PMT
PMT is an Estonian contract manufacturer providing full-cycle precision metalworking — engineering, manufacturing, and assembly of industrial machines and metal structures — serving nine industrial verticals including pulp & paper, wood, mining, energy, and defence, with 83% of production exported to Nordic and Central European markets.
- Company typePrivate
- Founded1992
- HeadquartersPaide, Estonia
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What PMT does
PMT (OÜ PMT, legally operating as Paide Machine Factory) is an Estonian precision metalworking and contract manufacturer founded in 1992, with industrial roots extending back to the 1911 Koppel iron and copper factory. The company provides full-cycle manufacturing services for industrial machines and metal structures — covering engineering (3D product design, production planning), manufacturing (laser and gas cutting up to 40mm thickness, CNC bending up to 800 tonnes, MIG/MAG robotic welding, CNC turning and milling, shotblasting, and a temperature-controlled paint chamber), and final assembly including hydraulics, motors, bearings, shafts, and automation. All operations are conducted under ISO 9001:2015-certified quality management with IWE-supervised welding and individually certified welders per EVS-EN ISO 9606-1.
The company operates two factories totaling 15,000 m² in Paide (headquarters, established 1911) and Tallinn (10 km from port/airport), strategically positioned for export logistics. PMT serves nine industrial verticals — with Pulp & Paper and Wood Industry as primary segments, alongside Mining, Agriculture, Energy, Defence, Construction, Road Maintenance, and Waste Treatment — exporting 83% of production to Nordic countries, Central Europe (notably Germany), and the United Kingdom. Revenue is generated exclusively through custom contract-manufacturing engagements priced per project specification, with no public pricing or licensing model. The company employs 130+ staff and reported €15.4M in revenue for fiscal year 2025.
PMT is privately held by the Meikup family (Chairman/CEO Jaan Meikup, with family members in Business Controller and Regional Sales Manager roles), bootstrapped without external institutional investors. Growth has been supported by approximately €1.6M+ in cumulative EU and Estonian state grants since 2016, funding digitization, product development, robotic welding, and energy security initiatives. Distribution is direct B2B via an in-house sales team and a dedicated regional sales function targeting European industrial OEMs and tier-1 suppliers.
PMT firmographics
Firmographics- Name
- PMT
- Legal name
- OÜ PMT
- Website
- https://pmt.ee
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- PMT is an Estonian contract manufacturer providing full-cycle precision metalworking — engineering, manufacturing, and assembly of industrial machines and metal structures — serving nine industrial verticals including pulp & paper, wood, mining, energy, and defence, with 83% of production exported to Nordic and Central European markets.
- Ownership category
- akta.pro rank
PMT industry classification
Industry- Product category
- Contract Metal Manufacturing
- NAICS
- Industrial Machinery Manufacturing (3332), Machinery Manufacturing (333)
- SIC
- Special Industry Machinery, Nec (3559), Special Industry Machinery (No Metalworking Machinery) (3550)
- akta.pro primary industry
- End-of-Line Integration & Packaging Line Systems (IMAHAOAN)
Keywords
Where PMT is headquartered
LocationHeadquarters
- HQ city
- Paide
- HQ country
- Estonia
- HQ region
- Europe
Offices2 records
Markets served
PMT business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Contract Manufacturing Services: Full-cycle manufacturing services for industrial machines and metal structures including engineering, production, and assembly. Revenue generated through custom manufacturing contracts for complex metal structures, sub-assemblies, and equipment with electric motors and hydraulic components.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
PMT product offering
Product offeringCore offering
OÜ PMT (Paide Machine Factory) is an Estonian machine engineering and metal engineering enterprise that provides full-cycle manufacturing services for industrial machines and metal structures. From two factories in Paide and Tallinn, the company delivers integrated engineering (3D product design, production planning), manufacturing (laser cutting up to 40mm, CNC bending up to 800 tonnes, MIG/MAG robotic welding, CNC turning/milling, surface treatment), and assembly (hydraulics, motors, bearings, shafts, full system testing) under one roof.
Product overview
PMT (OÜ PMT / Paide Machine Factory) is an Estonian machine engineering and metal engineering enterprise offering full-cycle manufacturing services for industrial machines and metal structures. The company provides integrated engineering, manufacturing, and assembly services from two factories in Estonia, serving demanding industrial sectors including pulp & paper, wood industry, mining, agriculture, energy, defence, construction, road maintenance, and waste treatment. The core offering is PMT Manufacturing Services — a unified service covering 3D product design, production planning, laser cutting, CNC bending, robotic welding, CNC machining, surface treatment, and complex structural assembly with hydraulic and electrical systems. The company also operates Humus by PMT (humus.ee) as a separate venture focused on organic/environmental products.
Differentiator
Problem solved
Functional benefit
Products and services
- PMT Manufacturing Services
Quantifiable outcome
- 83% of production exported to Nordic countries, Central Europe including Germany, and United Kingdom
- +1 more outcomes
Companies that use PMT
Customer profileNamed customers5 records
Segments9 records
Ideal customer profiles1 record
PMT technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
PMT partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Enterprise Estonia (EIS)minorEnterprise Estonia co-exhibited with PMT as shown on company website footer, supporting international visibility and export promotion.
- Humus by PMTminorRelated entity operating under PMT umbrella, referenced as humus.ee
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
PMT competitors and assessment
Company assessmentBroad incumbents
- Konecranes Oyj: Finnish heavy lifting equipment manufacturer with significant fabrication and assembly operations. Comparable Nordic industrial OEM with substantial in-house metal processing capability similar in concept to PMT's service.
- Metso Oyj: Large Finnish industrial equipment manufacturer serving mining, aggregates, and pulp & paper — several of PMT's primary verticals. Broader incumbent, but operates in the same end-markets PMT supplies as a contract manufacturer.
- Sandvik AB: Swedish engineering group with mining and rock processing as core segments, overlapping PMT's mining customer base. Larger incumbent with its own manufacturing but competes for similar industrial OEM contracts.
- Voestalpine AG: Austrian steel and metal engineering conglomerate with significant steel structure and industrial equipment divisions. Comparable as a large-scale European metal engineering incumbent operating across multiple of PMT's verticals.
- Cargotec Oyj: Finnish cargo and load handling equipment manufacturer (MacGregor, Kalmar, Hiab). Comparable Nordic industrial equipment OEM that relies on contract metalwork suppliers and competes for similar end-market customers.
- SSAB AB: Swedish steel manufacturer producing heavy plate and structural steel products. As a steel supplier/upstream-adjacent player, SSAB provides raw material that PMT processes and is a useful benchmark for Nordic steel-based industrial economics.
- Terex Corporation: US-listed heavy equipment manufacturer producing structures and assemblies for construction, mining, and material handling. Comparable in producing complex fabricated metal equipment structures for industrial OEM customers.
Direct peers
- Weland AB: Swedish metal fabrication company producing a range of industrial and commercial metal products. Comparable as a Nordic metal manufacturer serving European customers with processed and assembled metal goods.
- Normek Oy: Finnish contract metalwork and steel structure manufacturer serving Nordic industrial clients with engineering, production, and assembly services. Highly comparable to PMT in scope of full-cycle metal processing for industrial buyers.
Regional players
- Skonto Plan Ltd: Latvian metal structures and steel fabrication company serving Northern European markets. Comparable to PMT as a Baltic-region metal engineering firm targeting Scandinavian and Western European industrial customers.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
PMT social profiles
Digital presencePMT compliance and trust
Trust signalCompliance3 records
PMT financial estimates
Financial estimateRevenue estimate
Valuation estimate
PMT leadership team
Management profileNumber of profiles
Profiles6 records
PMT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PMT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PMT
What does PMT do?
OÜ PMT (Paide Machine Factory) is an Estonian machine engineering and metal engineering enterprise that provides full-cycle manufacturing services for industrial machines and metal structures. From two factories in Paide and Tallinn, the company delivers integrated engineering (3D product design, production planning), manufacturing (laser cutting up to 40mm, CNC bending up to 800 tonnes, MIG/MAG robotic welding, CNC turning/milling, surface treatment), and assembly (hydraulics, motors, bearings, shafts, full system testing) under one roof.
Is PMT a public or private company?
PMT is a private company. It is classified as family owned and is currently operating.
When was PMT founded?
PMT was founded in 1992. It employs 51 to 100 people.
Where is PMT based?
PMT is headquartered in Paide, Estonia, in the Europe region.
How does PMT make money?
One revenue line is on record: contract Manufacturing Services.
Who are PMT's main competitors?
Broad incumbents on record are Konecranes Oyj, Metso Oyj, Sandvik AB, Voestalpine AG, Cargotec Oyj, SSAB AB and Terex Corporation. Direct peers are Weland AB and Normek Oy. Skonto Plan Ltd is listed as a regional player.
Does PMT have an API?
No public API is recorded for PMT.
What industry is PMT in?
PMT's product category is Contract Metal Manufacturing. Its primary akta.pro industry code is IMAHAOAN, End-of-Line Integration & Packaging Line Systems. Its NAICS code is 3332 and its SIC code is 3559.