10990825ActivePublic limited companyVAT-registered

AS GRAANUL INVEST

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

Haabersti linnaosa, Tallinn, Harju maakondEMTAK 16261 — Manufacture of solid fuels from vegetable biomass22+ years
Updated 3 h ago
e-Business Register
Revenue 2026 (I kv)
€147.2m
▲ 42% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
64
2026 (MTA)
Taxes paid
€631k
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 13.05.2026 (MTA)

Overview

e-Business Register · 3 h ago
Legal form
Public limited company
Date of first registration
25.11.2003e-Business Register
Address
Humala tn 2, Haabersti linnaosa, Tallinn, 10617 Harju maakondADS · e-Business Register
E-mail address
[email protected]e-Business Register
Website
www.graanulinvest.eee-Business Register · domain active
Telephone
+372 6699870e-Business Register
Principal activity
EMTAK 16261 — Manufacture of solid fuels from vegetable biomasse-Business Register · ETCB
VAT number
EE100868265ETCB · VAT-registered
Share capital
10 800 000,00 €e-Business Register
LEI
6488ZRO9A7W150Q2Q435 · issued 02.05.2025GLEIF

Officers (11)

e-Business Register · 3 h ago
RS
Rain Silivask
Born 1973 · 53 y · board member since 11.06.2007
Board member
NB
Nicholas B Dottino
Born 1967 · 59 y · board member since 20.12.2022
Board member
MJ
Mihkel Jugaste
Born 1987 · 39 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
AR
Andres Rätsepp
Born 1972 · 54 y · supervisory board member since 10.04.2017
Supervisory board member
BR
Bradley Regal FiersteinAmeerika Ühendriigid · United States
Born 1983 · 43 y · supervisory board member since 06.10.2021
Supervisory 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

Founders

e-Business Register · 3 h ago
OP
OÜ Pellet InvestLEGAL PERSON
Legal person · 10878560 · founder since 25.11.2003
Founder

Shareholders

e-Business Register · 3 h ago
CH
Cullinan Holdco SCSpLuksemburg · LuxembourgFOREIGN
Foreign / not in register · shareholder since 16.08.2023
Shareholder 100% · €10.8m

Beneficial owners (6)

e-Business Register · 3 h ago
BR
Bradley Regal FiersteinAmeerika Ühendriigid · United States
Born 1983 · 43 y · ultimate beneficial owner since 19.12.2021
Ultimate beneficial owner
AR
Andres Rätsepp
Born 1972 · 54 y · ultimate beneficial owner since 19.12.2021
Ultimate beneficial owner
EF
Efisio FollesaItaalia · Italy
Born 1982 · 44 y · ultimate beneficial owner since 09.02.2023
Ultimate beneficial owner
FE
Fabien Emmanuel MorelliPrantsusmaa · France
Born 1980 · 46 y · ultimate beneficial owner since 09.02.2023
Ultimate beneficial owner
CH
Claudiu Hortu
· ultimate beneficial owner since 26.02.2025
Ultimate beneficial owner
WE
Waleed Elgohary
Born 1976 · 50 y · ultimate beneficial owner since 01.09.2025
Ultimate beneficial owner

Other persons (2)

e-Business Register · 3 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 · 3 h ago

AS GRAANUL INVEST is a shareholder or officer in 11 more companies.

AS GRAANUL INVEST10990825Fibenol Imavere OÜ14428575Foreko OÜ12028699Shareholder 100%Graanul Hake AS11420082Shareholder 100%Graanul Varad OÜ14386256Shareholder 100%Osaühing Osula Graanul10756673Shareholder 100%OÜ Ebavere Graanul12068782Shareholder 100%OÜ GRAANUL ENERGIA11724770Imavere Energia OÜ12086410Osula Energia OÜ12534988OÜ Helme Energia11964913Shareholder 100%OÜ Helme Graanul11546452

Tech stack

Website analysis · 1 päeva tagasi
Domains (1)
www.graanulinvest.ee
Äriregister

Annual reports (6)

e-Business Register · annual reports · 3 päeva tagasi
YearRevenueProfitEquityAssetsEmployees
2024AUD—————24.07.2025
2023AUD—————29.05.2024
2022AUD—————30.06.2023
2021AUD—————27.06.2022
2020AUD—————30.06.2021
2019AUD—————29.06.2020
Original files (PDF, XBRL) — in the e-Business Register.View reports on e-Business Register

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.04.2026 as of
€200.0m€100.0m0
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q147 164 188 €0 €631 069 €64
2025268 217 512 €1 671 077 €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 2026€147.2m———
State taxes 20260 €———
Taxes on workforce 2026€631k———
Employees 202664———
Revenue 2025€103.7m€75.2m€20.4m€68.9m
State taxes 20250 €0 €€541k€1.1m
Taxes on workforce 2025€598k€689k€548k€537k
Employees 202563636364
Revenue 2024€133.9m€75.6m€22.2m€63.6m
State taxes 20240 €0 €0 €0 €
Taxes on workforce 2024€578k€651k€659k€518k
Employees 202472707268
Revenue 2023€180.3m€81.4m€86.4m€48.2m
State taxes 20230 €0 €0 €0 €
Taxes on workforce 2023€529k€457k€864k€497k
Employees 202369707172
Revenue 2022€80.4m€51.7m€92.5m€90.3m
State taxes 20220 €0 €0 €0 €
Taxes on workforce 2022€458k€432k€580k€528k
Employees 202264646667

Licences (1 · 1 other)

MTR · 2 h tagasi
Ühine sagedusluba
TegevuslubaSLM16/1722from 11.04.2016 – 10.04.2023
Valid
Show ended / suspended (1)
Veosevedu
TegevuslubaRVTL004133from 05.08.2016 – 04.08.2026
Filed

Real estate (2 · 18,91 ha)

e-Kinnistusraamat (RIK) · 1 päeva tagasi
Kadastiku tee 8, Imavere küla, Järva vald, Järva maakond
KinnisasiTootmismaa 100%25501:001:1041#1485636
13,91 ha
Kinnistusraamatust →
Suve, Patküla, Tõrva vald, Valga maakond
KinnisasiMaatulundusmaa 100%20302:002:0068#2608740
5,00 ha
Kinnistusraamatust →

Grants (1 · €6k)

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

History (93)

e-Business Register · entries
29.04.2026
Amending entry
Ä 10075988 / 37 · Status: In force
29.04.2026
Amending entry
Entry no. 33
25.04.2025
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Ä 10075988 / 36 · Status: In force
25.04.2025
Amending entry
Entry no. 32
09.06.2023
Amending entry
Ä 10075988 / M7 · Status: Puudused kõrvaldatud
Show 88 more events
16.02.2023
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Ä 10075988 / 35 · Status: In force
16.02.2023
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Entry no. 31
20.12.2022
Amending entry
Ä 10075988 / 34 · Status: In force
20.12.2022
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Entry no. 30
09.08.2022
Amending entry
Ä 10075988 / 33 · Status: In force
09.08.2022
Amending entry
Entry no. 29
30.11.2021
Kommertspandi kustutamiskanne
K 10075988 / 32 · Status: In force
30.11.2021
Kommertspandi kustutamiskanne
Entry no. 10
29.12.2020
Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
Ä 10075988 / 31 · Status: In force
29.12.2020
Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
Entry no. 28
26.10.2020
Amending entry
Ä 10075988 / 30 · Status: In force
26.10.2020
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Entry no. 27
29.06.2020
Amending entry
Ä 10075988 / 29 · Status: In force
29.06.2020
Amending entry
Entry no. 26
18.09.2019
Kommertspandi muutmiskanne
K 10075988 / 28 · Status: In force
18.09.2019
Kommertspandi muutmiskanne
Entry no. 9
17.01.2018
Amending entry
Ä 10075988 / 27 · Status: In force
17.01.2018
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Entry no. 25
08.11.2017
Amending entry
Ä 10075988 / 26 · Status: In force
08.11.2017
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Entry no. 24
03.10.2017
Amending entry
Ä 10075988 / M6 · Status: Puudused kõrvaldatud
03.10.2017
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Ä 10075988 / 25 · Status: In force
03.10.2017
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Entry no. 23
28.09.2017
Amending entry
Ä 10075988 / 24 · Status: In force
28.09.2017
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Entry no. 22
31.08.2016
Amending entry
Ä 10075988 / 23 · Status: In force
31.08.2016
Amending entry
Entry no. 21
10.05.2016
Puuduste kõrvaldamise määrus kandeväliste andmete parandamiseks
Ä 10075988 / M5 · Status: Puudused kõrvaldatud
07.07.2015
Kommertspandi muutmiskanne
K 10075988 / 22 · Status: In force
07.07.2015
Kommertspandi muutmiskanne
Entry no. 8
27.01.2015
Amending entry
Ä 10075988 / 21 · Status: In force
27.01.2015
Amending entry
Entry no. 20
23.01.2015
Amending entry
Ä 10075988 / M4 · Status: Puudused kõrvaldatud
30.05.2014
Kommertspandi muutmiskanne
K 10075988 / 20 · Status: In force
30.05.2014
Kommertspandi muutmiskanne
Entry no. 7
17.09.2013
Amending entry
Ä 10075988 / 19 · Status: In force
17.09.2013
Amending entry
Entry no. 19
20.07.2011
Kommertspandi avamiskanne
K 10080191 / 6 · Status: In force
20.07.2011
Kommertspandi kustutamiskanne
K 10080191 / 5 · Status: In force
20.07.2011
Kommertspandi kustutamiskanne
K 10080191 / 4 · Status: In force
20.07.2011
Kommertspandi avamiskanne
Entry no. 6
20.07.2011
Kommertspandi kustutamiskanne
Entry no. 5
20.07.2011
Kommertspandi kustutamiskanne
Entry no. 4
01.03.2011
Amending entry (ÄS § 525 lg 2 alusel)
Ä 10075988 / 18 · Status: In force
01.03.2011
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 18
04.02.2011
Amending entry
Ä 10075988 / 17 · Status: In force
04.02.2011
Amending entry
Entry no. 17
21.01.2011
Amending entry
Ä 10075988 / M3 · Status: Puudused kõrvaldatud
15.06.2009
Amending entry
Ä 75988 / 16 · Status: In force
15.06.2009
Amending entry
Entry no. 16
08.01.2009
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Entry no. 15
05.01.2009
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Ä 75988 / 15 · Status: In force
13.10.2008
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Ä 75988 / 14 · Status: In force
13.10.2008
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Entry no. 14
31.12.2007
Amending entry
Ä 75988 / 13 · Status: In force
31.12.2007
Amending entry
Entry no. 13
23.08.2007
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Ä 75988 / 12 · Status: In force
23.08.2007
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Entry no. 12
20.07.2007
Kommertspandi avamiskanne
K 80191 / 3 · Status: In force
20.07.2007
Kommertspandi avamiskanne
Entry no. 3
20.07.2007
Kommertspandi muutmiskanne
Entry no. 2
18.07.2007
Kommertspandi muutmiskanne
K 80191 / 2 · Status: In force
11.06.2007
Mitteavaldatav muutmiskanne
Ä 75988 / 11 · Status: In force
11.06.2007
Mitteavaldatav muutmiskanne
Entry no. 11
06.06.2007
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Ä 75988 / 10 · Status: In force
06.06.2007
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Entry no. 10
03.05.2007
Amending entry
Ä 75988 / 9 · Status: In force
03.05.2007
Amending entry
Entry no. 9
11.04.2007
Amending entry
Ä 75988 / M2 · Status: In force
12.12.2006
Amending entry
Ä 75988 / 8 · Status: In force
12.12.2006
Amending entry
Entry no. 8
27.10.2006
Amending entry
Entry no. 7
23.10.2006
Amending entry
Ä 75988 / 7 · Status: In force
05.10.2006
Märkus
Ä 75988 / 6 · Status: In force
05.10.2006
Märkus
Entry no. 6
03.10.2006
Amending entry
Ä 75988 / 5 · Status: In force
03.10.2006
Amending entry
Entry no. 5
16.06.2006
Amending entry
Ä 75988 / 4 · Status: In force
16.06.2006
Amending entry
Entry no. 4
16.07.2004
Amending entry
Entry no. 3
15.07.2004
Amending entry
Ä 75988 / 3 · Status: In force
18.05.2004
Kommertspandi avamiskanne
K 80191 · Status: In force
18.05.2004
Kommertspandi avamiskanne
Entry no. 1
09.03.2004
Amending entry
Ä 75988 / 2 · Status: In force
09.03.2004
Amending entry
Entry no. 2
25.11.2003
First entry
Ä 75988 · Status: In force
25.11.2003
First entry
Entry no. 1
19.11.2003
First entry
Ä 75988 / M1 · Status: In force

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Persons connected to this company also hold roles in 105 other companies.

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