Energy

758 companies in this industry filed an annual report for 2024, with total revenue of 3,1 bn € and 5 135 employees. That is 3,4% of the revenue of all Estonian companies. 59% of them ended the year with a profit. The largest by revenue is AS Elenger Grupp (770 m €). The average estimated gross salary was 2 428 € per month.

Companies
758
filed a report (2024)
Total revenue
3,1 bn €
3,4% · 2024
Employees
5 135
2024
Profitable
59%
of filers
Average gross salary
2 428 €
per month, estimate

Largest companies by revenue

CompanyRevenueProfitEmployeesCounty
1. AS Elenger Grupp770 m €21,5 m €84Harju County
2. Enefit Industry OÜ490 m €−104 m €1 719Ida-Viru County
3. Eesti Energia AS338 m €−146 m €776Harju County
4. Elektrilevi OÜ304 m €31,8 m €854Harju County
5. Elering AS214 m €15,7 m €309Harju County
6. Elektrum Eesti OÜ74,1 m €−283 k €35Harju County
7. Scener OÜ67,4 m €321 k €7Harju County
8. OÜ Utilitas Tallinna Elektrijaam64,5 m €23,7 m €38Harju County
9. Baltic Energy Partners OÜ52,4 m €229 k €0Harju County
10. Gren Tartu AS51,8 m €13,7 m €65Tartu County
11. Enefit Wind OÜ50,9 m €24,1 m €0Harju County
12. ERTENERGY OÜ50,9 m €426 k €1Harju County
13. Adven Eesti AS42,5 m €975 k €91Harju County
14. AS Gaasivõrk41,5 m €3,0 m €36Harju County
15. Alexela Energia Teenused AS39,7 m €132 k €0Harju County
16. Gren Eesti AS34,1 m €8,3 m €71Pärnu County
17. Aktsiaselts NARVA SOOJUSVÕRK26,7 m €423 k €19Ida-Viru County
18. SW ENERGIA OÜ24,3 m €4,8 m €68Pärnu County
19. Viru Elektrivõrgud OÜ20,0 m €2,3 m €37Ida-Viru County
20. Gren Viru AS17,1 m €1,2 m €13Ida-Viru County
21. Imavere Energia OÜ16,5 m €6,0 m €0Harju County
22. AS Utilitas Eesti15,5 m €47 k €65Harju County
23. OÜ GRAANUL ENERGIA15,5 m €−19 k €0Harju County
24. Silpower Aktsiaselts13,5 m €61 k €108Ida-Viru County
25. Imatra Elekter Aktsiaselts13,3 m €3,4 m €3Lääne County
26. Osula Energia OÜ10,5 m €913 k €0Harju County
27. Aidu Wind Park OÜ10,1 m €4,7 m €0Harju County
28. OÜ Helme Energia9,9 m €2,7 m €0Harju County
29. Energiaturu Võrguehitus OÜ9,8 m €649 k €0Harju County
30. Nordic Power Management OÜ9,3 m €574 k €1Harju County
31. Tuulepealne Maa OÜ9,0 m €−171 k €0Harju County
32. Gren Viljandi AS8,5 m €395 k €37Viljandi County
33. N.R. Energy Osaühing7,6 m €522 k €26Ida-Viru County
34. Aktsiaselts Kuressaare Soojus6,0 m €−78 k €35Saare County
35. Danpower Eesti AS5,9 m €933 k €47Võru County
36. aktsiaselts Dvigatel - Energeetika5,7 m €1,9 m €13Harju County
37. Aktsiaselts Loo Elekter5,0 m €79 k €12Harju County
38. Tuuleenergia Osaühing4,8 m €4,3 m €1Harju County
39. Bioforce Aravete OÜ4,5 m €198 k €0Harju County
40. OÜ Vinni Biogaas4,5 m €2,1 m €3Harju County
41. Tartu Biogaas OÜ4,4 m €1,2 m €3Harju County
42. GreenGas OÜ4,2 m €418 k €1Lääne-Viru County
43. Bioforce Ebavere OÜ4,2 m €482 k €3Lääne-Viru County
44. OÜ Oisu Biogaas4,1 m €952 k €3Harju County
45. Solar Light OÜ3,9 m €3,3 m €0Lääne County
46. Aravete Biogaas OÜ3,3 m €1,1 m €4Järva County
47. Aktsiaselts Rakvere Soojus3,0 m €310 k €3Lääne-Viru County
48. Energate OÜ3,0 m €−82 k €4Harju County
49. Ohaka Energia OÜ3,0 m €2,1 m €3Harju County
50. Electric Terminal OÜ2,7 m €143 k €1Tartu County

Largest employers

CompanyEmployeesRevenue
1. Enefit Industry OÜ1 719490 m €
2. Elektrilevi OÜ854304 m €
3. Eesti Energia AS776338 m €
4. Elering AS309214 m €
5. Silpower Aktsiaselts10813,5 m €
6. Adven Eesti AS9142,5 m €
7. AS Elenger Grupp84770 m €
8. Gren Eesti AS7134,1 m €
9. SW ENERGIA OÜ6824,3 m €
10. AS Utilitas Eesti6515,5 m €

By county

CountyCompaniesRevenueShare of revenue
Harju County3692,3 bn €74%
Ida-Viru County17583 m €19%
Tartu County6764,9 m €2,1%
Pärnu County3563,7 m €2,0%
Viljandi County5218,5 m €0,6%
Lääne County917,8 m €0,6%
Lääne-Viru County3515,8 m €0,5%
Saare County3012,6 m €0,4%
Võru County157,7 m €0,2%
Järva County426,7 m €0,2%
Põlva County224,2 m €0,1%
Valga County171,6 m €<0,1%
Hiiu County221,1 m €<0,1%
Jõgeva County12507 k €<0,1%
Rapla County12300 k €<0,1%

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