Eesti Energia

Eesti Energia AS is a public limited energy company in Estonia with its headquarters in Tallinn. It is the world's biggest oil shale to energy company. The company was founded in 1939. As of 2014, it operates in Estonia, Latvia, Lithuania, Finland, Jordan and Utah, United States. In Estonia, the company operates under the name Eesti Energia, while using the brand name Enefit for international operations. The main raw material for energy production – oil shale – is extracted from mines located in Eastern-Estonia and owned by the company. The group of Eesti Energia has three main operation areas: electricity generation, shale oil production, and sale and distribution of electricity. Its shares are owned by the Government of Estonia.

Eesti Energia
Enefit
Company typepublic limited company
IndustryElectricity
Oil and gas
Mining
Founded1939 (1939)
Headquarters
Tallinn
,
Estonia
Area served
Estonia, Latvia, Lithuania, Finland, Sweden, Poland, Jordan, Utah
Key people
Andrus Durejko (CEO)
ProductsElectric power and heat
Oil shale
Shale oil
ServicesElectricity and heat distribution
Sale of electricity
Revenue€880 million (2014)
412,400,000 Euro (2022) 
Net income
215,700,000 Euro (2022) 
Total assets3,969,900,000 Euro (2022) 
OwnerGovernment of Estonia
Number of employees
~ 5000 (2020)
Websitewww.energia.ee
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