UXP

34 ÜLEMISTE RE-IMAGINED TALLINN: THE CAPITAL CITY OF ESTONIA Estonia is politically and economically stable, easily accessible, and is a low-cost business environment that is ranked among the top 25 in the Ease of Doing Business index by the World Bank Group. Estonia is an open confident nation committed to its membership of the European Union, Eurozone and NATO. Tallinn, the modern capital city of Estonia, is the heart of local business and cultural life. It is the largest city of Estonia occupying an area of 159.2 km 2 and there are approximately 500,000 inhabitants in the region. The city is a front- runner in applying modern IT solutions and communications technology. Retail has been one of the fastest growing sectors of the Estonian economy. The retail market in Tallinn is largely oriented towards shopping centers and Ülemiste is holding leading position.