ITALIA PROMOTIONS OÜ

Registered
12518966Private limited company (OÜ)Founded 2013

Key figures

85 087 €+44,5%
Revenue 2025
−2,1%
Average annual change 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: ITALIA PROMOTIONS OÜ

What kind of company is it?

ITALIA PROMOTIONS OÜ (registry code 12518966) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is restaurant and café activities (EMTAK 56111). The company is registered for VAT (VAT number EE101702883).

How is the company doing financially?

Revenue in financial year 2025 was 85 087 €, up 44,5% on the previous year (58 871 €). From 2019 to 2025, revenue declined by an average of 2,1% per year. Financial year 2025 ended with a loss of 18 193 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 85 087 €.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 14 375 €, down 58,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 292 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 380 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is a private individual.

What should you look out for?

Equity was negative at the end of financial year 2025 (−15 808 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 18.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202614 375 €1292 €
Q2 202619 210 €1998 €
Q1 202620 066 €2675 €
Q4 202532 252 €1450 €
Q3 202534 676 €2541 €
Q2 202531 084 €2216 €
Q1 202522 388 €2254 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue110 05758 74564 27258 87185 087
Net profit−14 366−16 75714 3651163−18 193
Retained earnings15 5871221−15 532−1286−115
Total assets65 85565 12568 44370 28865 861
Total liabilities62 13478 16167 11067 91181 669
Total equity3721−13 03613332377−15 808
Employees22211
Average gross salary (monthly)784333520——
Calculated dividend00000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligations1 note6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2024
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%ITALIA PROMOTIONS OÜ2Giuseppe Bassi
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

9 records

State aid and de minimis aid in total 6611 € (2020–2021). Largest grantors: Tallinna Linnakantselei (5439 €), Eesti Töötukassa (1172 €).

Show all aid records (9)
20214628 €
20201983 €
GrantorPurposeAmountDate
Tallinna LinnakantseleiKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"1124 €17.05.2021
Tallinna LinnakantseleiKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"1124 €16.04.2021
Tallinna LinnakantseleiKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"761 €29.03.2021
Tallinna LinnakantseleiCOVID-19 VTA109 €29.03.2021
Eesti TöötukassaCOVID-19 VTA1172 €02.02.2021
Tallinna LinnakantseleiCOVID-19 VTA337 €27.01.2021
Tallinna LinnakantseleiKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"361 €22.04.2020
Tallinna LinnakantseleiKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"723 €22.04.2020
Tallinna LinnakantseleiCOVID-19 VTA899 €27.01.2020

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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