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's activity report 2022

LUNA GROUP Estonia AS is a 100% subsidiary of the Swedish stock company Bergman & Beving AB.

Bergman & Beving AB has over 100 years of experience in industry and construction. Owning and developing premium class brands for professional users in industry and construction.

LUNA GROUP Estonia AS is a company offering premium class tools and personal protective equipment for construction, manufacturing, and industrial companies. We service contractual business clients all over Estonia. We operate

In the Estonian market since 1998, offering a wide range of tools, machines, work clothes, and work protection equipment.

Like the parent company, LUNA GROUP Estonia AS focuses primarily on group brands (TengTools, Limit, Mareld, Luna, Guide, L.Brador, Zekler, Cresto, etc.) sales, development, and marketing.

In addition, successful cooperation is also carried out with other world-class tool and personal protective equipment brands, which have grown the product list to over 100,000 today.

LUNA GROUP Estonia AS has about 4300 active business clients. These include leading players in their field in Estonia such as Enefit, Ericsson Estonia, Harmet, Port of Tallinn, Verston, HK Scan

Estonia AS, Norma AS, etc.

The 2022/2023 financial year was, like many, with sharp and rapid cost increases. However, this did not mean a decrease in consumption, at least not sharply. Yes, towards the end of the year, there was more detailed planning of subsequent purchases and also postponement. Many projects were put on hold as input prices wanted to be recalculated. The constant and frequent rise in input prices, including on our goods for sale, also blurred the concept of market price. Despite everything, we did not mean any major changes in any customer or product group compared to the previous period. The loyalty of customers and the desire to work with us remained, there were very few debts and there was a good number of repeat purchases.

As a result of all this, we achieved a very good sales turnover of 8.4 million and a pre-tax profit of approximately 500,000 euros.

For the 2023/2024 financial year, we primarily expect the economic climate to stabilize. Political decisions to be made and all possible price changes would be long-term, more future-oriented. We want to complete some IT projects that make the services we offer faster, more convenient, and more accessible to the customer.

The number of loyal customers and suppliers with a good financial situation is noteworthy, which allows us to expect all-round positive trends.

We believe that by having a diverse customer and product portfolio, we will achieve our set goals.

We see our development, in the current market conditions, as sustainable and strong.

The company has branch offices in Tartu and Viljandi.

The company employs 30 people.