PROGRAM

The last decade has been challenging for the European economy, with a growing gap with America and declining attractiveness to investors. The presentation by the president of BusinessEurope, representing millions of European employers, will reveal what is undermining Europe’s competitiveness and what could wake it up.

Recent years have been defined by crises, the war in Europe, and growing uncertainty, with the coming years set to bring further changes, including a new administration in the USA and China’s growing influence in the East. The discussion will explore the challenges and opportunities that lie ahead for Estonian entrepreneurs and leaders, and how leading local entrepreneurs are preparing for this evolving landscape.

The owner of Estonian Cell, the largest electricity consumer in Estonia, explains what makes the Estonian economic environment stand out in international competition compared to other countries and identifies the key shortcomings and opportunities for improvement.

Estonia is no longer a low-cost production hub. The discussion will explore the factors driving entrepreneurs to embrace innovation for growth and value-added development, and how to leverage and commercialise cutting-edge scientific advancements in business.

Confidence among Estonian people and entrepreneurs is notably lower compared to the neighbouring region. The discussion will explore how trust in the state and the outlook for the future impact the economy, and propose ways to boost this confidence.

The third consecutive year of economic decline indicates that maintaining current practices is insufficient to reverse the downward trend. Waiting for change is not a viable option. What decisions must the state and businesses make to drive change in the economy?