Finance and insurance
1 772 companies in this industry filed an annual report for 2024, with total revenue of 649 m € and 2 263 employees. That is 0,7% of the revenue of all Estonian companies. 76% of them ended the year with a profit. The largest by revenue is Circle K Treasury Operations Europe Aktsiaselts (72,6 m €). The average estimated gross salary was 2 615 € per month.
Companies
1 772
filed a report (2024)
Total revenue
649 m €
0,7% · 2024
Employees
2 263
2024
Profitable
76%
of filers
Average gross salary
2 615 €
per month, estimate
Largest companies by revenue
| Company | Revenue | Profit | Employees | County |
|---|---|---|---|---|
| 1. Circle K Treasury Operations Europe Aktsiaselts | 72,6 m € | 7,5 m € | 14 | Harju County |
| 2. Bondora AS | 52,5 m € | −1,0 m € | 46 | Harju County |
| 3. SwissBorg Solutions OÜ | 39,5 m € | 212 k € | 15 | Harju County |
| 4. Dream Finance OÜ | 32,4 m € | 23,1 m € | 17 | Harju County |
| 5. Bondora Group AS | 30,5 m € | 1,2 m € | 33 | Harju County |
| 6. Wallester AS | 17,2 m € | 2,4 m € | 123 | Harju County |
| 7. Dirkshof Estonia OÜ | 16,7 m € | 3,2 m € | 0 | Harju County |
| 8. LEI Register OÜ | 12,6 m € | 1,7 m € | 24 | Harju County |
| 9. CPS Solutions OÜ | 11,0 m € | 2,8 m € | 4 | Harju County |
| 10. IIZI Kindlustusmaakler Aktsiaselts | 10,9 m € | 2,3 m € | 102 | Harju County |
| 11. Guarantee Services OÜ | 9,1 m € | 1,2 m € | 0 | Harju County |
| 12. Aktsiaselts LHV Varahaldus | 8,9 m € | 1,6 m € | 43 | Harju County |
| 13. Blocktronic OÜ | 7,5 m € | 1,5 m € | 7 | Harju County |
| 14. Nets Estonia AS | 7,4 m € | 2,1 m € | 50 | Harju County |
| 15. Baltic LEI AS | 6,9 m € | 1,5 m € | 10 | Harju County |
| 16. EfTEN Capital AS | 6,9 m € | 3,6 m € | 0 | Harju County |
| 17. Apollo Group OÜ | 6,0 m € | −436 k € | 52 | Harju County |
| 18. AS LÕHMUS HOLDINGS | 5,5 m € | 5,0 m € | 1 | Harju County |
| 19. Confido Healthcare Group OÜ | 5,1 m € | −3,2 m € | 5 | Harju County |
| 20. Amserv Grupi AS | 4,6 m € | 3,5 m € | 19 | Harju County |
| 21. Swaper Platform OÜ | 4,3 m € | −28 k € | 3 | Harju County |
| 22. AS LHV Paytech | 4,2 m € | 665 k € | 28 | Harju County |
| 23. SmartPayments OÜ | 4,2 m € | 2,0 m € | 9 | Harju County |
| 24. FintechX OÜ | 4,2 m € | 2,8 m € | 4 | Harju County |
| 25. Maksekeskus AS | 3,9 m € | −118 k € | 28 | Harju County |
| 26. Heads Up Eesti OÜ | 3,7 m € | 225 k € | 2 | Harju County |
| 27. OÜ Luutar | 3,7 m € | 264 k € | 42 | Järva County |
| 28. Or Technologies Limited OÜ | 3,6 m € | 1,4 m € | 4 | Harju County |
| 29. Nordic Hypo AS | 3,6 m € | 548 k € | 0 | Harju County |
| 30. SHA2 solutions OÜ | 3,5 m € | 724 k € | 7 | Harju County |
| 31. Marsh Kindlustusmaakler AS | 3,4 m € | 922 k € | 23 | Harju County |
| 32. Maag Food OÜ | 3,4 m € | 74 k € | 15 | Tartu County |
| 33. VGFS Financial Services Estonia OÜ | 3,2 m € | 386 k € | 3 | Harju County |
| 34. Recoverso RMC OÜ | 3,2 m € | 1,6 m € | 0 | Harju County |
| 35. Howden Kindlustusmaakler OÜ | 3,1 m € | −196 k € | 35 | Harju County |
| 36. xChange AS | 3,1 m € | 1,1 m € | 7 | Harju County |
| 37. Osaühing Utilitas | 2,9 m € | 181 k € | 15 | Harju County |
| 38. OÜ BaltCap Private Equity Management III | 2,9 m € | −56 k € | 0 | Harju County |
| 39. Wise Assets Europe AS | 2,8 m € | 84 k € | 0 | Harju County |
| 40. OÜ Calyptra Invest | 2,8 m € | 8,8 m € | 4 | Harju County |
| 41. AS SmartCap | 2,7 m € | 786 k € | 9 | Harju County |
| 42. Saturn Investments OÜ | 2,6 m € | −784 k € | 17 | Harju County |
| 43. Salva Kahjukäsitluse Osaühing | 2,5 m € | −56 k € | 20 | Harju County |
| 44. Montonio Finance OÜ | 2,4 m € | −4,9 m € | 38 | Harju County |
| 45. SW Finance OÜ | 2,4 m € | −30 k € | 1 | Harju County |
| 46. AS BaltCap | 2,4 m € | −4,6 m € | 11 | Harju County |
| 47. Lightyear Europe AS | 2,3 m € | −3,0 m € | 32 | Harju County |
| 48. Posti Messaging OÜ | 2,3 m € | 128 k € | 58 | Harju County |
| 49. Nasdaq Tallinn Aktsiaselts | 2,3 m € | 1,0 m € | 11 | Harju County |
| 50. Niko Technologies OÜ | 2,2 m € | 335 k € | 0 | Harju County |
Largest employers
| Company | Employees | Revenue |
|---|---|---|
| 1. Wallester AS | 123 | 17,2 m € |
| 2. IIZI Kindlustusmaakler Aktsiaselts | 102 | 10,9 m € |
| 3. Posti Messaging OÜ | 58 | 2,3 m € |
| 4. Apollo Group OÜ | 52 | 6,0 m € |
| 5. Nets Estonia AS | 50 | 7,4 m € |
| 6. Bondora AS | 46 | 52,5 m € |
| 7. Aktsiaselts LHV Varahaldus | 43 | 8,9 m € |
| 8. OÜ Luutar | 42 | 3,7 m € |
| 9. Montonio Finance OÜ | 38 | 2,4 m € |
| 10. Howden Kindlustusmaakler OÜ | 35 | 3,1 m € |
By county
| County | Companies | Revenue | Share of revenue |
|---|---|---|---|
| Harju County | 1 355 | 617 m € | 95% |
| Tartu County | 127 | 11,0 m € | 1,7% |
| Pärnu County | 67 | 4,9 m € | 0,8% |
| Järva County | 14 | 4,0 m € | 0,6% |
| Viljandi County | 22 | 2,5 m € | 0,4% |
| Ida-Viru County | 31 | 2,0 m € | 0,3% |
| Lääne-Viru County | 27 | 993 k € | 0,2% |
| Valga County | 17 | 858 k € | 0,1% |
| Saare County | 24 | 561 k € | <0,1% |
| Jõgeva County | 6 | 553 k € | <0,1% |
| Lääne County | 10 | 415 k € | <0,1% |
| Põlva County | 12 | 334 k € | <0,1% |
| Rapla County | 15 | 291 k € | <0,1% |
| Võru County | 12 | 203 k € | <0,1% |
| Hiiu County | 6 | 55 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