New Wave of IT Companies Probing Estonian Market


A number of up-and-coming IT companies are examining Estonia as a possible ground for expansion, and could create hundreds of jobs in the IT sector.

Jon Roskill, head of Acumatica and Eilert Giertsen Hanoa of Visma told Delfi on Monday that they are looking at a number of locations for expansion, and Estonia left a good impression due to its proximity to Scandinavia and Russia, a good education system, and general language skills.

Roskill said his company is looking for an alternative to the company's Moscow office, and Estonia is ideal as it would bring along Russian employees, who would fit in well in Estonia.

Roskill said his company, if Estonia is chosen, would begin with 60 jobs, Hanoa said Visma is also planning 50 to 100 jobs, with a high pace of growth in staff numbers in the next few years, adding that they could either begin from scratch or buy existent IT companies.

Visma is Scandinavia's largest IT service developer, with an annual turnover closing in on the billion-euro barrier.

Source: ERR