What Elkoral does

Elkoral OÜ is an Estonian private limited company founded in 2006 and headquartered in Tallinn, providing electrical installation, building automation, and smart home services to commercial enterprises, government institutions, housing associations, and private individuals across Estonia. The company delivers integrated solutions spanning building management systems (lighting, HVAC, shading, monitoring, alarms), full-scope electrical works for apartment buildings, commercial real estate, industrial facilities, and infrastructure (including the Tallinn Cruise Terminal and Loksa CHP plant), as well as smart home installations, remote meter reading using LoRaWAN/NB-IoT/M-Bus, and IP-based access control systems with ANPR cameras and Bluetooth readers.

Its technical foundation rests on multi-vendor systems integration across internationally recognized platforms — Loxone for smart home, Siemens, ABB, and Schneider Electric for industrial automation and electrical distribution, KNX as the open building automation standard, and the Niagara Framework for IoT/building management — supplemented by metering hardware from Elvaco, intercoms from 2N, design-grade user interfaces from Basalte, and installation materials from OBO Bettermann. The company positions itself as an independent integrator rather than a single-vendor reseller, with all solutions custom-designed per client specifications.

Elkoral generates revenue primarily through professional services: project-based electrical and automation contracts, custom design-and-build for smart home and building automation systems, and recurring maintenance and support contracts (including remote monitoring, fault remediation, and system improvement). An e-shop at smartone.ee provides a secondary hardware and software distribution channel for metering components and smart home products. Pricing is quote-based for projects, with disclosed unit rates of EUR 72.50 per Tallinn site visit (first hour minimum, then 30-minute increments) and EUR 62.50 per additional work hour, both VAT-inclusive.

Name

Elkoral

Legal name

Elkoral OÜ

Website

https://elkoral.ee

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Elkoral OÜ is an Estonia-based electrical installation and building automation integrator, delivering custom smart home, HVAC, access control, and remote meter reading solutions using Loxone, Siemens, ABB, Schneider, and KNX platforms for enterprises, government, housing associations, and homeowners.

Ownership category

akta.pro rank

Product category

Electrical Contracting and Building Automation Services

NAICS

Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

HVAC Controls, Thermostats & Building Automation Installation (HSAOAGAJ)

akta.pro secondary industries

Smart Thermostat Installation & Integration (HSAOANAA), Smart Lighting & Dimming Control Installation (HSAHADAB)

Keywords

• Electrical installation services
• Building automation systems
• Smart home solutions
• Remote meter reading
• Access control systems

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Electrical Project Work: Electrical work for residential buildings, commercial buildings, industrial facilities, and infrastructure projects. Projects range from clearly defined technical tasks to complex project solutions in industrial or infrastructure facilities. Methodical project management ensures clear overview throughout the project.
2. Building Automation & Smart Home Systems: Design and installation of building automation systems and smart home solutions including lighting, HVAC control, security, monitoring, and access control systems.
3. Maintenance and Support Services: Ongoing maintenance services including user support via phone, email, and remote assistance, fault and defect removal, server and network monitoring, preventive maintenance, development work, system improvement recommendations, and equipment repair.
4. Product Sales (E-shop): Sale of products for measurement projects including gateways, communication modules, meters, and software solutions for data and device management.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Elkoral OÜ provides electrical installation, building automation, and smart home solutions for residential, commercial, industrial, and infrastructure clients. The company designs, installs, and maintains customized building management systems covering lighting, HVAC, security, access control, and remote meter reading using technologies such as KNX, Loxone, LoRaWAN, NB-IoT, and M-Bus. It also operates an e-shop (smartone.ee) selling meters, gateways, communication modules, and related software.

Product overview

Elkoral is an electrical and automation services company offering a portfolio of integrated solutions centered around building automation and smart home technology. The core offering consists of Hooneautomaatika (Building Automation) for commercial and residential buildings, Elektritööd (Electrical Work) for installations, and Tark Maja (Smart Home) for residential automation. These are complemented by specialized services including Arvestinäitude kauglugemine (Remote Meter Reading) for utility management using LoRaWAN/NB-IoT/M-Bus technologies, Läbipääs (Access Control) systems with ANPR and video intercom capabilities, and Hooldus ja tugiteenus (Maintenance and Support) for ongoing service. The company operates as a systems integrator, utilizing internationally recognized platforms including Loxone, Siemens, ABB, KNX, and Schneider Electric, and offers comprehensive solutions from design through installation to long-term maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• Hooneautomaatika (Building Automation) Design and installation of customized building automation systems that integrate lighting, HVAC, monitoring, and alarm transmission for commercial, residential, and industrial buildings. Targets property developers, building owners, and facility managers seeking energy-efficient, remotely manageable systems.
• Elektritööd (Electrical Work) Electrical installation and project work for apartment buildings, commercial properties, industrial facilities, and infrastructure. Covers technical assignments through complex project solutions, with budget and schedule control. Targets real estate developers, contractors, government institutions, and housing associations.
• Tark Maja (Smart Home) Smart home automation solutions enabling control of thousands of tasks and processes in private homes, hotels, and business environments. Uses internationally recognized products and software (e.g., Loxone). Targeted at homeowners, housing associations, and hospitality operators.
• Arvestinäitude kauglugemine (Remote Meter Reading) Complete remote meter reading solutions from meter to billing using LoRaWAN, NB-IoT, M-Bus, and Wireless M-Bus technologies. Includes gateways, communication modules, meters, and management software. Targets housing associations, utilities, and property managers needing automated consumption data and billing.
• Läbipääs (Access Control)

Quantifiable outcome

• Reduced energy consumption through efficient building automation systems
• +2 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core.

• SiemenscoreTechnology or IntegrationTechnology partner for building automation and electrical systems. Siemens provides industrial automation and building technology products integrated into Elkoral's projects.
• Loxone Electronics GmbHcoreTechnology or IntegrationPrimary smart home technology partner. Loxone provides the smart home platform and app used in Elkoral's smart home installations (as referenced in privacy policy mentioning Loxone Smart Home app).
• ABBcoreTechnology or IntegrationTechnology partner for electrical and automation solutions. ABB provides products for building automation and electrical installations.
• Schneider ElectriccoreTechnology or IntegrationTechnology partner for energy management and building automation solutions. Schneider Electric provides products and systems for electrical distribution and automation.
• KNXcoreTechnology or IntegrationPartner for KNX standard building automation systems. KNX is an international standard for home and building automation.
• Niagara FrameworkcoreTechnology or IntegrationPartner providing the Niagara Framework platform for building automation and IoT solutions integration.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ABB: Swiss-Swedish electrification and automation multinational. A core Elkoral technology partner whose broader product portfolio and direct presence compete for large Estonian electrical and automation projects.
• Schneider Electric: Global energy management and building automation major. Elkoral integrates Schneider's products while Schneider's local Estonian operation competes for mid-sized commercial and industrial automation opportunities.
• Johnson Controls: Global building automation, HVAC controls, and security incumbent. Competes with Elkoral for mid-to-large commercial automation and security integrations in Estonia and the wider Baltic region.
• Honeywell: U.S.-based building automation and HVAC controls multinational. Competes with Elkoral for commercial BMS, energy management, and integrated security projects across Europe, including on Estonian real estate developments.
• Siemens: German industrial conglomerate active in Smart Infrastructure / Building Technologies. Elkoral integrates Siemens products and competes with Siemens' local team on industrial and large commercial building automation tenders.

Direct peers

• Loxone Electronics GmbH: Austrian smart-home platform manufacturer (Loxone Miniserver, app) whose products Elkoral integrates. Both parties serve the smart-home market through integrator channels in the Baltics; Loxone additionally sells direct to end customers, making it the closest direct comparable in the regional smart-home category.
• Crestron Electronics: U.S. smart-home and commercial AV/automation systems provider working through a global integrator network. Directly comparable to Elkoral as a design-install-maintain automation integrator for premium residential and commercial clients.
• Snap One (Control4): Smart-home solutions platform (Control4) distributed through a dealer/integrator channel. Directly comparable to Elkoral's residential automation model and a contender on premium new-build and retrofit smart-home projects in Northern Europe.

Regional players

• Helvar: Finnish intelligent lighting controls specialist active across the Nordics and wider Europe. A relevant regional peer offering similar lighting/automation integration services for commercial buildings in geographies adjacent to Elkoral's Estonian base.

Others

• Beckhoff Automation: German industrial automation and PC-based control platform supplier (TwinCAT). Comparable as a building/industrial automation infrastructure provider overlapping Elkoral's technology stack, though Beckhoff is not itself a direct services competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/nutikasmaja

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elkoral