Tallinn is the financial and business capital of Estonia. The city has a highly diversified economy with particular strengths in information technology, tourism and logistics. Over half of the Estonian GDP is created in Tallinn. In 2008, the GDP per capita of Tallinn stood at 172% of the Estonian average. In addition to longtime functions as seaport and capital city, Tallinn has seen development of an information technology sector; in its 13 December 2005, edition, The New York Times characterised Estonia as “a sort of Silicon Valley on the Baltic Sea”. One of Tallinn’s sister cities is the Silicon Valley town of Los Gatos, California. Skype is one of the best-known of several Estonian start-ups originating from Tallinn. Many start-ups have originated from the Institute of Cybernetics. In recent years, Tallinn has gradually been becoming one of the main IT centres of Europe, with the Cooperative Cyber Defence Centre of Excellence (CCD COE) of NATO, eu-LISA, the EU Digital Agency and the IT development centres of large corporations, such as TeliaSonera and Kuehne + Nagel being based in the city. Smaller start-up incubators like Garage48 and Game Founders have helped to provide support to teams from Estonia and around the world looking for support, development and networking opportunities.
Tallinn receives 4.3 million visitors annually,[60] a figure that has grown steadily over the past decade. The Finns are especially a common sight in Tallinn; on average, about 20,000–40,000 Finnish tourists visit the city between June and October. The cheaper price of alcohol products in particular is one of the main reasons for Finns to visit Tallinn. Tallinn’s Old Town, a UNESCO World Heritage Site, is a major tourist attraction; others include the Seaplane Harbour of Estonian Maritime Museum, the Tallinn Zoo, Kadriorg Park, and the Estonian Open Air Museum. Most of the visitors come from Europe, though Tallinn has also become increasingly visited by tourists from Russia and the Asia-Pacific region. Tallinn Passenger Port is one of the busiest cruise destinations on the Baltic Sea, serving more than 520,000 cruise passengers in 2013. From year 2011 regular cruise turnarounds in cooperation with Tallinn Airport are organised.
Eesti Energia, a large oil shale to energy company, has its headquarters in Tallinn. The city also hosts the headquarters of Elering, a national electric power transmission system operator and member of ENTSO-E, the Estonian natural gas company Eesti Gaas and energy holding company Alexela Energia, part of Alexela Group. Nord Pool Spot, the largest market for electrical energy in the world, established its local office in Tallinn. Tallinn is the financial centre of Estonia and also a strong economic centre in the Scandinavian-Baltic region. Many major banks, such as SEB, Swedbank, and Nordea, have their local offices in Tallinn. LHV Pank, an Estonian investment bank, has its corporate headquarters in Tallinn. Two crypto-currencies exchanges officially recognized by the Estonian government, CoinMetro and DX.Exchange have their headquarters in Tallinn. Tallinn Stock Exchange, part of NASDAQ OMX Group, is the only regulated exchange in Estonia. Port of Tallinn is one of the biggest ports in the Baltic sea region, and the largest cargo port of Estonia, the Port of Muuga, which belongs to the same entity, is located in the neighboring town of Maardu. Old City Harbour has been known as a convenient harbour since the medieval times, but nowadays the cargo operations are shifted to Muuga Cargo Port and Paldiski Southern Port. There is a small fleet of oceangoing trawlers that operate out of Tallinn. Tallinn’s industries include shipbuilding, machine building, metal processing, electronics, textile manufacturing. BLRT Grupp has its headquarters and some subsidiaries in Tallinn. Air Maintenance Estonia and AS Panaviatic Maintenance, both based in Tallinn Airport, provide MRO services for aircraft, largely expanding their operations in recent years. Liviko, the maker of Vana Tallinn liqueur, strongly associated with the city, is based in Tallinn. The headquarters of Kalev, a confectionery company and part of the industrial conglomerate Orkla Group, is located in Lehmja, southeast of Tallinn. Estonia is ranked third in Europe in terms of shopping centre space per inhabitant, ahead of Sweden and being surpassed only by Norway and Luxembourg. #tallinn #tallin #estonia #mapschool #mapsolo #maps #mapas https://youtu.be/MiE-U3wEqBk