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For many years, Estonia’s competitive advantage has been a simple and favorable economic system, and I propose to continue on the same path,” said Anton Maljugin, head of shipbuilding and conversion at LTH-Baas.
Anton Maljugin told äripää radio’s morning show that inflation and tax increases are his biggest concerns. “If I say to my clients today, you know, the costs of all our projects starting in 2026 will increase by 7%, then there is a high probability that we will not get these projects,” Maljugin said, adding that this means hundreds of thousands of euros minus state taxes.
Maljugin also talked about where the company is now and what its plans are for the future.
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