Danish-Estonian Chamber of Commerce

Newsletter (week 10)March 7, 2011

DECC new logo

Danish-Estonian Chamber of Commerce

a non-profit organization established in 2007. The purpose of the organization is to support economic relations between Denmark and Estonia, facilitate networking and  keep the members up to date with relevant news.





 - offering banking and financial services to enterprises.


- offering export management and B2B matchmaking services.
Estonia held parliamental elections

At 22:46 yesterday evening, when 550 766 votes had been counted, the division of seats in the Estonian new parliament was as follows: Reform Party 33 seats, Centre Party 26 seats, IRL 23 seats, Social Democrats 19 seats. Congratulations for all parties presented at the new parliament! Read more about Estonian parliament and the election procedure in Estonia from here.


The 83rd Annual Film Academy Award OSCAR  inabetterworldfor the Best Foreign Language Film  was given to the Danish film a drama "In A Better World" directed by Mrs Susanne Bier. The official premier of the movie will be held at Coca-Cola Plaza on March 11th, where we hope Susanne can come as well. We have the pleasure to invite people to take part of a contest, to win invites for this premiere. You will need to answer one simple question in order to receive an invite. Follow the link from here to take art of the contest.  


Also, do not forget, that tomorrow is the last day to register for the funding possibilities seminar on Wednesday! More info below.


Good luck and see you all very soon!

Merli Lindberg   



Morning-coffee seminar

on funding possibilities


March 9, 08:30-10:30

Kaval-Ants Tavern

Toompuiestee 23 




Your own savings are not enough to make your dreams come true? You need extra funding for your business activities implementation? Where to get the financial support and how?


Morning-coffee seminar: business funding possibilities with speakers from:


- Norden introducing the Mobility Program for SME's allowing to cover costs for travelling and accomodation;

- EAS presenting the Innovation Support Program for small and medium size enterprises to finance their research and development projects;

- Connect Estonia giving guidance where to find and how to get alternative funding possibilities.


eurosMore information from our homepage. Registration open till March 8th at 12:00.  


DECC members 19 €, non-members 27 € including breakfast; Please note that a fee of 50 € will be charged for no-shows and cancellations made 20 hours or less prior to the event. 




Coming up at Danish-Estonian Chamber of Commerce


March 10

9th annual "Expatriate Tax Planning 2011 in the Baltics" seminar by our member company, Gencs Valters Law Firm in Riga, Kr Valdemara 21 (Valdemara Center), March 10 at 16:00-17:00. DECC members free of charge participation. Register at info@gencs.eu


March 10

My Conference is holding a seminar on behalf of British Council on the topic of "Estonia's Road to Tolerance" Entrance for DECC members free of charge. Pre-registration needed at info@myconference.ee More info from here.


March 10

Estonian Trade Council is organizing a seminar on "INCOTERMS". More information from here. NB Seminar is held in Estonian!


March 17

The Norwegian-Estonian Chamber of Commerce is inviting to their third annual general meeting to a joint 13th anniversary of lyefish party in the Baltic States by the Norwegian Royal Lyefish Community in Tallinn. The event will take place on March 17, at 19:00 in Radisson Blu hotell Olümpia. Price for anniversary dinner 45 €. Register with Paal Aschjem, paal@norest.ee lastest by March 5th.


March 25

"Export Training for Scandinavian Markets" by Christiansen Consulting taking place on March 25, 13:00-16:30. The training covers market situation, suitable sales strategies, practical advice, case studies and much more. Registration open till March 18 at ingrid@christiansen.ee More information from here.


April 12

Annual General Meeting of the Danish-Estonian Chamber of Commerce will take place on April 12th starting at 17:00. Please book the date and time. More information shall follow.


Coming up:

Export seminar vol. 2

Visit to DnB Nord

Sales training, May 5th

Sampo's Leaders' Forum, May 10th

Visit to Linxtelecom

Football Tournament, May 28th

Summer party, June 5th

Reception at Danish King's Garden, June 15th


* Follow the news on the Danish Culture events in Estonia at Facebook - click here.

News from members / other organizations / media


Gencs Valters Law Firm has published this year's first newsletter on tax and legal issues on Estonia, Latvia and Lithuania. In the issue they cover changes in the Latvian corporate income tax law and problems in VAT refund, Estonia's changes in currency, and about the increased taxes in Lithuania in 2011. Read more specifically click here.


Keep yourself posted with the news from the Nordic Council of Ministers' Office in Tallinn. Click here. 


Estonian Ministry of Foreign Affairs has opened a website on Business Diplomacy. Read more on how to make business in different countries and find some useful links from here.

Recent news from Copenhagen Post:

- How the welfare state broke the national economy. According to a slew of economic experts, the Danish economy is in a mess and time is running out for the welfare model in its present form. Originally meant to serve the weakest members of society, the welfare state widely expanded in the 1970s, resulting in an explosion in public expenses in what is perhaps the world's most comprehensive and generous welfare system.

- Armed guards fight off pirate attack. A Danish-owned ship carrying armed guards fought off an attack by pirates off the coast of Yemen on Thursday morning. According to shipping news website Maritime Denmark, the four pirates reportedly opened fire on the cargo vessel 'Brattingsborg', but turned back after a brief fire-fight with the guards. According to Lars Steen Rasmussen - the managing director of Nordana, the ship's owner - this was the first time the company had posted guards on a ship. Shipping and oil conglomerate A.P. Moller-Maersk earned record profits of $5 billion after tax in 2010, the company announced today. The announcement caps what was a comeback year for Maersk. The company lost $1 billion in 2009 as global shipping volumes shrank due to the recession. Maersk credited the turnaround with improving global trade and improving efficiency.

- Maersk posts record profits.


Read more from http://www.cphpost.dk/business.html

Chamber's notifications' board:  
  • Next DECC council meeting will take place on April 4th. In case anyone would like to suggest a topic or make a proposal to be discussed, please feel free to contact info@decc.ee and inform us about it.

Contact Info
Manager of the Chamber, Merli Lindberg, info@decc.ee Tel: +372 502 4006 Skype: merli.lindberg

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