MAP | The bankruptcy of the construction company has put part of Naissaari up for sale

The company’s latest report dates back to 2020, and that year the company’s turnover was 7.88 million euros, but the loss exceeded the mark of 144,000 euros. A year earlier the turnover had been almost 12 million euros and the profit over 118,000 euros.

The field of activity of Pro Ehitus, founded in 2015, was the management and general planning of construction projects. In the latest report they wrote that in 2020 their main customer was the public sector and the share of the private sector remained low. By all accounts, the company was in good shape.

However, no reports have been submitted for either 2021 or 2022. It seems that the reason is the emergence of larger unrest, because 11 payment defaults have accumulated since 2021. The company went bankrupt last year and Wind Energy OÜ and Eesti Seeme OÜ are waiting for their nooses for Naissaare land.

The land located in the center of the island is for sale with a starting price of 339,206 euros and the auction will last until January 30th. As you know, Naissaar belongs to the municipality of Viimsi, but obviously land prices there are not comparable to those on the mainland. You can get 21 lots for the price of one villa in Viims. The average price is over 16,000 euros per plot of land.

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2024-01-20 15:00:00
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