Ülemiste City is a modern district located on the territory of the old Dvigatel factory in the immediate vicinity of Tallinn Airport. Ülemiste City houses a large number of innovative enterprises and its aim is to develop the 36-hectare Smart City into the largest knowledge- based economic environment in the Baltic countries.
Ülemiste City’s developer Mainor Ülemiste AS’s subsidiary, Öpiku Majad OÜ, signed a loan agreement with SEB Bank for a loan of EUR 39.5 million.
A new system available to drivers in Ülemiste City can guide them precisely to an available parking spot. The system combines signposts, LED displays, web interface and the most advanced AI video camera image analysis tool. It is one of the largest AI powered parking systems in Europe and the whole world.Read more
A new economic study was introduced which shows that the average monthly salary of people working for companies located in the fast-growing Ülemiste City in Tallinn rose above 2000 euros last year, making it 70% higher than the average Estonian salary.