Hitachi Energy Estonia AS
Hitachi Energy Estonia AS is a AS based in Tallinn, registry code 14838818, status: active. Main activity: Construction of utility projects for electricity and telecommunications. According to EMTA, turnover for Q3 2026 was €19 189 572 with 213 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 19.2 mn €above 98% of companiesindustry median 52 240 € · companies in the industry: 1 125
- Labour taxes per employee 7 272 €above 98% of companiesindustry median 1 750 € · companies in the industry: 933
Taxes and turnover
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 19 189 572 | 1 817 501 | 1 548 835 | 213 |
| Q2 2026 | 18 718 487 | 1 596 284 | 887 718 | 208 |
| Q1 2026 | 14 325 746 | 1 715 428 | 896 303 | 209 |
| Q4 2025 | 16 522 239 | 2 210 861 | 897 893 | 201 |
| Q3 2025 | 9 059 099 | 1 731 807 | 1 460 805 | 201 |
| Q2 2025 | 15 234 192 | 1 033 695 | 832 989 | 196 |
| Q1 2025 | 9 167 182 | 1 044 822 | 836 480 | 192 |
| Q4 2024 | 11 963 787 | 1 581 605 | 810 842 | 199 |
| Q3 2024 | 8 913 347 | 1 399 397 | 1 163 455 | 204 |
| Q2 2024 | 9 995 410 | 1 025 774 | 723 482 | 203 |
| Q1 2024 | 10 558 125 | 1 116 418 | 728 980 | 196 |
| Q4 2023 | 10 135 278 | 735 908 | 701 264 | 195 |
| Q3 2023 | 10 646 655 | 1 240 007 | 908 366 | 183 |
| Q2 2023 | 8 185 083 | 570 715 | 600 274 | 184 |
| Q1 2023 | 7 430 768 | 671 649 | 602 533 | 180 |
| Q4 2022 | 6 970 666 | 671 959 | 553 979 | 175 |
| Q3 2022 | 7 626 762 | 932 213 | 800 953 | 169 |
| Q2 2022 | 4 485 870 | 595 572 | 517 076 | 163 |
| Q1 2022 | 6 011 321 | 514 693 | 473 793 | 163 |
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2026 | 36 679 000 | 2 620 000 | 10 685 000 | 24 640 000 | 7 457 000 | 216 |
| 2025 | 30 414 000 | 1 650 000 | 9 995 000 | 16 305 000 | 4 837 000 | 202 |
| 2024 | 28 123 000 | 1 075 000 | 8 268 000 | 10 705 000 | 3 187 000 | 197 |
| 2023 | 20 260 757 | 10 000 | 6 629 000 | 6 998 000 | 2 112 000 | 185 |
| 2022 | 14 127 917 | -717 000 | 5 568 000 | 4 299 000 | 102 000 | 171 |
| 2021 | 22 039 000 | -651 000 | 6 708 000 | 5 090 000 | 819 000 | 162 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2026
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Apr 2025 – 31 Mar 2026 | 2 Sep 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Apr 2024 – 31 Mar 2025 | 29 Jul 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Apr 2023 – 31 Mar 2024 | 9 Jul 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Apr 2022 – 31 Mar 2023 | 4 Jul 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Apr 2021 – 31 Mar 2022 | 14 Sep 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Nov 2019 – 31 Mar 2021 | 15 Sep 2021 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 31 Oct 2019
- Priit FeldtBoard member · since 30 Jun 2020
- Andrus AavingProcurator · since 14 Nov 2019
- Ragne MaaroosProcurator · since 14 Nov 2019
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Any procurator may represent the public limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.
Owners
No owner information.
Beneficial owners
- Priit FeldtMember of a senior management body (management or supervisory board) · since 6 Nov 2024
Founders and other persons
- Stan NahkorAudit firm · 1 Jul 2020
- Ernst & Young Baltic ASAudit firm · 1 Jul 2020
- Matti Antero VaattovaaraChairman of the supervisory board · 11 Apr 2025
- Janne JoukasSupervisory board member · 8 Jul 2024
- Jukka Pentti Tapio AuranenSupervisory board member · 11 Apr 2025
- Esindajakonto: SIX SIS AGShareholder · 25 000 € · 29 Nov 2024
Related companies
Activities (EMTAK)
- 42221Construction of utility projects for electricity and telecommunications Main
- 82991Other business support service activities n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50132016 / M7 27 Oct 2026 |
Procedural ruling | In force 27 Oct 2026 |
||
| Ä 50132016 / M6 8 Aug 2024 |
Ruling to correct data outside an entry | 22 Aug 2024 | Deficiencies eliminated 13 Aug 2024 |
|
| Ä 50132016 / 10 10 Mar 2023 |
Amendment entry | In force 10 Mar 2023 |
||
| Ä 50132016 / 9 16 Nov 2021 |
Amendment entry | In force 16 Nov 2021 |
||
| Ä 50132016 / M5 21 Oct 2021 |
Ruling to eliminate deficiencies | 10 Nov 2021 | In force 21 Oct 2021 |
|
| Ä 50132016 / M4 19 Oct 2021 |
Ruling to eliminate deficiencies | 18 Nov 2021 | Deficiencies eliminated 16 Nov 2021 |
|
| Ä 50132016 / 8 30 Oct 2020 |
Entry refused | In force 14 Nov 2020 |
||
| Ä 50132016 / 7 30 Oct 2020 |
Amendment entry | In force 30 Oct 2020 |
||
| Ä 50132016 / M3 19 Oct 2020 |
Ruling to eliminate deficiencies | 3 Nov 2020 | Deficiencies eliminated 30 Oct 2020 |
|
| Ä 50132016 / 6 30 Jun 2020 |
Amendment entry | In force 30 Jun 2020 |
||
| Ä 50132016 / M2 16 Jun 2020 |
Ruling to eliminate deficiencies | 16 Jul 2020 | Deficiencies eliminated 30 Jun 2020 |
|
| Ä 50132016 / 5 25 Nov 2019 |
Amendment entry | In force 25 Nov 2019 |
||
| Ä 50132016 / M1 21 Nov 2019 |
Procedural ruling | 1 Dec 2019 | Deficiencies eliminated 21 Nov 2019 |
|
| Ä 50132016 / 4 14 Nov 2019 |
Amendment entry | In force 14 Nov 2019 |
||
| Ä 50132016 / 3 31 Oct 2019 |
First (declaratory) division entry | In force 31 Oct 2019 |
||
| Ä 50132016 / 2 31 Oct 2019 |
Third (informative) division entry | In force 31 Oct 2019 |
||
| Ä 50132016 31 Oct 2019 |
First (declaratory) division entry (card of the new company) | In force 31 Oct 2019 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data