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Business Environment

Foreign-owned companies

70 companies belonged to foreign owners in 2012. The biggest of these are linked to major FDI in the county. The largest foreign-owned companies operate in the manufacturing industry and their output is exported. These are Enerpoint Saare OÜ (electronics industry), AS Luxury Yacht (small craft construction), Trelleborg Industrial Products Estonia OÜ and OÜ Merinvest (rubber details), Ionix Systems OÜ (wiring systems), and Saare Frydendahl OÜ (fishing nets).

Sales revenues

Are more than EUR 530 million per year, of which approximately one third is exported. There are 250 exporting firms.

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Saaremaa Development Center

IMPORTANT: The office of SA Saare Arenduskeskus has been temporarily closed due to an emergency situation and physical client meetings have been canceled. All services will continue via e-mail, telephone and online solutions (Skype, etc.). Trainings and seminars have been postponed and we will share information about them on an ongoing basis.

More info: info@sasak.ee

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