Östekonomiska Institutet is founded in Stockholm.
Anders Åslund is the first Director (1989-1994).
Carl B. Hamilton is the Director 1995-1996.
Östekonomiska Institutet changes name to the Stockholm Institute of Transition Economics (SITE).
Erik Berglöf enters as the new Director (1996-2005).
RECEP (Russian European Center for Economic Policy) is founded in Moscow by SITE with funding from the EU.
RECEP is reborn as CEFIR (Center for Economic and Financial Research) now with financial support of Lisbet Rausing Charitable Fund.
BICEPS (Baltic International Centre for Economic Policy Studies) is founded by SITE in Riga.
WISER (Warsaw Institute for Socio-Economic Research) is founded by SITE in Warsaw.
KEI (Kiev Economics Institute) is founded by SITE with financial support from the Swedish International Development Cooperation Agency (SIDA).
Erik Berglöf leaves SITE for a position as Chief Analyst at the EBRD in London.
Torbjörn Becker enters as the new Director, leaving the IMF in Washington, D.C.
SITE receives funds from SIDA to start BEROC (Belarus Economic Research and Outreach Centre) in Kiev.
SITE celebrates its 20th Anniversary.