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's activity report 2022

Projex OÜ, a company established in the fall of 2021, has quickly made a name for itself in the construction industry. Despite its relatively recent inception, the team behind Projex OÜ brings with them years of experience and expertise in the field of construction. The primary activities of Projex OÜ include the main contracting of construction projects and the project management of construction sites. The team at Projex OÜ is not just limited to managing and contracting construction projects. They are also prepared to represent the client during the design stage of construction projects and participate as the client's representative and project manager during the construction process of buildings. This level of involvement ensures that the client's vision and requirements are accurately reflected in the final product. Over the years, the team members of Projex OÜ have had the opportunity to work with a variety of clients, including state institutions and local governments. They have successfully completed and renovated numerous buildings, including kindergartens, schools, healthcare-related buildings, and public use buildings. In the private sector, the team has assisted in the completion of several apartment buildings and business-related commercial and production spaces. The team at Projex OÜ is highly qualified and skilled in a range of construction-related tasks. They have the qualifications to carry out general construction work, manufacture ventilation systems, construct heating systems, create cooling systems, and establish water supply and sewage systems. In addition, they have been granted a license by the National Heritage Board to carry out work and perform heritage supervision on buildings of historical value and World Heritage sites. The year 2022 presented some challenges for Projex OÜ due to the sudden inflation and the war in Ukraine. These circumstances did not allow the company to achieve the desired turnover, and the volume of construction was not large. However, the company is optimistic about the future. They expect inflation to decrease in the second half of 2023 and the economic environment to stabilize. With these improvements, Projex OÜ aims to increase its turnover for the year 2023. The company also plans to increase its equity from the profit of the planned works. Despite the challenges, Projex OÜ remains committed to delivering high-quality construction services and maintaining its reputation as a reliable partner in the construction industry.