KredEx begins offering the first crisis measures in cooperation with banks 27.03.2020
The continuing spread of the coronavirus has resulted in serious disruptions to the economic activity of Estonian companies. To help companies, the state-owned financial institution KredEx has developed crisis measures, the first of which will start to be offered on Monday. However, entrepreneurs can already examine the specific terms and conditions today at www.kredex.ee/koroona. Implementation of the crisis measures will take place through banks.
KredEx to begin offering a comprehensive response to help companies facing difficulties due to the coronavirus 19.03.2020
The continuing spread of the coronavirus has resulted in serious disruptions to the economic activity of Estonian companies. In order to mitigate these effects, state-owned financial institution KredEx is planning additional measures aimed at assisting Estonian companies. Packages of measures will be developed based on the different possible courses that the crisis may take, with the first of these measures being ready to be implemented next week. More specific conditions are currently being developed, and will be published on an ongoing basis.
Home grant awarded to 337 large families 25.11.2019
This year, 337 families raising three or more children received a home grant from KredEx—there are 1192 children growing up in these families altogether. The total sum of the grants allocated this year was over EUR 3.1 million. From next year, families will be able to apply for more grants than before.
Kaarel Aus begins managing the KredEx Enterprise Department 26.09.2019
On 16 September, Kaarel Aus joined the KredEx team, being responsible for the services offered by the KredEx Enterprise Department.
Estonian startup sector is growing and becoming more diversified 08.08.2019
In the first 6 months of the year, EUR 117 million were invested in Estonian startup companies. There are 44% more people working in local startups compared to yoy. In the first half-year, 650 Estonian startups paid nearly EUR 33 million in labour taxes, which is 57% more than in the first half of the previous year.
The Baltic Innovation Fund 2 is signed, envisioning over EUR 300m to finance Baltic SME 07.08.2019
The continuation of the Baltic Innovation Fund initiative has been ensured through the signature of the ‘Baltic Innovation Fund 2 agreement’, agreed by the European Investment Fund (EIF) and the three Baltic States.
20.02.2019KredEx provided guarantees to the obligations of 3788 enterprises, private persons and apartment associations in the sum of over EUR 416 million
17.04.2018KredEx earnt a profit of EUR 1.2 million