MAST Europe OÜ
- Registry code
- 12066435
- VAT number
- EE101437925
- Address
- Ida-Viru maakond, Narva linn, Tiigi tn 6/1, 20104
- Registered
- 01.03.2011 · 15 yrs
- Activity
- Manufacture of basic iron and steel and of ferro-alloys 24101
- Additional activities
- Aluminium production, Muu mujal liigitamata teenindus
- Capital
- 3 282 500 €
- m•••@m•••.eeLog in to see
- Phone
- +372 •• ••••Log in to see
- Website
- www.masteurope.ee
Business Register 06.10.2026
Sales revenue27,0 m €-10%2025 annual report
Profit-1 827 €2025 annual report
Employees95Tax Board 2026 Q2
Average gross salary2 663 €estimate, Tax Board 2026 Q2
Labour taxes per quarter387 k €Tax Board 2026 Q2
Cash203 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months34,4 m €-11%Tax Board, last 4 quarters
State taxes 12 months1,6 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
Email right away on tax debt, bankruptcy or board changeRatingAA → BBB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 11% vs a year earlier
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Board and owners
2 persons
| Board 2 | ||
|---|---|---|
| Olena Shevchenko1 companyno tax debt | Personal ID ↗ | 14.09.2022 |
| Sergey Makhov1 companyno tax debt | Personal ID ↗ | 17.08.2016 |
| Shareholders 2 | ||
| ALEXEY KHAVIN | 98,48% 3 232 500 € | 22.01.2024 |
| Igor Sumarok | 1,52% 50 000 € | 04.03.2024 |
| Beneficial owners 1 | ||
| ALEXEY KHAVINdirect holding | 11.10.2022 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue4,0%
Labour taxes / revenue4,0%
Revenue per employee per month33 568 €
Gross salary (estimate)2 663 €
Net salary (estimate)2 156 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 9 566 844 € | ▲ 0% | 387 038 € | 378 396 € | 95 |
| 2026 Q1 | 8 655 421 € | ▼ 9% | 399 830 € | 385 187 € | 90 |
| 2025 Q4 | 8 355 458 € | ▼ 1% | 419 288 € | 404 179 € | 87 |
| 2025 Q3 | 7 805 039 € | ▼ 29% | 423 459 € | 409 229 € | 87 |
| 2025 Q2 | 9 555 656 € | ▼ 18% | 397 719 € | 414 778 € | 96 |
| 2025 Q1 | 9 484 640 € | ▼ 0% | 385 853 € | 381 852 € | 96 |
| 2024 Q4 | 8 438 490 € | ▲ 1% | 393 618 € | 394 806 € | 96 |
| 2024 Q3 | 10 940 136 € | ▲ 32% | 427 673 € | 460 183 € | 96 |
| 2024 Q2 | 11 681 584 € | ▲ 21% | 384 988 € | 395 595 € | 102 |
| 2024 Q1 | 9 487 643 € | ▼ 13% | 413 250 € | 399 550 € | 95 |
| 2023 Q4 | 8 362 628 € | ▼ 27% | 372 754 € | 358 612 € | 93 |
| 2023 Q3 | 8 303 364 € | ▼ 33% | 409 480 € | 397 971 € | 97 |
Show full history (18 quarters)
| 2023 Q2 | 9 618 707 € | ▼ 41% | 401 048 € | 396 394 € | 100 |
| 2023 Q1 | 10 941 333 € | ▲ 19% | 417 024 € | 400 724 € | 102 |
| 2022 Q4 | 11 478 771 € | 377 346 € | 369 034 € | 101 | |
| 2022 Q3 | 12 422 215 € | 374 637 € | 418 123 € | 102 | |
| 2022 Q2 | 16 426 567 € | 302 230 € | 292 472 € | 96 | |
| 2022 Q1 | 9 217 665 € | 295 836 € | 290 131 € | 91 |
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 | 27,0 m € | ▼ 10% | 29,9 m € | ▲ 6% | 28,3 m € | ▼ 23% | 36,9 m € | ▲ 56% | 23,7 m € |
| Profit | -1 827 € | ▼ into loss | 148 k € | ▼ 51% | 301 k € | ▼ 81% | 1,6 m € | ▼ 17% | 1,9 m € |
| Profit margin | -0,0% | 0,5% | 1,1% | 4,3% | 8,0% | ||||
| Retained earnings | 1,5 m € | ▲ 2% | 1,4 m € | ▲ 4% | 1,4 m € | ▲ into profit | -111 k € | ▲ 94% | -2,0 m € |
| Cash | 203 k € | ▲ 46% | 139 k € | ▼ 67% | 417 k € | ▼ 15% | 490 k € | ▲ 12× | 39 685 € |
| Current assets | 11,3 m € | ▲ 1% | 11,2 m € | ▲ 17% | 9,6 m € | ▼ 16% | 11,4 m € | ▲ 52% | 7,5 m € |
| Fixed assets | 4,1 m € | ▼ 8% | 4,4 m € | ▼ 16% | 5,2 m € | ▲ 6% | 5,0 m € | ▲ 9% | 4,6 m € |
| Assets | 15,4 m € | ▼ 1% | 15,6 m € | ▲ 6% | 14,8 m € | ▼ 10% | 16,3 m € | ▲ 36% | 12,0 m € |
| Current liabilities | 7,0 m € | ▲ 1% | 6,9 m € | ▲ 10% | 6,3 m € | ▼ 24% | 8,3 m € | ▲ 41% | 5,9 m € |
| Long-term liabilities | 3,5 m € | ▼ 5% | 3,6 m € | ▲ 8% | 3,4 m € | ▲ 5% | 3,2 m € | ▲ 11% | 2,9 m € |
| Total liabilities | 10,4 m € | ▼ 1% | 10,5 m € | ▲ 9% | 9,6 m € | ▼ 16% | 11,5 m € | ▲ 31% | 8,8 m € |
| Equity | 4,9 m € | ▼ 2% | 5,1 m € | ▼ 1% | 5,1 m € | ▲ 6% | 4,8 m € | ▲ 49% | 3,3 m € |
| Labour costs | -4,1 m € | ▼ 1% | -4,0 m € | ▼ 1% | -4,0 m € | ▼ 10% | -3,6 m € | ▼ 25% | -2,9 m € |
| Employees | 93 | ▼ 4% | 97 | ▼ 3% | 100 | ▼ 2% | 102 | ▲ 13% | 90 |
| Filed | 01.07.2026 | 01.07.2025 | 28.06.2024 | 06.07.2023 | 09.01.2023 | ||||
| Report | PDF ↓ | PDF ↓ | PDF ↓ | PDF ↓ | PDF ↓ |
▲ 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 basic iron and steel and of ferro-alloys main activity | 24101 | 16 976 080 € | 63% |
| Aluminium production | 24421 | 8 205 521 € | 30% |
| Muu mujal liigitamata teenindus | 96999 | 1 867 972 € | 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 06.10.2026
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
77 615 € makseid · 2 toetust
Transactions with state institutions
20266 035 €
202535 821 €
20248 937 €
202326 821 €
Largest payers
| MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM | 30 334 € |
| Eesti Töötukassa | 29 291 € |
| REGIONAAL- JA PÕLLUMAJANDUSMINISTEERIUM | 17 990 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 09.2026 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 266 € |
| 08.2026 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 411 € |
| 07.2026 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 165 € |
| 06.2026 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 454 € |
| 05.2026 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 528 € |
| 04.2026 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 512 € |
| 01.2026 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 700 € |
| 12.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 552 € |
| 11.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 504 € |
| 10.2025 | MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM | Muud toetused | Teadus- ja arendustegevus üldises majandus-, kaubandus- ja tööjõupoliitikas | 30 334 € |
| 10.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 348 € |
| 09.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 124 € |
| 08.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 968 € |
| 07.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 992 € |
| 12.2024 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 187 € |
| 11.2024 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 062 € |
| 10.2024 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 308 € |
| 09.2024 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 694 € |
| 08.2024 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 2 051 € |
| 07.2024 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 437 € |
| 06.2024 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 197 € |
| 10.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 425 € |
| 09.2023 | REGIONAAL- JA PÕLLUMAJANDUSMINISTEERIUM | Muud toetused | Other general services | 17 990 € |
| 09.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 720 € |
| 08.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 502 € |
| 07.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 725 € |
| 06.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 725 € |
| 05.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 959 € |
| 04.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 939 € |
| 03.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 926 € |
| 02.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 994 € |
| 01.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 916 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Toetuse saanud projektid toetus kokku 370 tuh €
| Projekt | Meede | Periood | Toetus | Välja makstud |
|---|---|---|---|---|
| Piloottaristu rajamine tehnoloogia loomiseks väärtuslikke elemente sisaldavate jäätmete töötlemiseks tooraineks puhaste põhisulamite tootmiseks Rahastatud · Ettevõtluse ja Innovatsiooni Sihtasutus | (EK nr 8.1) Õiglane üleminek | 08.01.2025 – 29.12.2026 | 279 540 € | 37 918 € |
| Uute toodete arendamiseks täiendavate seadmete soetamine. Lõpetatud · Riigi Tugiteenuste Keskus | Piirkondade konkurentsivõime tugevdamine | 23.12.2021 – 31.08.2023 | 90 020 € | 257 185 € |
Riigi Tugiteenuste Keskus, toetatud projektid
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
0
No linked companies found
Top 20 in activity: Manufacture of basic iron and steel and of ferro-alloys
5
| # | Company | Revenue |
|---|---|---|
| 1 | MAST Europe OÜ | 27,0 m € |
| 2 | FE Mottram OÜ | 4,0 m € |
| 3 | KEVMET GRUPP OÜ | 1,2 m € |
| 4 | Raud24 OÜ | 642 k € |
| 5 | KEVMET OÜ | 191 k € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Licences, pledges, domains
3 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Keskkonnaluba: Mast Europe OÜ Narva tehas | KKL-501200 | 18.03.2019 |
Commercial pledges
| Number | Pandipidaja | Amount | Since |
|---|---|---|---|
| 2 | Coop Pank AS | 1 300 000 € | 05.01.2024 |
Domains
| Domain | Source |
|---|---|
| masteurope.ee | Business Register |
History and notices
40
| Date | Type | Content |
|---|---|---|
| 26.01.2024 | Entry | Amendment entry |
| 05.01.2024 | Entry | Kommertspandi avamiskanne |
| 02.09.2023 | Entry | Amendment entry |
| 03.05.2023 | Entry | Amendment entry |
| 14.09.2022 | Entry | Amendment entry |
| 25.02.2022 | Entry | Amendment entry |
| 24.09.2020 | Entry | Amendment entry |
| 21.09.2020 | Order to remedy deficiencies | Amendment entry |
| 10.09.2020 | Administrative order | |
| 04.03.2020 | Entry | Amendment entry |
| 21.02.2020 | Order to remedy deficiencies | Amendment entry |
| 26.06.2019 | Entry | Amendment entry |
| 26.06.2019 | Order to remedy deficiencies | Amendment entry |
| 02.05.2019 | Entry | Amendment entry |
| 02.05.2019 | Entry | Muutmiskanne ÄS § 525 lg 2 alusel |
| 23.04.2019 | Order to remedy deficiencies | Amendment entry |
| 06.07.2018 | Entry | Second, constitutive merger entry (on the acquiring company's register card) |
| 25.06.2018 | Order to remedy deficiencies | Amendment entry |
| 26.01.2018 | Entry | Amendment entry |
| 17.01.2018 | Entry | Amendment entry |
| 17.01.2018 | Order to remedy deficiencies | Amendment entry |
| 01.12.2017 | Entry | Amendment entry |
| 12.09.2016 | Entry | Amendment entry |
| 09.09.2016 | Entry | Amendment entry |
| 24.08.2016 | Entry | Amendment entry |
| 24.08.2016 | Order to remedy deficiencies | Amendment entry |
| 17.08.2016 | Entry | Amendment entry |
| 13.01.2016 | Negative entry order: deficiencies not remedied | Amendment entry |
| 10.12.2015 | Order to remedy deficiencies | Amendment entry |
| 16.11.2015 | Entry | Amendment entry |
| 09.09.2015 | Lõivu tagastamise määrus (NAP) | Amendment entry |
| 02.09.2015 | Entry | Amendment entry |
| 31.03.2015 | Entry | Amendment entry |
| 23.03.2015 | Order to remedy deficiencies | Amendment entry |
| 25.02.2015 | Entry | Amendment entry |
| 06.05.2014 | Entry | Amendment entry |
| 28.02.2013 | Lõivu tagastamise määrus | |
| 15.01.2013 | Entry | Kommertspandi kustutamiskanne |
| 29.11.2012 | Kättetoimetatav puuduste kõrvaldamise määrus | Kommertspandi kustutamiskanne |
| 22.05.2012 | Entry | Amendment entry |