Estonian start-up stories by Toivo Tänavsuu
Estonians who brought world wide fame to the Internet telephone Skype are working on a new and interesting software solution enabling free video calls via television. The project, currently named InkSpin1, hatching in the Ambient Sound Investments (ASI) investment group’s incubator, incorporates the development for LCD televisions of the user interface utilized in the Skype [...]
In: Companies
4 Sep 2008Estonian supermodel Carmen Kass has established a credit loan company called Creditmarket, that operates in Finland and Estonia, giving loans with an annual interest rate of up to 782 percent. For example, in Finland the company offers SMS loans for in the amount of 50-300 Euros. The annual interest of the the relevant one- and two-week loans reaches [...]
The Kingdom of Jordan will soon sign a concession agreement with the Estonian energy giant Eesti Energia so as to have extractable and commercially viable oil shale in western and southern parts of the Kingdom. More than 90 percent of electricity consumed in Estonia is produced from Estonian oil shale. That’s why Eesti Energia, being [...]