Kaido Koort’s Post

📣2025 brings changes in Estonian #VAT law mainly concerning real estate investors and financial service providers! The VAT registration obligation arises once surpassing the EUR 40,000 threshold, which, starting from 2025, entails income derived from some financial services transactions and income from leasing and letting real estate. Get in touch with Verner Silm or myself, happy to discuss! #financialservices #realestate

My year at Tripod as a recruiter in emoji: ❗ (PS! There's a prize at the end!) September 🤓 aka ''The Curious Learner'' phase October 🙄 aka ''Umm, I'm Still A Bit Confused'' phase November 😵 aka ''Ok, I Have To Do ALL THAT?!'' phase December 🙋♀️ aka ''OK - I (think I) Can Do All THAT!'' phase January 😳 aka ''Am I Getting The Hang Of It?'' phase February 💪 aka ''Yes, I'm Getting the Hang Of It!'' phase March 😍 aka ''I Still Really Wanna Go To Work Every Morning'' phase April 🤩 aka ''I Can Actually Add Value'' phase May 🤽♀️ aka ''A Month Before My Summer Vacation...'' phase June 🧘♀️ aka ''Took Time To Rest'' phase July 🧗♀️ aka ''Ok, Let's Start Climbing The Next Challenges'' phase August 🚴♀️ aka ''The Support Wheels Are Off!'' phase September 🏋♀️ aka ''Let's Start Doing The Heavy Lifting!'' phase October 🤸♀️ aka ''I Love This Thing - Let's Keep Going'' phase For the last few years, I've taken my career(s) pretty much as a sports regime - to be successful, you have to balance the training with recovery time. In high-level sports, it's not about who can train the most, but about the holistic view on the process (workouts, nutrition, coach, recovery, team, budget etc) - and I have a heck of a team here at Tripod! The video is here to prove that - that's what we did with our amazing team and some extra help from our good partners. To me, sports metaphors never get old. Here's one from ChatGPT: ''Recruitment is like a triathlon — a multi-stage challenge requiring agility, endurance, and precision. From diving into the talent pool to cycling through interviews, and sprinting towards the perfect hire, it's all about balancing speed with stamina to reach the finish line strong.'' - SO TRUE! :) And now, to sum up - congrats, you made it to the end! As a prize for you, you can now hit me up with your favourite sports metaphor (for a career or life overall). ⬇

Next Thursday (dec 5th) I am doing a webinar with the Estonian Ecommerce Association (aka Eesti E-kaubanduse Liit ) about the e-commerce markets in Scandinavia and the Baltics. Until now most companies have simply been running around blindfolded because it has been impossible to grasp and understand the market. But with the Tembi platform we make what has previously been infeasible feasible. We constantly analyse more than 500.000 #webshops in Europe. 70.000 of those are in Scandinavia and the Baltics. In the webinar - which will be in English - we are going to dig into the markets so you can learn how to become successful - such as 🎁 how are different product categories performing? 🚚 which delivery and payment solutions are typically used 🌎 what to consider when expanding to foreign markets? Find the webinar below. Thank you for the invitation Tõnu Väät! Andre V. Carsten Pingel Jens Wedenborg Carsten Rose Lundberg #ecommerce #lastmile

I strongly support the views in this article. An old saying ' Prevention is better than cure' yet relevant in all times. According to me, there is a need for certain guidelines or training for school teachers so that they can observe and proactively identify such children who are in need of any kind of help. After all, they are the ones with whom children spend most of their time in a day. Mobile addiction leading to aggression, gender confusion and many other concerns are on rise. Such issues need proactive approach. A complete roadmap to observe, identify and step in !

As some of you have noticed, I’m back in consulting to help also other companies tackle the complexity of abbreviations like DORA, NIS2, E-ITS, and KÜTS. Are these really that challenging? Let’s dive into what they mean (in Estonian this time).

💥 💥 💥 About 1 year ago, one of the largest and worst data breach in Estonian history became public. Genetic testing company Asper Biogene's system was attacked and about 100 000 files with people's #personaldata, including highly sensitive #geneticdata and #healthdata, including information about hereditary diseases, were obtained. According to information disclosed earlier, this breach affected about 10,000 people from 57 countries. I personally know people who's entire families were affected by the breach and who were extremely disturbed that something like this could have ever happened. Today, the Estonian DPA announced that it has imposed a fine in the total amount of EUR 85,000 (!!!) in this case. This is only my first reaction, and perhaps I change my position when I know more, but considering the circumstances, I unfortunately have to say that such fine appears insignificant and potentially undermines the importance of data protection as a #fundamentalright in Estonia. Who is ever going to take data protection seriously even if some of the worst breaches result in such insignificant fines? As a reminder, according to the #GDPR, the fines imposed must be effective, proportionate and dissuasive. This is a legal requirement. I'm not convinced that the amount of the fine in this particular case meets that requirement. Following is the extract from the press release of the DPA: The first offence consists of inadequate #security measures for processing personal data. Asper Biogene OÜ's core business is the testing of hereditary diseases, the development of genetic tests and the provision of development services related to health data (including the provision of healthcare services), and thus processes health data on a large scale. For failing to ensure the security of processing of personal data in compliance with the requirements of the GDPR, the DPA imposed a fine of EUR 80,000. The second offence is the breach of the duty to avoid conflicts of interest in the appointment of a #DPO, and the duty to appoint a competent DPO. When appointing a DPO, it is important that the member of the management board or the manager of the institution is not at the same time a DPO, as there must be no conflict of interest when fulfilling the role of DPO, i.e. it must be possible to carry out his/her duties and tasks in an independent manner. The choice of the DPO must also be based on the complexity of the data processing or on whether it involves a large amount of special categories of personal data (e.g. health data) and the choice of the DPO accordingly. In this respect, the DPA imposed a fine of EUR 5,000. #AsperBiogene #dataprotection #privacy

A very concerning topic that cannot be overlooked! An article in Äripäev about employee exploitation emphasizes the need to pay great attention to labor relations. Representing the staffing company, we find it important to comment on this. Today, we spoke with our CEO Dmitri Burov about his thoughts on this matter. Dmitri emphasized that recently there has been a huge influx of careless one-day companies entering the labor market. We are compelled to warn all job seekers and partner companies and remind them how to prevent this unpleasant situation. To avoid collaborating with dishonest staffing companies, we recommend paying attention to the following points: 1. Conduct a thorough background check on the company: check annual reports, number of employees, tax payments, and average salary (this data is available at www.teatmik.ee (http://www.teatmik.ee/)). 2. Evaluate the company's reputation. Pay attention to reviews from other companies and employees, assess the company's website, presence on social networks, customer reviews and recommendations, and information about the team. 3. Ensure that a clear service agreement is concluded between your company and the staffing company. 4. Ensure that a correct contract is signed between the staffing company and each employee. These recommendations by Dmitri will help you to avoid unpleasant situations and take advantage of all the benefits of collaborating with labor staffing companies. Be aware that the main goal of staffing agencies is to ensure the safety and transparency of labor relations for all parties involved. #workplacesafety #laborrelations #mediationagency #companyrelationship #companyvalues #customervalues #reputation #carelesscompanies  #laborrecruitment #staffingcompany

Very beautifully written. Does it reflect with you?:) Estonia celebrated it's Independence Day yesterday! My thoughts: In the space of rapid changes we seem to forget that nations are connected to their roots and ancestors by respecting reasonable traditions, the family creative time and care for each other despite the position neither political views. Nation should not be manifested through growth or fall. Growing bigger can be a natural process, going smaller as well. It is hard to accept the mindset of many nations where the part of nation manifesta is built on growing bigger or built on the time in the history where they were big and now longing back this time. Strength is in beneficial politics these days, but still, the real strength is inside us while celebrating the roots as human beings not as nation-minded first. Managing small and smart is sometimes not easy, though absolutely cool when you can know your president or prime minister through only 1 person mostly. Lovely it is to think about living side by side rather than consuming each other :). I'm happy to celebrate that we still live in relatively reasonable times, despite the ongoing conflicts around us.

Aeg on edasi liikuda, soojus ei tähenda ilmtingimata millegi põletamist. #beyondburning #ELVL on ette valmistanud #LIFE #CET (Clean Energy Transition) alamprogrammi taotluse #geotermaalenergia suuremahuliseks kasutusele võtmiseks Eestis. #geothermal #heatpumps Võtame põhjanaabritest õppust: https://lnkd.in/dsQUyv5v In Finland, Fortum is showcasing a next generation district heating system. Operating since 1954, it is currently undergoing a major transformation to replace fossil fuels with smart and flexible solutions that are largely based on renewable electricity: waste heat utilization, heat pumps, heat accumulators and electric boilers. Approximately 40 percent of district heating demand will be met by recycling emission-free waste heat from Microsoft's new data centers. Artificial intelligence optimizes the operations of the entire system. The solutions are modular and can be tailored according to local heat sources, be it waste heat or air. 

When I first transitioned from being a case lawyer to a data security expert at Andmekaitse Inspektsioon | Estonian Data Protection Inspectorate, this was the first major case that landed on my desk. ⚖️ Countless hours of work and analysis went into reaching this decision. Huge props to my colleagues who bravely took on the challenge of understanding the complex interplay between IT, cybersecurity, and law. 💻🔍 This decision may evoke mixed emotions for those not directly involved, but I still want to commend my colleagues for facing this difficult case head-on, with the mindset always being: 𝘁𝗼 𝗽𝗿𝗼𝘁𝗲𝗰𝘁 𝘁𝗵𝗲 𝗽𝗲𝗿𝘀𝗼𝗻—𝘁𝗵𝗲 𝗿𝗲𝗮𝗹 𝗽𝗲𝗿𝘀𝗼𝗻 𝗯𝗲𝗵𝗶𝗻𝗱 𝘁𝗵𝗲 𝗱𝗮𝘁𝗮. 👤🔒 I want to take this opportunity to remind all my peers: 𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗱𝗮𝘁𝗮 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗮𝗻𝗱 𝗰𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗮𝗿𝗲 𝗳𝘂𝗻𝗱𝗮𝗺𝗲𝗻𝘁𝗮𝗹 𝗽𝗿𝗶𝗻𝗰𝗶𝗽𝗹𝗲𝘀 𝗶𝗻 𝗿𝘂𝗻𝗻𝗶𝗻𝗴 𝗮𝗻𝘆 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀. As legal and IT officers, we have a duty to always remind ourselves—and business managers who may be tempted to take shortcuts—𝘁𝗵𝗮𝘁 𝗱𝗮𝘁𝗮 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗺𝘂𝘀𝘁 𝗯𝗲 𝗽𝗿𝗼𝗮𝗰𝘁𝗶𝘃𝗲, 𝗻𝗼𝘁 𝗿𝗲𝗮𝗰𝘁𝗶𝘃𝗲. 💡 #DataSecurity #DataProtection #AndmekaitseOnOluline #Andmeturve