Expand your UK business in Nordic-Baltic markets
The Nordic-Baltic region offers great opportunities for UK businesses looking to grow overseas
This group of countries - Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden are leading the way in sustainable innovation and green technology adoption, with strong commitments to achieving net-zero targets and developing clean energy solutions, alongside the UK's vision for a sustainable future.
Environment and trade opportunities
The Nordic and Baltic region has an educated and open economy, receptive to UK products and investments. The countries offer a supportive political and economic framework for business development, as well as local and foreign investments.
There's a market for a wide range of UK goods and services across sustainability. Current opportunities include:
UN procurement
Copenhagen is now the second most important procurement centre outside Geneva for the UN. Major international agencies include the World Health Organization (WHO) and United Nations Development Programme (UNDP). The main areas of procurement are medicine, emergency equipment, medical devices, water and sanitation.
PropTech
Opportunities for UK companies in Denmark also exist in PropTech. Solutions and innovative technologies to drive both efficiency improvements and fundamental transformations will be needed.
Offshore wind
The emerging offshore wind market in the Baltics offers great opportunities for UK companies. This involves sharing best practice, projecting the UK’s leadership in clean growth and offering new opportunities for engagement. Opportunities for UK companies include consultancy, development, project delivery, operations and maintenance.
Low emission aviation
Norway’s commitment to have low emission (electric) domestic flights by 2040 offers opportunity for collaboration and R&D between the UK’s world-leading aviation industry and Norway's own. Norway is creating a testbed market and is pursuing international cooperation in this area, while also introducing biofuels for long-haul flights.
Get expert advice
Get free expert advice from the Department for Business and Trade (DBT) at the British Embassies across the Nordic and Baltic region.
Some recent case studies
Artemis Technologies is a Belfast-based maritime technology firm spun off from Artemis Racing who specialises in zero-emission transport solutions.
Artemis Technologies recently launched the first zero-emission hydrofoiling passenger ferry to operate between Belfast and Bangor.
In 2024, the Swedish Maritime Administration (SMA) awarded Artemis Technologies a contract to launch a fully electric pilot boat, enhancing Sweden's commitment to a fossil-free maritime sector by 2045.
This vessel will be the first of its kind in Nordic waters and supports sustainable maritime operations.
Magtec is the UK’s leading supplier of electric drive systems and specialised hybrid solutions.
The company excels in designing, developing, manufacturing, and installing electric drive systems for a diverse range of vehicles, including commercial heavy goods vehicles, buses, and off-road defence vehicles.
It's innovative approach also encompasses retrofitting diesel vehicles to electric, contributing significantly to climate change mitigation efforts.
Magtec continues to collaborate with Nordic partners to provide zero-emission solutions for commercial vehicles, reducing urban exhaust emissions and improving air quality.
Selected events
Energy
19 February 2025
Milestone – The Baltic synchronisation
Riga, Latvia
Sustainable Consumption
11-12 March 2025
4th UN International Procurement Seminar
Copenhagen, Denmark
Clean Technology
19 May 2025
Join our UK delegation at the PropTech Symposium 2025
Copenhagen, Denmark
Selling to European Markets
The Department for Business and Trade (DBT) can help guide you through the new landscape of opportunities in the European markets with expert advice, insights and technical market guides.
Last updated: