REG-Tallinna Vesi's third-quarter sales reached €18.32 million
Key Highlights
- ➤Q3 sales €18.32 million, up 0.8% year-on-year
- ➤Q3 net profit €3.96 million, down 20.20% year-on-year
- ➤Nine-month net profit €8.12 million, down 16.84% year-on-year
- ➤Q3 fixed-asset investments €16.38 million, up 13.2% year-on-year
- ➤2026 planned investments total €60 million
Expert Statements
Aleksandr Timofejev, CEO of Tallinna Vesi
“Summer is the busiest time of year for water and sewer pipe construction projects, and our team made the most of it. To improve the operational continuity of the water supply, we built and renovated additional boreholes in the Lasnamäe and Kristiine areas. In August, we opened a coastal stormwater sedimentation pond in North Tallinn. This is a prime example of how a modern stormwater strategy can help us to cope with climate change,”
Aleksandr Timofejev, CEO of Tallinna Vesi
“Several development projects are underway at the water and wastewater treatment plants to increase operational continuity and improve energy efficiency. The focus of investments is now shifting from wastewater treatment to modernising water treatment processes, including completely reconstructing ozonation and microfiltration processes,”
The sales of AS Tallinna Vesi in the third quarter of 2026 were €18.32 million, an increase of 0.8% compared to the same period last year. The company's third-quarter revenues were most affected by the growth in sales of water services, while revenue from construction services fell compared to the third quarter of 2025.
Aleksandr Timofejev, CEO of Tallinna Vesi, said that the third quarter was characterised by continued progress with planned investments and a commitment to the continuity of the vital service. "Summer is the busiest time of year for water and sewer pipe construction projects, and our team made the most of it. To improve the operational continuity of the water supply, we built and renovated additional boreholes in the Lasnamäe and Kristiine areas. In August, we opened a coastal stormwater sedimentation pond in North Tallinn. This is a prime example of how a modern stormwater strategy can help us to cope with climate change," he said. Timofejev noted that creating modern stormwater solutions is essential for the functioning of the city in changing climatic conditions.
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