In the recent Estonian news, we found out that a company known as "Data Valley Enterprises OÜ" is planning to establish Europe's largest data centre in Estonia. According to the news published on the Estonian Äripäev, the company wants to establish a 30 000 square meter server farm with an initial investment of €170 million and then expand this to 200 000 square meters using a total investment of €600 million.
The announcement was made by the representative of Data Valley Enterprises, Jussi Vartiainen together with Eerik-Niiles Kross, who is currently in the running for the mayor of Tallinn. According to Vartiainen "Estonia has the ideal climate for server maintenance, innovative business environment and favourable taxation. At the same time in the workforce and land prices are cheaper than in western and northern Europe."