Aerial photography by skycam.ee / Jaan Kronberg

The Kreenholm Manufacturing Company was a textile manufacturing company located on the island of Kreenholm in Narva, Estonia, on the border with Russia. It is situated along the banks of the Narva River, by the Narva Falls; the Baltic Sea is approximately 10 miles (16 km) away, and there is a distance of 75 miles (121 km) to Saint Petersburg. It was founded by Ludwig Knoop, a cotton merchant from Bremen. At one point, the company's cotton spinning and manufacturing mills were the largest in the world; and Kreenholm was considered in its time to be the most important mill in Russia, owning 32,000 acres of land and employing 12,000 people. Throughout its history, the company faced different obstacles such as the possibility of closure after World War I. In 1994, it was privatized after Estonia regained independence. The company went bankrupt in 2010, but continued limited operations after purchase by a new owner.

Source: Wikipedia