Estonian manufacturing has been in decline for over two years, but new data shows the worst likely is over, a Bank of Estonia analyst said on Tuesday.
The BLRT group is one of the largest industrial companies in the Baltics with nearly 4,000 employees.Roman Vinartšuk, advisor to the group’s board, told “Aktuaalne kaamera” the situation in heavy industry is difficult and the number of orders is declining.
Shipbuilding has still not recovered from the coronavirus crisis.Ship repairs are slightly better, but not great.
Read more: ERR.EE
