Postimees Digest, Monday, March 11

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Photo: Liis Treimann

People's Assembly to weigh proposals.

Civil society activists and experts will come together for a number of seminars between March 18 and 22 to weigh numerous proposals made on the People's Assembly website and choose approximately ten topics that deserve more thorough discussion in April. Head of the Network of Nonprofit Organizations (NENO) Urmo Kübar said that topics have currently been divided into 49 subcategories and that seminar participants will have to narrow the 1,347 proposals down to a manageable number of ideas to be discussed by 500 people come April 6.

International companies leaving Estonia.

The trend of major international companies pulling out of Estonia has picked up again as experts say optimization tends to hit the periphery first. International companies that have concluded their activities in Estonia in recent years include French waste handler Veolia Proprete, UniCredit Bank and hotel manager Scandic Palace.

Experts say that while the firms were not doing badly in Estonia, the general state of the economy favors optimization and that small markets are always first in line in those terms.

"It is also probable that a lot of entrepreneurs have come to the realization that the Baltic market is not a homogeneous one of closely integrated economies. Cross-Baltic business is a complicated thing to pursue as you need to be active in three culturally different small-scale environments," said member of the board of investment bank Superia, Henrik Igasta.

The analyst gave Estonia's high labor taxes as another reason why international companies prefer to keep their executives elsewhere. Partner at law firm Raidla Lejins & Norcous Sven Papp said that the company handled around ten cases where foreign companies decided to liquidate their offices or subsidiaries in Estonia in 2012 and that it is already working on a few such cases this year.

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