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Estonian cartography EOMAP goes bankrupt
Juhan Tere, BC, Tallinn, 27.07.2011.
Print version
Print versionLast Friday, on July 22, the bankruptcy of cartography and land surveyor company Georaster that operated under the trademark of EOMAP was declared, LETA/Postimees Online reports.
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The company has not submitted its 2010 report to the Business Registry.
The 2009 report indicates that the company had a loss of 3.8 million EEK, an increase of over two million from 2008. The management wrote in the report that in 2009 a loss was earned since the market collapsed and the volume of orders plunged.
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