Manufacturing
9 500 companies in this industry filed an annual report for 2024, with total revenue of 16,5 bn € and 96 709 employees. That is 18% of the revenue of all Estonian companies. 65% of them ended the year with a profit. The largest by revenue is Ericsson Eesti Aktsiaselts (415 m €). The average estimated gross salary was 1 810 € per month.
Companies
9 500
filed a report (2024)
Total revenue
16,5 bn €
18% · 2024
Employees
96 709
2024
Profitable
65%
of filers
Average gross salary
1 810 €
per month, estimate
Largest companies by revenue
| Company | Revenue | Profit | Employees | County |
|---|---|---|---|---|
| 1. Ericsson Eesti Aktsiaselts | 415 m € | 8,3 m € | 1 796 | Harju County |
| 2. VKG OIL AS | 317 m € | 27,8 m € | 644 | Ida-Viru County |
| 3. Foxway OÜ | 255 m € | 8,0 m € | 598 | Tartu County |
| 4. AS GRAANUL INVEST | 223 m € | 35,6 m € | 69 | Harju County |
| 5. AS Maag Eesti | 195 m € | 4,5 m € | 1 143 | Lääne-Viru County |
| 6. Stora Enso Eesti AS | 187 m € | 25,9 m € | 499 | Harju County |
| 7. GPV Estonia AS | 178 m € | 4,7 m € | 749 | Tartu County |
| 8. VALIO EESTI AKTSIASELTS | 175 m € | 4,2 m € | 452 | Harju County |
| 9. Prysmian Group Baltics AS | 174 m € | 8,7 m € | 168 | Harju County |
| 10. Panamir OÜ | 170 m € | 12,8 m € | 61 | Harju County |
| 11. Nordic Milk OÜ | 154 m € | −5,1 m € | 61 | Harju County |
| 12. PKC Eesti AS | 153 m € | 8,4 m € | 87 | Harju County |
| 13. FLIR Systems Estonia OÜ | 145 m € | 7,5 m € | 161 | Harju County |
| 14. Magnetic MRO AS | 141 m € | 6,0 m € | 438 | Harju County |
| 15. LEAB Eesti OÜ | 109 m € | 17,3 m € | 131 | Harju County |
| 16. aktsiaselts A. Le Coq | 108 m € | 13,8 m € | 378 | Tartu County |
| 17. AS Scanola Baltic | 106 m € | 5,2 m € | 55 | Jõgeva County |
| 18. AS Eesti Pagar | 101 m € | 3,8 m € | 365 | Järva County |
| 19. Stoneridge Electronics AS | 100 m € | 6,5 m € | 288 | Harju County |
| 20. Orkla Eesti AS | 95,8 m € | 3,7 m € | 478 | Harju County |
| 21. Aktsiaselts KONESKO | 94,8 m € | 5,7 m € | 386 | Harju County |
| 22. Aktsiaselts LIVIKO | 94,7 m € | 4,3 m € | 189 | Harju County |
| 23. Aktsiaselts METAPRINT | 92,9 m € | 10,5 m € | 260 | Harju County |
| 24. aktsiaselts Norma | 91,6 m € | 2,7 m € | 853 | Harju County |
| 25. aktsiaselts Viljandi Aken ja Uks | 91,1 m € | 813 k € | 510 | Viljandi County |
| 26. TERE aktsiaselts | 90,6 m € | 349 k € | 272 | Harju County |
| 27. Eastman Specialties OÜ | 87,8 m € | 9,2 m € | 156 | Ida-Viru County |
| 28. AS LTH-Baas | 87,5 m € | 33,3 m € | 336 | Harju County |
| 29. ABB Aktsiaselts | 82,7 m € | 4,4 m € | 800 | Harju County |
| 30. Scanfil Osaühing | 81,1 m € | 2,9 m € | 502 | Pärnu County |
| 31. AKTSIASELTS SALUTAGUSE PÄRMITEHAS | 79,9 m € | 1,2 m € | 179 | Rapla County |
| 32. Wolf Group OÜ | 79,8 m € | 11,8 m € | 198 | Harju County |
| 33. Saku Õlletehase Aktsiaselts | 79,2 m € | 5,3 m € | 299 | Harju County |
| 34. Aquaphor International OÜ | 78,4 m € | 6,5 m € | 671 | Ida-Viru County |
| 35. aktsiaselts Barrus | 77,1 m € | 736 k € | 279 | Võru County |
| 36. WISA Plywood OÜ | 77,1 m € | 13,2 m € | 255 | Valga County |
| 37. Thermory AS | 72,8 m € | 3,0 m € | 307 | Harju County |
| 38. AS HANZA Mechanics Tartu | 71,8 m € | 4,7 m € | 500 | Tartu County |
| 39. Atria Eesti Aktsiaselts | 69,3 m € | 6,7 m € | 264 | Valga County |
| 40. aktsiaselts TOFTAN | 68,4 m € | −3,9 m € | 92 | Võru County |
| 41. AS Palmako | 66,3 m € | −1,1 m € | 319 | Tartu County |
| 42. ETS NORD AS | 66,2 m € | 368 k € | 455 | Harju County |
| 43. Warmeston OÜ | 64,9 m € | 3,2 m € | 82 | Tartu County |
| 44. Tartu Mill AS | 64,4 m € | 9,0 m € | 62 | Tartu County |
| 45. Estonian Plywood AS | 62,5 m € | 11,5 m € | 174 | Jõgeva County |
| 46. Ruukki Products AS | 61,3 m € | −1,2 m € | 191 | Pärnu County |
| 47. aktsiaselts RAIT | 59,8 m € | 1,4 m € | 151 | Tartu County |
| 48. O-I Estonia AS | 59,4 m € | 1,6 m € | 154 | Rapla County |
| 49. Saint-Gobain Glass Estonia SE | 59,2 m € | 7,3 m € | 316 | Tartu County |
| 50. Aktsiaselts Farmi Piimatööstus | 59,0 m € | 802 k € | 179 | Ida-Viru County |
Largest employers
| Company | Employees | Revenue |
|---|---|---|
| 1. Ericsson Eesti Aktsiaselts | 1 796 | 415 m € |
| 2. AS Maag Eesti | 1 143 | 195 m € |
| 3. aktsiaselts Norma | 853 | 91,6 m € |
| 4. ABB Aktsiaselts | 800 | 82,7 m € |
| 5. GPV Estonia AS | 749 | 178 m € |
| 6. Aquaphor International OÜ | 671 | 78,4 m € |
| 7. VKG OIL AS | 644 | 317 m € |
| 8. JELD-WEN EESTI AS | 636 | 53,9 m € |
| 9. Foxway OÜ | 598 | 255 m € |
| 10. Aktsiaselts TECHNOMAR & ADREM | 567 | 47,8 m € |
By county
| County | Companies | Revenue | Share of revenue |
|---|---|---|---|
| Harju County | 4 652 | 8,5 bn € | 51% |
| Tartu County | 1 102 | 2,1 bn € | 13% |
| Ida-Viru County | 495 | 1,1 bn € | 6,5% |
| Pärnu County | 617 | 871 m € | 5,3% |
| Lääne-Viru County | 388 | 829 m € | 5,0% |
| Viljandi County | 356 | 680 m € | 4,1% |
| Rapla County | 301 | 400 m € | 2,4% |
| Võru County | 290 | 368 m € | 2,2% |
| Saare County | 314 | 342 m € | 2,1% |
| Jõgeva County | 209 | 342 m € | 2,1% |
| Järva County | 169 | 320 m € | 1,9% |
| Valga County | 154 | 300 m € | 1,8% |
| Põlva County | 177 | 150 m € | 0,9% |
| Lääne County | 173 | 147 m € | 0,9% |
| Hiiu County | 84 | 64,3 m € | 0,4% |
Other industries
Source: annual reports for 2024 (Business Register open data), entity.ee calculations. Includes registered companies that reported revenue. Revenue includes intra-group transactions, the county is the registered address and the salary is an estimate derived from labour costs. See also: Estonian economy in numbers