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

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Search›Companies›Nordic Power Management OÜ
11504072ActivePrivate limited companyEE101227711 · VAT-registeredWikidata · Q113466483

Nordic Power Management OÜ

Harju maakond, Tallinn, Pirita linnaosa, Masti tn 17·EMTAK 35151 — Trade of electricity·18+ years
Andmed · ···
On this page
SanctionsOverviewOfficersShareholdersFoundersBeneficial ownersOther rolesForeign parentSubsidiariesFinancialsTax filingsPledgesPledges as creditorLicencesNoticesTech stackCourt rulingsTVK decisionsBlacklistLabour inspectorateHazardous facilityDPA decisionsTax-deductibleEU lobby registerTrademarksPatentsReal estateVehiclesGrantsProcurementsState paymentsActivityConnected companies
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Overview

e-Business Register · 5 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
09.05.2008e-Business Register
Address
Masti tn 17, Pirita linnaosa, Tallinn, 11911 Harju maakondADS · e-Business Register
E-mail address
info@nordicpm.eue-Business Register
Website
www.nordicpm.eue-Business Register · domain active
Telephones
+372 5015308· Elisa Eesti AS+372 6396610· Telia Eesti ASe-Business Register · TTJA NBA
Principal activity
EMTAK 35151 - Trade of electricitye-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
65 000,00 €e-Business Register
LEI
549300M7Q1ZEHBQTT572 · issued 13.03.2015GLEIF
nimistu
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
  • Recent registrations

Data

  • 72 sources
  • Database
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  • About
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  • Donation terms
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  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 16 sourcese-Business Register · 8 min agoMTARTKMTRProcurementsEIS · PRIAPatendiametBuiltWithWeb tech scanEesti InternetGLEIF
e-Business Register ↗

Registered 9. mai 2008, primary activity: Trade of electricity. Main place of business in Pirita linnaosa, Tallinn, Harju maakond.

Revenue 2026 (I kv)
4 558 989 €
▲ 114% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
2
2026 (MTA)
Taxes paid
112 200 €
State + labour taxes · 2026 (I kv)
Tax debt
0 €
As of 26.06.2026 (MTA)
Revenue 2026 (I kv)
4,6m €
▲ 114% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
2
2026 (MTA)
Taxes paid
112k €
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 26.06.2026 (MTA)

Officers (2)

e-Business Register · 5 h ago
TN
Tiit Nigul
Born 1968 · 58 y · board member since 09.05.2008
Board member
RK
Raul Kivari
Born 1978 · 48 y · board member since 11.12.2012
Board member

Founders (2)

e-Business Register · 5 h ago
BC
BF Capital OÜFOREIGN
Foreign / not in register · founder since 09.05.2008
Founder
ON
Osaühing Nelja EnergiaFOREIGN
Foreign / not in register · founder since 09.05.2008
Founder

Shareholders (2)

e-Business Register · 5 h ago
TF
Time Factory OÜLEGAL PERSON
Legal person · 11501065 · shareholder since 04.09.2025
Shareholder 50% · 33k €
TH
TRN Holding OÜLEGAL PERSON
Legal person · 11157911 · shareholder since 04.09.2025
Shareholder 50% · 33k €

Beneficial owners (2)

e-Business Register · 5 h ago
RK
Raul Kivari
Born 1978 · 48 y · ultimate beneficial owner since 25.10.2018
Ultimate beneficial owner
TN
Tiit Nigul
Born 1968 · 58 y · ultimate beneficial owner since 25.10.2018
Ultimate beneficial owner

Other persons (2)

e-Business Register · 5 h ago
TA
Toivo Alajõe
Born 1966 · 60 y · auditor since 22.10.2020
Auditor
AF
Audiitorbüroo Fides OÜLEGAL PERSON
Legal person · 10051145 · auditor since 22.10.2020
Auditor

Subsidiaries

e-Business Register · shareholders · 5 h ago
Nordic Power Management OÜ11504072Shareholder 100%Nordic Energy Solutions OÜ12237440Next Era Solutions OÜ17214745Shareholder 50%Nordicems OÜ17189131Shareholder 16%PE Holding OÜ

Annual reports (6)

e-Business Register · annual reports · 6 päeva tagasi
Revenue 2024
9,3m €
↘ -8.5% vs 2023
State taxes 2025
203k €
↗ +4.5% vs 2024
Employees 2024
1
0.0% vs 2023
YearRevenueProfit

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.04.2026 as of
10,0m €5,0m €0

Licences (3)

MTR · 4 h tagasi
Active licences
3
Elektrienergia1
Maagaas1
Other1
Oldest · Newest
2014→2019
Oldest licenceTEL002386 · 11.07.2014
Newest licenceELM000069 · 03.01.2019
Active3 / 3
ELM000069
Elektrienergia müük
Majandustegevusteade
From03.01.2019

Tech stack

BuiltWith · 8 päeva tagasi
Domains (2)
www.nordicpm.eu
SRCÄriregister
rohelinevalik.ee
NSZone.ee
REGZone Media OÜ
SRCEIS WHOIS
Could not analyse (fetch failed)
Mobile carrier
+372 5015308Elisa Eesti AS

Trademarks (2)

Patendiamet · 16.05.2026
ROHELINE VALIK 100% TAASTUVENERGIA
1 class · figurative-word · 31.10.2013 · M201301048
Registered
NORDIC POWER MANAGEMENT
3 classes · figurative-word · 12.05.2009 · M200900539
Registered

Grants (1 · 135k €)

EIS + PRIA + Kohesio + Estonian Unemployment Insurance Fund
Elektrienergia bilansi- ja portfellihalduse tarkvara digipöörde toetuse taotlus
EISEttevõtete digipöörde toetusTaaste ja vastupidavusrahastu (RRF)2024
135 000 €

Public procurements (7 · 22,5m €)

Procurement Register · 4 h tagasi
Awards
7
2017–2025 · 9 years
Total amount
22,5m €
avg 3,2m €
Buyers
5
top: Aktsiaselts Tallinna Lennujaam
Latest
21.11.2025
34k € · Elering AS
BuyersAll7Aktsiaselts Tallinna Lennujaam3Tallinna Linnakantselei1Kohtla-Järve Linnavalitsus1Elering AS1Tartu Vallavalitsus1

Awards by year

12 yr · total 22,5m €
11,0m €
2,2m €
2,5m €
216k €
6,5m €
34k €
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
20251 award34k €
21.112025
Elektrienergia päritolutunnistused Elering AS poolt 2025 aastal tarbitud taastuvelektri tõendamiseks
ServicesNotice 1eb77668-3f46-4109-b2f2-1f08f9cf8383
Elering AS
11022625
33 900 €
Award value
20221 award6,5m €
09.022022
Elektrienergia ostmine raamhange
ServicesNotice ted-2022-3-102
Aktsiaselts Tallinna Lennujaam
10349560
6 500 000 €
Award value
20201 award216k €
22.042020
Päikeseelektrijaama projekteerimine, ehitamine, elektrivõrguga ühendamine.
ServicesNotice ted-2020-5-98
Aktsiaselts Tallinna Lennujaam
10349560
216 070 €
Award value
20192 awards2,5m €
08.022019
Elektrienergia ostmine Tartu valla konsolideerimisgrupile
ServicesNotice ted-2019-3-752
Tartu Vallavalitsus
75006486
59 €
Award value
01.012019
Elektrienergia ostmine
ServicesNotice ted-2019-1-944
Aktsiaselts Tallinna Lennujaam
10349560
2 500 000 €
Award value
Show remaining 2 awards+
20181 award2,2m €
31.072018
Elektrienergia ostmine
ServicesNotice ted-2018-7-1247
Kohtla-Järve Linnavalitsus
75001017
2 208 000 €
Award value
20171 award11,0m €
23.102017
Elektrienergia ostmine
ServicesNotice ted-2017-11-287
Tallinna Linnakantselei
75014920
11 000 000 €
Award value

State-sector payments (4 · 145k €)

RTK Makseandmik · 15.05.2026
Transactions
4
2024–2026 · 3 years
Total amount
145k €
avg 36k €
Buyers
2
State and municipal bodies
Latest
12.01.2026
66k € · MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM

2026: 66k € · 2025: 69k € · 2024: 10k €

BuyerTxAmountShare
MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM
70003158
3

History

last 2 years · MTA + ÄR + MTR + Procurements
2025
21.11.2025TenderVõitis riigihanke— Elektrienergia päritolutunnistused Elering AS poolt 2025 aastal tarbitud taastuvelektri tõendamiseks · Elering AS · 33 900 €
04.09.2025OfficerSai osanikuks2×expand ›hide ⌃
  • Time Factory OÜ · · 50 %
  • TRN Holding OÜ · · 50 %
04.09.2025FilingMuutmiskanne2×

Connected companies

Same-person ties · e-Business Register

Nordic Power Management OÜ is connected to 54 other companies through 3 people who hold a role here and elsewhere. The strongest tie runs through Raul Kivari (8 companies).

Total connections
54
via 3 people
Connecting people
3
Active here
Distinct roles
3
Board member · Ultimate beneficial owner
Strongest tie
Raul
8 companies
Via personRaul Kivari
16050980
  • Nordic Energy Solutions OÜ (12237440) Founder, Shareholder 100%
  • Nordicems OÜ (17189131) Founder, Shareholder 50%
  • PE Holding OÜ (16050980) Shareholder 16%
  • Next Era Solutions OÜ (17214745) Founder (via Nordic Energy Solutions OÜ)
Nordic Power Management OÜ is a shareholder or officer in 4 more companies.
Equity
Assets
Employees
2024AUD9 325 247 €573 849 €1,9m €3,0m €130.06.2025
2023AUD10 194 736 €797 840 €2,6m €3,4m €130.06.2024
2022AUD26 692 685 €1 248 131 €1,8m €6,3m €312.07.2023
2021AUD17 202 701 €112 246 €1,8m €7,8m €930.06.2022
2020AUD6 817 163 €−39 844 €2,1m €3,5m €919.07.2021
2019AUD8 891 538 €−146 521 €2,6m €4,1m €927.10.2020
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 Q4 558 989 €99 408 €12 792 €2
20256 883 179 €203 097 €38 269 €2
20247 872 034 €194 390 €33 635 €2
20239 710 182 €320 986 €35 262 €2
202224 002 174 €444 013 €24 652 €1
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 20264,6m €–––
State taxes 202699k €–––
Taxes on workforce 202613k €–––
Employees 20262–––
Revenue 20252,1m €1,4m €1,3m €2,1m €
State taxes 2025161k €8k €0 €34k €
Taxes on workforce 202512k €9k €9k €9k €
Employees 20252222
Revenue 20243,3m €1,5m €1,7m €1,4m €
State taxes 2024185k €2k €7k €0 €
Taxes on workforce 202411k €8k €8k €7k €
Employees 20242222
Revenue 20233,6m €1,7m €2,0m €2,4m €
State taxes 2023299k €15k €7k €0 €
Taxes on workforce 202315k €7k €7k €7k €
Employees 20232222
Revenue 20227,5m €4,6m €6,9m €5,0m €
State taxes 2022161k €0 €0 €283k €
Taxes on workforce 20228k €6k €6k €5k €
Employees 20221111
UntilOpen-ended
Valid
MGS000089
Gaasi müük
Majandustegevusteade
From19.03.2018
UntilOpen-ended
Valid
TEL002386
Elektritööd
Majandustegevusteade
From11.07.2014
UntilOpen-ended
Valid
+372 6396610
Telia Eesti AS
Widgets16RSS / feeds4Email server4Mobile technologies3Programming language3JavaScript libraries2SSL certificate2Frameworks1Web server1Hosting1Content management (CMS)1Media1Mapping1Copyright1Ns1
Category breakdown
Widgets (16)
WordPress Plugins · Fonts · SEO Management · Content Modification · UX/UI Design Tool · Photo & Video Marketing · Page Builder Addons · Data Display Widgets · Content Embedding · Website Builder Plugins · Translation · Localization Software · Bot Detection · Cybersecurity · Fraud Prevention · Security Management Platform · Spam Protection · Vulnerability Management · Website Security · Content Creation · Low-Code/No-Code Platform · Page Builder · Site Search · Search API · Semantic Search · Content Optimization · Caching · Website Performance · Web Performance Monitoring · Graphic Design Tool
RSS / feeds (4)
–
Email server (4)
Secure Email · DMARC
Mobile technologies (3)
–
Programming language (3)
–
JavaScript libraries (2)
JavaScript Library · Animation · DOM Manipulation · Event Handling · Ajax Library · Compatibility · Browser Feature Detection
SSL certificate (2)
Root Authority
Frameworks (1)
Schema
Web server (1)
–
135k €
Riigi Kinnisvara AS
10788733
1
10k €
20261 transaction · 66k €
12.012026
MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM70003158
MUUD TOETUSED · Üldine majandus- ja kaubanduspoliitika
65 843 €
20252 transactions · 69k €
29.072025
MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM70003158
MUUD TOETUSED · Üldine majandus- ja kaubanduspoliitika
38 407 €
06.012025
MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM70003158
MUUD TOETUSED · Üldine majandus- ja kaubanduspoliitika
30 750 €
20241 transaction · 10k €
01.042024
Riigi Kinnisvara AS10788733
MAJANDAMISKULUD · Muud üldised teenused
9760 €
expand ›
hide ⌃
  • Ä 10118301 / 16 · Olek: Jõustunud
  • Kanne nr 15 · kanne
30.06.2025ReportEsitati 2024. aasta aruanne— Käive 9 325 247 €
2024
30.06.2024ReportEsitati 2023. aasta aruanne— Käive 10 194 736 €
8
Tiit Nigul7
Toivo Alajõe39
RK
Raul Kivari
board member, ultimate beneficial owner
8 other companies›
CompanyRoleReg. code
Mäekuninga Selts
Board memberFounderUltimate beneficial owner
80390110
Nordic Energy Solutions OÜ
Board memberUltimate beneficial owner
12237440
Nordicems OÜ
Board memberUltimate beneficial owner
17189131
Osaühing Melrau
Founder
11007940
OÜ Roodevälja Energia
Board member
16241384
PE Holding OÜ
Board member
16050980
Pärnu linn, Kuninga tn 13 korteriühistu
Board member
80532357
Time Factory OÜ
Board memberFounderShareholder 50%Ultimate beneficial owner
11501065
TN
Tiit Nigul
board member, ultimate beneficial owner
7 other companies›
CompanyRoleReg. code
BFE OÜ
Ultimate beneficial ownerBoard member
11322379
Kiini tänava MTÜ
FounderUltimate beneficial ownerLiquidator
TA
Toivo Alajõe
auditor
39 other companies›
CompanyRoleReg. code
aktsiaselts Fastek
Auditor
10389826
aktsiaselts LINTER- TRANSPORT
Auditor
10136663
aktsiaselts MAXILLA
Hosting (1)
Server Location
Content management (CMS) (1)
Open Source · Blog · Simple Website Builder · Community CMS · eCommerce Enabled
Media (1)
Video Players
Mapping (1)
Maps
Copyright (1)
–
Ns (1)
–
80364791
MilkEst OÜ
LiquidatorUltimate beneficial owner
14195071
Nordic Energy Solutions OÜ
Board memberUltimate beneficial owner
12237440
Nordicems OÜ
Ultimate beneficial owner
17189131
osaühing Helenium
Founder
10559599
TRN Holding OÜ
Ultimate beneficial ownerBoard memberShareholder 100%
11157911
Auditor
10050708
aktsiaselts SANGASTE LINNAS
Auditor
10273466
aktsiaselts SIRJE
Auditor
10125470
Aktsiaselts VALUMEHAANIKA
Auditor
10287528
AS Balmung
Auditor
11381991
AS Emajõe Veevärk
Auditor
11044696
AS Floorin
Auditor
10116057
Audiitorbüroo Fides OÜ
Shareholder 18%Board member
10051145
EESTI KUTSELISTE KALURITE ÜHISTU
Auditor
11177380
Kirjastus Pegasus OÜ
Auditor
10806359
LIVONIA OÜ
Auditor
10050714
Nordic Hemp Tulundusühistu
Auditor
14209057
osaühing ABIMERK
Auditor
10042815
Osaühing Diivaniparadiis
Auditor
10388850
… and 23 more · see on the person page ↗