Volume of Estonian Security Market Over 2 Billion in 2007

The aggregate volume of the security services market in Estonia amounted to 2.1 billion kroons in 2007.

The turnover of guarding services accounted for 0.9 billion kroons of the total. Installation and maintenance of security equipment contributed 0.6 billion kroons, the industry body said.

The turnover from other security services, including transportation of money and valuables, consultations, express delivery services and public services, totalled 340 million kroons.

The year-on-year growth in the sale of security services and products was 26 percent, which has been relatively stable in the last few years. In guarding services a growth of 16.5 percent and in equipment installation and maintenance 33.3 percent were recorded.
There are around 6,000 security workers in Estonia at present. Last year 1,026 new jobs were created. The average salary in the sphere of security increased by 27.5 percent in 2007.

Source: Estonian Review

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