Registered 14. detsember 2011, primary activity: Trade of electricity. Main place of business in Kesklinna linnaosa, Tallinn, Harju maakond.
The Tax & Customs Board (MTA) aggregates turnover under the lead company, so the other members appear without revenue in MTA's quarterly extract. Intra-group transactions are not VAT-taxable; only the lead settles VAT with MTA on the group's behalf.
| Year | Revenue | Profit | Equity | Assets | Employees | ||
|---|---|---|---|---|---|---|---|
| 2025AUD | – | – | – | – | – | 30.06.2026 | |
| 2024AUD | 2 942 000 € | 181 000 € | 287,0m € | – | 307 | 30.06.2025 | |
| 2023AUD | 2 576 000 € | 32 504 000 € | 260,6m € | – | 285 | 30.06.2024 | |
| Year | Revenue (a) | State taxes | Taxes on workforce | Employees (Q4) |
|---|---|---|---|---|
| 2026I-II Q | 173 866 746 € | 6 420 621 € | 405 365 € | 14 |
| 2025 | 233 125 093 € | 13 275 461 € | 1 158 747 € | 14 |
| 2024 | 219 063 805 € | 11 389 170 € | 897 992 € | 13 |
| 2023 | 232 916 891 € | 3 379 661 € | 866 908 € | 13 |
| 2022 | 330 798 767 € |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Revenue 2026 | 111,2m € | 62,7m € | – | – |
| State taxes 2026 | 6,4m € | 0 € | – | – |
| Taxes on workforce 2026 | 239k € | 166k € | – | – |
| Employees 2026 | 13 | 14 | – | – |
| Revenue 2025 | 94,2m € | 64,1m € | 26,4m € | 48,4m € |
| State taxes 2025 | 7,3m € | 5,4m € |
Utilitas is an Estonian energy group, the principal activities of which include generating thermal energy and electricity and providing district heating services. Utilitas group comprises district heating companies AS Utilitas Tallinna Soojus and AS Utilitas Eesti, as well as OÜ Utilitas Tallinna Elektrijaam, which produces heat and electricity and OÜ Utilitas Wind develops renewable electricity and storage solution projects in Estonia, Latvia and Lithuania. We provide solutions which are suitable for our customers and the environment, generate and distribute energy as efficiently as possible, and use renewable and local energy sources in the maximum possible extent. 91% of the thermal energy sold is generated from local and renewable fuels. In the past few years, we have been investing in increasing the share of local and renewable fuels. Today, all district heating networks of Utilitas are efficient – all networks located outside of Tallinn use local wood chips as basic fuel.
2025: 3,5m € · 2024: 1,5m €
Osaühing Utilitas is connected to 41 other companies through 4 people who hold a role here and elsewhere. The strongest tie runs through Priit Koit (18 companies).
| Company | Role | Reg. code |
|---|---|---|
| aktsiaselts Est-Agar | Supervisory board member | 10215434 |
| AKTSIASELTS TALLINNA VESI | Supervisory board member | 10257326 |
| AS Merirahu Sadam |
| 2022AUD |
| 2 137 000 € |
| 5 193 000 € |
| 160,3m € |
| – |
| – |
| 30.06.2023 |
| 2021AUD | 1 801 046 € | – | 125,3m € | – | – | 30.06.2022 |
| 2020AUD | 124 836 € | 21 770 € | 102,0m € | – | 257 | 30.06.2021 |
| 2019AUD | 1 192 000 € | 3 679 000 € | 85,3m € | – | 249 | 30.06.2020 |
| 20 449 851 € |
| 703 401 € |
| 11 |
| 0 € |
| 572k € |
| Taxes on workforce 2025 | 189k € | 146k € | 671k € | 152k € |
| Employees 2025 | 13 | 14 | 14 | 14 |
| Revenue 2024 | 93,1m € | 50,9m € | 26,5m € | 48,6m € |
| State taxes 2024 | 6,6m € | 3,0m € | 0 € | 1,7m € |
| Taxes on workforce 2024 | 167k € | 136k € | 462k € | 133k € |
| Employees 2024 | 13 | 13 | 13 | 13 |
| Revenue 2023 | 105,3m € | 57,0m € | 16,1m € | 54,5m € |
| State taxes 2023 | 3,4m € | 0 € | 0 € | 0 € |
| Taxes on workforce 2023 | 138k € | 130k € | 475k € | 124k € |
| Employees 2023 | 12 | 13 | 13 | 13 |
| Revenue 2022 | 139,8m € | 81,3m € | 42,2m € | 67,5m € |
| State taxes 2022 | 13,2m € | 7,3m € | 0 € | 0 € |
| Taxes on workforce 2022 | 158k € | 89k € | 360k € | 97k € |
| Employees 2022 | 11 | 11 | 11 | 11 |
Board member |
| 11397259 |
| AS Utilitas Eesti | Supervisory board member | 10419088 |
| AS Utilitas Tallinna Soojus | Supervisory board member | 16791481 |
| AS ÜHISTEENUSED | Supervisory board member | 11052490 |
| Merirahu Elamute ühendus | Board member | 80195526 |
| OÜ E44ST | Board memberShareholder 35%Founder | 16027811 |
| OÜ Merirahu Võrgud | Board member | 10819528 |
| OÜ Sirius Capital | Shareholder 100%Board memberFounder | 10780683 |
| OÜ Sirius Energy | Shareholder 100%Board member | 14663106 |
| OÜ Stargate Hydrogen | Supervisory board member | 16191501 |
| OÜ Utilitas Tallinna Elektrijaam | Supervisory board member | 10938397 |
| Reval Auto Esindused OÜ | Supervisory board member | 11708452 |
| Thermory AS | Supervisory board member | 10278819 |
| UG Investments OÜ | Board memberShareholder 3% | 12467306 |
| … and 2 more · see on the person page ↗ |
| Company | Role | Reg. code |
|---|---|---|
| aktsiaselts Est-Agar | Supervisory board member | 10215434 |
| AS Utilitas Eesti | Supervisory board member | 10419088 |
| AS ÜHISTEENUSED | Supervisory board member | 11052490 |
| Energy Solutions OÜ | Board memberFounderShareholder 100% | 10079445 |
| Ida-India Kompanii OÜ | Shareholder 50% | 11495080 |
| Lemonade Stand OÜ | FounderBoard member | 14776371 |
| Mittetulundusühing VÖIMALUS | Board memberFounder | 80563728 |
| OÜ Utilitas Tallinna Elektrijaam | Supervisory board member | 10938397 |
| Reval Auto Esindused OÜ | Supervisory board member | 11708452 |
| Saare kuur OÜ | Board memberShareholder 33%Founder | 17180331 |
| Sihtasutus Osiliana | Supervisory board member | 90015040 |
| Thermory AS | Supervisory board member | 10278819 |
| U Energy OÜ | Board memberFounderShareholder 100% | 14128270 |
| UG Investments OÜ | Board memberShareholder 96% | 12467306 |
| Utility Investments OÜ | Board member | 14610819 |
| Utility Wind Investments OÜ | Board member | 17550673 |
| Company | Role | Reg. code |
|---|---|---|
| AS Utilitas Tallinna Soojus | Supervisory board member | 16791481 |
| GABRILAT Osaühing | Founder | 11148556 |
| OÜ Utilitas Tallinna Elektrijaam | Supervisory board member | 10938397 |
| VEDURI VARAHALDUSE OÜ | Board memberShareholder 50% | 10656014 |
| Company | Role | Reg. code |
|---|---|---|
| AS Utilitas Tallinna Soojus | Supervisory board member | 16791481 |
| Longstride OÜ | Shareholder 100%FounderBoard member | 14983532 |
| OÜ Utilitas Wind | Board member | 16171123 |
Peer group: Elektrienergia müük, 51 trading companies that filed a report in the last three years.
Founded 2011. That year 7,666 osaühing were registered; 7,393 are still trading, or 96.4%.