Estonia | Restructuring events database

2025

One restructuring case in Estonia

	Date	Description	Tags
	Internal restructuring	Swappie 25 March 2025	-45

2024

10 restructuring cases in Estonia

Date	Description	Tags
Bankruptcy	Nordica 20 November 2024	-176
Internal restructuring	State Forest Management Centre (RMK) 30 September 2024	-50
Internal restructuring	Telia Estonia 4 September 2024	-160
Closure	Studioworks 2 September 2024	-168
Business expansion	Bombay Club 12 August 2024	+300
Closure	Strateegiakeskus 15 April 2024	-39
Offshoring/Delocalisation	Stora Enso Eesti 7 March 2024	-61
Closure	Enefit Power 5 March 2024	-100
Business expansion	Milrem Robotics 20 February 2024	+100
Internal restructuring	Tartu Prison 17 January 2024	-90

2023

10 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Hanza Mechanics Narva 30 November 2023	+40
Business expansion	Tartu Ülikool 21 November 2023	+438
Business expansion	Baltic Restaurants Estonia 21 November 2023	+224
Bankruptcy	Eurora Solutions 7 October 2023	-100
Closure	Stora Enso 15 June 2023	-97
Internal restructuring	Hansaliin 25 April 2023	-407
Offshoring/Delocalisation	Amphenol ConneXus 7 March 2023	-130
Internal restructuring	Veriff 9 February 2023	-42
Business expansion	Milrem 30 January 2023	+100
Closure	Express Post 27 January 2023	-450

2022

15 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Premier Restaurants Eesti 31 December 2022	+77
Offshoring/Delocalisation	Viking Line 15 December 2022	-175
Internal restructuring	Majorel Estonia 14 December 2022	-167
Internal restructuring	Pipedrive 14 November 2022	-71
Closure	Standard 2 November 2022	-163
Internal restructuring	Palmako 12 October 2022	-100
Bankruptcy	Repo Vabrikud 4 October 2022	-148
Business expansion	Enefit Power 19 July 2022	+300
Closure	Noorus SPA Hotel 18 July 2022	-172
Business expansion	Novel Clinic 8 June 2022	+100
Business expansion	IKEA 11 April 2022	+300
Business expansion	Nordea 4 April 2022	+200
Business expansion	McDonald's 21 March 2022	+250
Business expansion	Aquaphor International 8 March 2022	+200
Offshoring/Delocalisation	ABB 18 February 2022	-247

2021

9 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Foxway Recommerce 14 December 2021	+50
Business expansion	Lidl Eesti 18 October 2021	+800
Business expansion	Playtech Estonia 24 August 2021	+100
Offshoring/Delocalisation	ABB 19 August 2021	-100
Business expansion	HKScan 8 June 2021	+100
Business expansion	Ensto Ensek 31 May 2021	+150
Business expansion	Jeld-Wen 31 May 2021	+160
Business expansion	Swappie 2 February 2021	+200
Offshoring/Delocalisation	Tieto Estonia 19 January 2021	-180

2020

14 restructuring cases in Estonia

Date	Description	Tags
Business expansion	TransferWise 9 December 2020	+165
Internal restructuring	HT Laevateenindus 2 September 2020	-150
Internal restructuring	Hansaliin 2 September 2020	-1000
Offshoring/Delocalisation	Widex Eesti 2 August 2020	-118
Offshoring/Delocalisation	Tumlare Corporation Estonia 2 August 2020	-101
Bankruptcy	TallinnHotels 15 June 2020	-120
Internal restructuring	Tallink 3 June 2020	-290
Internal restructuring	Tallinna Lennujaam 25 May 2020	-111
Internal restructuring	Spa Tours 12 May 2020	-114
Closure	Hestia 7 May 2020	-35
Internal restructuring	Veriff 4 May 2020	-63
Closure	TLG Hotell 1 April 2020	-100
Internal restructuring	Äripäev 30 March 2020	-35
Offshoring/Delocalisation	Fleming 1 February 2020	-213

2019

11 restructuring cases in Estonia

Date	Description	Tags
Internal restructuring	M.V.Wool 6 December 2019	-50
Internal restructuring	Eesti Energia 3 September 2019	-324
Bankruptcy	Modulehouse 16 July 2019	-111
Business expansion	Estonian Plywood AS 24 April 2019	+150
Internal restructuring	Sebe 11 April 2019	-148
Business expansion	GoBus 11 April 2019	+150
Closure	Baltika Tailor 18 March 2019	-340
Closure	Danske Bank 19 February 2019	-238
Merger/Acquisition	Luminor Bank AS 5 February 2019	-130
Closure	Enefit Kaevandused AS 18 January 2019	-146
Business expansion	Tallinna Linnatranspordi AS 16 January 2019	+125

2018

3 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Konesko 12 September 2018	+50
Business expansion	Skype Technologies OÜ 7 June 2018	+60
Business expansion	Nordea Operations Centre 15 February 2018	+100

2017

4 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Metsä Wood Eesti 14 December 2017	+200
Reshoring	Wendre 27 June 2017	None
Reshoring	Wendre 27 June 2017	None
Internal restructuring	NPM Silmet 18 May 2017	-65

2016

12 restructuring cases in Estonia

Date	Description	Tags
Business expansion	ABB AS 11 October 2016	+250
Business expansion	Lasita Maja AS 27 September 2016	+50
Reshoring	Põltsamaa Felix 22 September 2016	None
Internal restructuring	AS Alstom Estonia 1 September 2016	-94
Business expansion	OÜ Shroma 2 August 2016	+150
Reshoring	ABB 1 July 2016	None
Internal restructuring	Eesti Energia Thenoloogiatööstus 19 April 2016	-56
Business expansion	Hilton Tallinn Park Hotel 1 March 2016	+100
Offshoring/Delocalisation	PKC 11 February 2016	-613
Business expansion	Maxima Eesti 5 February 2016	+350
Business expansion	Arvato Financial Solutions 3 February 2016	+100
Closure	Viru Keemia Grupp 15 January 2016	-500

2015

8 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Kohila Vineer OÜ 16 December 2015	+110
Internal restructuring	Eesti Energia Kaevandused 11 December 2015	-150
Bankruptcy	Estonian Air 7 November 2015	-182
Closure	AS Nitrofert 9 July 2015	-426
Internal restructuring	Eesti Energia Kaevandused 6 July 2015	-200
Outsourcing	Riigi Kinnisvara AS 8 May 2015	-118
Business expansion	Tieto Estonia AS 16 March 2015	+119
Business expansion	Widex Estonia OÜ 26 February 2015	+150

2014

8 restructuring cases in Estonia

Date	Description	Tags
Internal restructuring	Viru Keemia Grupp 11 December 2014	-200
Offshoring/Delocalisation	PKC Eesti 7 August 2014	-227
Business expansion	Noorus SPA Hotel 17 July 2014	+130
Business expansion	Estonian Unemployment Insurance Fund 21 May 2014	+500
Internal restructuring	Tallinna Linnavalitsus 21 May 2014	-120
Internal restructuring	Police and Border Guard Board 15 May 2014	-250
Business expansion	Swiss Property Eesti 11 February 2014	+250
Bankruptcy	OÜ Linerel 17 January 2014	-122

2013

7 restructuring cases in Estonia

Date	Description	Tags
Internal restructuring	Edelaraudtee 30 December 2013	-126
Business expansion	Elektriraudtee 24 September 2013	+100
Internal restructuring	Eesti Energia Tehnoloogiatööstus 1 August 2013	-80
Closure	Ergo Insurance 13 June 2013	-46
Closure	Eesti Energia Kaevandused 30 May 2013	-200
Business expansion	Selver 14 March 2013	+100
Business expansion	Vaasan Group 8 February 2013	+100

2012

10 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Viru Keemia Group 30 December 2012	+100
Internal restructuring	Estonian Air 21 November 2012	-146
Business expansion	Maxima Eesti 13 November 2012	+100
Internal restructuring	Bellus Furnitur 23 October 2012	-60
Business expansion	Selver 11 May 2012	+200
Internal restructuring	Tere 8 May 2012	-109
Internal restructuring	Estonian Tax and Customs Board 27 March 2012	-120
Business expansion	Maxima Eesti 9 February 2012	+500
Offshoring/Delocalisation	Efore 29 January 2012	-120
Closure	Eesti Energia 18 January 2012	-290

2011

4 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Eesti Energia 28 October 2011	+100
Business expansion	Nefab Packaging 20 September 2011	+100
Business expansion	Westaqua Manufacturing 18 August 2011	+100
Business expansion	MAXIMA Eesti 6 May 2011	+100

2010

15 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Kodumaja 22 December 2010	+240
Business expansion	MAXIMA Eesti 22 November 2010	+600
Bankruptcy	Kreenholmi Valdus 3 November 2010	-572
Business expansion	SEBE 24 August 2010	+130
Business expansion	MAXIMA Eesti 16 August 2010	+300
Business expansion	OG Elektra 16 August 2010	+200
Bankruptcy	Glaskek 2 August 2010	-163
Offshoring/Delocalisation	Powerwave Technologies Estonia 14 May 2010	-156
Internal restructuring	Atria Eesti 14 May 2010	-73
Closure	Ajasto Eesti 5 May 2010	-104
Business expansion	ComPlus Consulting 21 April 2010	+700
Business expansion	Bauhaus Eesti 8 April 2010	+150
Business expansion	Premier Restaurants Eesti 30 March 2010	+150
Business expansion	Enics Eesti 26 March 2010	+100
Internal restructuring	Loksa Laevatehas 26 January 2010	-530

2009

29 restructuring cases in Estonia

Date	Description	Tags
Business expansion	VKG Oil 17 December 2009	+100
Business expansion	Trelleborg Industrial Products Estonia 10 December 2009	+220
Internal restructuring	Eesti Energia Kaevandused 27 November 2009	-103
Business expansion	Prisma Peremarket 16 November 2009	+200
Business expansion	Rimi Eesti Food 5 November 2009	+182
Business expansion	KP Factory 16 September 2009	+200
Business expansion	Lido 25 August 2009	+100
Internal restructuring	Kreenholmi Valdus 19 August 2009	-300
Business expansion	MAXIMA Eesti 10 August 2009	+105
Internal restructuring	Eesti Post 16 July 2009	-204
Internal restructuring	Repo Vabrikud 10 July 2009	-40
Internal restructuring	Amphenol ConneXus 30 June 2009	-88
Merger/Acquisition	Elcoteq Tallinn 18 June 2009	-166
Internal restructuring	Image Wear 27 May 2009	-32
Internal restructuring	Eesti Raudtee 20 May 2009	-110
Internal restructuring	Nordecon Infra 18 May 2009	-33
Business expansion	Tallinn city government 16 April 2009	+400
Business expansion	Tallinn Bus Company 16 April 2009	+600
Internal restructuring	Loksa Shipyard 6 April 2009	-70
Internal restructuring	Estonian Air 2 March 2009	-120
Bankruptcy	Artlink Production 26 February 2009	-101
Internal restructuring	Amphelon ConneXus 22 February 2009	-131
Internal restructuring	Elcoteq Tallinn 17 February 2009	-385
Internal restructuring	PKC Eesti 12 February 2009	-152
Relocation	Atria Baltic 11 February 2009	-100
Bankruptcy	Kalev Meedia 26 January 2009	-200
Internal restructuring	Hiab Balti 23 January 2009	-169
Internal restructuring	Norma 19 January 2009	-163
Internal restructuring	Estonian Environmental Board 15 January 2009	-114

2008

14 restructuring cases in Estonia

Date	Description	Tags
Offshoring/Delocalisation	Atlanta Office Products 19 December 2008	-221
Internal restructuring	Estonian Road Administration 4 December 2008	-120
Internal restructuring	AS Eesti Põlevkivi 14 November 2008	-300
Internal restructuring	Eesti Post 9 October 2008	-141
Internal restructuring	Stora Enso Timber AS 11 September 2008	-150
Internal restructuring	Estonian Tax and Customs Board 28 August 2008	-350
Internal restructuring	Eesti Raudtee 18 July 2008	-193
Bankruptcy	Baltic Panel Group 12 May 2008	-118
Internal restructuring	The State Forest Management Center 8 May 2008	-193
Internal restructuring	Pärnu Linavabrik 11 April 2008	-158
Business expansion	Tallink Grupp 8 April 2008	+200
Internal restructuring	Eesti Post 12 February 2008	-600
Business expansion	Meresuu Spa & Hotel 10 January 2008	+130
Business expansion	A-Selver 8 January 2008	+360

2007

20 restructuring cases in Estonia

Date	Description	Tags
Closure	Aero Airlines 18 December 2007	-130
Internal restructuring	Kreenholmi Valdus 12 December 2007	-900
Business expansion	PKC Eesti 26 September 2007	+112
Offshoring/Delocalisation	Hilton Reservations & Customer Care 6 September 2007	-120
Business expansion	Tallink Takso 6 September 2007	+100
Closure	Nolato Tallinn Polymer 17 August 2007	-140
Bankruptcy	KS Stivideerimise 13 August 2007	-113
Internal restructuring	Eesti Raudtee 6 August 2007	-200
Business expansion	Nordic Hotels 14 June 2007	+120
Business expansion	Rimi Eesti Food 23 April 2007	+100
Business expansion	Falck Eesti 8 April 2007	+200
Closure	Peleriin Medical 27 March 2007	-99
Internal restructuring	Kreenholmi Valdus 27 March 2007	-800
Closure	Stora Enso Timber 7 March 2007	-100
Business expansion	Maxima Eesti 7 March 2007	+2224
Relocation	Tere 27 February 2007	-100
Business expansion	ABB 13 February 2007	+300
Business expansion	TLG Hotell 16 January 2007	+110
Business expansion	Fazer Eesti 11 January 2007	+100
Business expansion	Aqua Hotels 10 January 2007	+100

2006

18 restructuring cases in Estonia

Date	Description	Tags
Relocation	Baltic Panel Group 15 November 2006	-300
Business expansion	Samelin 20 October 2006	+100
Business expansion	Eesti Energia 18 October 2006	+150
Business expansion	Prisma Peremarket 10 October 2006	+100
Business expansion	Uvic 6 October 2006	+120
Internal restructuring	Pärnu Linavabrik 3 October 2006	-126
Business expansion	Rautakesko 2 October 2006	+100
Internal restructuring	Repo Vabrikud 25 September 2006	-150
Business expansion	Viru Vangla 18 September 2006	+350
Offshoring/Delocalisation	Tallink Grupp 15 September 2006	-300
Business expansion	Rimi Eesti Food 5 September 2006	+100
Bankruptcy	Hiiu Kalatööstus 10 July 2006	-100
Business expansion	Frog Group 4 July 2006	+100
Internal restructuring	Toom Tekstiil 10 June 2006	-100
Internal restructuring	Kreenholmi valdus 9 June 2006	-300
Closure	Maseko/Pärnu Kalatööstus 26 May 2006	-97
Business expansion	Incap Electronics 27 February 2006	+160
Business expansion	Enics Eesti 12 January 2006	+130

2005

13 restructuring cases in Estonia

Date	Description	Tags
Business expansion	Webmedia 30 November 2005	+825
Business expansion	A&G Textile 17 November 2005	+140
Business expansion	Playtech Estonia 7 November 2005	+120
Business expansion	Pharmadule Emtunga 27 October 2005	+200
Business expansion	Sillamäe sadam 15 October 2005	+200
Internal restructuring	Baltex 2000 13 October 2005	-150
Bankruptcy	Tallinna Masinatehas 12 October 2005	-295
Merger/Acquisition	Tallinna Masinatehas 12 October 2005	+295
Business expansion	Wendre 16 September 2005	+250
Business expansion	Grifs 5 September 2005	+150
Business expansion	A&G Textile 17 August 2005	+100
Internal restructuring	Kreenholmi Valdus 6 May 2005	-376
Closure	Marat 12 March 2005	-123

2004

No restructuring cases in Estonia

	Date	Description	Tags

2003

No restructuring cases in Estonia

	Date	Description	Tags

2002

No restructuring cases in Estonia

	Date	Description	Tags