This company's branding has already reached 15,749 peopleand his is followed by 370 Storybook users.On average, the company has been rated 4.8 points.and commented 5 times.

Strategic decision: No desire to increase customer base
Board member Lauri Matteus (18.07.2024): "We focus only on providing high-quality service to existing customers and maintaining relationships. We do not plan to increase our customer base."

's activity report 2022

AS Construction Company Rand and Tuulberg is a subsidiary of AS Rand & Tuulberg Group, which was established in 1993.

AS Construction Company Rand and Tuulberg is focused on providing customer-centric, high-quality, and timely construction service solutions in Estonia. Long-term experience as a main contractor and construction project manager has helped us to be one of the market leaders in our field in Estonia in cooperation with our clients.

The AS Construction Company Rand and Tuulberg group includes:

Subsidiary OÜ Savekate Haldus, stake 51%, acquisition cost 1,047,569 euros. OÜ Savekate Haldus owns the subsidiary OÜ Savekate, stake 85%. Associated company AB Stom Konstruktion Södertälje (Sweden), stake 45%. In 2022, the net turnover of OÜ Savekate Haldus in the group was 14.9 million euros, the financial year ended with a profit.

Associated company OÜ RTS Infraehitus, stake 25%, acquisition cost 1,278 euros. Associated company OÜ RTS

Companies, stake 25%, acquisition cost 1,300 euros. The main activity of the associated companies is the construction of various environmental construction facilities in Estonia. In October 2022, the associated company OÜ Staadioni

Development, stake 25%, acquisition cost 625 euros. The main activity of the associated company is real estate development.

AS Construction Company Rand and Tuulberg has a branch in the Kyrgyz Republic.

The activities of AS Construction Company Rand and Tuulberg are:

Main contracting in construction - in the case of a main contract, we guarantee the quality and timely completion of the work at the contractual cost, including • preparation of price forecasts and quotations based on the client's price inquiry and procurement documentation • model design (BIM), including. preparation of working drawings based on the client's preliminary or main project and the conditions submitted by the client • main contracting in construction, execution of concrete and assembly work

Design and construction - in the case of a design and construction contract, we also perform design work according to the client's initial task, including • development of a concept design according to the business plan • preparation of a quotation • model design (BIM), including. architectural, structural, special parts and interior design full solution • main contracting in construction, execution of concrete and assembly work

Construction project management - in the case of a project management contract, we organize the entire design and construction process for an agreed management fee on the basis of open invoices

Environment - “Green” thinking in the choice of technologies and solutions ensures the prevention of pollution and a livable environment for future generations. We operate in accordance with applicable environmental management system standards and are certified accordingly. Continuous supervision and preventive work in the field of occupational health safety ensures a safe working environment and effective work for our employees and contractual partners.

Business risks - Risks remain similar to last year - the negative effects of war on private sector orders, unpredictable behavior of energy prices at the end of state support measures, difficulties in supplying construction materials. In such conditions, it is still important for main contractors to ensure strong capitalization and sufficient liquidity to survive possible difficult periods. It is also necessary to be able to operate operationally in changing conditions, if external changes necessitate adapting one's activities to new conditions. The economic activity of the group took place in the currency of the country of location of the group companies, in Estonia in euros. The rate of the branch and associated company in a foreign country is quite fluctuating, revenues and costs are in different currencies, there is a currency risk. In the opinion of the management, the group does not have credit risks.