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Home >International Network >Estonia



The Republic of Estonia has a population of 1.32 million inhabitants in 2016, and a $ 29,312 GDP per capita in 2016 (IMF).

Covering 45,339 km², Estonia is located on the eastern shores of the Baltic Sea, bordering the Gulf of Finland to the North, the Gulf of Riga to the West, Latvia to the South, and Russia to the East.

This country is economically deeply integrated with its northern neighbours. The Estonian economy benefits from a competitive industry (energy, textile, chemical products, food, shipbuilding, and electronics) and its developed services sector (transportation, commercial banking, e-services, and mobile-based services).

Estonia is a member of the European Union and of the Eurozone. It ranked 6th in the 2017 Index of Economic Freedom (The Heritage Foundation). The country offers an open and stable economic environment, with a strong capacity to adapt and promote innovation.

France was Estonia’s 16th investor, in 2016, with 199.2mn euros. Nearly 40 French companies are present in the country, mainly in the energy and environment sectors. Total bilateral trade volume amounted to 554mn euros in 2016, with a slight trade deficit on the part of France.


In this context, Simon Associés entered into a strategic alliance agreement with TGS BALTIC law firm.



TGS BALTIC’s professional legal teams practice: Finance & Capital Markets, Mergers & Acquisitions & Corporate, Regulation & Competition, Litigation & Arbitration, Real Estate, Tax. TGS BALTIC is a full service firm, with particular strengths in transactions, project work and dispute management.

Law firm TGS Baltic and its lawyers are ranked in top tiers in Chambers Europe’s newest, 2018 edition. The firm’s Lithuanian office continues to hold its tier 1 position in Banking and Finance, Energy and Competition/Antitrust. A total of 26 lawyers are ranked among the top players in the Baltic legal market.

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