WARNING!!

Once upon a time some twenty-old years ago, western businessman worned us, taht Tax Board and Banks are their biggest enemies. We soon found out that the Tax Board really is an enemy, but it was only recently that we lost our trust in banks....



17.08.2009 E24. SEB Leasing bought the registered immovable of Kohila Plywood Factory


And now the SEB becomes the Owner of the Factory

SEB Leasing bought the registered immovable of the bankrupt Kohila Plywood Factory for 25 million kroons plus VAT.

‘Both the equipment [of the factory] and the registered immovable now have the same owner,’ said trustee-in-bankruptcy Andres Hermet. The plywood factory of Baltic Panel Group in Kohila went bankrupt last May. The factory did not find a buyer at an auction for the starting price of 425 million kroons. The trustee-in-bankruptcy tried to sell the factory again later, but did not succeed.

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