OREANDA-NEWS. November 28, 2012. Companies in Valga County are expecting their turnovers to grow in 2013, a flash survey of corporate clients in the county conducted by SEB indicates, reported the press-centre of SEB.  

Nearly all of the companies that completed the survey foresee an increase in their turnovers, with eight per cent believing that their turnovers will increase by more than 15 per cent.

Investments next year are being planned by 54 per cent of the 24 companies polled by SEB, with 46 per cent of all the companies intending to invest more than EUR 30 000. That said, a third of the respondents are yet to make a decision on the matter.

Of the companies polled in Valga County, 33 per cent are planning to increase their activity on export markets, with 17 per cent of all the companies polled planning to enter new markets. Innovation activities in products or services are being planned by 38 per cent of the respondents, by manufacturing and service companies alike.

Approximately 21 per cent of the respondents are planning to hire more staff, whilst the remaining 79 per cent will not be changing their staff numbers, and no respondents are planning to cut staff.

This October and November, SEB is carrying out an ambitious consultancy project that will see the bank’s representatives call on approximately 900 of Estonia’s small and medium-size enterprises, in all 15 counties. They will be travelling Estonia’s roads in ten Smart minis decked out in SEB’s livery, which will also serve as a reminder about the importance of green transport.

As part of the consultancy project, SEB will also conduct a survey asking companies in the counties to estimate their developments in turnover, changes in staff numbers, export and innovation plans, and proposed investments in 2013.