Industrial Parks

Plot sizes vary by location and can be adapted to your project. Indicatively: small plots 3,000–5,000 m²; standard plots 15,000–20,000 m²; large plots up to 50,000–60,000 m². Adjacent plots can be combined if you require a larger footprint.

Yes — where the detailed plan allows it. If needed, you can choose two or more adjacent plots and design a single building across their shared boundary.

• Sale price in IVIA industrial parks starts from €20/m² + VAT.
• The price includes connections to all available utilities at the plot boundary, except the electricity connection.
• The electricity connection fee depends on the capacity you request and is paid separately.
• Land prices are reviewed annually at the beginning of the year based on a broker’s valuation and regional market data, and are approved by the IVIA Council.

Please refer to the table on the website for a general comparison of IVIA industrial parks, as each site has its own specific characteristics and development focus; nevertheless, we encourage you to contact us to discuss possible details or specific requirements on a case-by-case basis to best match each investment project.

Yes. In Narva, IVIA offers Estonia’s first Industrial Business Incubator ‒ a modern, energy-efficient facility with plug-and-play production units of 432 m² and 648 m², available for lease for up to five years. Where available, units can also be combined to create larger production spaces. It provides a fast way to start operations while you prepare your own facility.

IVIA’s parks host a growing ecosystem of international and regional manufacturers. Examples include:

• Aquaphor International—23,000 m² water-purification equipment factory;
• Neo Performance Materials (Canada)—€100M permanent-magnet plant (operational from 2025);
• Fortaco Estonia (Finland)—steel-components factory, €10M expansion in 2024;
• Birger (Fincumet Group, Finland)—steel-structure and container plant in Kohtla-Järve;
• HANZA Mechanics (Sweden)—advanced metal-assembly facility in Narva.

These are representative cases—our parks support projects of all sizes.

• First, contact us. After discussing your project, we will offer one or more plots that best match your needs.
• We then sign a Letter of Intent (LoI) that sets the reservation terms.
• Reservation is free of charge and does not oblige you to purchase. Its purpose is to give you time to refine the project, arrange financing, and negotiate with contractors.
• The usual maximum reservation period is up to 6 months.

• After the LoI and reservation, please submit a short business plan with financial projections.
• Every land sale in IVIA industrial parks must be pre‑approved by the IVIA Council.
• Your documents (business plan, forecasts, balance sheet and profit & loss) are reviewed at a Council meeting.
• Typical review time: 2–4 weeks, up to 1 month.
• Once approved, we schedule a notary appointment to sign the purchase agreement.

• We expect a concise description of the business concept and three‑year financial forecasts from launch.
• We can provide a template structure with the minimum required sections; you may also use your own format as long as it covers the information needed to assess the project.
• The business plan enables the IVIA Council to review your plans, evaluate feasibility, and decide on the land sale.
• As a reference, you may use the EAS guidelines for business plans and an auto‑calculating financial forecast spreadsheet.

It’s not strictly required, but strongly recommended. A local company lets you reclaim VAT on land and development expenses and simplifies procedures. You can still reserve a plot and sign a Letter of Intent while your company is being established.

From recent project experience, after the purchase agreement is signed:

• Design terms/conditions: 2–4 weeks
• Building design: ~3–4 months (assuming your concept is defined)
• Building permit: 1–3 months
• Construction: typically 9–12 months, depending on scope
• Equipment procurement: usually runs in parallel with construction; installation is completed in the final project phase as the building becomes ready.

The Estonian Unemployment Insurance Fund (Töötukassa) provides employer services that support efficient and inclusive recruitment:

• free job matching (vacancy postings and access to the national candidate database),
• wage subsidies for hiring young people, the long-term unemployed, or people with reduced work capacity,
• training grants to upskill new hires, and
• workplace-adaptation support to create inclusive work environments.

IVIA can introduce you to Töötukassa representatives and help coordinate initial meetings or information sessions.