Tartu is the second largest city in Estonia with 97,332 inhabitants on 38.8 square kilometres, which is situated 186 kilometres from Tallinn, is also the centre of the Southern Estonia. Tartu is vivified by the River Emajõgi connecting the two biggest lakes of Estonia and flowing through the city in the range of 10 kilometres (www.tartu.ee).
ESTIKO is an enterprise group 100% based on the Estonian capital operating in Tartu. The two main fields of activity of ESTIKO are the manufacture of packages and packaging materials, and real estate development and property management.
The archive materials witness the time of birth of ESTIKO to be 1918 when Albert Laretei established his comb factory in Tartu. In 1930, the company that for a while was called Tartu Comb Factory was named the “Estonian Comb Factory”, or “Estico“ in the abbreviated form.
Today, AS ESTIKO-PLASTAR that was registered as a public limited company in 1991 is with its largest technology park in Estonia the leading manufacturer of packaging materials in the Baltic region, successfully competing in Scandinavia, Russia, Ireland, and other export markets.
At the beginning of the 1990s, the economic activities of ESTIKO were expanding to the real estate sector.