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's activity report 2022

The company's activities consist of two directions: - foreign trade; - renting of warehouse and office spaces.

In 2022, the company's turnover increased 2.1 times compared to 2021 data and amounted to 39.68 million euros.

The increase in turnover occurred due to the general economic rise in the world after the coronavirus pandemic and the increase in demand.

The company is engaged in wholesale.

The range includes: - stainless steel and its products; - chemical products; - ceramic granite.

Logistical activity mainly took place in connection with the servicing of its own cargo.

The company's profit in 2022 was 2.315 million euros, which is 4.6 times more than the profit in 2021 (504 thousand 429 euros).

Trade

Trading activity has been taking place since 2007.

The turnover of trading activity in 2022 was 39.196 million euros, which is 98.8% of the company's total turnover.

Stainless steel and chemical products are purchased from foreign manufacturers or manufacturers within the EU. Goods are mostly sold outside the EU. Some chemical products are sold in Estonia.

Ceramic granite is imported into Estonia and sold on the local market.

Trading outside the EU accounts for 82.8% of the company's turnover.

Trading within Estonia accounts for 11.5% of the company's total turnover.

In 2022, trading in chemical products accounted for 40.3% and stainless steel for 56.28% of the company's trade turnover.

Further development of trade and increase in turnover is planned for 2023.

The total turnover of trading activity was planned to be at the 2021 level - 7.5 million euros for 2022, as there was no clarity about the world's economic and geopolitical situation at the beginning of 2022. The set goals were achieved and exceeded.

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Logistics

Previously, the company provided foreign trade freight forwarding services, offering a full range of services for delivering goods from the supplier to the buyer: transportation, insurance, storage and cargo customs clearance.