Estonia's largest cheese factory went bankrupt in one year

Estonia's largest cheese factory went bankrupt a year after its launch, Baltnews reports.

"Instead of becoming the pride of the dairy industry, the E-Piim Tootmine cheese factory in Paide received two temporary bankruptcy administrators," the report says.

Bankruptcy administrators must submit a report to the court on the financial situation of the company by March 23.

New factory in Paide was launched in the spring of 2025, Estonia invested 15 million euros in its construction.