Company details
| Company code: | 12433862 |
| VAT identification number: | EE101630829 |
| Head office: | Narva mnt 5 10117 Tallinn, Estonia |
| Correspondence address: | Narva mnt 5 10117 Tallinn, Estonia |
| Establishment date and register: | May 2013, Estonia Register of Legal Entities |
| Bank account: | EE951010220275717228 |
| Bank: | AS SEB Pank |
| Shareholders: | Ignitis UAB – 100% |
| Share capital: | EUR 170,000 |
Contact information
| Phone number: | +372 622 5366 |
| E-mail: | [email protected] |
| Web: | www.ignitis.lt/ee/ari |
Company governance
Ignitis Eesti OÜ
Ignitis Eesti takes care of electricity supply in Estonia. The company is a part of Ignitis UAB.
Ignitis Group companies are fully committed to build a sustainable future. You can read more about the Group's sustainability activities in the 2025 Sustainability (Corporate Social Responsibility) Report, which is part of the Group's annual report.
| Performance, EURm | |
|---|---|
| Revenue | 1.4 |
| Expenses | (3.1) |
| Adjusted EBITDA | (1.7) |
| Net profit | (2.2) |
| Investments | 6.1 |
| Assets | 17.7 |
| Equity | 4.8 |
| Liabilities | 12.9 |
| Number of employees | 18 |
Company details
| Company code: | 12433862 |
| VAT identification number: | EE101630829 |
| Head office: | Narva mnt 5 10117 Tallinn, Estonia |
| Correspondence address: | Narva mnt 5 10117 Tallinn, Estonia |
| Establishment date and register: | May 2013, Estonia Register of Legal Entities |
| Bank account: | EE951010220275717228 |
| Bank: | AS SEB Pank |
| Shareholders: | Ignitis UAB – 100% |
| Share capital: | EUR 170,000 |
Contact information
| Phone number: | +372 622 5366 |
| E-mail: | [email protected] |
| Web: | www.ignitis.lt/ee/ari |
Company governance
CEO
Timo Tatar
Timo Tatar has been the CEO of Ignitis Eesti OÜ since September 2, 2024, and on December 2, 2024, he was elected to the board of Ignitis Eesti OÜ and became the Chairman of the Board...
Board
Timo Tatar
Chair of the Board
Timo Tatar has been the CEO of Ignitis Eesti OÜ since September 2, 2024, and on December 2, 2024, he was elected to the board of Ignitis Eesti OÜ and became the Chairman of the Board...
Haroldas Nausėda
Board Member
Haroldas Nausėda is the Head of Business Clients and Development at UAB Ignitis and a member of the Executive Committee at UAB Ignitis...
Eimantas Balta
Board Member
Eimantas Balta has been working as a Board Member at Ignitis Eesti OÜ and Head of EV Charging Network for Baltics at UAB “Ignitis” since 1 November 2023...
Documents and Reports
Annual Reports
Remuneration
In accordance with applicable regulations and personal data protection principles, average salary data will not be disclosed if a company or a job category has only one employee.
Our purpose, strategy, priorities and targets
Integrated business model
Ignitis Group is a leading integrated energy group in the Baltic region. We lead the regional energy transition to strengthen competitiveness and support economic growth.
Ignitis Group is active in the Baltic states, Poland and Finland. Our integrated business model enables synergies and new business models, supported by our strong position in the Baltics - benefiting from the largest network, energy storage capacity, and customer portfolio in the Baltics.
We are utilising our integrated business model to maximise value:
- Developing and operating green generation and flexibility assets in line with market demand and system needs and progressing toward our 4–5 GW strategic goal
- Building a resilient and efficient network that enables electrification
- Contributing to the security of the energy system
- Delivering value driven growth through outstanding customer experience
Ignitis Eesti OÜ is an important part of the Ignitis Group’s integrated business model and strategy; while it is not classified as one of the main business segments, its activities and expertise contribute to the operations of the main business segments. The company's position within the Group’s structure is available here. More information about the integrated business model and strategic priorities of the company as well as targets by its business segments is available here.
Our purpose and strategy
Our purpose is to create a 100% secure and green energy ecosystem for current and future generations. We lead the regional energy transition to strengthen competitiveness and support economic growth. By securing local, reliable energy, we strengthen regional competitiveness and economic growth, support household well being, enhance business competitiveness, and attract energy intensive industries. More information about the Group’s purpose and purpose-driven priorities is available here.
Ignitis Eesti OÜ significantly contributes to the execution of the Group's strategy, is an integral part of the organisation and follows the Group’s strategy and stategic plan in its activities.
Strategic priorities and targets of the company
- Green Capacities segment’s priorities are available here. More information is provided in the integrated strategic plan of the Group.
- People and innovation. We are purpose-driven people who contribute to our strategic priorities. We innovate to create the future energy sector and bring new opportunities for our customers.
- Sustainability. Decarbonisation that drives business value and ensures energy security: reducing carbon intensity under 2026–2029 targets while safeguarding reliable operation of the power system and balancing needs. We are strengthening regional competitiveness in the long term by reducing the carbon intensity of the grid. Our strategic priorities: decarbonisation, safety, employee experience, diversity, customer experience and sustainable value creation.
Our mindsets
We are a diverse team of energy smart people united by a common purpose. Four mindsets – simple yet powerful. United by purpose. Owning the challenge. Passion for reinvention. Pursuing excellence. Together, they yield the energy that drives everything we do. The energy generated by our choices. Our actions. Our unity.
Anti‑corruption
The company follows the Ignitis Group Anti‑corruption policy, Group Code of Ethics and Conduct, and business ethics principles. We operate responsibly and transparently – we do not tolerate any form of corruption and promote fair business practices and open communication with stakeholders. We provide secure reporting channels through the Trust line, which enables anonymous and confidential reporting of potential misconduct by employees or business partners.