UPM-Kymmene Otepää OÜ
- Registry code
- 10664333
- VAT number
- EE100621732
- Address
- Valga maakond, Otepää vald, Otepää linn, Tehase tn 2a, 67404
- Registered
- 12.05.2000 · 26 yrs
- Activity
- Manufacture of veneer sheets and wood-based panels 16211
- Additional activities
- Puidu saagimine ja hööveldamine
- Capital
- 1 278 233 €
- o•••@u•••.comLog in to see
- Phone
- +372 •• ••••Log in to see
Business Register 03.10.2026
Sales revenue79,9 m €+4%2025 annual report
Profit11,5 m €2025 annual report
Employees264Tax Board 2026 Q2
Average gross salary2 918 €estimate, Tax Board 2026 Q2
Labour taxes per quarter1,2 m €Tax Board 2026 Q2
Tax debt0 €Tax Board debtor list 03.10.2026
Revenue 12 months96,6 m €-4%Tax Board, last 4 quarters
State taxes 12 months19,4 m €Tax Board, last 4 quarters
Quick check
- No tax debt
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Report filed (2025)
- VAT registered
Stability
Follow companyNotification when something changesRatingAA → AAA → AA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 4% vs a year earlier
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Board and owners
9 persons
| Board 3 | ||
|---|---|---|
| Lasse Mikael Von Hertzen1 companyno tax debt | Personal ID ↗ | 13.10.2025 |
| Maria Katariina Jokinen1 companyno tax debt | Personal ID ↗ | 09.02.2026 |
| Tommi Juhani Talvia2 companiesno tax debt | Personal ID ↗ | 07.06.2023 |
| Other persons 6 | ||
| Lauri Kiivit2 companiesno tax debtProcurator | Personal ID ↗ | 26.06.2024 |
| Mairo Kangro1 companyno tax debtProcurator | Personal ID ↗ | 16.11.2023 |
| Mari Lüdimois2 companiesno tax debtProcurator | Personal ID ↗ | 26.06.2024 |
| Mikko Tapio Miettinen2 companiesno tax debtProcurator | Personal ID ↗ | 26.06.2024 |
| Tauri Paabo1 companyno tax debtProcurator | Personal ID ↗ | 16.11.2023 |
| Tõnu Saaber2 companiesno tax debtProcurator | Personal ID ↗ | 12.03.2026 |
| Shareholders 1 | ||
| UPM-Kymmene Oyj | 100,0% 1 278 233 € | 20.07.2026 |
| Beneficial owners 3 | ||
| Lasse Mikael Von Hertzen1 companyno tax debtmember of the senior management body, i.e. management or supervisory board member | 19.01.2026 | |
| Maria Katariina Jokinenmember of the senior management body, i.e. management or supervisory board member | 19.01.2026 | |
| Tommi Juhani Talvia2 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member | 15.01.2026 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue14,9%
Labour taxes / revenue4,3%
Revenue per employee per month34 735 €
Gross salary (estimate)2 918 €
Net salary (estimate)2 348 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 27 510 257 € | ▼ 4% | 1 178 607 € | 4 095 834 € | 264 |
| 2026 Q1 | 22 512 818 € | ▼ 14% | 945 073 € | 5 625 563 € | 259 |
| 2025 Q4 | 26 646 996 € | ▲ 2% | 934 831 € | 6 426 061 € | 256 |
| 2025 Q3 | 19 937 817 € | ▼ 2% | 1 076 747 € | 3 255 862 € | 251 |
| 2025 Q2 | 28 650 182 € | ▲ 4% | 1 145 673 € | 3 792 882 € | 249 |
| 2025 Q1 | 26 145 723 € | ▲ 71% | 941 075 € | 3 551 627 € | 255 |
| 2024 Q4 | 25 997 081 € | ▲ 8% | 921 224 € | 3 734 928 € | 256 |
| 2024 Q3 | 20 261 066 € | ▼ 7% | 950 827 € | 4 474 868 € | 249 |
| 2024 Q2 | 27 553 886 € | ▼ 21% | 1 087 643 € | 4 068 828 € | 245 |
| 2024 Q1 | 15 247 274 € | ▼ 36% | 801 266 € | 1 810 221 € | 245 |
| 2023 Q4 | 24 051 421 € | ▼ 13% | 859 405 € | 2 948 772 € | 246 |
| 2023 Q3 | 21 843 450 € | ▲ 48% | 849 802 € | 3 856 118 € | 250 |
Show full history (18 quarters)
| 2023 Q2 | 35 077 296 € | ▲ 67% | 951 638 € | 3 713 539 € | 246 |
| 2023 Q1 | 23 889 928 € | ▲ 31% | 781 868 € | 1 661 049 € | 251 |
| 2022 Q4 | 27 637 457 € | 776 028 € | 3 181 445 € | 254 | |
| 2022 Q3 | 14 732 191 € | 749 890 € | 2 725 235 € | 254 | |
| 2022 Q2 | 21 061 096 € | 796 259 € | 2 740 005 € | 244 | |
| 2022 Q1 | 18 170 919 € | 657 827 € | 2 087 570 € | 241 |
Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0
Annual reports
5 yr
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 79,9 m € | ▲ 4% | 77,1 m € | ▼ 11% | 87,0 m € | ▲ 31% | 66,3 m € | ▲ 13% | 58,7 m € |
| Profit | 11,5 m € | ▼ 13% | 13,2 m € | ▲ 21% | 10,8 m € | ▲ 34% | 8,1 m € | ▼ 24% | 10,7 m € |
| Profit margin | 14,4% | 17,1% | 12,5% | 12,2% | 18,2% | ||||
| Retained earnings | 56,7 m € | ▲ 10% | 51,5 m € | ▲ 2% | 50,7 m € | ▲ 3% | 49,1 m € | ▲ 8% | 45,5 m € |
| Current assets | 49,7 m € | ▲ 15% | 43,3 m € | ▲ 5% | 41,1 m € | ▲ 20% | 34,2 m € | ▲ 20% | 28,5 m € |
| Fixed assets | 27,0 m € | ▼ 10% | 30,2 m € | ▲ 1% | 30,0 m € | ▼ 9% | 32,9 m € | ▼ 7% | 35,5 m € |
| Assets | 76,7 m € | ▲ 4% | 73,5 m € | ▲ 3% | 71,1 m € | ▲ 6% | 67,1 m € | ▲ 5% | 64,0 m € |
| Current liabilities | 7,0 m € | ▼ 4% | 7,3 m € | ▼ 9% | 8,1 m € | ▼ 5% | 8,5 m € | ▲ 31% | 6,5 m € |
| Long-term liabilities | 67 859 € | ▲ 5% | 64 345 € | ▲ 7% | 60 361 € | ▲ 1% | 59 865 € | ▲ 8% | 55 482 € |
| Total liabilities | 7,1 m € | ▼ 4% | 7,4 m € | ▼ 9% | 8,1 m € | ▼ 5% | 8,5 m € | ▲ 31% | 6,5 m € |
| Equity | 69,6 m € | ▲ 5% | 66,1 m € | ▲ 5% | 62,9 m € | ▲ 7% | 58,6 m € | ▲ 2% | 57,5 m € |
| Labour costs | -9,7 m € | ▼ 3% | -9,4 m € | ▼ 8% | -8,7 m € | ▼ 16% | -7,5 m € | ▼ 10% | -6,8 m € |
| Employees | 254 | 0% | 255 | ▼ 1% | 257 | ▲ 2% | 252 | ▲ 3% | 245 |
| Filed | 27.04.2026 | 30.06.2025 | 20.06.2024 | 21.06.2023 | 13.07.2022 | ||||
| Report | In the Business Register ↗ | In the Business Register ↗ | In the Business Register ↗ | In the Business Register ↗ | In the Business Register ↗ |
▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0
Revenue by activity
2025
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Manufacture of veneer sheets and wood-based panels main activity | 16211 | 74 053 552 € | 93% |
| Puidu saagimine ja hööveldamine | 16111 | 5 881 592 € | 7% |
2025 annual report, RIK open data
Real estate
e-kinnistusraamat
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Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data
Debts and court cases
clean
No tax debt · Tax Board 03.10.2026
Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.
Enforcement, payment orders and notices
clean
Official Announcements contain no enforcement, payment order or tax authority notices about the company.
Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.
State: transactions, tenders, grants
3 239 € makseid · 4 toetust
Transactions with state institutions
2024950 €
20232 289 €
Largest payers
| Eesti Töötukassa | 3 239 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 01.2024 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 950 € |
| 12.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 950 € |
| 11.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 950 € |
| 10.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 389 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Toetuse saanud projektid
| Projekt | Meede | Periood | Toetus | Välja makstud |
|---|---|---|---|---|
| UPM-Kymmene Otepää AS töötajate teadmiste ja oskuste arendamine ning kvalifikatsiooni tõstmine Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Teadmiste ja oskuste arendamise toetus | 22.08.2011 – 31.03.2012 | 17 017 € | |
| UPM-Kymmene Otepää AS juhtide ja spetsialistide arendusprogramm Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Teadmiste ja oskuste arendamise toetus | 09.02.2011 – 31.03.2011 | 7 806 € | |
| UPM-Kymmene Otepää AS töötajate teadmiste ja oskuste arendamine ning kvalifikatsiooni tõstmine Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Teadmiste ja oskuste arendamise toetus | 10.09.2009 – 30.06.2010 | 26 951 € | |
| Elektrivõrguga liitumisvõimsuse suurendamine ja jaotusjaama rekonstrueerimine Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Ettevõtluse infrastruktuuri arendamine | 13.09.2004 – 12.12.2004 | 53 104 € |
Riigi Tugiteenuste Keskus, toetatud projektid
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
5
Top 20 in activity: Manufacture of veneer sheets and wood-based panels
7
| # | Company | Revenue |
|---|---|---|
| 1 | UPM-Kymmene Otepää OÜ | 79,9 m € |
| 2 | Estonian Plywood AS | 66,9 m € |
| 3 | Metsä Wood Eesti AS | 55,9 m € |
| 4 | OÜ Kohila Vineer | 49,2 m € |
| 5 | Paged Eesti OÜ | 29,1 m € |
| 6 | Tarmeko Spoon OÜ | 22,7 m € |
| 7 | Viljandi spoon OÜ | 30 276 € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Tegevusload
2 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Keskkonnaluba: Otepää vineeritehas | KL-520177 | 05.02.2024 |
| Joint frequency permit | SLM17/0281 | 13.01.2017 kuni 12.01.2023 |
History and notices
40
| Date | Type | Content |
|---|---|---|
| 02.10.2026 | Entry | Amendment entry |
| 16.07.2026 | Entry | Amendment entry |
| 12.03.2026 | Entry | Amendment entry |
| 06.03.2026 | Order to remedy deficiencies | Amendment entry |
| 25.02.2026 | Administrative order | |
| 09.02.2026 | Entry | Amendment entry |
| 13.10.2025 | Entry | Amendment entry |
| 09.10.2025 | Administrative order | |
| 01.11.2024 | Entry | Amendment entry |
| 26.06.2024 | Entry | Amendment entry |
| 12.01.2024 | Entry | Amendment entry |
| 03.01.2024 | Order to remedy deficiencies | Amendment entry |
| 16.11.2023 | Entry | Amendment entry |
| 01.09.2023 | Entry | Amendment entry |
| 07.06.2023 | Entry | Amendment entry |
| 24.03.2023 | Entry | Amendment entry |
| 14.12.2022 | Entry | Amendment entry |
| 13.12.2022 | Entry | Amendment entry |
| 03.09.2020 | Entry | Amendment entry |
| 04.09.2019 | Entry | Ümberkujundamiskanne |
| 22.02.2018 | Entry | Amendment entry |
| 20.02.2018 | Order to remedy deficiencies | Amendment entry |
| 17.01.2018 | Entry | Amendment entry |
| 03.12.2017 | Entry | Amendment entry |
| 10.10.2017 | Entry | Amendment entry |
| 28.09.2017 | Entry | Amendment entry |
| 06.12.2016 | Entry | Amendment entry |
| 12.06.2013 | Order to remedy deficiencies to correct non-entry data | |
| 06.07.2012 | Order to remedy deficiencies | Toimiku dokumentide kontroll |
| 17.03.2011 | Entry | Amendment entry |
| 16.03.2011 | Order to remedy deficiencies | Amendment entry |
| 26.10.2009 | Aruandetrahvimäärus | Toimiku dokumentide kontroll |
| 03.12.2008 | Tegevusalade kustutamine registrikaardilt | Amendment entry |
| 19.07.2007 | Kättetoimetatav määrus | Toimiku dokumentide kontroll |
| 26.04.2005 | Kättetoimetatav määrus | Toimiku dokumentide kontroll |
| 21.06.2004 | Jaatav kandeotsus | Amendment entry |
| 20.05.2004 | Kättetoimetatav puuduste kõrvaldamise määrus | Amendment entry |
| 30.12.2003 | Jaatav kandeotsus | Amendment entry |
| 11.06.2003 | Kättetoimetatav määrus | Toimiku dokumentide kontroll |
| 15.04.2003 | Jaatav kandeotsus | Kommertspandi kustutamiskanne |