Mobile payments for free-time fishing

Free-time fishers have had the possibility to pay for the right to fish for recreation with mobile payments for a year already, which had significantly simplified the process of receiving the right for recreational fishing. “Earlier it was possible to pay for the recreational fishing right on the internet or in a bank, whereas from [...]

Enterprise Estonia supports technology investments with 20 mEUR

The Enterprise Estonia Foundation gave 315 million kroons (EUR 20 mln) of support to the technology investments of 39 industrial companies.
Nearly 170 companies filed applications in the second round of technology investment subsidies, applying for a total subsidy of 900 million kroons.
Enterprise Estonia gave the biggest sum of investments, more than a hundred million kroons, [...]

SmartPost to sell its self-service post-office pack to Italy

When the state-owned Estonian Development Fund announced about a year ago that it will make its first seed investment into “self-service post office” solution provider SmartPost some people were truly amazed, the others kind of dissapointed.
They doubted if that qualifies of being “Estonian Nokia” everybody were looking for.
But now, a year later, SmartPost business idea kind of make [...]

Competence centers got billion kroons

On 3 June, President Toomas Hendrik Ilves gave over the investment decisions of Enterprise Estonia to eight competence centres, to whom the biggest support of the Estonian history for the development activities of the companies is allocated. The amount of the grant to be financed by the European Regional Development Fund is approximately total of [...]

Company insulates houses with lamb wool

Rewool, a company that spins yarn and knits, started to use domestic lamb wool to insulate houses, Vooremaa writes.
Only half of Estonian lamb wool is suitable for making sweaters and therefore they got an idea to use the other half to insulate houses, Evi Petser, the CEO of Rewool said.
Currently the company has insulated three [...]

Sales of self-scanning systems to retail sector increased

New Vision, the leading provider of information technologies for retail in Baltic States, reached 11,1 million euro of consolidated revenue. It is 17 % more than in 2007.  In year 2009 New Vision recommends for retailers not to save blindly but to  select those investments, which has a clear short term ROI.
In 2008 retailers were [...]

Russian astronauts use Estonian medical device

There’s a pretty good chance that the Russian Federal Space Agency will soon pack in an Estonian medical device Myoton when sending their astrouauts into space. For a bizarre reason: astrounauts are lazy and cannot be bothered to do excrsises. Myoton makes their life less complicated out there in deep space, IT and innovation news [...]

How intelligent can your house be?

Imagine your house being really smart one day.  Almost as smart as you! Not only it would be extensively “furnished” with sensors and easy-to-use as your cappuccino machine, but it would also think independently. And realize what are you comfortable with. That’s Yoga’s dream, writes IT and innovations news website TigerPrises.com.
Reduce costs by 50%
Yoga is an Estonian undertaking that develops self-learning [...]

Mobile phone as a boarding pass

Estonian national carrier Estonian Air plans to start offering a new service allowing passengers to check in to flights by using their mobile phones, writes Äripäev.
“The main obstacle is that for security reasons it has not been allowed to use the barcode on the mobile phone as a boarding pass until now. If the aviation [...]

Estonia has the biggest rise in R&D in EU after Cyprus

According to Statistics Estonia, during years 2001–2007 the average growth rate of the research and development intensity for Estonia was 8%, which places Estonia to the second position among the European Union countries.

In the research and development (R&D) intensity growth ranking table of the EU 27 countries Cyprus was leading with 10% and Estonia was [...]