Key Competitive Attractions
Narva is the third largest city in Estonia, with a population of 65,886 and a total area of 84.54 sq. km.
The city is home to 2966 registered businesses, of which only two employ more than 250 people. The absence of large companies suggests that there is room for entrepreneurs to expand and labour is relatively abundant. The Narva Investment Passport considers this to be a major benefit for entrepreneurs seeking to establish a strong presence in the area, as there is comparatively little competition for employment in the city.
Manufacturing is an important part of the Narva economy, with many registered companies involved in the clothing and textiles industry. Logistics is also a strength of the city, due to its advantageous location towards Russia.
Assistance and Support For New Business Investors
The City of Narva takes foreign investment very seriously, and has put together the Narva Investment Passport in order to assist in the process. A full range of support options are provided by the City directly in order to support entrepreneurs and investors in the area.
