Transcript Pealkiri - Arenduskeskus

Transportation and
Storage in Lääne-Viru
County
Lääne-Viru Development Center
2013
Investor consultant
Sustainable competitiveness in
business services
Estonia offers distinctive opportunities for business service centres for
both in-house and outsourced solutions. Estonia is the emerging Nordic
location and an excellent gateway between Northern, Western and Eastern
Europe and Russia.
Estonia offers sustainable, high-quality, competitive costs and low risk
solutions for BPO, IT and financial services shared service centres,
customer and technical support centres.
Enterprise Estonia is here to help you achieve and maintain these
competitive advantages.
Why Estonia?









Quality technical skills
Foreign language skills
Competitive costs and taxes
Cutting-edge ICT infrastructure
Strategic location and global vision
Easy to do business
Low risk: economic & political stability
Room for growth: a sustainable solution
Supporting your investment
Why should you set up business
in Lääne-Viru County ?
•Closeness to important markets: the largest Estonian market in
Tallinn and Harju County, the largest Finnish market in Helsinki
region, one of the largest Russian markets in St. Petersburg region;
• Closeness to important business areas: the largest Estonian
business areas in Tallinn, Harju County and Ida-Viru County;
Helsinki region ;
• Closeness to the largest sources of Estonian labour force: Tallinn,
Harju County and Ida-Viru County ;
• A good transport network ;
• Existing business areas that offer various services (including
electricity and gas supply);
• Various existing companies: building materials, wood processing,
food industry, metal and engineering industry, electronic industry;
• A good living environment with a normal social infrastructure and
recreation opportunities
Business enviroment in Estonia
• Estonia's economy offers key opportunities for companies in a number
of sectors including ICT, electronics, machinery and metalworking,
wood processing, logistics/transport and food. The R&D elements of
these activities are supported by the country's 10 universities and 25
higher education colleges, which collectively provide a source of
graduates, often fluent in English, Swedish, Russian, Finnish and
German.
• Estonia has been ranked 16th in the Index of Economic Freedom
(2012, Wall Street Journal/The Heritage Foundation), 24th in the Ease
of Doing Business Report (2012, World Bank), and 33th in the Global
Competitiveness Report (2012, World Economic Forum).
• Estonia has some of the highest credit ratings in the region (Fitch
IBCA, Standard & Poor's, Moody's).
Business enviroment in Estonia
• Estonia is a member of euro area as of January 1, 2011.
• 0% corporate income tax is imposed on all reinvested earnings in
Estonia.
• The Estonian cost level is still significantly lower than that of
neighboring Scandinavian countries.
 In Estonia, all capital is treated equally, foreign or domestic.
 Estonia is a member of the International Center for the Settlement of
Investment Disputes, the Multilateral Investment Guarantee Agency,
and the New York Convention.
 Estonia is the leading country in Central and Eastern Europe in terms of
attracting foreign direct investments.
 Estonia is one of the leading countries in the world in creating and
implementing e-government solutions and cyber security
Location
• Situated in northern Estonia. Bounded by Ida-Viru County on the east,
south and west of Jõgeva, Järva and Harju counties.
• Bounded on the north by Gulf of Finland
• Fifth most populated county in Estonia, with the population of 66 701
people
• Territory is 3609 sq km and we are the third largest county in Estonia.
• Divided into 15 municipalities (13 rural municipalities and 2 towns).
Rural population is 55%
• The largest municipality is town Rakvere with 16 570 inhabitants,
being the county center as well
Connections
Transport and logistics
• Lääne-Viru County has a very favourable logistic location by the sea,
between Tallinn on one side and Ida-Viru County on the other side.
• Rail link with St.Petersburg and Pskov (Russia)
and Riga (the Baltic States, Belarus, the Ukraine)
• Port of Kunda – located 26 kilometres from Rakvere
• Close to Tallinn-Narva highway (Rakvere – Tallinn 98 km, Rakvere
– Narva 120 km)
• Rakvere-Väike-Maarja- Vägeva highway (Rakvere – Tartu 135
km)
• Sõmeru- Rakvere –Pärnu highway (Rakvere – Pärnu 178 km)
• International road transport companies: transport operations all over
Europe as well in Russia and in the Ukraine
• Storage terminals for chemical and oil products
• Airport in Tallinn – 98 km
Power network
• Electric power reaches Estonian households and companies with the
help of Eesti Energia Jaotusvõrk OÜ which provides services for 87,7
% of Estonian electricity consumers.
• Lääne-Viru County is supplied by a network of power lines with a total
length of 5235 kilometres, 4520 kilometres of it is made up by
overhead transmission lines. In the financial year 2010, over 2.58
million € was invested by the distribution network in the renovation of
the power network of Lääne-Viru County. Nearly half of that sum was
spent on the installation of underground cable lines.
• In 2011 the focus was on replacing overhead transmission lines with
underground cable lines, the company replaced 80 km of lines with
underground cable lines. The distribution company invested about 2.88
million € in 2011 in Lääne-Viru County for the construction and
renovation of networks. In addition, maintenance and repair work
necessary for sustaining the operating reliability is carried out.
www.energia.ee
Regional workforce skills and costs
• Estonia has relatively low taxes and a simple tax system. Currently
there is no corporation tax ( tax is not imposed on reinvested profit)
• Income tax on dividends forms 21/79 of the dividends received.
• Value added tax is 20 per cent with just a few exceptions.
• The average labor cost per hour worked in transport sector was 5,98
eur (www.stat.ee, year 2008)
• Educational level in Lääne-Viru County
Statistics 2011 (people, thousands)
• Primary education or lower
5.2
• Secondary, post secondary and pre tertiary education
17.3
• Tertiary education
9.2
• Education after secondary education
2.7
• Higher education, mater`s doctoral degree
5.5
Taxes and duties
 Rate of tax on income 21%.
 Additional tax-exemption income when accidents at work or
occupational disease benefit is 64 euros monthly
 Social security tax is 33%. The minimum obligation base monthly rate
for social security tax is 290,00 euros, which means that the minimum
obligation social security tax is 95,70 euros monthly.
 Unemployment tax for the worker is 2%, for the employer it is 1%.
Taxes and duties
 The company must be registered as a VAT payer when from the
beginning of the calendar year, turnover is in excess of 16,000 euros,
on a voluntary basis can be registered also earlier.
 When the company is registered VAT payer in Estonia and starts to use
the imported (equipment, goods) for goods under VAT too, it can
deduct VAT paid at customs on these good from its taxable supplies
VAT.
 Each month for the 20th is needed to present a tax return when
registered VAT payer, VAT return form KMD. VAT payer can read
from the registration requirement of § 19 VAT law (law is also
available in English).
 When the company will make special payments or other distributions
paid in Estonia, and the company already is registered in Estonia, then
you may re-turn to the specific tax questions also directly at
[email protected].
Labor costs
•
•
•
The average wages in Estonia in
2011 was EUR 839. The monthly
minimum wage for full-time work
is EUR 290.
Approximately three to four times
lower labour costs, compared to
Scandinavian
countries,
in
miscellaneous business activities
sectors.
More than three times lower labour
costs in the computer related
services sector compared to the
EU27 average.
6,000,000
5,690,992
Total labour costs, EUR/year
Shared service centre/BPO, 80 persons
4,872,490
5,000,000
4,277,570
4,000,000
3,495,198
3,000,000
2,312,688
1,965,661
2,000,000
1,551,833
1,487,476
1,811,572
1,559,355
1,000,000
0
Latvia Lithuania Poland Hungary Estonia Czech
Republic
UK
Finland Sweden Germany
Benchmark locations
Source: fDiBenchmark.com, spring 2012
• Accountant – 15
• Credit control officer – 4
• Head of finance and administration –
1
• Junior accountant – 28
• Senior accountant – 9
• Customer service manager – 5
• Computer operator – 2
• Data entry clerk – 9
• Office services specialist – 2
• Secretary – 4
Transportation and storage in LääneViru County
• Traditional and advanced sector
• Logistically good location and road network, equal distance to all big
cities, Kunda port, Russia`s neighborhood
• Opportunities for professional and additional training to the staff
• Good location for establish the terminals
• Industrial areas (Kunda, Rakvere, Kadrina, Tamsalu, Tapa)
• 189 companies
971 employees
• Revenue 66 691 392 EUR
• Export 7 319 001 EUR
• Profit 5 429 175 EUR
Industrial areas in the Region
Rakvere Industrial Area
• Reconstructed infrastructure
• Good logistical position of the highway (Tallinn-Narva), railroad and
port of Kunda
• Good labor force potential in urban and in near rural municipalities
• Perspective of bringing one of railway line to industrial park
• Perspective of developing airport for serving enterprises
• Existing neighborhood of the Estonian energy and natural gas
distribution network
• Possibility of developing the industrial park area existing residential
areas and residential land to allow the relocation of labor
• The business environment in addition to a quality living environment
• Opportunity to provide affordable and cheaper production costs, while
logistically well-located plots (eg Harju county companies)
Industrial areas in the region
Tapa Industrial Area
•
•
•
•
•
The industrial park is located in the southwestern part of Tapa. The area has access
to a railway line owned by the town and a
good entrance road. A water and sewerage
network was built on the territory of the
industrial park. A new high voltage line
and two new substations supply the area
with electricity.
Total area: 50 ha
Distances: Tallinn 100 km, 70 km by
railway Rakvere 30 km,
Technical networks: Electricity 2*1000
KVA ,substation and 2*630 KVA
substation.
Heating can be purchased from the boilerhouse of a
timber-processing enterprise.
•
Communications cable available in the
centre of the industrial park, water and
sewerage available.
The area of business is expected to:
- wood products manufacturing industry;
- cluster companies servicing companies
(wood cluster, metal cluster);
- companies related with logistics
- production must be environmental
friendly;
- production should not be labour
intensive.
The area of business is expected to:
- wood products manufacturing industry;
- cluster companies servicing companies
(wood cluster, metal cluster);
- companies related with logistics
- production must be environmental
friendly;
Industrial area in the region
Kunda Industrial Area
•
•
•
•
•
•
•
•
•
Total area: 130 ha
Vacant area: 113 ha
Location: in the northern part of Kunda
Buildings: none
Tehnical networks: road access, port
Neighbours: AS Port Kunda, AS Baltic
Tank
Restrictions: production area borders the
Gulf of Finland in the north, therefore
relevant restrictions under the Law on
Nature Protection apply.
Desired use: production area, storage area
Kunda PORT - The port of Kunda
belongs to AS Kunda Nordic Tsement. At
the moment liquid- and dry products’
terminals are operating, in addition to
exporting Estonian Cell’s products. Also
around a 5000 m2 hangar is being built for
weather-sensitive cargo. The port’s
territory is 14 hectares and the circulation
of products more than 1,7 million tonnes.
•
•
•
•
•
•
•
•
Railroad - Kunda-Rakvere
railroad belongs to AS Kunda
Trans and is used for transporting
cargo.
Truck transport - Truck transport
in Kunda is organised by Lajos,
Kunda Auto etc
Traditional branches of
economy:
production of construction
materials
logistics - railway- and motor
transport
port
metallurgical industry
wood production industry
The biggest suppliers in the region
AS Lajos
•
•
•
•
•
•
•
•
•
•
•
•
AS Lajos is a 100% private capital based company that will celebrate its 20th birthday in
2012. In 1992 AS Lajos started its business in Kunda Lääne-Virumaa by offering national
transport services.
The truck and trailer service area was enlarged in the autumn of 1995, which enabled to
offer services to different clients.
The spare parts shop was opened in 1997 in Kunda.
A new branch, SIA Lajos LV, was opened in 2008 in Latvia.
The new office and service building was completed in the summer on 2009 in Kunda.
In 2010 a new sub company was opened in Lithuania, UAB Lajos LT.
In 2010 the sales turnover of AS Lajos was about 6 million Euros and AS Lajos had 63
employees. The 32 trucks of AS Lajos’ fleet guarantees the client a fast and operative
transport service.
We offer the following services:
National and international transport
Car accessories and spare parts sales
Car and truck repairs
Carwash for cars and trucks
Biggest suppliers in the regions
Kunda Trans AS
•
•
•
•
Main occupation: railway transport, road freight transport, storage. Estableshed at 1997.
Basic capital: 570 000 EUR.
Turnover: (2011) 2 705 999 EUR, (2010) 2 023 608 EUR
Profit: (2011) 658 736 EUR; (2010) 519416 EUR
Export turnover: (2011) 242 773 EUR; (2010) 216 908 EUR;
Kunda Auto AS
•
•
•
Main occupation: road fright transport. Established at1990. Kunda-Auto AS has
international trucking license, International Road Carriers Association license, 18
employees.
Turnover: (2011) 913 109 EUR; (2010) 779 553 EUR
Profit: (2011) 68 047EUR; (2010) 55 128 EUR
Kunda Mobil AS
•
•
•
AS Kunda Mobil oestablished at1995. Main occupation: domestic trucking with tipper
semi-trailers. Teostame ka rahvusvahelisi autovedusid. AS Kunda Mobil has been
member of International Road Carriers Association since1996.
Turnover: (2011) 803 512 EUR; (2010) 638 247 EUR
Profit/loss: (2011) 13 650 EUR; (2010) -52 476 EUR
Foundation Lääne -Viru
Development Centre
Investor consultant
[email protected]
Phone nr: + 372 32 58 028
www.arenduskeskus.ee