Krenholm Manufacture was established in 1857 in Narva by Baron Ludwig Knoop. When Estonia regained independence in 1991, efficient orientation to US and West-European markets made it possible to privatise the enterprise in 1994, whereby the Swedish company Borås Wäfveri AB, quoted on the Stockholm Stock Exchange, became the main shareholder. Krenholm Group is a vertically integrated textile company, d with the objective to achieve operation of all substructures in the conditions of free market economy and to raise efficiency to the modern European level. The vision of Krenholm Group is: "To be a constantly developing European textile manufacture with customer and market orientation, corporate culture, creative product development, production technology and modern management practices." The mission of Krenholm Group is: "To produce and offer to its customers all over the world natural and modern textile products and services, which have maximum added value." Type of Business Textile manufacturer Auditor AS PricewaterhouseCoopers Owner Boras Wäfveri AB, Sweden No. of emloyees 2150 Quality assurance certificate EU Eco-Label (The Flower) Öko-tex - 100 ISO 9001:2000 (Weaving) ISO 9001:2000 and 14001:2004 (Finishing) Turnover 2007 - 773.1 MEEK Membership Estonian Chamber of Commerce and Industry Estonian Clothing and Textile Association Estonian Confederation of Employers and Industry