Slide TRANSPORDI VARAHALDUS Finance and management of investments into transportation assets

INTRODUCTION

OÜ Transpordi Varahaldus (hereinafter “TVH” or “Company”) is a state-owned business entity founded on September 30, 2015 by the Republic of Estonia as a sole shareholder with the objective of operating as an investment firm financing and managing fixed assets in the field of transport (including acquisition and lease). The Company was entered into the commercial register on October 10, 2015.

FLEET of AIRCRAFT

The Company’s fleet consists of seven Bombardier CRJ900NG type jet engine powered passenger aircraft (manufacturer´s serial numbers: MSN 15261, MSN 15262, MSN 15276, MSN 15277, MSN 15211, MSN 15250 and MSN 15206).

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NEWS

TVH 2020 financial year operating profit 1.83 million

According to the audited financial results for 2020 the operating profit of OÜ Transpordi Varahaldus (TVH) was 1.84 million euros at a 9.38 million euro annual turnover. According to the member of the management board Ergo Blumfeldt, the last financial year was the most complicated in commercial aviation …

New members of the supervisory board: Ave Henberg and Raoul Lättemäe

On May 4th, 2021 the minister for economy and infrastructure, acting as the representative of the sole shareholder of Transpordi Varahaldus OÜ, recalled Katrin Andre ja Kaupo Raag from the supervisory board of the company and appointed two new members.

TVH 2019 financial year net profit 3.2 million

According to the audited financial results for 2019, the annual turnover of OÜ Transpordi Varahaldus (TVH) was 9.1 million euros and net profit was 3.2 million. Minister of economic affairs and infrastructure who exercises the rights of the sole shareholder of TVH approved the annual report which was audited by …