ContactTerms
ET/EN/RU
EN
EestiEnglishРусский
nimistuEstonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Activity licences
  • Recent registrations

Data

  • 78 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
  • FAQ
  • For journalists
  • Donate
  • Donation terms
  • Refunds
  • Terms
  • Privacy
  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
ContactTerms
ET/EN/RU
EN
EestiEnglishРусский
nimistu
Search›Companies›AS GRAANUL INVEST
10990825ActivePublic limited companyEE100868265 · VAT-registeredWikidata · Q63986372

AS GRAANUL INVEST

Harju maakond, Tallinn, Haabersti linnaosa, Humala tn 2·EMTAK 16261 — Manufacture of solid fuels from vegetable biomass·22+ years
Andmed · ···
On this page
SanctionsOverviewOfficersShareholdersFoundersOther rolesForeign parentSubsidiariesFinancialsTax filingsPledgesPledges as creditorLicencesNoticesTech stackCourt rulingsTVK decisionsBlacklistLabour inspectorateHazardous facilityDPA decisionsTax-deductibleEU lobby registerTrademarksPatentsReal estateVehiclesGrantsProcurementsDocumentsState paymentsActivityConnected companies
Extension

Right in search

nimistu card above Google, Bing and DuckDuckGo results.

Chrome→Firefox→Edge→
Free · ~14 KB
See the extension →

Overview

e-Business Register · 12 h ago
Registry code
e-Business Register
Legal form
Public limited company
Registered
25.11.2003e-Business Register
Address
Humala tn 2, Haabersti linnaosa, Tallinn, 10617 Harju maakondADS · e-Business Register
E-mail address
info@graanulinvest.come-Business Register
Website
www.graanulinvest.eee-Business Register · domain active
Telephone
+372 6699870· Telia Eesti ASe-Business Register · TTJA NBA
Principal activity
EMTAK 16261 - Manufacture of solid fuels from vegetable biomasse-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
10 800 000,00 €e-Business Register
LEI
6488ZRO9A7W150Q2Q435 · issued 02.05.2025GLEIF
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Activity licences
  • Recent registrations

Data

  • 78 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
  • FAQ
  • For journalists
  • Donate
  • Donation terms
  • Refunds
  • Terms
  • Privacy
  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
EU lobby register
Data · 19 sourcese-Business Register · 1 min agoMTARTKMTRKohesioRiigi Teataja · RiigikohusEUIPOBuiltWithWeb tech scanEesti InternetGLEIFTööinspektsioonEU lobby register
e-Business Register ↗

Registered 25. november 2003, primary activity: Manufacture of solid fuels from vegetable biomass. Main place of business in Haabersti linnaosa, Tallinn, Harju maakond.

Revenue 2026 III kv
81 349 215 €
▲ 299% vs 2025 III kv
As of 10.10.2026 (MTA)
Employees
67
2026 (MTA)
Taxes paid
609 274 €
State + labour taxes · 2026 III kv
Tax debt
0 €
As of 10.11.2026 (MTA)
Revenue 2026 (I-III kv)
317,5m €
▲ 59% vs 2025 I-III kv
As of 10.10.2026 (MTA)
Employees
67
2026 (MTA)
Taxes paid
2,0m €
State + labour taxes · 2026 (I-III kv)
Tax debt
€0
As of 10.11.2026 (MTA)

Officers (11)

e-Business Register · 12 h ago
RS
Rain Silivask
Born 1973 · 53 y · board member since 11.06.2007
Board member
MJ
Mihkel Jugaste
Born 1987 · 38 y · board member since 20.12.2022
Board member
JH
Jaano Haidla
Born 1971 · 55 y · board member since 25.04.2025
Board member
MD
Mark Douglas James McConnell
Born 1988 · 38 y · board member since 29.04.2026
Board member
LC
Lars Christian Bacher
Born 1964 · 62 y · board member since 25.06.2026
Board member
RK
Raul Kirjanen
Born 1976 · 50 y · supervisory board member since 27.01.2023
Supervisory board member
WE
Waleed Elgohary
Born 1976 · 50 y · supervisory board member since 17.10.2023
Supervisory board member
DP
David Patrick StangisAmeerika Ühendriigid · United States
Born 1965 · 61 y · supervisory board member since 05.03.2026
Supervisory board member
JL
James LaiÜhendkuningriik · United Kingdom
Born 1995 · 31 y · supervisory board member since 20.03.2026
Supervisory board member
BR
Bradley Regal FiersteinAmeerika Ühendriigid · United States
Born 1983 · 42 y · supervisory board member since 07.10.2026
Supervisory board member
AR
Andres Rätsepp
Born 1972 · 54 y · supervisory board member since 07.10.2026
Supervisory board member

Founders

e-Business Register · 12 h ago
OP
OÜ Pellet InvestLEGAL PERSON
Legal person · 10878560 · founder since 25.11.2003
Founder

Shareholders

e-Business Register · 12 h ago
CH
Cullinan Holdco SCSpLuksemburg · LuxembourgFOREIGN
Foreign / not in register · shareholder since 16.08.2023
Shareholder 100% · 10,8m €

Other persons (2)

e-Business Register · 12 h ago
NC
Nasdaq CSD SEFOREIGN
Foreign / not in register · registrar of the shares since 28.09.2017
Registrar of the shares
AP
Aktsiaselts PricewaterhouseCoopersLEGAL PERSON
Legal person · 10142876 · auditor since 07.01.2021
Auditor

Subsidiaries

e-Business Register · shareholders · 12 h ago
AS GRAANUL INVEST10990825Fibenol Imavere OÜ14428575Foreko OÜ12028699Shareholder 100%Graanul Hake AS11420082Shareholder 100%Graanul Varad OÜ14386256

Annual reports (7)

e-Business Register · annual reports · 1 päeva tagasi
Revenue 2024
222,9m €
↘ -7.9% vs 2023
State taxes 2025
1,7m €
YearRevenueProfitEquityAssetsEmployees

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.10.2026 as of
200,0m €100,0m €0

Licences (1 · 1 ended)

MTR · 11 h tagasi
Active licences
1
Sagedusload1
Oldest · Newest
2016→2016
Oldest licenceSLM16/1722 · 11.04.2016
Active1 / 2
SLM16/1722
Ühine sagedusluba
Tegevusluba
From11.04.2016
Until10.04.2023
Valid

Tech stack

Website analysis · 2 päeva tagasi
Domains (4)
www.graanulinvest.ee
SRCÄriregister
graanulbioenergy.ee
REGALMIC OÜ
SRCEIS WHOIS
Could not analyse (fetch failed)
graanulinvest.ee
SPF

Court rulings (1 · 1 as claimant)

Riigi Teataja
20171 decision
14.12.20172-16-1269/55
Võlaõigus › VõõrandamislepingudTallinna Ringkonnakohtu tsiviilkolleegiumDecision PDF →On Riigi Teataja →On lahend.ee →
HagejaJõustunud

Labour Inspectorate (6 alien-employment notice(s))

opendata.ti.ee

Posted foreign workers· 8 workers

202427.11.2024
MAN Energy Solutions Iberia, S.A.U.
Energeetika töödejuhataja
Hispaania
1
Workers
202417.06.2024
URBAS Maschinenfabrik GmbH
Koostelukksepp
Austria
2
Workers

EU Transparency Register

EU Transparency Register · interest representatives
★
AS GRAANUL INVEST is registered with the EU Transparency Register
Companies & groups·LTD·Registered 12.10.2026
TR ID
1750833106704-22
Annual lobby cost€400,000 – €499,999
Interest areas4
Show full registration infointerest areas · stated goals · contacts+

Trademarks (13 · 1 ended)

EUIPO · 6 päeva tagasi
g Graanul
2 classes · figurative · 01.12.2023 · 018958599
Registered
GG
g Graanul
2 classes · word · 14.11.2023 · 018950549
Registered
graanul invest
5 classes · figurative · 02.11.2023 · 018945075
Registered

Grants (1 · 6k €)

EIS + PRIA + Kohesio + Estonian Unemployment Insurance Fund
Graanul Invest AS ressursiaudit
KohesioÜhtekuuluvuspoliitika fond (ERDF)European Regional Development Fund2016
6000 €

Public procurements (1 · 3,2m €)

Procurement Register · 11 h tagasi
Awards
1
2026–2026 · 1 year
Total amount
3,2m €
avg 3,2m €
Suppliers
1
top: Grynerga UAB
Latest
07.08.2026
3,2m € · AS GRAANUL INVEST
20261 award3,2m €
07.082026
Flue Gas Condenser
Services

State-sector payments (6 · 22k €)

RTK Makseandmik · 15.05.2026
Transactions
6
2024–2024 · 1 year
Total amount
22k €
avg 4k €
Buyers
1
State and municipal bodies
Latest
07.05.2024
4k € · Tõstamaa Keskkool
20245 transactions · 19k €
07.052024
Tõstamaa Keskkool75013339
MAJANDAMISKULUD · Öömaja

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
07.10.2026OfficerAstus nõukogusse2×expand ›hide ⌃
  • Andres Rätsepp
  • Bradley Regal Fierstein
29.06.2026ReportEsitati 2025. aasta aruanne
25.06.2026OfficerAstus juhatusse— Lars Christian Bacher

Connected companies

Same-person ties · e-Business Register

AS GRAANUL INVEST is connected to 48 other companies through 5 people who hold a role here and elsewhere. The strongest tie runs through Raul Kirjanen (12 companies).

Total connections
48
via 5 people
Connecting people
5
Active here
Distinct roles
2
Board member · Supervisory board member
Strongest tie
Raul
12 companies
Via personRaul Kirjanen
Shareholder 100%Osaühing Osula Graanul10756673Shareholder 100%OÜ Ebavere Graanul12068782Shareholder 100%OÜ GRAANUL ENERGIA11724770Imavere Energia OÜ12086410Osula Energia OÜ12534988OÜ Helme Energia11964913Shareholder 100%OÜ Helme Graanul11546452
  • Fibenol Imavere OÜ (14428575) Founder
  • Foreko OÜ (12028699) Founder
  • Graanul Hake AS (11420082) Shareholder 100%
  • Graanul Varad OÜ (14386256) Founder, Shareholder 100%
  • Osaühing Osula Graanul (10756673) Shareholder 100%
  • OÜ Ebavere Graanul (12068782) Shareholder 100%
  • OÜ GRAANUL ENERGIA (11724770) Shareholder 100%
  • OÜ Helme Graanul (11546452) Founder, Shareholder 100%
  • Imavere Energia OÜ (12086410) Founder, Shareholder 100% (via OÜ GRAANUL ENERGIA)
  • Osula Energia OÜ (12534988) Founder, Shareholder 100% (via OÜ GRAANUL ENERGIA)
  • OÜ Helme Energia (11964913) Founder, Shareholder 100% (via OÜ GRAANUL ENERGIA)
AS GRAANUL INVEST is a shareholder or officer in 11 more companies.
2025AUD–––––29.06.2026
2024AUD222 881 000 €35 626 000 €436,2m €501,5m €53224.07.2025
2023AUD241 972 000 €15 404 000 €363,4m €482,2m €52829.05.2024
2022AUD280 980 000 €46 030 000 €340,5m €523,0m €50930.06.2023
2021AUD216 083 000 €71 597 000 €229,6m €423,3m €49727.06.2022
2020AUD348 475 000 €–318,2m €580,5m €55330.06.2021
2019AUD319 552 000 €42 251 000 €391,1m €661,9m €52129.06.2020
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I-III Q317 463 294 €0 €1 990 956 €67
2025268 217 512 €1 674 063 €2 372 448 €64
2024295 314 442 €0 €2 405 549 €68
2023396 274 009 €0 €2 347 122 €72
2022314 905 420 €0 €1 997 172 €67
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026147,2m €88,9m €81,3m €–
State taxes 20260 €0 €0 €–
Taxes on workforce 2026631k €751k €609k €–
Employees 2026646667–
Revenue 2025103,7m €75,2m €20,4m €68,9m €
State taxes 20250 €0 €541k €1,1m €
Taxes on workforce 2025598k €689k €548k €537k €
Employees 202563636364
Revenue 2024133,9m €75,6m €22,2m €63,6m €
State taxes 20240 €0 €0 €0 €
Taxes on workforce 2024578k €651k €659k €518k €
Employees 202472707268
Revenue 2023180,3m €81,4m €86,4m €48,2m €
State taxes 20230 €0 €0 €0 €
Taxes on workforce 2023529k €457k €864k €497k €
Employees 202369707172
Revenue 202280,4m €51,7m €92,5m €90,3m €
State taxes 20220 €0 €0 €0 €
Taxes on workforce 2022458k €432k €580k €528k €
Employees 202264646667
Show ended / suspended (1)
RVTL004133
Veosevedu
Tegevusluba
From05.08.2016
Until04.08.2026
Ended
DMARC
MXMicrosoft 365
NSCloudflare
REGALMIC OÜ
SRCEIS WHOIS
Detected technologies
UI frameworkBootstrap · Tailwind CSS
OtherOpen Graph · Schema.org
JavaScript libraryjQuery
AnalyticsGoogle Analytics
Web servernginx
pellet.ee
SPFDMARC
NSCloudflare
REGALMIC OÜ
SRCEIS WHOIS
Detected technologies
CDNCloudflare
JavaScript libraryjQuery
UI frameworkTailwind CSS
OtherOpen Graph
Mobile carrier
+372 6699870Telia Eesti AS
2024
13.06.2024
MAN Energy Solutions SE
Tehniliste süsteemide spetsialist
Saksamaa
1
Workers
202405.06.2024
MAN Energy Solutions España, S.A.U.
Energeetika töödejuhataja
Hispaania
1
Workers
202408.04.2024
MAN Energy Solutions SE
Tehnikahooldusinsener, Tehniliste süsteemide spetsialist
Saksamaa
2
Workers
202320.09.2023
stela Laxhuber GmbH
Monteerimise töödejuhataja
Saksamaa
1
Workers
Head office
Tallinn
EU officeTallinn
Websitewww.graanulinvest.com
Reporting period01.01.2025 – 01.12.2025
Levels of interesteuropean
Interest areas
Climate actionEnergyEnvironmentForeign affairs and security policy
Stated goals

The use of wood waste in energy production allows us to move towards meeting our climate goals by burning less oil, oil shale or natural gas. Sustainably produced wood-based biomass is an environmentally friendly energy source, provided that the raw material comes from the natural waste stream, does not compete in price or value with other industries and is produced with the least possible environmental impact. The energy produced from biomass meeting these criteria has a life-cycle emission reduction potential of up to 98% compared to coal and is indispensable for achieving climate goals.

EU Transparency RegisterView on the register ↗
GR
Graanul Bioenergy
4 classes · word · 19.02.2021 · 018401362
Registered
NATURKRAFT
3 classes · figurative · 12.10.2015 · 014658074
Registered
FLEX HEAT
3 classes · figurative · 12.10.2015 · 014658041
Registered
PELLETGREEN
1 class · figurative · 25.11.2010 · 009551789
Registered
FL
FLEX HEAT
1 class · word · 24.11.2010 · 009547662
Registered
Show remaining registered (5)
b-green
1 class · figurative · 19.06.2009 · 008376824
Registered
pelletkraft
3 classes · figurative · 02.10.2008 · 007285281
Registered
graanul invest
3 classes · figurative · 04.12.2007 · 006484398
Registered
(FIGURATIVE)
4 classes · figurative · 04.12.2007 · 006484562
Registered
NATURKRAFT
2 classes · figurative · 31.05.2006 · 005108758
Registered
Show ended (1)
fulghum graanul
4 classes · figurative · 09.04.2009 · 008209355
Expired
Notice e7a47c27-f097-49e2-a67f-b1615b33ca65
Grynerga UAB
305792709
3 197 000 €
Award value
3702 €
01.042024
Tõstamaa Keskkool75013339
MAJANDAMISKULUD · Öömaja
4125 €
06.032024
Tõstamaa Keskkool75013339
MAJANDAMISKULUD · Öömaja
3926 €
09.022024
Tõstamaa Keskkool75013339
MAJANDAMISKULUD · Öömaja
4007 €
26.012024
Tõstamaa Keskkool75013339
MAJANDAMISKULUD · Öömaja
3683 €
Show remaining 1 transactions+
20241 transaction · 3k €
12.012024
Tõstamaa Keskkool75013339
MAJANDAMISKULUD · Põhi- ja üldkeskharidus
2607 €
25.06.2026
FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 10075988 / 38 · Olek: Jõustunud
  • Kanne nr 34 · kanne
10.06.2026FilingMuutmiskanne— Ä 10075988 / M8 · Olek: Puudused kõrvaldatud
29.04.2026OfficerAstus juhatusse— Mark Douglas James McConnell
29.04.2026FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 10075988 / 37 · Olek: Jõustunud
  • Kanne nr 33 · kanne
20.03.2026OfficerAstus nõukogusse— James Lai
05.03.2026OfficerAstus nõukogusse— David Patrick Stangis
2025
24.07.2025ReportEsitati 2024. aasta aruanne
25.04.2025OfficerAstus juhatusse— Jaano Haidla
25.04.2025FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 10075988 / 36 · Olek: Jõustunud
  • Kanne nr 32 · kanne
12
Jaano Haidla11
Andres Rätsepp11
Rain Silivask10
Mihkel Jugaste4
RK
Raul Kirjanen
supervisory board member
12 other companies›
CompanyRoleReg. code
Apalta Patents OÜ
Board member
16704157
Apalta Varad OÜ
Board member
16129109
AS Roger Puit
Supervisory board member
10106076
Fibenol OÜ
Supervisory board member
16129115
Osaühing KARO METS
Supervisory board member
11422840
Osaühing Renalis
Supervisory board member
10521289
Osaühing Tabasalu Elamute Arendus
Shareholder 2%
10820566
Osaühing Valga Puu
Supervisory board member
10600304
OÜ Biofuel
Board memberShareholder 100%
10962786
OÜ RNLS Holdings
Board member
17017192
Piimatöötlemise OÜ
Board member
17540806
Tallinn, Kuristiku tn 4 korteriühistu
Founder
80388679
JH
Jaano Haidla
board member
11 other companies›
CompanyRoleReg. code
Eesti Metsa- ja Puidutööstuse Liit
Board member
80014950
Eesti Võrkpalli Liit
Board member
80023481
Graanul Hake AS
AR
Andres Rätsepp
supervisory board member
11 other companies›
CompanyRoleReg. code
AD Property Holdings OÜ
Board member
14470459
Brackmann Arendus OÜ
Board member
16259036
Europe Ventures OÜ
RS
Rain Silivask
board member
10 other companies›
CompanyRoleReg. code
Graanul Hake AS
Board member
11420082
Graanul Varad OÜ
Board member
14386256
Imavere Energia OÜ
MJ
Mihkel Jugaste
board member
4 other companies›
CompanyRoleReg. code
Ardu Grill OÜ
Shareholder 33%FounderBoard member
16064479
Graanul Varad OÜ
Board member
14386256
Board member
11420082
Imavere Energia OÜ
Board member
12086410
Osaühing Osula Graanul
Board member
10756673
Osaühing Trapets JH
Board memberFounderShareholder 100%
10885465
Osula Energia OÜ
Board member
12534988
OÜ Ebavere Graanul
Board member
12068782
OÜ GRAANUL ENERGIA
Board member
11724770
OÜ Helme Energia
Board member
11964913
OÜ Helme Graanul
Board member
11546452
Board member
12330530
Fibenol OÜ
Supervisory board member
16129115
Neorenerg OÜ
Board member
16609884
NSR Varad OÜ
Board memberShareholder 100%
16782364
Partituur OÜ
Board member
17431081
Sarto Capital Management OÜ
Board member
16432606
Sarto Global Systematic Equity Fund GP OÜ
Board member
17367064
Sarto Holding OÜ
FounderBoard memberShareholder 100%
10812288
SRT Varade OÜ
Board member
17496488
Board member
12086410
Osaühing Osula Graanul
Board member
10756673
Osula Energia OÜ
Board member
12534988
OÜ Ebavere Graanul
Board member
12068782
OÜ GRAANUL ENERGIA
Board member
11724770
OÜ Helme Energia
Board member
11964913
OÜ Helme Graanul
Board member
11546452
Waterman OÜ
Board memberFounderShareholder 100%
16061216
OÜ Aissbreiker
FounderShareholder 11%
17132606
OÜ GRAANUL ENERGIA
Board member
11724770

Documents (32)

dokumendiregister.ee
  • 16.01.2026Kiri· Sissetulev kiriTranspordiamet
  • 27.12.2023Imavere Energia OÜ elektri ja soojuse koostootmisjaama õhuheitmete mõõtmised -2023· Sissetulev kiriTallinna Tehnikaülikool
  • 27.12.2023Imavere Energia OÜ elektri ja soojuse koostootmisjaama õhuheitmete mõõtmised -2023· Väljaminev kiriTallinna Tehnikaülikool
  • 02.10.2023Helme Energia OÜ elektri ja soojuse koostootmisjaama õhuheitmete mõõtmised - 2023· Sissetulev kiriTallinna Tehnikaülikool
  • 02.10.2023Helme Energia OÜ elektri ja soojuse koostootmisjaama õhuheitmete mõõtmised - 2023· Väljaminev kiriTallinna Tehnikaülikool
  • 23.04.2023Sissetulev kiri· Sissetulev kiriKonkurentsiamet
  • 03.04.2023Infokiri· Sissetulev dokumentTerviseamet
  • 21.10.2022Helme Energia OÜ elektri ja soojuse koostootmisjaama õhuheitmete mõõtmised· Sissetulev kiriTallinna Tehnikaülikool
View all 32 →

Analysis · 2025

computed from annual reports
Compared with2024

Peer group: Taimsest biomassist tahkekütuste tootmine, 15 trading companies that filed a report in the last three years.

Founded 2003. That year 28 aktsiaselts were registered; 27 are still trading, or 96.4%.