OREANDA-NEWS. March 11, 2011. The municipal government of the Estonian capital Tallinn is about to give permission on Wednesday to the operator of the city's industrial parks AS Tallinna Toostuspargid to sell a property in the Tondiraba industrial park to the Norwegian electrical equipment maker Mascot.

It appears from the draft decision of the city government that two offers were submitted for the plot situated at Taevakivi tee 15, the last of the plots in the eastern Tallinn industrial park waiting for a developer.

The bidder, Mascot Holding, has offered to build a plant on the property that would be owned by Mascot's fully owned Estonian branch.

According to Mascot's business plan a production building with a gross area of 6,000 square meters would be built on the plot in stages over a period of two years. The plant would manufacture power supply units that can be used in a wide range of products from toys to medical equipment and would employ a work force of 120.