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TALLINN – CITY for MODERN BUSINESS

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Presentation on theme: "TALLINN – CITY for MODERN BUSINESS"— Presentation transcript:

1 TALLINN – CITY for MODERN BUSINESS
MART REPNAU Business Development Manager

2 GENERAL population Tallinn 404,000 Region 543,000
private sector employment 257,000 (2008) +40,000 (2004–2008) -15,000 (Jan-Sep 2009) active companies ~25,000 share of Estonia’s GDP Tallinn 51% Region 61%

3 INCREASE OF EMPLOYMENT
2000–2006 in businesses registered in Tallinn: 197,369  257,067 = +59,698 2000/ 2001/ 2002/ 2003/ 2004/ 2005/ 2006/ 2007/ 2004–2008 in businesses registered in Tallinn: 216,640  257,067 = +40,427 (National Tax Office )

4 EMPLOYMENT GROWTH & SALARIES
Employment & average salaries in business enterprises registered in Tallinn, by field of activity, 2007 No of employees Av. salary EEK per month = 100 H1 2007 Wholesale & Retail Trade Real Estate & Bus. Services Manufacturing Transp. & Communication Construction Hotels & Restaurants Finance (National Tax Office 2008)

5 CHANGES IN SOCIAL STATUS
In 2004 – 2008 in Tallinn Age 16 to retirement persons Inactive ,100 persons Unemployed ,600 persons Labour force +12,800 persons = ,100 Employed ,400 persons = , ,600 employment increase = decrease of unemployed + inactive = lower qualification and temporary jobs (National Tax Office 2008)

6 INFLOW of CREDITS Data of credit institutions, 2005–2008 bn EEK
Loan portfolio incl Estonian loans Client deposits incl Estonian clients Loan-deposit ratio 132% 144% 168% 180% Estonian % 274% (Financial Supervision Authority )

7 Source: Harjumaa Development Plan 2013
HARJU COUNTY 1999 – 2008 Source: Harjumaa Development Plan 2013

8 AREAS of EXCELLENCE Tourism (culture, conference, incentive)
Logistics (from transit to distribution centres) Engineering (machinery, equipment, tools) ICT (services & applications, integration) Finance (tradable services)

9 LOGISTICS in business since 1284

10 fur and wax  West; salt, herring, metal and fabric  East
AD 1556 ~21,400 tons of salt AD ~20 employees AD 2008 29 mln tons of cargo incl. 181,000 TEU AD 2009 ~500 employees

11 MUUGA CARGO PORT & INDUSTRY PARKS

12 LOGISTICS PARKS & NETWORKS


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