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's activity report 2022

Harmet Metall OÜ started operations on 21.04.2017.

The field of activity of Harmet Metall OÜ is the production of metal structures and their parts. The product portfolio mainly includes support and load-bearing structures for modular houses, rainwater systems, finishing sheets, balcony and stair railings. Also, design and construction-industrial structures.

Despite the crises, the year 2022 can be considered successful for the company. Turnover growth compared to the previous year was 79%, profit increased by 120%. This was achieved by increasing production volumes, but a significant part was also due to the increase in the cost of materials.

In 2022, we invested in a sheet material laser cutting machine, which successfully started work in the summer. We moved production to a more modern factory at Segu 6, Saue. This significantly improved production and living conditions and the overall image of the company.

The goals for 2023 are to start with the robotization of welding, develop new products, and maintain a cash buffer to cope with the cooling of the economy.

The company's board consists of 3 members. No separate remuneration was paid to the board members.

The average number of employees in 2022 was 31 people and the labor cost was 1221.7 thousand euros.