We are developing the coolest business hub in the Baltic region
THE BEST COMMUNITY AND CONTACTS FOR COOPERATION
AN INSPIRING ENVIRONMENT FOR CREATIVITY AND INNOVATION
WE ARE GROWING AND CREATING SPACE FOR YOU TO GROW AS WELL
WE PROVIDE THE SERVICES SO THAT YOU CAN FOCUS ON YOUR BUSINESS
EASY ACCESS AND GOOD CONNECTIONS



Developments
new

Öpiku II building

The twin office towers are named after Ernst Julius Öpik, one of the scientists to establish the Estonian school of astronomy. There is a variety of magnificent and modern office spaces of different sizes, all built to meet the contemporary standards of sustainability. The Öpiku II Building will become the heart of a new block in Ülemiste City, along with a new parking house and old factory buildings turned into smart offices.



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new

ÜLEMISTE CITY BOOSTER OFFICES

There’s more to it than meets the eye.

The booster offices on the first floor of the exquisite ÖPIKU II office tower are a perfect solution for a company of 2-6 employees – they are modern, comfortable and practical.

In addition to offices there is also a stylish common area that comprises the reception, kitchen and resting area, as well as three meeting rooms with state-of-the-art equipment that can be reserved via the internet. The booster office prices are all-inclusive, covering the furniture, wi-fi, cleaning services and there is also readiness to use secure internet access.



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Ülemiste City

380

companies

36

hectares

10 000

employees

120 000

of office space

3000

parking spaces

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 →

News

04.10.2018Study reveals: monthly salary in Ülemiste City 70% higher than Estonian average  

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.

In 2017, the average gross salary was 1221 euros in Estonia and 1383 euros in Tallinn. But the new study shows that at the same time, the average monthly salary in the Ülemiste City reached 2077 euros. The average salary in the Estonian IT sector for the same period was 2613 euros while in the Ülemiste City, it reached 2940 euros.

According to Mainor Ülemiste Supervisory Board member Raivo Vare, today, nearly 400 enterprises are actively operating in Ülemiste City – the first smart city in Estonia. More than 10 000 people work there on a daily basis, a number similar to the population of a town the size of Haapsalu.

“Ülemiste City is spearheading entrepreneurship in Estonia and this new study shows that the companies here create about 50% more added value than average companies. The creation of added value is the key component here as that is the main challenge for Estonia to overcome,” said Vare. He also explained that the reason behind the above-average salaries being paid by the campus’ companies is the fact that employees who create more added value need to be paid a higher salary.

The study also took a closer look at the local IT sector. According to the study, 1.4% of all Estonian IT companies operate in Ülemiste City and at the same time, those companies hire 18% of all Estonian IT sector employees, pay for 26% of the sector’s labour costs, produce 25% of the added value created by the sector and form 27% of Estonia’s total IT export.

The smart city study conducted by the Estonian Entrepreneurship University of Applied Sciences also shows that the 2017 turnover of the companies operating in Ülemiste City totalled 1.15 billion euros, of which export constituted 500 million euros. The companies earned a combined total annual operating profit of 75 million euros and their assets formed an end-of-year total of 1.6 billion euros.

Tauno Õunapuu from Estonian Entrepreneurship University of Applied Sciences said that the long-term tenants of Ülemiste City have seen a greater-than-average rate of growth in their sales revenue, export, added value and net profit. “In Estonia and in Tallinn, Labour costs have generally followed the same trend that was seen in the previous years’ studies, but the absolute level of the company labour costs in Ülemiste City continue to be significantly higher than elsewhere in Estonia,” said Õunapuu.

25.09.2018Mainor Ülemiste’s subsidiary concluded a credit agreement in amount of 10.7 million euros

Mainor Ülemiste AS' subsidiary Öpiku Majad OÜ conluded a credit agreement in amount of 10.7 million euros with the Estonian branch of OP Corporate Bank Plc, which refinances the existing loan from Nordea Bank and finances the construction of Lurich houses.
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23.08.2018Estonia Gets New IB Candidate School

The International Baccalaureate Organisation granted International School of Tallinn, operating in Tallinn’s Ülemiste City since last year, the status of candidate school for the International Baccalaureate Primary Years Programme that is recognised all over the world.
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Contact us

Teet Raudsep

Customer Experience Manager
teet.raudsep@mainor.ee
+3725175816

Andreas Väljamäe

Sales Manager
andreas.valjamae@mainor.ee
+3725515683

Julius Stokas

Sales Manager
julius.stokas@mainor.ee
+37255653650