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RAINER JAKOBSON

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building and finishing materials, Welding, Mechanical Engineering Technology, Metal industry, construction and real estate

JTK POWER FINMEC ESTONIA AS's activity report 2022

JTK Power Finmec Estonia AS was established in 1994. The joint-stock company is 100% foreign capital-based and was created for the production of machine parts as a subcontractor to the parent company. Since October 2017, the company has been part of the JTK Power OY (Finland) group. In 2022, JTK Power Finmec Estonia AS, KVAB Estonia OÜ and Laine-Tuotanto Estonia OÜ merged. The acquiring merger was JTK Power Finmec Estonia AS. Since all companies belonged to the same Koncentra Group AB group, the merger was reflected according to the principles of the adjusted purchase method, i.e., the

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