Registered 14. detsember 2011, primary activity: Activities of holding companies. 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 | ||
|---|---|---|---|---|---|---|---|
| 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 | |
| 2022AUD | 2 137 000 € | 5 193 000 € | 160,3m € | – | – | 30.06.2023 |
| Year | Revenue (a) | State taxes | Taxes on workforce | Employees (Q4) |
|---|---|---|---|---|
| 2026I Q | 111 175 616 € | 6 420 621 € | 239 221 € | 13 |
| 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 € | – | – | – |
| State taxes 2026 | 6,4m € | – | – | – |
| Taxes on workforce 2026 | 239k € | – | – | – |
| Employees 2026 | 13 | – | – | – |
| 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 68 other companies through 8 people who hold a role here and elsewhere. The strongest tie runs through Kristjan Rahu (28 companies).
| Company | Role | Reg. code |
|---|---|---|
| aktsiaselts Est-Agar | Ultimate beneficial ownerSupervisory board member | 10215434 |
| AS Utilitas Eesti | Supervisory board memberUltimate beneficial owner |
| 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 |
| 10419088 |
| AS Utilitas Tallinna Soojus | Ultimate beneficial owner | 16791481 |
| AS ÜHISTEENUSED | Supervisory board memberUltimate beneficial owner | 11052490 |
| Auroom OÜ | Ultimate beneficial owner | 14867010 |
| EfTEN Kristiine OÜ | Ultimate beneficial owner | 17116468 |
| Energy Solutions OÜ | FounderUltimate beneficial ownerShareholder 100%Board member | 10079445 |
| Fourings OÜ | Ultimate beneficial owner | 16457368 |
| HPT Property OÜ | Ultimate beneficial owner | 12452807 |
| Ida-India Kompanii OÜ | Shareholder 50% | 11495080 |
| K & N Puukaubanduse osaühing | Ultimate beneficial owner | 10027810 |
| Lemonade Stand OÜ | Board memberFounderUltimate beneficial owner | 14776371 |
| Mittetulundusühing VÖIMALUS | Board memberFounderUltimate beneficial owner | 80563728 |
| OÜ Al Mare Auto | Ultimate beneficial owner | 10923792 |
| OÜ Stargate Hydrogen | Ultimate beneficial owner | 16191501 |
| OÜ Stargate Hydrogen Solutions | Ultimate beneficial owner | 16193521 |
| … and 12 more · see on the person page ↗ |
| Company | Role | Reg. code |
|---|---|---|
| aktsiaselts Est-Agar | Ultimate beneficial ownerSupervisory board member | 10215434 |
| AKTSIASELTS TALLINNA VESI | Supervisory board member | 10257326 |
| AS Merirahu Sadam | Ultimate beneficial ownerBoard member | 11397259 |
| AS Utilitas Eesti | Supervisory board memberUltimate beneficial owner | 10419088 |
| AS Utilitas Tallinna Soojus | Supervisory board memberUltimate beneficial owner | 16791481 |
| AS ÜHISTEENUSED | Supervisory board memberUltimate beneficial owner | 11052490 |
| EfTEN Kristiine OÜ | Ultimate beneficial owner | 17116468 |
| Merirahu Elamute ühendus | Board memberUltimate beneficial owner | 80195526 |
| OÜ E44ST | Board memberFounderUltimate beneficial ownerShareholder 35% | 16027811 |
| OÜ Merirahu Võrgud | Board memberUltimate beneficial owner | 10819528 |
| OÜ Sirius Capital | Board memberFounderUltimate beneficial ownerShareholder 100% | 10780683 |
| OÜ Sirius Energy | Board memberUltimate beneficial ownerShareholder 100% | 14663106 |
| OÜ Stargate Hydrogen | Supervisory board member | 16191501 |
| OÜ Utilitas Tallinna Elektrijaam | Supervisory board memberUltimate beneficial owner | 10938397 |
| Reval Auto Esindused OÜ | Supervisory board member | 11708452 |
| Thermory AS | Supervisory board member | 10278819 |
| … and 4 more · see on the person page ↗ | ||
| 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 | Ultimate beneficial ownerBoard memberShareholder 50% | 10656014 |
| Company | Role | Reg. code |
|---|---|---|
| AS Utilitas Eesti | Ultimate beneficial owner | 10419088 |
| AS Utilitas Tallinna Soojus | Ultimate beneficial owner | 16791481 |
| OÜ Utilitas Tallinna Elektrijaam | Ultimate beneficial owner | 10938397 |
| Tuulepealne Maa OÜ | Ultimate beneficial owner | 14218547 |
| Company | Role | Reg. code |
|---|---|---|
| AS Utilitas Eesti | Ultimate beneficial owner | 10419088 |
| AS Utilitas Tallinna Soojus | Ultimate beneficial owner | 16791481 |
| OÜ Utilitas Tallinna Elektrijaam | Ultimate beneficial owner | 10938397 |
| Tuulepealne Maa OÜ | Ultimate beneficial owner | 14218547 |
| Company | Role | Reg. code |
|---|---|---|
| AS Utilitas Eesti | Ultimate beneficial owner | 10419088 |
| AS Utilitas Tallinna Soojus | Ultimate beneficial owner | 16791481 |
| OÜ Utilitas Tallinna Elektrijaam | Ultimate beneficial owner | 10938397 |
| Tuulepealne Maa OÜ | Ultimate beneficial owner | 14218547 |
| Company | Role | Reg. code |
|---|---|---|
| AS Utilitas Tallinna Soojus | Supervisory board member | 16791481 |
| Longstride OÜ | Board memberFounderUltimate beneficial ownerShareholder 100% | 14983532 |
| OÜ Utilitas Wind | Board member | 16171123 |
| Company | Role | Reg. code |
|---|---|---|
| OÜ Utilitas Tallinna Elektrijaam | Ultimate beneficial owner | 10938397 |