Estonia, Legislation, Port, Tourism, Transport
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Tuesday, 09.06.2026, 06:38
Tallinna Sadam wants to double turnover and profits by 2020
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The aim of the company is to achieve 160 million euros of turnover and 80 million euros of pre-tax net profit by the end of this decade, which would make the company the biggest dividend provider for the Estonian state.
The company plans to invest 292 mln euros in the next 8 years, after which the company's asset volume will be 680 million euros.
According to the strategy, the volume of goods handled by the company's ports would grow by 46% as compared to last year to 43.2 million tonnes and the number of passengers would grow by 20.7% to 10.67 million.
Tallinna Sadam council chairman Neinar Seli said that the company set an aim for the next eight years to diversify cargo groups and give additional value to goods.
In the passengers sphere, the strategy sees the best growth potential in the St Petersburg direction and tougher competition at the Helsinki route.
AS Tallinna Sadam consist of five ports.
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