Eesti Energia AS - Company Profile
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Eesti Energia AS (Eesti Energia) is a state-owned energy company that operates in the gas and electricity markets. It also operates in the international liquid fuels market. It carries out mining of oil shale, production of oil, power and heat, and development of oil shale refining know-how and technologies. The company produces electricity from oil shale, water, wind, biogas, sunlight, biomass, and mixed household waste. It markets liquids fuels to heat producers, energy businesses, chemical businesses, road builders, agricultural producers, production businesses, producers and sellers of marine fuels, and refiners of crude oil. The company sells electricity to the retail customers in Baltic region and Poland. The company has presence in Estonia, Finland, Sweden, Poland, Latvia, Lithuania, UAE and Jordan. Eesti Energia is headquartered in Tallinn, Estonia.
Headquarters
Estonia
Address
Lelle 22, Tallinn, 11318
Website
www.energia.ee
Telephone
372 46 52222
No of Employees
4,833
Industry
Power
Revenue (2022)
$2.3B
Eesti Energia AS premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | High-Speed Internet |
| Heat | Electric Vehicle Infrastructure Management |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In February, the company announced its plans to expand its Auvere shale oil plant by adding a refinery to extract valuable chemicals for the plastics industry from low-grade gasoline, a byproduct of shale oil. |
| 2023 | Financing Agreements | In February, the company signed a sustainability linked syndicate term loan of EUR600 million. |
| 2023 | Contracts/Agreements | In February, the company and Aquila Clean Energy sign a Power Purchase Agreement for a new wind farm in Lithuania. |
Competitor Comparison
| Key Parameters | Eesti Energia AS | Slovenske elektrarne as | Latvenergo AS | Ignitis Gamyba AB | Rytu Skirstomieji Tinklai AB |
|---|---|---|---|---|---|
| Headquarters | Estonia | Slovakia | Latvia | Lithuania | Lithuania |
| City | Tallinn | Bratislava | Riga | Elektrenai | Vilnius |
| State/Province | - | Bratislava | Riga | Vilnius | Vilnius |
| No. of Employees | 4,833 | 4,458 | 3,316 | 367 | 2,434 |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marlen Tamm | Head - Management Accounting; Chief Financial Officer | Senior Management | 2023 | - |
| Andrus Durejko | Chairman- Management Board | Senior Management | 2023 | - |
| Anne Mere | Chairman | Non Executive Board | 2022 | - |
| Kelli Toss-Kaasik | Head - Sales and Service Solutions for Customers | Senior Management | 2023 | - |
| Raine Pajo | Head - Strategic Development Projects and Research Activities | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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