I happened to visit the town of Vändra in Pärnu County, where Wendre, a company producing home textiles was operating. This became one of the companies that started to buy raw material from me.
Over time our cooperation developed further, and as a result I acquired a part of Wendre.
As my first endeavours were successful and I started to trust the local business community and local people, I decided to expand my business activities in Estonia and in Pärnu county even more and bought Wendre as a whole. When Estonia joined the European Union and its business environment changed, I invested 20 million euros in a new production building for Wendre. As a result we became the biggest home textile manufacturer in Europe: we produce approximately 5 million quilts and 7 to 8 million pillows a year.
I am also active in the hotel and holiday business in Pärnu county. Starting from 2007 I have invested in the 18-hole Tahkuranna golf course. That will become an absolutely first class course, with the sea and pine forest nearby, and I really do not know of another course with such an excellent location. Next to the course we will build a clubhouse, hotel and holiday cottages, then it will be possible to organise big international competitions here.
I am very satisfied with my 15 years of business experience in Pärnu. People here are capable and hardworking, which is of prime importance from the investor’s and employer’s point of view. The workers are educated, they speak several languages, are adaptable and receptive to technological innovations.
Pärnu has a good location from the logistics point of view, which is essential for transporting merchandise. The sea and beautiful nature attract many visitors and tourists to Pärnu, which has made the town widely known and given it a good image outside Estonia.
The cost of living in Estonia is three times lower than in Germany, Sweden or the United Kingdom, which is why it is sensible to expand or relocate your business here. In my business activity I have received good support and understanding from local authorities and enterprise support organisations and this has contributed a lot to my business.
I advise you to invest in Pärnu region and find business contacts and partners here! Relying on my own experience I can confirm that this is profitable and useful for all parties.
Trading House Scandinavia AB