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Hendrik Johannes Terras: the Purpose of the Bankruptcy Proceedings Is Not to Close the Dairy Factory

Summary by Eesti Rahvusringhääling
It is in the state's interest that production at the E-Piima Paide factory continues, and this can also be achieved through bankruptcy proceedings if a new owner or investment structure is found. Payment difficulties and bankruptcy due to a high debt load are not automatically grounds for using taxpayer money, writes Hendrik Johannes Terras.

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Eesti RahvusringhäälingEesti Rahvusringhääling
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Hendrik Johannes Terras: the Purpose of the Bankruptcy Proceedings Is Not to Close the Dairy Factory

It is in the state's interest that production at the E-Piima Paide factory continues, and this can also be achieved through bankruptcy proceedings if a new owner or investment structure is found. Payment difficulties and bankruptcy due to a high debt load are not automatically grounds for using taxpayer money, writes Hendrik Johannes Terras.

·Estonia
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Eesti Rahvusringhääling broke the news in Estonia on Thursday, February 19, 2026.
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