On March 11, a court declared AS E-Piim Tootmine bankrupt and appointed Indrek Lepsoo and Olev Kuklase as the company’s bankruptcy trustees.
During the bankruptcy proceedings, the company’s financial situation will be determined, including the extent to which creditors may recover their money and how assets might be sold to do so.
Negotiations among E-Piim Tootmine’s owners did not bring new capital into the company, which led to its insolvency, said Anti Orav, CEO of E-Piim Tootmine.
On February 11, 2026, Janis Bertulsons, a member of the company’s management board, filed for bankruptcy based on the legal obligation to act in the interests of the company and all stakeholders in a situation where the company’s financial condition no…