Port of Tallinn

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Port of Tallinn
Tallinna Sadam
TypePublic company
IndustryPort authority
Founded1992 (1992)
Headquarters
Tallinn
,
Estonia
Number of locations
5
Key people
Valdo Kalm (CEO)
RevenueIncrease €130.5 million (2019)[1]
Increase €44.4 million (2019)[1]
Number of employees
265 (2014)
Websitewww.portoftallinn.com

Port of Tallinn (Estonian: Tallinna Sadam) is the biggest port authority in Estonia. Taking into account both cargo and passenger traffic, it is one of the largest port enterprises of the Baltic Sea.

Port seen in the morning in 2010.

Port of Tallinn is a publicly listed company managing five constituent ports (two of them in Tallinn):

In October 2016, the Port of Tallinn subsidiary TS Laevad took over operation of the ferry routes between the Estonian mainland and the islands of Saaremaa and Hiiumaa.

Under the subsidiary, OÜ TS Shipping, the Port of Tallinn owns and operates icebreaker MSV Botnica.

On 29 September 2017, at the EU Digital Summit in Tallinn, a partnership of Ericsson, Intel and Telia Estonia announced that they had implemented the first live public 5G network in Europe at the Tallinn Passenger Port to connect with Tallink cruise ships at the port.[2]

In 2018, the company was listed in Tallinn Stock Exchange. It was the first time in nearly 20 years in Estonia when a state-owned company went public in Estonia. It was also the 2nd largest IPO in Nasdaq Tallinn in the number of retail investors participating. The Republic of Estonia remains as the largest shareholder and holds 67% of the company.[3]

References[edit]

  1. ^ a b "Tallinna Sadama aasta kasumiks kujunes rekordiline 44,4 miljonit eurot" (in Estonian). Tallinna Sadam.
  2. ^ "5G goes live in the Port of Tallinn". Ericsson. 29 September 2017. Retrieved 1 November 2017.
  3. ^ "Port of Tallinn surges nearly 20% minutes after trading begins" ERR, 13 June 2018.

External links[edit]