E-Piim Tootmine asset sale commences
The sale of the assets of bankrupt dairy company E-Piim Tootmine began on Wednesday, with the company's production units in Paide, Põltsamaa and Järva-Jaani set to go up for public auction in August.
The process of selling off the assets of the bankrupt dairy firm E-Piim Tootmine has officially started. Key production facilities located in Paide, Põltsamaa, and Järva-Jaani are scheduled to be put up for public auction next month. This marks the beginning of the liquidation of the company's holdings following its bankruptcy.
The auction is expected to attract interest from potential buyers in the dairy and food processing sectors. The sale aims to recover value for creditors and address the company's financial insolvency.
This asset sale signifies a significant shift in the regional dairy industry landscape as a major producer's facilities are being divested.
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