From 1957 to 1965 worked as deputy chief of the Department of Economics at the Council of Ministers of the Estonian SSR.

From 1965 to 1978 he was director of the laboratory in the Estonian Academy of Sciences Institute of Economics.

[1] Since the late 1930s, Raul Renter was a participant of the chess competition in Estonia.

In Estonian Chess Championships he has won 2 gold (1946, 1949), silver (1945) and 3 bronze (1943, 1947, 1952) medals.

[3] In 1955 he was a co-author of the chess textbook in the Estonian language - «Maleõpik».