fDi Magazine has ranked Estonian capital Tallinn second in Europe in economic potential just behind Luxembourg and ahead of Paris and London.
Äripäev wrote that fDi that is part of the Financial Times Group ranked Vilnius 8th and Riga 9th by economic potential.
By separate categories, Tallinn was 9th by cost effectiveness and third among small European cities behind Edinburgh and Cardiff. In the “Top 25 most attractive areas for FDI”, Tallinn came sixth behind London, Flanders, Paris, Leipzig and Wallonia. In the overall ranking Top 50 European Cities Tallinn was 11th.
During the summer of 2007, fDi magazine sent questionnaires to more than 1000 cities and regions across Europe.
Cities and regions were ranked by such judging criteria as costs, infrastructure, FDI, economic potential, business friendliness, quality of life and human resources.
Filed under: Foreign investment