TALLINN - Estonia’s state-owned entrepreneurship development foundation, Enterprise Estonia, has over the past decade financed a shocking number of companies that have stopped operating; however, Enterprise Estonia itself thinks that the situation is good, reports Eesti Ekspress.In 2002, 120 companies received start-up support (each from 50,000 - 100,000 kroons). The amount of support was small then, around 9 million kroons (576,900 euros) altogether. Sixty-six of the companies have by now been deleted from the Business Registry, liquidated, are bankrupt or have a big tax debt...
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