Company Overview of Tallinna Sadam AS
AS Tallinna Sadam provides port services as a landlord type of port in the Republic of Estonia. The company develops and manages the infrastructure of the port; and organizes vessel’s traffic in the port basin, as well as leases territories to terminal operators through building titles. It owns five harbors, including the Old City Harbor, a passenger harbor and the Old City Marina for small vessels located in the center of Tallinn; the harbor servicing ship repair companies in Paljassaare; the cargo harbor in Muuga; the cargo harbor in Paldiski; and the harbor in Saaremaa for receiving cruise liners. The company also offers icebreaking and other maritime support services; water, heat supply,...
Founded in 1992
Key Executives for Tallinna Sadam AS
Chairman of the Management Board & Chief Executive Officer
CFO & Member of Management Board
Chief Commercial Officer & Member of Management Board
Chief of Infrastructure Development Officer
Head of Tallinn Construction Surveillance Department
Compensation as of Fiscal Year 2016.
Tallinna Sadam AS Key Developments
Tallinna Sadam Mulls Listing
Jun 11 17
Tallinna Sadam is planning for initial public offering (IPO). At a meeting of the supervisory board of the state owned Tallinna Sadam AS last week, the supervisory board gave a nod of approval to the management board to start preparations for listing with a view to listing the shares on the stock market by the end of the first half of 2018 at the latest. As the first step, the company plans to hold an initial public offering (IPO) with the help of an independent financial advisor. The role of the financial advisor would be the independent advising of the issuer and surveillance of the whole process of the IPO as well as helping the management board, supervisory board and owner of the issuer in the IPO process, Port of Tallinn said.
Port of Helsinki Eyes Stake In Tallinna Sadam
May 10 17
Port of Helsinki Ltd. is interested in owning a stake in Tallinna Sadam AS. Estonia has previously expressed its interest in selling 30% of the shares in Port of Tallinn.
Estonian Govt To Move On With Port Of Tallinn Listing Plan
Apr 27 17
The Estonian government on Thursday discussed a plan to list 30% of the shares in the state owned port company Port of Tallinn in the first half of next year and decided to move on with the plan. A more a precise action plan and scenarios for listing will be presented to the government by the Ministry of
Economic Affairs and Communications in the fall and the listing is planned for the first half of 2018, the Government Office said. "The listing of minority shares in Port of Tallinn will offer new opportunities for residents and pension funds in Estonia to invest their money in Estonia" Minister of Economic Affairs and Infrastructure Kadri Simson said. "In our view this step will also enliven local financial markets."
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