Public procurement in Estonia worth nearly €6 billion for 2023

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The total value of public procurement held in Estonia last year is estimated at over €5.8 billion, according to statistics released by the Ministry of Finance.

The ministry says a total of 8,975 public procurement processes, ie.tenders held and organized by the public sector, were held in 2023, including 2,164 simplified processes and 1,549 smaller procurement rounds.

Finance Minister Mart Võrklaev (Reform) said: “Public procurement holds immense purchasing power and play a significant role in boosting the economy.

“As a result of the processes last year, 14,896 procurement contracts worth over €5.8 billion have been concluded so far.

Read more: ERR.EE