Business In
Estonia
MONIQUE WILLIAMS, HANA HUSKOVIC, GARTAY
ALFRED, AND BRANDON OLIVERA
Table of Contents
SOCIOCULTURAL ENVIRONMENT……. GARTAY ALFRED
ECONOMICAL ENVIRONMENT …….....HANA HUSKOVIC
POLITICAL ENVIRONMENT ………….BRANDON OLIVERA
LEGAL ENVIRONMENT ………………MONIQUE WILLIAMS
Did You Know?
Where Is Estonia Located ?
Estonia is located east of the Baltic
Sea, west of Russia and north of
Latvia (Estonia, 2014).
Sociocultural
Environment of
ESTONIA
The Importance of
Culture
Initial steps to conducting business in Estonia
1.
Realize that other cultures exist besides your own (develop an open mind for different cultures)
2.
Participate in a program detailing main characteristics of the culture (Ball et al., 2013)
General Information of
Estonia
Located: “Eastern Europe, bordering the Baltic Sea and Gulf of Finland, between
Latvia and Russia” (Estonia - Language, Culture, Customs and Etiquette, 2014, para. 1).
Capital of Estonia: Tallinn
Climate: ”Maritime, wet, moderate winters, cool summers” (Estonia - Language,
Culture, Customs and Etiquette, 2014, para. 3).
Heaviest rainfall in the summer and lightest rainfall in the spring
Population: 1,282,963 (est. 2011)
Migrants:
365,000 (est. 2000)
Ethnic groups: Estonians 68.7%, Russians 25.6%, Ukrainians 2.1%, Belarusians
1.2%, Finns 0.8% and others 1.6%. Non-Estonians reside in northeastern industrial towns, while 80% Estonian reside in rural areas.
(Estonia - Language, Culture, Customs and Etiquette, 2014)
(Estonia, 2012)
Language and Religion
Languages in Estonia:
Official language: Estonian
(1.1 million people)
It is a Finno-Ugric language
Influenced by Russian,
Latvian, German, and
Swedish languages
Religions in Estonia:
Evangelical Lutherans
13.6%
Orthodox Christians
12.8%
34% unaffiliated
Methodists, SeventhDay Adventists, Roman
Catholics, and
Pentecostals 1.4%.
HOILDAYS
(Estonia, 2012)
(Estonia - Language, Culture,