SÕRU PAAT OÜ, from Hiiu County, was registered 14 years ago, during he boom years. The newborn venture did not utter a sound and is still fast asleep to this day, lying dormant in the portfolio of Siim Rätsep.
There are in all 79 559 such "Sleeping Beauties" in Estonia today (altogether 28.1% of all registered companies). There are 1 515 snoozers in the sector, making up 21.5% of the sector. The snoring is deafening. Within the sector, in the same EMTAK field "Külalistemajad", 26 companies have been set up only to collect dust on a shelf (10.2% of the field).
If on average Estonian companies are active for up to 8 years, then whether hibernatin......
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