Skilled labour force and customer specific solutions provide extra value for customers and shareholders.
Lower level of bureaucracy and well-developed digital infrastructure make doing business easy.
Estonian companies subcontract for automotive companies like Volvo, Scania, MAN, Daimler and Ford.
There are ca 80 companies with 5 500 employees active in this sector and the production volume was ca EUR 456 Million in 2008.
The sector is dominated by small and medium-sized companies. There are many companies established in joint venture with foreign investors, and examples of subsidiaries of large international corporations can also be found, e.g. ABB. Several foreign investors are from Scandinavia and Germany, taking advantage of the close location, a well-developed transport system and lower manufacturing costs. That is why the main export markets are also Sweden, Finland and Denmark.
The most common products are power products, power systems, automation products, process automation, robotics, cable harnesses, thermo-regulators, power supply units, remote control devices, bus information panels, detectors, battery assemblies, power supplies, man-machine interface products, electronic control units, sensors and several other products.
Strenghts of Estonian engineering labour pool
Deep supply of talent: Estonia offers a broad range of talent and engineering excellence, to accommodate both legacy disciplines and emerging areas of expertise. Flexibility and an adeptness to respond to change are strong characteristics.
Rich level of experience: The industry demonstrates the ability to retain talent as well as inject fresh skills into the sector. This will particularly facilitate investors looking to recruit staff at middle management level and upwards.
Age profile assures long-term supply of talent: The Engineering sector has a healthy supply of young talent. Talent supply and retention in Estonia is extremely strong compared with the national average.
High levels of education: Government support at vocational level is strong within Engineering. Equally, the number of graduates coming through the education pipeline and entering the sector remains encouraging.
Multi-skilled workforce: Estonia's engineering talent pool can also support areas which require expertise in technology and renewable energy in particular.
Access to multi-lingual pool: A high proportion of engineering professionals are multi-lingual.
Estonia has a vast supply of unexploited talent: The intensity of engineers in Estonia accounts for 14 per cent of the total working population. There are an additional 47,000 workers with relevant Engineering skills available, which can facilitate quicker start-up times for investors.
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Ms. Ele-Merike Pärtel
Investment project management services
Phone: +372 627 9526