Swedish firms have high opinion of Estonian business climate

Swedish companies have a high opinion of the Estonian business climate, a business climate survey of the Baltic countries, Russia, Ukraine and Poland made by the Swedish Trade Council shows. In the opinion of Swedish companies, the Estonian business climate favours entrepreneurship and foreign investments. Its logistical and geographic proximity to Sweden, comparatively similar culture, and well-functioning legal and financial systems are further advantages. Swedish companies found that it is easy to establish a company in Estonia, but on the negative aspect pointed out the lack of skilled labour in certain spheres and shortage of investments into long-term business development, science and research as well as marketing.