Estonia, Legislation, Markets and Companies

International Internet Magazine. Baltic States news & analytics Tuesday, 20.05.2025, 05:50

Estonia-based toy store Juku could go bankrupt

Juhan Tere, BC, Tallinn, 17.10.2011.Print version
Investment company Da Vinci Invest is seeking to declare Jukat Eesti, the owner of Juku toy store chain, bankrupt, LETA/BBN reports referring to Äripäev.

According to Andrus Braunbrück, the owner of Da Vinci Invest, Jukat's debts might have reached 70,000 euros. Da Vinci has claims against Juku toy stores.

The court has named a temporary bankruptcy trustee and seized brandnames Juku Mänguasjakeskus and Kaks Karu.

Jukat Eesti Board Member Tomas Palevicius said the company was not bankrupt, and expressed doubts over the bankruptcy. According to him, the enterprise has never signed a contract with Da Vinci Invest. In May it was reported that the Juku chain of toy stores had been sold to Lihuanian company MV Trading.






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