Mar 14 • 16:30 UTC 🇪🇪 Estonia Postimees

Scandalous restaurant businessman Sten-Erik Jantson puts the legendary Manna la Roosa and other venues up for sale

Restaurant businessmen Sten-Erik Jantson and Jaak Morna have put five restaurants and entertainment venues in Tallinn up for sale, citing personal plans amidst apparent economic difficulties behind several businesses.

Sten-Erik Jantson and Jaak Morna, prominent figures in the Estonian restaurant business, have recently listed for sale five restaurants and entertainment venues located in Tallinn. This move has raised eyebrows in the local culinary scene, especially given the legendary status of one of the venues, Manna la Roosa. The decision to sell comes amid hints of underlying economic challenges that may be affecting their business operations. Jantson's recent social media posts suggest he has other plans in the works, indicating that the decision may not solely be driven by financial issues.

The backdrop to this development highlights the increasing pressures facing the restaurant industry in Estonia, particularly in Tallinn, where competition has intensified in recent years. The COVID-19 pandemic had already placed strains on the hospitality sector, and with ongoing economic uncertainties, many businesses are struggling to maintain profitability. The sale of such well-known establishments raises questions about the future of dining experiences in the city and the potential impact on employees and their jobs.

Additionally, the news signals a broader trend in the Estonian economy where business magnates are re-evaluating their investments and considering divestments in the face of market volatility. The sale of established venues like those mentioned not only affects their owners but also the cultural fabric of Tallinn, given these establishments often play a significant role in the city's nightlife and social scene.

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