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Estonia opens its eighth Business Hub in Copenhagen, Denmark

Estonia just opened its eighth Business Hub – this time in Copenhagen. From Berlin to Singapore to Seoul, the network keeps growing to help companies enter new markets.

Strengthening its Nordic ties, this week Estonia has inaugurated a new Business Hub at its embassy in Copenhagen. It is the eighth such facility in a global network designed to support Estonian companies doing business abroad.

Mariin Ratnik, Undersecretary for Economic and Development Affairs at the Ministry of Foreign Affairs, visited the Danish capital on 1–2 June to officially open the newly renovated embassy premises and the accompanying hub. She was joined by an Estonian business delegation.

Deputy Minister for Economic and Development Affairs. Government of Estonia (left) on the sidelines at the opening ceremony in Copenhagen, Denmark

Deputy Minister for Economic and Development Affairs. Government of Estonia (left) on the sidelines at the opening ceremony in Copenhagen, Denmark 

Ratnik said the opening builds on an already solid bilateral relationship. “Our countries are connected by historical and cultural ties, cooperation in cyber security, defence and education, and increasingly by economic relations,” she said. “The opening of the Estonian Business Hub in Copenhagen will further strengthen economic ties between our two countries by providing Estonian companies with a venue to showcase their activities and organise business meetings.”

The commercial relationship gives the hub a solid foundation to build on. Estonia exported around $533 million worth of goods to Denmark in 2024. Wood and wood products accounting for nearly half of that total at $246 million. Beyond timber, furniture and prefabricated buildings ($55 million), electrical and electronic equipment ($27 million), and steel products ($22 million) round out the top export categories.

 

Copenhagen as link to a global network

Copenhagen joins a network that already includes hubs in Berlin, Singapore, London, Riga, Washington, Seoul, and Paris. The hubs were established with funding from the EU’s Recovery and Resilience Facility, NextGenerationEU. You can see virtual tours of all of them here.

In practical terms, the hubs serve as a base for Estonian companies navigating foreign markets – offering meeting space, local market intelligence, and support from embassy staff. “The hubs offer our businesses a representative venue for meetings and events, as well as support from embassy diplomats in establishing contacts and entering the local market,” Ratnik said.

Mari-Liis Küppar, Member of the Management Board at Enterprise Estonia, emphasised the importance of the visit: “Denmark is Estonia’s 10th largest export partner, and we see strong potential for closer cooperation, from defence to IT. The Business Hub is one of the ways Estonia supports companies in building connections, alongside high-level visits and trade fairs.“ She added that Estonia’s commitment is also reflected in having a dedicated Business Development Manager, Kristi Kivi Frimpong, based in the market and working daily to strengthen these relationships.

The delegation included representatives from Nortal, Helmes, Datel, Proekspert, Miltton CIO World, Entigo, Askend Estonia, Askara Solutions, RiskSight, and the Estonian Association of Information Technology and Telecommunications (ITL).

On the sidelines, Ratnik delivered a presentation on cyber security and took part in a panel discussion titled “Under Pressure: Fostering Digital Societies in an Era of Disruption and Influence Campaigns”. She also lectured at the Danish Foreign Policy Society and met with her counterpart, Undersecretary for Development Policy Ole Thonke, at the Danish Ministry of Foreign Affairs.

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