OSATO ENGINEERING 0Ü OÜ: Snooze Story
OSATO ENGINEERING 0Ü OÜ, from Harju County, was registered 3 years ago, whilst already in the EU. The newborn venture did not utter a sound and is still fast asleep to this day, lying dormant in the portfolio of Jens Tottie-Håkansson.
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There are in all 79 559 such "Sleeping Beauties" in Estonia today (altogether 28.1% of all registered companies). There are 5 389 snoozers in the sector, making up 27.9% of the sector. The snoring is deafening. Within the sector, in the same EMTAK field "Muud mujal liigitamata äritegevust abistavad tegevused", 2 466 companies have been set up only to collect dust on a shelf (42.6% of the field).
If on average Estonian companies are active for up to 8 years, then whether hibernating or awake, OSATO ENGINEERING 0Ü OÜ is still wet behind the ears.
The company was set up by Liis Männiste and a seat on the board was taken up by naine Liis Männiste, in his/her midlife at 39 years old (b. 11.12.1980). Liis Männiste was no rookie to the business world and could have put his/her 11 years of management experience gained at 2178 to use here. Before taking the wheel at OSATO ENGINEERING 0Ü OÜ, he/she had headed PLANMASTER OÜ. But he/she could not or would not force the company to get cracking and has headed elsewhere. OSATO ENGINEERING 0Ü OÜ has seen 2 Prince(ss) Board Members come to the rescue, but their kiss has not been enough to break the spell, because the Sleeping Beauty has not stirred.
Board member Liis Männiste is a brilliant executive with 42 companies to run, all nice and proper, not in debt or anything! With Liis Männiste in charge, turnover reached 32 497 euros and companies produced a profit of 631 euros (in 2018).
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