International companies negotiating to move production to Ida-Viru County (3)

The Estonian Unemployment Insurance Fund organized a job fair in Narva. April 12, 2016. (ERR)
5/2/2016 3:17 PM
Category: Business

According to Minister of Health and Labour Jevgeni Ossinovski (SDE), several domestic and international companies are in negotiations with Enterprise Estonia to move production to Ida-Viru County.

The government’s job creation support scheme for the area entered into effect on Sunday, according to which support is granted to any business that hires at least 20 unemployed currently registered with the Unemployment Insurance Fund (Töötukassa).

Ossinovski said on ETV’s “Terevisioon” on Monday that the interested companies wanted to make use of the skills available in Ida-Viru County. The minister expects at least 600 jobs to be created in the area before the end of 2017.

Teet Kuusmik of Ida-Virumaa Industrial Areas Development (IVIA) said that the companies with whom negotiations showed promise could create up to 3,000 new jobs. In total there are about 30 companies interested, three quarters of which are from outside Estonia. The businesses in question produce in the metal, wood, and plastics industries.

Editor: Dario Cavegn

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