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Jaan Puusaag competed for the World Entrepreneur Of The Year title

01.06.09

This year, the World Entrepreneur Of The Year final was held in Monte Carlo from 27 to 31 May, and it was the first time that an Estonian representative participated in the competition. 43 countries chose their local Entrepreneur of the Year and this time their number included Jaan Puusaag who also competed for the World Entrepreneur of the Year title.

The jury included representatives from countries like Sweden, the Republic of South Africa, UK, Kazakhstan, China, India, Mozambique etc. The coveted title was awarded to Cao Dewang, Chairman of China’s Fuyao Glass Industry Group, which manufactures automotive glass.

Jaan Puusaag says that being a participant in the competition was a great honour both for him and all the other nominees. “The atmosphere, prestige and importance of the event are things that no entrepreneur could buy for money — these must be earned with hard work. Of course, we have earned this together with all the employees of Krimelte. Believe me, when I drank champagne in Monte Carlo it was on behalf of all the Krimelte Wolves (Visithttp://www.krimeltehundid.ee/index.php?3)! The companies represented in the entrepreneur award competition varied greatly in terms of size, staff numbers and the area of activity. All 43 finalists felt as winners all throughout the event. The fact that one of us received the title at the end was just a bonus for the winner,” explains Jaan Puusaag.

The World Entrepreneur Of The Year (WEOY) award programme was launched in 1986 in the western states of USA, with the aim to recognise entrepreneurs whose resourcefulness and determination have allowed them to build successful and growth-oriented companies.

Today, the programme includes many countries worldwide and continues to recognise entrepreneurs and enterprise, by determining the best entrepreneur locally in each country and also globally. At the moment, EOY is probably the most large-scale award programme for entrepreneurs in the world.

Photos of the WEOY event and Jaan Puusaag in Monte Carlo can be found at:http://www.flickr.com/photos/kenlennox

Minister of Economic Affairs and Communications and representatives of Enterprise Estonia visited Krimelte

01.05.09

On Monday, 25 May, Krimelte hosted Minister of Economic Affairs and Communications Mr Juhan Parts and a team from Enterprise Estonia, including Chairman of the Board Mr Ülari Alamets, Member of the Board Mrs Maria Alajõe, Director of the Enterprise Capability Division Mrs Pille-Liis Kello and Mr Toomas Molok from the Export Division.

The aim of the meeting was to see how Krimelte as a leading exporter in Estonia is doing, how production has been set up, what Krimelte thinks about the current economic conditions in Estonia and what ways Krimelte envisions for boosting our economy and export, above all.

In April, the Prime Minister of Estonia Mr Andrus Ansip also visited Krimelte, in order to meet the management of Krimelte and discuss the country’s export policy and how the state could help exporting companies in the current economic environment.

Prime minister Andrus Ansip paid a visit to Krimelte

02.04.09

On Tuesday, 14 April Andus Ansip, the prime minister of the Republic of Estonia, visited the factory of Krimelte and met the managers of the company.

The prime minister met the members of the Management Board of Krimelte in order to ask how the company was doing, to discuss the country’s export policies, and the problems and challenges of the companies exporting their goods in today’s complicated economic environment. “It is good that there are such companies as Krimelte and ABB in Estonia, which export billions of Estonian kroons worth of goods from Estonia. Exporting is important and, for this reason, the support programmes of the state need to focus more on those needs that might arise when the exporting companies are entering new markets,” Ansip noted. 

The prime minister met the members of the Management Board of Krimelte in order to ask how the company was doing, to discuss the country’s export policies, and the problems and challenges of the companies exporting their goods in today’s complicated economic environment. “It is good that there are such companies as Krimelte and ABB in Estonia, which export billions of Estonian kroons worth of goods from Estonia. Exporting is important and, for this reason, the support programmes of the state need to focus more on those needs that might arise when the exporting companies are entering new markets,” Ansip noted.

In addition, the prime minister was taken on an excursion in the factory of Krimelte where Jaan Puusaag, the Chairman of the Management Board of Krimelte, introduced the prime minister the production process of building foams and joint sealants.

“The prime minister’s visit is a great compliment and honour to Krimelte and I am glad that, in these difficult times, the prime minister of Estonia has decided to communicate personally with the exporting companies in order to find solutions,” said Puusaag commenting on the prime minister’s visit.

Krimelte exports 95% of its products to more than 30 countries. Among others, the products of the company are exported to such countries as Great Britain, Ireland, Norway, Sweden, Finland, Romania, Croatia, Spain, Germany, the Ukraine, Japan and Russia.  In 2008, the Czech Republic and Slovakia and in 2009 Poland were added to the already existing export markets.

The newest products in the product range of the company include epoxy putties called PENOSIL Premium FastFix meant for fast repairs and the adhesive foam called PENOSIL Premium Polystyrol FixFoam meant for the fixing of insulation boards.

The consolidated sales turnover of the Krimelte Group in 2008 was 1.013 billion Estonian kroons, having increased by almost 16 per cent in one year.