ex-managers of a large industry will cost a hefty sum to walk away with the company’s trade secret

The five-year-long criminal case against the ex-managers of Wendre, one of Pärnumaa’s largest employers, came to an end today, the four defendants must compensate their former employer nearly 100,000 euros.

  • Wendre’s former leader Vahur Roosaar (foreground) was in court today. Photo: Ago Tammik

Namely, the prosecution had charged Vahur Roosaare and Peep Armvärt, former board members of the textile manufacturer Wendre, former employee Erki Habanen and the company Paragon Sleep, that they took advantage of Wendre’s business secret, took over customers and thereby caused Wendre a large financial loss.

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The owner of the textile manufacturer Wendre, Peter Hunt, is demanding nearly three million euros from the company’s former executives, because, in his opinion, the ex-employees took sensitive material out of the company and used it to run their new business.

Peter Hunt, the owner of the textile manufacturer Wendre, left us after an unexpected illness on July 22, the entrepreneur’s family and the company announced.

The bedding manufacturer Wendre announced that it ended last year with a loss, but considering the state of the global economy and inflation concerns, one can be satisfied with this result.

Wendre, a manufacturer of sleep accessories, has started to develop its own brands and is creating its own network of retail stores. The chain’s first store will be opened in Järve center in Tallinn.

The composition of taxes will change further and the tax rates will be higher – this can be poisoned, according to Enno Lepvalts, the founder and head of accounting office Vesiir.

Source: www.aripaev.ee