Skip to main content

Changes in the Management Board of AS Tallinna Sadam subsidiary OÜ TS Laevad

Written by Customer Service on . Posted in Public Companies.

The Supervisory Board of OÜ TS Laevad, the subsidiary company of AS Tallinna Sadam, has appointed Indrek Randveer as a chairman of the Management Board for a term of 3 years, effective from 04.01.2020.Indrek Randveer has a master’s degree in economics from Tallinn University of Technology. He currently works in AS Eesti Energia as the director of sales and customer experience in the domestic markets and is a member of the supervisory board of AS Bankish and AS Finora Capital. Indrek Randveer owns the real estate development and management consulting company Randvest OÜ. He has previously worked in leading positions in various Estonian companies, including OÜ Microsoft Estonia, AS Starman, has been the commercial manager and member of the management board of AS Estonian Air and has also served as a member of the management board and sales director of AS EMT for over 12 years. Indrek Randveer does not own any shares of AS Tallinna Sadam.Valdo Kalm, Chairman of the Supervisory Board of TS Laevad, is pleased that the ferry company will have a senior manager who has a wide background and more than 20 years of leadership experience. “The challenges of TS Laevad in the coming years are related to the development of digital solutions for ferry electrification and customer service. Indrek Randveer’s previous work experience in the fields of energy, aviation and technology, as well as his extensive knowledge in managing the customer experience and developing various IT applications, help to achieve these goals.”The Management Board of TS Laevad has three members, other members are Guldar Kivro, responsible for shipping, and Ave Metsla, responsible for services.Tallinna Sadam is one of the largest cargo- and passenger port complexes in the Baltic Sea region, which in 2019 serviced 10.64 million passengers and 19.9 million tons of cargo. In addition to passenger and freight services, Tallinna Sadam group also operates in shipping business via its subsidiaries – OÜ TS Laevad provides ferry services between the Estonian mainland and the largest islands, and OÜ TS Shipping charters its multifunctional vessel Botnica for icebreaking and construction services in Estonia and offshore projects abroad. Tallinna Sadam group is also a shareholder of an associate AS Green Marine, which provides waste management services. According to audited financial results, Tallinna Sadam group’s sales in 2019 totaled EUR 130.5 million, adjusted EBITDA EUR 74.3 million and net profit EUR 44.4 million.Additional information:Marju Zirel
Head of Investor Relations
Tel. +372 5342 6591
m.zirel@ts.ee

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.