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Estonia for Sale Mel Huang. Being close neighbours of the Scandinavian countries has been a godsend for Estonia in its integration with the global economy. Trade with Finland and Sweden accounts for easily two-thirds of all export and import, and the two newer EU members provide Estonia much knowledge and expertise in restructuring of industries and integration into the EU. Investments from the two countries also play a vital role in the dynamic restructuring of the Estonian economy, which went from stagnancy to becoming the so-called 'Baltic Tiger,' with one of the strongest GDP growth rates on the continent for most of the past five years. The presence is nearly universal. Sector after sector has experienced large-scale investments from the two Nordic EU members, ranging from heavy industry to energy, from textiles to banking. The involvement is so far-reaching and cross-sector that Estonian officials often joke that the country has become the backyard of Finland and Sweden—much to the annoyance of Estonia's southern Baltic neighbours. Such investments have gone into large companies and small enterprises alike, including start-ups. They have been an overwhelming factor in the development of the Estonian economy. There are drawbacks to this, however. One common perception is that the dominance of Finland and Sweden in Estonia's economy is so great that it is keeping other investors out. As companies from both countries have gone into the Estonian economy with such vigour and complete coverage of all facets of the economy, there seems to be little left that is not touched by Nordic capital. The three major banks are all majority controlled by Nordic counterparts, with two of them facing complete takeover see the next section for more details. Insurance, high-tech manufacturing, textiles, meat processing—you name it—has Nordic capital or control. If we add Norway to the list, then we can also count dominance in the media overwhelming in print, significant in electronic and hospitality services. Looking at the big investing countries and their relatively small presence compared with that of the Nordic countries, it is clear that there is a feeling of regional priority. Germany, looking to their own vicinities for investment opportunities, has all but given the Baltic countries to the Nordic ones. The investment interest not to mention political interest has been minimal for some infrastructure gas companies. Germany has not behaved as if it wants to be a player in the Baltics, which has sadly contributed to the apathy felt by Berlin politicians. The Americans have not been very active investors, either, showing interest in large deals only. And even such large deals—for example, the sale of the country's main power plants to the US company NRG Energy—have gone against the Nordic grain. The two EU-member countries, both wanting a stake in Estonia's energy sector, issued a veiled threat against Tallinn on an EU criterion. It was argued that the selection process in the privatisation deal was not compliant with EU norms. Though Estonia is not yet an EU member, the threat obviously had some effect and caused massive delays in the issue. Even the project of building an energy connection from Finland to Estonia was delayed, as the interest of the previously eager Nordic companies dimmed following the NRG deal. Such is the picture of favouritism towards the Nordics, due very much to EU membership considerations. However, France represents a refreshing counter-trend, having become a new player in the Baltics in the past year or two. French companies are now waiting in the wings to challenge their Nordic competitors in smaller privatisation deals. As talks with Nordic partners become problematic in many cases, the French have been moving in to grab the deal. This has somewhat shaken the Nordic perception that they have a free reign in Estonia. Instead of the outside challenge coming from Germany as expected, France is the unlikely challenger. French companies recently took over companies providing heating, transportation and, most importantly, television and radio broadcasting in Tallinn. The latter came about after a managerial spat caused a Swedish company to pull out of the privatisation of the Tallinn Broadcast Centre. With other privatisation deals going with French bidders—such as Tallinn's water utility—this could prove to be a lesson for Nordic companies that in the new EU, there are no strict rules for regional adhesion and that everything is up for grabs—even in one's own backyard. One uncomfortable trend that comes with the large influx of Nordic investment is the effect of total buyouts on the Estonian economy. The total buyouts of large Estonian companies, especially successful ones, has fuelled fears of a sell-out of Estonia, as well as concerns that Estonia cannot stand on its own in the global, or even European, economy. In a way, the more successful an Estonian company is, the more likely it is to lose its identity. Estonian no more? The banking sector is the best example of such a situation. Swedbank's control of Hansapank never became total, since Swedbank's own position on the Swedish market is not that strong. Using the Hansabank name de-Estonianising the Estonian Hansapank , the group took over banks in Latvia and made Hansabanka one of the market's biggest players. Though this looks like an Estonian buyout on the Latvian market, in essence it was Swedbank's plan for the Baltic Sea region. There are also plans to buy Lithuania's largest state-owned bank, Taupomasis Bankas, but that remains in limbo due to local politics. The suggestion that the headquarters of the Hansabank group should move to Riga because 'it is not an Estonian bank anymore' is bound to alarm those that see Hansapank as one of entrepreneurial Estonia's biggest accomplishments. It is true that it is no longer an Estonian bank, not in ownership, nor—now—in spirit. In the middle of this year, however, the company began an ambitious expansion programme by announcing they want to fully purchase all three banks they control in the Baltics. Nordic take-over parents have tried such things in the past, attempting to de-list Rakvere Lihakombinaat Meat Packing Plant ; though the attempt failed, the liquidity is so low that the point becomes academic. The de-listing bid by Norway's Linstow of Reval Hotelligrupp, which controls many of Estonia's top hotels, did indeed succeed. If this trend continues, the liquidity problem of the Tallinn Bourse will grow to a point that it will render it useless. Such regional strategy by Nordic companies could jeopardise the future of the Estonian securities market. This trend continued as the Finnish insurance consortium Sampo-Leonia bought out a majority stake in the third largest bank, Optiva Pank, and applied to change its name to Sampo Pank. The group is also trying to de-list the bank's shares from the bourse, but has so far failed because it does not control enough of the remaining shares owned by holdouts. Are these total buyouts and de-listing strategies in the long-term interest of Estonia? Yes, perhaps it is a sign that Estonia's economy and its local companies are strong and solid enough for it to be attractive for its richer northern neighbours. However, what does that do to the country's fledgling securities sector? It is already plagued by low liquidity and lack of interest, and if blue-chip stocks are being de-listed from the bourse, what will be left in the end? It is clearly against the long-term interests of Estonia, both financially and psychologically. Estonia needs a second wave of the same entrepreneurial ingenuity and ideas that gave them an advantage in the early part of the s. Strong companies with new ideas in the newly integrated EU economy—and the 'new economy'—must stake out their place as impact players, but not lose their identity. It is a shame that one of the largest and most successful of these companies, the now pan-European CV-Online Internet job database, does little to make itself known as an Estonian company. Estonia's 'Nokia' in waiting? Successful companies like The Red Dot Company soon to be the new corporate name of Microlink in computers and IT, and Viisnurk in woodwork and skis, should lead the group in carving out a niche for Estonian companies in the world—and show the world it can stand on its own two feet. President Lennart Meri has challenged Estonia to come up with it's own 'Nokia' to take the country into the global economy as a player. The idea is that if Finland can turn a small backward company into one of the biggest players in the international telecommunications industry within two decades, Estonia can do the same with some ingenuity and entrepreneurship of its own. Let us just hope that once Estonia's own 'Nokia' starts to make an impact, its larger Nordic neighbours won't practice the same tactics and eat it up. Mel Huang , 18 November Michael Kopanic Slovakia's Future. Sam Vaknin The Black Market. Delia Despina Dumitrica Integrating Romania. Beth Kampschror Bosnian Elections. Mel Huang Everything Must Go. Kinoeye: Daniel Lindvall Russian Cinema. Books: David Nilsson Czech Fiction. Sam Vaknin After the Rain. Oliver Craske The Heart of Chernobyl. Locking others out One common perception is that the dominance of Finland and Sweden in Estonia's economy is so great that it is keeping other investors out. Total buyout, wholesale change One uncomfortable trend that comes with the large influx of Nordic investment is the effect of total buyouts on the Estonian economy. A second wave is needed Estonia needs a second wave of the same entrepreneurial ingenuity and ideas that gave them an advantage in the early part of the s. Vol 2, No 40 20 November Estonia for Sale Mel Huang Being close neighbours of the Scandinavian countries has been a godsend for Estonia in its integration with the global economy.

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Buying blow online in Rakvere

The whole family has come together to celebrate grandma's 80th birthday. Aunt Virve has prepared thoroughly. There is more than enough food on the table, complete with a big bowl of traditional potato salad right in the middle. You sit behind the table and enjoy spending time with your family, especially since it's been a long time since you saw some of them. But at the same time there is this inexplicable tension in the air that makes your whole body stiff. The barking of the neighbour's dog is announcing the arrival of the grandchild who is late to the party. Nervous looks turn towards the door when they hear the sound of two women talking in the hall. Grandma and grandpa are blissfully unaware of what's going on. The aunt and uncle are frozen in fear and younger members of the family are smirking ironically. The short film 'Granny, meet Mari' talks about the generational conflict and how the norms in our culture are changing. For a lot of people these changes give them a chance to live in harmony with oneself for the first time. Nevertheless, integrating the new norms into our lives, that most of Europe has already accepted, is difficult for everyone in Estonia. Maybe the answer lies in a funny traditional Estonian mess of a birthday party. Some shovel potato salad into their mouth, or take another shot of vodka - but everyone is anticipating an inevitable blow off. The comedy thats about to start around the birthday table keeps an eye on real problems but also lets the audience have a laugh. If you support our movie you will find out whether after the party the family remains intact or not. Thanks to the Cultural Endowment of Estonia we already have half of the production budget but we are still short on money. This is where you can help us! This extra money will allow us to rent better equipment and do a proper post production. Let's come together and help us in creating this tragicomedy. So whether in the cinema or behind the computer screen, we can all laugh and cry and maybe bring just a little more understanding and acceptance into this world. Triinu Hiielaid Gert Suurkuusk Anonymous user Rando Kai Oro Kadri Evelin Kullman Riinu Pae Kaia Helen Anvelt Mikk Kadarik Hegert Leidsalu Marion Leppik Tanel Sempelson Lennard Oper Ulla Saar Ly Renter Siret Tahk Mari Reimand Tuuli Klementa Juhan Reimand Astrit Kreutzwald Regiina Vahter Mari-Liis Lisette Abner Meelis Rondo Keio Soomelt Pille Helen Paddernik Margit Mikk Anna Lillioja Marju Verk Sami Hokkanen Helena Eikla Jaan Kroon Evelyn Vahi Mirjam Matiisen Iiris Gerda-Liis Kuusk Diana Tuul Laura Barbo Tuuli Veiler Mari-Liis Oja Andrus Holz Helen Valdna Hele Teet Suur Karen Maria Reile Laura Mallene Naatan Haamer Mari-Anna Marju Siiri A big thank you! This money will feed one of the actors or crew members on the set for one day. You have earned a spot in the end credits. Your contribution will go to the head of the art department. She will buy costumes and a lot of other stuff that is extremely important in making the film look good and giving the right atmosphere. We welcome you to the premiere at the Festheart film festival in Estonia please choose between Rakvere or Tartu. If you can't make it to the premiere we will send you a link with the film, so you could still enjoy the movie online. With your contribution we'll buy coffee during the shooting days. With the power of caffeine the cast and crew will pull ten-hour workdays. We welcome you and your plus one to the premiere at the Festheart film festival in Estonia please choose between Rakvere or Tartu and you can wear your brand new Festheart T-shirt there. With your support we'll be able to buy an extra hard drive so that the scenes that have been shot could be archived in a safe place and would arrive to the editing room without any losses. You also get a Festheart festival pass so that you could collect some good memories to your own inner hard drive. And of course we welcome you and your plus one to the premiere at the Festheart film festival in Estonia please choose between Rakvere or Tartu. Your contribution will be spent on the salary of the assistants whose work will help the whole crew to keep the hair from turning gray from stress. You and your plus one also get a Festheart festival pass and of course we welcome you and your plus one to the premiere at the Festheart film festival in Estonia please choose between Rakvere or Tartu. Your contribution will be used to pay the actors and the rest of the crew for their hard work. You have earned a spot in the end credits and you and your plus one also get a Festheart festival pass and two brand new Festheart T-shirts. Of course we welcome you and your plus one to the premiere at the Festheart film festival in Estonia please choose between Rakvere or Tartu. In addition to that we accommodate you for one night in a nice guest apartment for two, with compliments from Apartment 24 in Rakvere during the Festheart film festival In addition we offer a stage combat workshop with broadswords led by the director Kaire Russ. The workshop is an exciting activity that you can have at corporate outings summer days etc , birthday parties, weddings or any other occasion of your own choosing. Of course you and your plus one also get a Festheart festival pass and two brand new Festheart T-shirts. In addition we welcome you and your plus one to the premiere at the Festheart film festival in Estonia please choose between Rakvere or Tartu. This is really inspiring! You have earned the title of an executive producer. Of course you and your plus one also get a Festheart festival pass and welcome you and your plus one to the premiere at the Festheart film festival in Estonia please choose between Rakvere or Tartu. About the project Process 1 Backers Sounds familiar? Behind the long festive table takes place the story of today's Estonia. How to deal with the pain of change? Related projects Joosep Allik Music.

Buying blow online in Rakvere