Estonian Transport Company Rain Transport Loses Restructuring Protection

Estonia’s Tartu County Court has terminated the restructuring proceedings of road freight operator Rain Transport AS, reversing a recovery process that had received court approval only a few months earlier.

According to official notices published on 5 November, the court ended the restructuring proceedings and cancelled the company’s restructuring plan, which had been approved in July 2026.

The court also appointed a provisional bankruptcy trustee and restricted the company’s ability to dispose of its assets without the trustee’s consent.

Rain Transport, established in 1996, operates in the road freight transport sector. Its latest available annual accounts show revenue of approximately €7.16 million in 2024.

The decisions mark a significant deterioration in the company’s restructuring position. However, the termination of restructuring proceedings and appointment of a provisional trustee do not themselves constitute a bankruptcy declaration.

The next stage of the proceedings will determine the company’s legal and financial future.

Sources: Estonian official court notices, 5 November 2026, published in Ametlikud Teadaanded.