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Estonia Will Lose Out on Billion-Dollar Investment

Summary by Eesti Rahvusringhääling
The Dutch company Power2X, which planned a methanol plant in Pärnu, told the city of Pärnu that the project will remain unfinished, which means Estonia will lose another potential billion-euro investment. According to Kaido Koppel, head of the planning department of the Pärnu city government, the company did not justify its decision in any way.

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Eesti RahvusringhäälingEesti Rahvusringhääling
Center

Estonia Will Lose Out on Billion-Dollar Investment

The Dutch company Power2X, which planned a methanol plant in Pärnu, told the city of Pärnu that the project will remain unfinished, which means Estonia will lose another potential billion-euro investment. According to Kaido Koppel, head of the planning department of the Pärnu city government, the company did not justify its decision in any way.

·Estonia
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Eesti Rahvusringhääling broke the news in Estonia on Wednesday, July 23, 2025.
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