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Search›Companies›AS Baltic Rail
11532987ActivePublic limited companyEE101375320 · VAT-registered

AS Baltic Rail

Harju maakond, Tallinn, Kristiine linnaosa, Tulika tn 17·EMTAK 49201 — Freight rail transport·18+ years
Andmed · ···
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Overview

e-Business Register · 12 h ago
Registry code
e-Business Register
Legal form
Public limited company
Registered
04.09.2008e-Business Register
Address
Tulika tn 17, Kristiine linnaosa, Tallinn, 10613 Harju maakondADS · e-Business Register
E-mail address
stephen.archer@balticrail.come-Business Register
Telephone
+372 6613120· Telia Eesti ASe-Business Register · TTJA NBA
Principal activity
EMTAK 49201 - Freight rail transporte-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
1 000 000,00 €e-Business Register
LEI
8945000VEVOE6XS9ZF28 · issued 04.12.2024 · renewal in 24dGLEIF
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

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  • 78 sources
  • Database
  • Extensions
  • MCP

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© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 9 sourcese-Business Register · 7 min agoMTAGLEIF
e-Business Register ↗

Registered 4. september 2008, primary activity: Freight rail transport. Main place of business in Kristiine linnaosa, Tallinn, Harju maakond.

Revenue 2026 III kv
2 460 219 €
▼ 1% vs 2025 III kv
As of 10.10.2026 (MTA)
Employees
10
2026 (MTA)
Taxes paid
59 475 €
State + labour taxes · 2026 III kv
Tax debt
0 €
As of 08.11.2026 (MTA)
Revenue 2026 (I-III kv)
8,1m €
▼ 7% vs 2025 I-III kv
As of 10.10.2026 (MTA)
Employees
10
2026 (MTA)
Taxes paid
178k €
State + labour taxes · 2026 (I-III kv)
Tax debt
€0
As of 08.11.2026 (MTA)

Officers (4)

e-Business Register · 12 h ago
SC
Stephen Charles Archer
Born 1965 · 61 y · board member since 04.09.2008
Board member
RS
Riivo Sinijärv
· supervisory board member since 29.08.2008
Supervisory board member
TP
Timothy Peter HollawayÜhendkuningriik · United Kingdom
Born 1952 · 74 y · supervisory board member since 29.08.2008
Supervisory board member
EA
Edward Arnold BurkhardtAmeerika Ühendriigid · United States
Born 1938 · 88 y · supervisory board member since 29.08.2008
Supervisory board member

Founders

e-Business Register · 12 h ago
RW
RAIL WORLD B.V.FOREIGN
Foreign / not in register · founder since 04.09.2008
Founder

Shareholders

e-Business Register · 12 h ago
AL
Advokaadibüroo LEVIN OÜLEGAL PERSON
Legal person · 12947348 · shareholder since 16.08.2023
Shareholder 100% · 1,0m €

Other persons (2)

e-Business Register · 12 h ago
AP
Aktsiaselts PricewaterhouseCoopersLEGAL PERSON
Legal person · 10142876 · auditor since 29.08.2008
Auditor
NC
Nasdaq CSD SEFOREIGN
Foreign / not in register · registrar of the shares since 28.09.2017
Registrar of the shares

Annual reports (3)

e-Business Register · annual reports · 10.10.2026
Revenue 2021
8,7m €
↗ +23.1% vs 2020
State taxes 2025
132k €
↗ +0.3% vs 2024
Employees 2021
8
0.0% vs 2020
YearRevenueProfitEquity

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.10.2026 as of
10,0m €5,0m €0

Tech stack

Tehnoloogiad
Mobile carrier
+372 6613120Telia Eesti AS

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
12.07.2026FilingTrahvihoiatusmäärus: majandusaasta aruanne esitamata— Ä 10120978 / M25 · Olek: Jõustunud
05.05.2026FilingAruandetrahvimäärus— Ä 10120978 / M24 · Olek: Jõustunud
14.03.2026FilingTrahvihoiatusmäärus: majandusaasta aruanne esitamata— Ä 10120978 / M23 · Olek: Jõustunud
10.02.2026FilingKorduv aruandetrahvimäärus— Ä 10120978 / M22 · Olek: Jõustunud
09.01.2026Esitati 2021. aasta aruanne

Connected companies

Same-person ties · e-Business Register

AS Baltic Rail is connected to 8 other companies through 1 person who hold a role here and elsewhere. The strongest tie runs through Riivo Sinijärv (8 companies).

Total connections
8
via 1 person
Connecting people
1
Active here
Distinct roles
1
Supervisory board member
Strongest tie
Riivo
8 companies
Via personRiivo Sinijärv
Assets
Employees
2021AUD8 657 339 €−207 316 €-8,6m €1,1m €809.01.2026
2020AUD7 033 500 €−891 783 €-8,4m €1,3m €815.05.2025
2019AUD7 893 492 €−566 449 €-7,5m €1,1m €828.02.2025
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 Q8 097 023 €84 316 €93 239 €10
202511 514 952 €131 680 €143 801 €9
202413 261 089 €131 242 €140 033 €11
202315 863 660 €140 139 €149 178 €10
202219 147 717 €115 737 €123 857 €10
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 20262,6m €3,0m €2,5m €–
State taxes 202628k €28k €28k €–
Taxes on workforce 202631k €31k €31k €–
Employees 2026101010–
Revenue 20253,1m €3,2m €2,5m €2,8m €
State taxes 202534k €32k €32k €33k €
Taxes on workforce 202537k €35k €35k €36k €
Employees 20251010109
Revenue 20243,6m €4,3m €2,5m €2,9m €
State taxes 202434k €32k €33k €32k €
Taxes on workforce 202437k €34k €35k €35k €
Employees 202411111111
Revenue 20234,6m €3,9m €3,6m €3,8m €
State taxes 202332k €39k €36k €34k €
Taxes on workforce 202334k €41k €38k €36k €
Employees 202312121210
Revenue 20224,4m €5,4m €4,2m €5,2m €
State taxes 202227k €29k €30k €31k €
Taxes on workforce 202229k €31k €32k €33k €
Employees 2022991010
Report
— Käive 8 657 339 €
2025
16.12.2025FilingAruandetrahvimäärus— Ä 10120978 / M21 · Olek: Jõustunud
25.09.2025FilingPuuduste kõrvaldamise määrus— Ä 10120978 / M20 · Olek: Jõustunud
15.05.2025ReportEsitati 2020. aasta aruanne— Käive 7 033 500 €
28.02.2025ReportEsitati 2019. aasta aruanne— Käive 7 893 492 €
8
RS
Riivo Sinijärv
supervisory board member
8 other companies›
CompanyRoleReg. code
Eesti Evangeelse Luterliku Kiriku Tallinna Püha Neitsi Maarja Piiskoplik Toomkogudus
Board member
80209270
Kemotex Finance OÜ
Board member
14141520
Kemotex Invest OÜ
Board memberShareholder 100%
11353316
Osaühing Kemotex Bio
Shareholder 27%Board member
10304698
Osaühing Kiriku Varahaldus
Supervisory board member
11014962
Sihtasutus Pelikanifond
Supervisory board member
90014589
Tallinna Piiskopliku Toomkiriku sihtasutus
Supervisory board member
90015548
Tallinna Toomkooli Sihtasutus
Supervisory board member
90010671

Analysis · 2021

computed from annual reports
Revenue8,7m €median 147k €59.0× the sector median
Net margin-2.4%median 1.3%-3.7 pp vs sector median
Revenue per employee1,1m €median 296k €3.7× the sector median
Revenue change23.1%median 12.4%+10.7 pp vs sector median
Equity ratio-798.4%equity is negative
Current ratio0.11current assets cover under 1× liabilities
Labour cost of revenue3.1%
Profit per employee−25 914 €
Compared with2020revenue 7,0m €

Peer group: Kauba raudteevedu, 13 trading companies that filed a report in the last three years.

Founded 2008. That year 20 aktsiaselts were registered; 18 are still trading, or 90.0%.