In Nomine helped to announce that ventilation solutions manufacturer ETS NORD’s new 9000 square meter production facility in Tallinn’s Peterburi Road, due for completion next year, has received its cornerstone. The total value of the construction is 15 million euros and the main contractor is Mapri Ehitus. With the new factory building, the company aims to increase its sales turnover from 70 million euros today to 125 million euros by 2027.
Urmas Hiie, chairman of the ETS NORD management board, expects the new factory to produce around 20 million euros worth of ventilation equipment a year, which will boost the company’s export potential. “Today, we export 50 million of our products to Scandinavia, 12 million to Estonia and 8 million to other countries. We have grown steadily over the past 25 years, and we have offices in Finland, Sweden and the United Arab Emirates in addition to Estonia. When the new building is completed, we will have 29,000 square meters of production and warehouse space in Lasnamäe, but when we started production here 18 years ago, a 2,800 square meter factory seemed huge,” he says.
Tarmo Roos, CEO of Mapri Ehitus, the builder of the new factory, confirms that building a factory for a top manufacturer requires a lot of hard work. “Estonia is a small country, and most of the time the clients build for themselves, so we are in contact with such demanding clients on an almost daily basis throughout the construction process. We have built several tens of thousands of square meters of factories and were chosen as a construction partner not for the cheapest price, but for our experience.”
ETS NORD AS employs 325 people in Estonia, but together with Scandinavia and the United Arab Emirates it has a total of nearly 500 employees. In 2022, the company had a turnover of 70 million euros.