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Technically the most advanced sub-sector in the machinery and metalworking industry in Estonia.
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Estonian toolmaking enterprises supply market leaders like AEG, Osram, Electrolux, Tyco Electronics and many more.
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The toolmaking industry in Estonia has a long history, dating back to 1912.
Toolmaking is a business area that is presently considered highly developed in Estonia. The companies in the market are small, yet specialized and focused on high-quality products. The sector is mostly dominated by local enterprises. However, foreign investors can also be found.
Some examples of the products of Estonian toolmaking companies: injection molds, high precision tungsten carbide dies, plastic molds, blowing molds etc.
Estonian toolmaking companies subcontract for the automotive industry, electronics, the medical industry, telecommunications and many other industries. Some more widely known export markets for the toolmaking sector are Sweden, Finland, Germany and Denmark.
In 1992 the Estonian Special Tooling Association (ESTA) was established as a subsidiary organization within the Federation of Estonian Engineering Industry. The association is a voluntary alliance for solving common problems of the special tooling industry. Today, clear steps are being taken towards formulation of an informal cluster of manufacturing in the toolmaking sector. The cluster works in cooperation with the Federation of Estonian Engineering Industry, and it helps to allocate and use resources, as well as knowledge, in a more efficient way.
Strenghts of Estonian engineering labour pool
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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.
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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.
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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.
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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.
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Multi-skilled workforce: Estonia's engineering talent pool can also support areas which require expertise in technology and renewable energy in particular.
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Access to multi-lingual pool: A high proportion of engineering professionals are multi-lingual.
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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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To find out more, please contact:
Mr. Nadim Taoubi Investment project management services Phone: +372 627 9432
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