIT InnoEnergy

13.02.2020

Only three weeks - until March 6 - Latvian entrepreneurs, including start-ups, small and medium-sized enterprises and scale-ups, have the opportunity to apply for the PowerUp! Challenge competition hosted by EIT InnoEnergy.


Estonia joins Nordic e-Infrastructure Collaboration initiative

Estonia joins Nordic e-Infrastructure Collaboration initiative

12.02.2020

Estonia on Tuesday concluded an agreement to join the Nordic e-Infrastructure Collaboration (NeIC), which gives Estonian research infrastructures the possibility to maintain and enhance their competitiveness and engage in greater international cooperation, informed LETA/BNS.

Number of Estonian startups exceeds 1,000 mark

Number of Estonian startups exceeds 1,000 mark

10.02.2020

The number of startups registered in the Estonian Startup Database now exceeds the 1,000 mark, having doubled year over year, reported LETA/BNS.


06.02.2020

Solutions dictated by the need for IT professionals: from non-formal education to corporate academies

The growing demand for IT specialists is heating the market not only in the world or Lithuania, but also in Kaunas. In order to prevent the limited supply of skilled workers from becoming a barrier to development and growth, companies are taking a variety of decisions. Nowadays they start looking for talent not in universities but in high schools. However, an equally important factor - the retraining of adults - brings some fresh perspectives and pushes companies to look at the shortage of professionals in a different way.

05.02.2020

Estonian tech startup Xolo involved in a intellectual property dispute

Estonian police searched the offices of tech startup Xolo, which Rimuut OU, a company with a Turkish background, is accusing of intellectual property theft, the daily Postimees writes. However, Xolo CEO Allan Martinson says Rimuut's accusations are unfounded and not based on facts.

05.02.2020

New version of ID software enables digital signing with Smart-ID

With the new version of the DigiDoc4 ID software, documents can be signed in addition to the electronic ID-card and Mobile-ID also with Smart-ID, the Estonian Information System Authority (RIA) informed LETA.

31.01.2020

Enterprise Estonia to launch EUR 19 mln Estonia-Norway cooperation program

Enterprise Estonia (EAS) on Feb. 1 is to open a round of applications for the main grant scheme of the Estonia-Norway cooperation program "Green ICT", the total budget of which is 18.8 mln euros, iformed LETA/BNS.

31.01.2020

Latvia: Health Ministry to seek extension of e-health project

The Health Ministry will ask the government to extend the deadline for the e-health project, Health Minister Ilze Vinkele's (For Development/For) spokesman Edgars Skvariks told LETA.

30.01.2020

TechChill pitch competition Fifty Founders Battle semifinalists announced

TechChill is a meeting place for new and aspiring startups and acknowledging that, TechChill is continuing to offer stage time for fifty most promising startups from the Baltics, Nordics and beyond during the Fifty Founders battle. This year 50 teams from 20 countries are competing for the main prize - 10 000 EUR with no strings attached, the fast track to Silicon Vikings Startup World Cup Finals in San Francisco, advertisement place in Forbes, AWS credits and more. Fifty lucky teams that will pitch their idea on TechChill stage have been announced.

28.01.2020

Renewables in EU: the Baltic States’ progress

The EU's target is to reach 20 per cent of its energy from renewable sources by 2020 and at least 32% by 2030. Among the EU-28 states, 12 countries have already reached a share equal to or above their national 2020 binding targets: Bulgaria, Czechia, Denmark, Estonia, Greece, Croatia, Italy, Latvia, Lithuania, Cyprus, Finland and Sweden.

28.01.2020

Estonia: Fermi Energia signs 2 nuclear plant project cooperation agreements

Estonian energy company Fermi Energia on Tuesday signed cooperation agreements with Finnish energy company Fortum and Belgian engineering company Tractebel to launch closer cooperation in the framework of Fermi Energia's small module reactor implementation project, informed LETA/BNS.

27.01.2020

Sustainability through digital means: inherent connections

Modern revolution in national growth patterns, ignited by the digital agenda, affected almost all spheres of socio-economic development. Global and European actions in sustainability are playing an active role: e.g. SDGs in the UN and several EU steps including digital economy-society and sustainability strategies. These aspects of modern growth are going to define the member states’ progressive development.

27.01.2020

Latvia`s Tele2 invests EUR 1 mln in regional base stations' connections to optical network

Latvia's Tele2 mobile operator has spent EUR 1 million connecting its 4G base stations to the optical network, thus boosting the 4G network's capacity roughly tenfold, the company's spokesman Oskars Firmanis informed LETA.

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