Estonia is the most northerly of the three Baltic States and is a predominantly flat country on the eastern shores of the Baltic Sea. The most important sectors of Estonia’s economy in 2012 were wholesale and retail trade, transport, accommodation and food services (22.2 %), industry (21.2 %) and public administration, defence, education, human health and social work activities (14.4 %).
Estonia’s main export partners are Sweden, Finland and Russia, while its main import partners are Finland, Germany and Sweden. It can be seen from the data below that Satsafe® represents a very significant Internet of Things (IoT) business opportunity in Estonia focussed on security and safety applications.
Geographical size: 45 227.0 km2
Population: 1 325 217 (2012)
Population as % of total EU population: 0.3 % (2012)
GDP: € 17.415 billion (2012)
Official EU language: Estonian
Political system: parliamentary republic
EU member country since: 1 May 2004
Seats in the European Parliament: 6
Currency: Eurozone member since 1 January 2011
A world of opportunity:
We are currently seeking expressions of interest from International distributors for a range of Satsafe® branded safety and security applications including geobloc.
If you are interested in acquiring the Satsafe® Master License as a business opportunity in Estonia, please contact us outlining your experience.