HYDROPOWER OÜ

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This company's branding has already reached 22,641 peopleand his is followed by 32 Storybook users.On average, the company has been rated 4.9 points.and comment

HYDROPOWER OÜ current status

This company's branding has already reached 22,641 peopleand his is followed by 32 Storybook users.On average, the company has been rated 4.9 points.and commented 3 times.

's activity report 2022

Established in September 2006, HYDROPOWER OÜ has carved a niche for itself in the supply of high-quality hydraulic and pneumatic components. Over the years, the company has expanded its operations to include the assembly of systems, as well as their repair and maintenance. The company's expertise extends to the sale of all the aforementioned components, and it also provides consultation services to its clients. As the sole authorized representative of HYDAC in Estonia, HYDROPOWER has managed to establish a strong presence in the market. The company operates both retail and wholesale businesses from its rented premises. The primary investments are made from its own resources for the acquisition of fixed and current assets. In the fiscal year 2022, HYDROPOWER OÜ reported a sales revenue of 431,982 euros. The company did not incur any expenses related to research and development activities during this period. The average number of employees at HYDROPOWER OÜ in 2022 was five. The wage cost for the year amounted to 60,114 euros, with an additional 19,909 euros in social costs. The company earned a profit of 16,186 euros in 2022. Amidst moderate growth, HYDROPOWER plans to focus more on improving its processes and developing its staff. The company forecasts moderate growth in both its working capital and staff, which will enable it to be an even more effective partner for its clients. A competitive edge has been gained through strong brands like HYDAC and the Nordhydraulic brand, which is part of its group. HYDROPOWER is not in a rush to expand, as it prioritizes improving the quality of its current services and ensuring the satisfaction of its existing and future clients. The company believes that its commitment to quality and customer satisfaction will continue to drive its success in the future.

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