Debating whether Estonia remains a lucrative investment destination: joint event on our platform
Bringing Together Francophones in Estonia for an Economic Discussion
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Get ready for an insightful gathering as The Business Club for Francophones in Estonia (CAdFE) and our very own website present a conference on "Is Estonia still a promising investment destination? Examining economic resilience and growth opportunities" on 14 March 2024.
The conference topic invites us to delve into Estonia's economic future, focusing on its potential for growth in 2024 and the factors that will drive its recovery. Given the recent economic turbulence, including a significant recession in 2023 and an anticipated GDP contraction of -2.6%, the conference aims to scrutinize the country's economic path.
In this event, we will dissect critical questions like Estonia's long-term economic trajectory, the sectors that will fuel recovery, and the internal strengths that make Estonia an economically resilient nation amidst global uncertainties. This gathering serves as a fantastic networking opportunity for professionals across various industries to share knowledge and discover new avenues for collaboration.
Our esteemed panelists for the event include Thomas Padovani (founder of AdCash), Piret Muűrk-Dubout (member of the board of directors of Tallink), Andres Sutt (member of the Estonian Parliament and former entrepreneurship and IT minister), and Helery Pops (investor at Practica Capital). The event will be moderated by Silver Tambur, co-founder of our website.
The conference will take place at the stylish Mövenpick Hotel in the heart of Tallinn on 14 March, from 18:00 to 21:00, and will be held in English. Registration is mandatory.
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Estonia's Economic Landscape in 2024: A Closer Look
While the country experienced a rough start to the year with a 2.4% GDP contraction in Q1 and 1.7% in Q2, signs of recovery surfaced towards the end of 2023, with a 1.1% expansion in Q4, marking the best growth since the first quarter of 2022. This resilient performance can be attributed to the robust tech and manufacturing sectors, increased defense spending, and a resilient labor market, despite global trade tensions.
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Navigating the Uncertainties
Estonia's economy has proven its strength in the face of economic downturns, labor market challenges, global trade tensions, and external policy changes. These include a 2% corporate income tax and the abolition of personal income tax calculations, expected to improve business conditions and consumer purchasing power, while having a more significant impact starting in 2025.
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The anticipated discussions at the conference will center on the country's economic growth challenges, investment potential, and resilience factors. Professionals from different industries will come together to explore Estonia's potential for recovery, strategic sectors with growth opportunities, and the overall economic resilience in the face of turmoil and uncertainties.
- The Estonian Parliament member, Andres Sutt, will be among the esteemed panelists discussing Estonia's economic resilience and growth opportunities at the conference in Tallinn, Estonia, in 2024.
- LinkedIn users can register for the conference titled "Is Estonia still a promising investment destination?" which will take place on 14 March 2024, featuring panelists like Thomas Padovani and Helery Pops.
- In the business realm, Estonia has shown economic resilience in the face of global uncertainties, with the tech and manufacturing sectors driving the nation's growth, as demonstrated in 2023's Q4 expansion of 1.1%.
- Professionals are invited to join the conference in Tallinn in 2024 to gather knowledge about Estonia's future economic landscape and share insights on potential avenues for collaboration in the Estonian world.
- A significant economic recovery for Estonia was observed towards the end of 2023, suggesting that the country may still be a promising investment destination, as the conference theme suggests.
- The Business Club for Francophones in Estonia (CAdFE) and their website are organizing a conference in Tallinn, offering finance, business, and knowledge-focused professionals an opportunity to network and discuss Estonia's economic prospects in 2024.
