June 26, 2017 12:08 AM ET

Transportation Infrastructure

Company Overview of Tallinna Sadam AS

Company Overview

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,...

Sadama 25

Tallinn,  15051

Estonia

Founded in 1992

411 Employees

Phone:

372 6 318 555

Fax:

372 6 318 166

Key Executives for Tallinna Sadam AS

Chairman of the Management Board & Chief Executive Officer
Age: 50
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

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

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

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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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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