Tallinna Teede Aktsiaselts

What Tallinna Teede Aktsiaselts does

Tallinna Teede Aktsiaselts (TTAS) is an Estonian road construction and maintenance company headquartered at Betooni 24, 13816 Tallinn, operating exclusively within Estonia. Founded in 1959, the company has maintained the Tallinn city road network for over 65 years. It offers six integrated service lines: plaza and parking lot construction; road and facility construction; road maintenance and supervision; asphalt concrete production and installation; construction material extraction (sand and gravel); and an EAK-accredited materials testing laboratory (accreditation L153). The company's primary clients are government and municipal authorities — Tallinn City Government is a named anchor customer — alongside commercial and industrial customers requiring paved infrastructure such as logistics centers, ports, airports, and stadiums.

TTAS operates its own Benninghoven asphalt plant at the Tallinn headquarters, producing all common asphalt concrete grades per standard EVS 901-3 using limestone and granite aggregates. The on-site EAK-accredited laboratory performs 19 certified tests covering asphalt mixtures, pavements, fill materials, and bituminous binders under EVS-EN ISO/IEC 17025:2017, and is available for external third-party testing orders. The company holds ISO 9001:2015 (quality management) and ISO 14001:2015 (environmental management) certifications issued by Bureau Veritas Eesti AS. The combination of in-house material extraction quarries, asphalt plant, certified lab, and owned equipment fleet enables vertically integrated control over project quality and supply chain — a meaningful differentiator versus sub-contractor-led competitors in the Estonian market.

TTAS generates revenue through project-based contracts won via public tenders and direct negotiations, with services delivered either as main contractor or via company-owned machinery. Payment terms are 21 days from invoice date with a 0.2% per-day late-payment interest charge. The company is a 100% wholly-owned subsidiary of AS Merko Ehitus, a diversified Estonian-listed construction and real estate group operating in Estonia, Latvia, and Lithuania. Distribution is regional and direct, with no consumer-facing channels.

Name

Tallinna Teede Aktsiaselts

Legal name

Tallinna Teede Aktsiaselts

Website

https://ttas.ee

Company type

Private

Founded year

1959

Operating status

Operating

Short description

Tallinna Teede Aktsiaselts is an Estonian road construction and maintenance firm founded in 1959. It runs an in-house asphalt plant, quarries, and an EAK-accredited testing laboratory, serving government, municipal, and industrial clients in Estonia as a wholly-owned Merko Ehitus subsidiary.

Ownership category

akta.pro rank

Product category

Road Construction Services

NAICS

Construction Machinery Manufacturing (333120)

SIC

Construction Machinery & Equip (3531), Services-Testing Laboratories (8734)

akta.pro primary industry

Temporary Traffic Control (TTC) Planning, Design & Engineering (MOT/TCP Plans) (TLAJALAA)

Keywords

• Road construction services
• Asphalt production
• Road maintenance
• Infrastructure construction
• Construction material testing

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure

Revenue model

1. Road and Facility Construction Services: One-time contract-based revenue from construction and reconstruction of roads, highways, airports, ports, logistics centers, parking lots, driveways, stadiums, and green areas across Estonia. Delivered as main contractor or with company-owned machinery.
2. Asphalt Production and Installation: Production and installation of various asphalt concrete mixtures including limestone and granite-based asphalt. Manufacturing occurs at the Benninghoven asphalt plant located at Betooni 24, Tallinn, according to EVS 901-3 standard.
3. Laboratory Testing Services: Accredited testing services for asphalt mixtures, coverings, fill materials, and binders. Services offered to external clients for quality verification and compliance testing.
4. Construction Material Extraction: Extraction and sale of sand and gravel for construction purposes from company-owned quarries.
5. Road Maintenance Services: Ongoing maintenance services including pothole repair, surface dressing, winter maintenance, bridge maintenance, and technical supervision for Tallinn city road network and projects across Estonia.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Tallinna Teede Aktsiaselts (TTAS) is an Estonian road construction and maintenance company that builds and maintains roads and parking lots, produces asphalt using a Benninghoven asphalt plant, extracts construction materials, and operates an EAK-accredited testing laboratory for construction material quality control. The company serves public-sector infrastructure projects and commercial construction clients primarily in Estonia.

Product overview

Tallinna Teede Aktsiaselts (TTAS) is a road construction and maintenance company operating across Estonia. The company operates as a unified service provider offering six interconnected core services: (1) Plaza and parking lot construction, (2) Road and facility construction, (3) Road maintenance and supervision, (4) Asphalt concrete production and installation via its Benninghoven plant, (5) Construction material extraction/mining, and (6) An EAK-accredited testing laboratory (L153). The company has been maintaining Tallinn's road network since 1959 and operates under the Merko Ehitus Group. All services are provided through unified internal operations including the company's own machine fleet, asphalt plant, and certified laboratory for quality control.

Differentiator

Problem solved

Functional benefit

Products and services

• Road Construction
• Parking Lot Construction
• Road Maintenance
• Asphalt Production
• Construction Material Extraction
• Construction Material Testing

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Colas Estonia: Subsidiary of Bouygues' Colas Group, one of the world's largest road construction companies. Operates in Estonia competing for major road infrastructure projects, providing a broader international benchmark for TTAS's road construction capabilities.
• NCC AB: Leading Nordic construction and infrastructure company with road and civil engineering operations. While primarily focused on Sweden, Norway, and Finland, NCC operates in the broader Nordic-Baltic infrastructure space comparable to TTAS's positioning.
• Eurovia (VINCI): VINCI subsidiary and one of Europe's largest road construction and infrastructure maintenance companies. Comparable to TTAS in core road construction activities, though operating at a much larger scale across multiple European markets.
• Strabag AG: Major European construction group with significant road construction operations. Competes with TTAS on larger-scale infrastructure projects in the Baltic region and on cross-border tenders where Estonian projects are bundled with regional work.

Direct peers

• YIT Eesti AS: Finnish-Baltic construction group active in Estonia, providing road construction, paving, and infrastructure services. Competes with TTAS for both public infrastructure tenders and commercial projects in the Estonian market.
• Nordecon AS: Estonian construction group that operates a road construction division alongside building construction. Directly competes with TTAS on Estonian road and infrastructure tenders, with comparable project management and asphalt laying capabilities.
• Verston Eesti OÜ: Estonian road construction and asphalt production company, directly competing with TTAS on road construction tenders and offering comparable asphalt production and paving services across Estonia.
• AS Eesti Teed: Estonian road maintenance company that handles national road upkeep and construction. Directly comparable to TTAS in road maintenance services, winter maintenance, and asphalt work, serving both municipal and state-level clients.
• TREV-2 Grupp: One of Estonia's largest road construction and maintenance companies, directly competing with TTAS for public tenders and road infrastructure projects across Estonia. Both serve municipal and government clients with similar construction, paving, and maintenance capabilities.

Others

• Bureau Veritas Estonia: Testing, inspection, and certification services provider in Estonia — directly comparable to TTAS's accredited laboratory division (L153) and overlapping in construction materials testing and ISO certification services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 Tallinna Teede Aktsiaselts