Monday, 29 August 2016
The largest dairy plant in Estonia can be sold to foreigners because of the crisis
The owner of a dairy plant in the Estonian town of põlva Oliver Kruuda, who is suspected of tax evasion, announced the intention to sell the company to a large foreign buyer, according to Eesti Päevaleht
In an interview with Kruuda announced that the plant, capable of processing half produced in Estonia milk, needs a new owner reasonable.
According to entrepreneur, a full-scale launch of the plant is able to bring the Estonian dairy industry from a protracted crisis.
In the second half of August Board member of the firm of Oliver Tere Kruuda, five more persons and the company itself was charged with suspicion of tax fraud, in which the state budget shortfall € 375,000 in the form of turnover tax and profit tax.
In connection with retaliatory economic sanctions by Russia against EU countries, the dairy industry of Estonia is experiencing a severe crisis.
Translated by service "Yandex.Translation"
Источники:
milknews.ru
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