Business
During the Soviet period, the entire town depended on one employer - a secret uranium factory "Silmet". Today business conditions in Sillamäe have essentially changed, and now the town is one of the most quickly developing cities of Estonia.
Biggest advantages for development of both industry and trade are: the location of the city (on the border of the European Union and the Russian Federation, in a so-called transit corridor; on the Tallinn-Petersburg highway, near to the railway; on seacoast), the industrial region isolated from inhabited space (in an area of 600 hectares, there is all necessary infrastructure: roads, subdivision plans and service media: electricity supply cables, gas supply pipe work, water supply pipe work, water drainage and sewerage systems), a free trading zone and the presence of a port. For help and assistance to starting new enterprises, a "Business-incubator" (Non-profit organization "Development of Sillamäe Free zone") was created.
The presence of labour force resources is a big plus for developing business. In a radius of 25 kilometres 150000 people live. Sillamäe workers possess enough high qualifications, as in the past young experts were hired from all parts of the Soviet Union for the needs of the war industry, and is actually why nobody could get to the town.
The local population has a good motivation for finding a job and for retraining. Fine opportunities for the purchase of vocational and high education in the town, is convenient to prepare the labour force for work. From a human point of view, the personal attitudes of local residents with friends and relatives living in the territory of the former Soviet Union are important also.
The most important role in the economic life of the town is the "Silmet Group" corporation with its affiliated companies. "Silmet" makes mainly tantalum, niobium (being in first place in the world in this area) and rare-earth metals, which are well sold in the markets of Europe, USA and Japan. Affiliated companies of corporation are "Silport kinnisvara" (service of an infrastructure), "Sillamäe SEJ" (manufacture of thermo energy and electricity), "Õkosil" (ecological projects) and "Port of Sillamäe". Successfully operating in foreign markets is the Sillamäe enterprise "Polyform". Originally it made boxes for videocassettes, now being equipped by the last word of techniques "Polyform" manufactures ecologically pure packing for foodstuff. Basically this production is bought by Austria, Denmark, Germany, Holland, Italy, Russia, Czech and Iceland. "Norwes Metal" makes metal production. The European firms get from "Norwes Metal" various containers. Ecologically safe and modern technologies are used at a factory of recycling of accumulators "Ecometal". Many of Sillamäe residents work on industrial enterprise "Eesti Põlevkivi". Near to the town is located Narva career, which delivers slate for the Estonian thermal power station. The company " „Esfil Techno" is engaged in the manufacture of filtering materials from polymeric micro-and nanofibre.
This list of the largest enterprises of Sillamäe, show that local business climate is favourable for enterprises and a gives variety of opportunities.
Biggest advantages for development of both industry and trade are: the location of the city (on the border of the European Union and the Russian Federation, in a so-called transit corridor; on the Tallinn-Petersburg highway, near to the railway; on seacoast), the industrial region isolated from inhabited space (in an area of 600 hectares, there is all necessary infrastructure: roads, subdivision plans and service media: electricity supply cables, gas supply pipe work, water supply pipe work, water drainage and sewerage systems), a free trading zone and the presence of a port. For help and assistance to starting new enterprises, a "Business-incubator" (Non-profit organization "Development of Sillamäe Free zone") was created.
The presence of labour force resources is a big plus for developing business. In a radius of 25 kilometres 150000 people live. Sillamäe workers possess enough high qualifications, as in the past young experts were hired from all parts of the Soviet Union for the needs of the war industry, and is actually why nobody could get to the town.
The local population has a good motivation for finding a job and for retraining. Fine opportunities for the purchase of vocational and high education in the town, is convenient to prepare the labour force for work. From a human point of view, the personal attitudes of local residents with friends and relatives living in the territory of the former Soviet Union are important also.
The most important role in the economic life of the town is the "Silmet Group" corporation with its affiliated companies. "Silmet" makes mainly tantalum, niobium (being in first place in the world in this area) and rare-earth metals, which are well sold in the markets of Europe, USA and Japan. Affiliated companies of corporation are "Silport kinnisvara" (service of an infrastructure), "Sillamäe SEJ" (manufacture of thermo energy and electricity), "Õkosil" (ecological projects) and "Port of Sillamäe". Successfully operating in foreign markets is the Sillamäe enterprise "Polyform". Originally it made boxes for videocassettes, now being equipped by the last word of techniques "Polyform" manufactures ecologically pure packing for foodstuff. Basically this production is bought by Austria, Denmark, Germany, Holland, Italy, Russia, Czech and Iceland. "Norwes Metal" makes metal production. The European firms get from "Norwes Metal" various containers. Ecologically safe and modern technologies are used at a factory of recycling of accumulators "Ecometal". Many of Sillamäe residents work on industrial enterprise "Eesti Põlevkivi". Near to the town is located Narva career, which delivers slate for the Estonian thermal power station. The company " „Esfil Techno" is engaged in the manufacture of filtering materials from polymeric micro-and nanofibre.
This list of the largest enterprises of Sillamäe, show that local business climate is favourable for enterprises and a gives variety of opportunities.