Estonian start-up stories by Toivo Tänavsuu
Cleveron, which provides modern parcel post logistics solutions, is thinking about being listed on stock exchanges in order to implement its expansion plans. Cleveron, which operated the network of SmartPost parcel machines until last summer, has found exciting challenges in a number of European countries, including Russia, Finland, the Czech Republic and Slovakia.
Estonian state-funded VC, Estonian Development Fund promises to double its investments portfolio by the end of 2010. Ten new investments into technology companies are currently in pipeline, with total amount of money to be invested reaching over 50 million EEKs (3,2 million EUR). Estonian Development Fund was established few years ago. Benchmarking the Finnish SITRA model [...]
In: Companies
29 Aug 2009From September the Association of Estonian E-commerce will start giving out quality marks for trustworthy e-shops. According to Sirja Mäekivi, head of the association, the goal of the quality mark is to certify e-shops and build trust between the shops and consumers. The quality mark will show that the shop is not failing its customers, the owners [...]
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 [...]