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Estonian Lido is doing well despite problems of parent firm in Latvia
Juhan Tere, BC, Tallinn, 26.09.2010.
Print version
Print versionOdil Eesti OÜ, the Estonian subsidiary of the Latvian catering company Lido is doing well in Estonia, LETA/Aripaev.ee reports.
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The fact that the obligations of the Latvia-based Lido exceed assets and the company is asking for out-of-court bankruptcy protection is not directly affecting the company.
The marketing manager Tiina Kost said that Lido will soon celebrate its 1st birthday on the Estonian market, on October 10.
"We are quite active on the market,: she said, adding that the restaurant has a very international clientele.
The summer was good for the company, said Kost, adding that it was a surprise that it posted record results as compared to other months.
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