AS Tallinna Sadam
AS Tallinna Sadam, also known as Port of Tallinn, is a leading Estonian port operator headquartered at Sadama 25, 15051 Tallinn, Estonia. The company's core business involves managing and developing port infrastructure and organizing vessel traffic. Its strategic mission is to enhance Estonia's competitiveness as a maritime nation.
The company operates a comprehensive network of passenger and cargo ports, including the Old City Harbour (Vanasadam) and Saaremaa Harbour for passenger services, and Muuga Harbour and Paldiski South Harbour for cargo operations. These ports handle a wide range of goods, including liquid bulk, dry bulk, containers, ro-ro, and general cargo, and facilitate passenger and vehicle traffic for ferries and cruise ships. Through its subsidiaries, TS Laevad OÜ provides ferry services connecting mainland Estonia with its largest islands, while TS Shipping OÜ offers icebreaking and offshore services with its multifunctional vessel "Botnica." Additionally, AS Tallinna Sadam is involved in real estate development, managing industrial parks in Muuga, Paldiski South, and Saaremaa, as well as real estate development in the Old City Harbour area, and holds a stake in AS Green Marine, a waste management services provider.
AS Tallinna Sadam is one of the largest cargo and passenger port complexes in the Baltic Sea region, servicing over 10 million passengers and 20 million tons of cargo annually. Recent financial reports for Q3 2025 indicated a 54% increase in net profit and a 1.5% rise in revenue, driven by higher passenger volumes and tariff rates. The company projects a 20% increase in cruise ship calls for 2026. In February 2026, a new multipurpose quay at Paldiski South Harbour received its operating permit. The company's management board is led by Valdo Kalm as Chairman and CEO, with Margus Vihman as CCO, Andrus Ait as CFO, and Rene Pärt as Chief Business Development Officer. Merike Saks was appointed to the Supervisory Board, effective May 1, 2026. The company announced a dividend of €0.073 for 2026, payable on May 20, 2026.
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