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According to the Estonian National Audit Office, state-owned airline Nordica’s course suggests that the state has not been a sufficiently skilled or interested owner in such a complex business area as aviation and arguments in favor of keeping both Nordica and OU Transpordi Varahaldus in state ownership were lacking before the serious financial difficulties faced by Nordica that appeared in July and are still scarce.

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Estonia , Tallinn , Harjumaa , Estonian , Transpordi Varahaldus , Erik Prozes , Estonian National Audit Office , National Audit Office , Nordica , Aviation ,

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