Harju County Court started the proceedings on the claim filed by Saaremaa Laevakompanii and Väinamere Liinid against the subsidiaries of Tallinna Sadam

The Management of Tallinna Sadam is of the opinion that the requests in the application of the claim are unjustified. Tallinna Sadam will file the response to the application of the claim by the deadline fixed by the court.Tallinna Sadam is one of the largest cargo- and passenger port complexes in the Baltic Sea region, which in 2018 serviced 10.6 million passengers and 20.6 million tons of cargo. In addition to passenger and freight services, Tallinna Sadam group also operates in shipping...

The Management of Tallinna Sadam is of the opinion that the requests in the application of the claim are unjustified. Tallinna Sadam will file the response to the application of the claim by the deadline fixed by the court.

Tallinna Sadam is one of the largest cargo- and passenger port complexes in the Baltic Sea region, which in 2018 serviced 10.6 million passengers and 20.6 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 unaudited financial results, Tallinna Sadam group's sales in 2018 totaled EUR 130.6 million, adjusted EBITDA EUR 74.4 million and net profit EUR 24.4 million.

Marju Zirel
Head of Investor Relations
AS Tallinna Sadam
[email protected]