Eventus Ehitus

What Eventus Ehitus does

Eventus Ehitus OÜ is a privately held Estonian general construction contractor founded in 2005 and headquartered at Pärnu mnt. 141, Tallinn. The company delivers turnkey building projects under the general contracting method and integrates in-house design services with construction execution, enabling rapid adaptation to client changes during the build phase. Its core products are general contracting and project management, integrated design services, real estate sales and rent (including built-to-suit solutions with long-term rental alternatives), and co-development partnerships in which Eventus participates as a development partner sharing risk and reward with clients.

Eventus serves Estonian commercial property developers, healthcare facility operators, logistics and industrial companies, sports facility operators, educational and public-sector clients, and entertainment operators. Visible enterprise customers include Restate Property Developers, Scandium Kinnisvara, Maxima XX, Delice, Synlab, Omniva, Solina Estonia, Lottemaa, Apollo Cinema, Padel+, and Smarten Logistics. Notable ongoing or recent projects include the Viimsi Kaubanduskeskus expansion (12,500 m2), Tammsaare Tervisemaja health center, the 10,000 m2 A-energy-class Ringtee Äripark warehouse, the Luige quarter sports complex (Padel+ and Beach44), Saue Riigigümnaasium, and the Pärnu Rannastaadion.

The business model is project-based: revenue is generated from one-time construction contracts and professional services fees for design and co-development engagements, with bespoke pricing per project (no public rate card). Distribution is direct-to-client across a single domestic geography (Estonia), leveraging long-term developer relationships and a project portfolio showcased through the company website. The firm holds ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015 certifications, operates with 11–50 employees under a traditional founder/management ownership structure led by CEO Lauri Kaska, and has no disclosed external institutional investment or parent company.

Name

Eventus Ehitus

Legal name

Eventus Ehitus OÜ

Website

https://eventus.ee

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Eventus Ehitus is an Estonian general construction contractor founded in 2005 that delivers turnkey commercial, healthcare, logistics, sports, and public-sector building projects through integrated design-build services and co-development partnerships for property developers and enterprises in Estonia.

Ownership category

akta.pro rank

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, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. General Contracting and Project Management: Core revenue stream from construction of various types of buildings and structures using the general contracting method. Coordinates complete building delivery and represents client interests in all aspects.
2. Design Services: Integrated design and construction services where design goes hand-in-hand with construction, enabling quick reaction to changes and client requirements.
3. Real Estate Sales and Rent: Built-to-suit property solutions including finding suitable locations and offering long-term rental alternatives for clients who have not yet found a property.
4. Co-development Partnerships: Joint development projects where Eventus participates as a development partner rather than just a contractor, sharing risks and rewards with clients.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Eventus Ehitus is a Tallinn, Estonia-based general construction contractor that delivers integrated design-build services combining in-house architectural design with construction execution. The company provides general contracting, construction project management, and real estate co-development for commercial buildings, healthcare facilities, educational institutions, and sports venues. Its delivery model offers clients a single point of accountability from project conception through completion.

Product overview

Eventus Ehitus is a general construction company offering a unified suite of services centered around general contracting and project management. The core offering is the construction of various types of buildings and structures using the general contracting method. Design services are integrated with construction operations, running hand-in-hand to enable responsive project management. Additional services include real estate sales and rent (offering built-to-suit solutions) and co-development partnerships. The company has operated since 2005, serving clients across commercial, industrial, healthcare, sports, and residential building projects in Estonia.

Differentiator

Problem solved

Functional benefit

Brands

• Eventus Padel: Padel center named as title sponsor, located in Luige Center. Four top-level padel courts opened in autumn 2025.

Products and services

• General Construction Contracting Full-service general contracting for new builds and renovations across commercial, healthcare, educational, and sports facility projects, covering site management, trade coordination, and on-site execution.
• Architectural and Engineering Design Services
• Construction Project Management
• Real Estate Co-development

Quantifiable outcome

• A-energy class certification for Ringtee Äripark warehouse and industrial building (10,000 m2)
• +1 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Scandium KinnisvaracoreStrategic or Co-development Partner · 12 September 2025Client for Tammsaare Tervisemaja health center construction project next to Mustamäe Center. Eventus building the health center which will house Synlab, 6 family doctor centers, 2 dental clinics, and other medical service providers starting 2027.
• Padel+coreStrategic or Co-development Partner · 29 August 2025Sports center development partnership. Eventus built the Padel+ padel center in Luige, which opened in September 2025. Eventus serves as title sponsor with the facility named 'Eventus Padel'. Four top-level padel courts. Additional padel center projects at Järveküla and Peterburi tee 103.
• Restate Property DeveloperscoreStrategic or Co-development Partner · 6 January 2025Ongoing development partnership for multiple projects. Restate is the developer for Luige quarter, Ringtee Äripark, and various other commercial projects. Eventus serves as general contractor and development partner. Multiple projects ongoing including padel centers, stock-office buildings, and commercial developments.
• Beach44minorStrategic or Co-development Partner · 6 January 2025Beach volleyball and tennis hall development in Luige Sports Hall (Luige Spordimaja). Construction completed autumn 2025 as part of the Luige quarter development alongside Padel+ center.
• Eva Liisa Kuivonen and Liisa-Lotta JürgensonminorGTM or Marketing Partner · 1 January 2024Sponsorship of 2024 Estonian women's beach volleyball champions Eva Liisa Kuivonen and Liisa-Lotta Jürgenson. Part of Eventus sports sponsorship portfolio supporting Estonian sports.
• TalTech (Tallinn University of Technology)coreGTM or Marketing Partner · 1 January 2017Long-term partnership since 2017 including basketball team sponsorship (TalTech basketball team), scholarship program for engineering students (twice yearly), and general support for engineering education in Estonia.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Merko Ehitus: Estonia's largest publicly listed general construction and real estate developer, active in commercial, residential, and infrastructure projects. Direct competitor for the same developer clients (e.g., Restate, Scandium) and public procurement tenders across Estonia.
• Nordecon: Estonian-listed general contractor covering buildings and infrastructure with similar commercial, industrial, and public-sector exposure. Competes head-to-head on Estonian commercial and institutional tenders.
• Mapri Ehitus: Mid-sized Estonian general contractor active in commercial buildings, industrial facilities, and residential construction. Comparable project sizes and target customer base (Estonian developers and enterprises).
• Fund Ehitus: Estonian general construction contractor with a comparable mix of commercial, residential, and industrial projects. Overlaps with Eventus in design-build and project management services for Estonian developers.
• YIT Eesti: Estonian arm of Finnish construction group YIT, focused on residential and commercial development plus contracting. Competes for similar commercial construction tenders and developer partnerships in Estonia.
• Astlanda Ehitus: Estonian construction firm specializing in commercial and residential builds with design-build capabilities. Overlaps with Eventus on integrated design and contractor services for Estonian property developers.

Regional players

• Kaamos Group: Estonian real estate developer and construction group active in commercial and logistics property. Acts as both competitor (own construction arm) and potential partner/developer counterpart for Eventus-style design-build work.

Broad incumbents

• Bonava: Nordic-listed residential developer with Estonian operations. Less direct overlap on commercial contracting but competes for developer talent, subcontractor capacity, and large project pipelines in the Baltics.
• NCC: Major Nordic construction and real estate developer with operations across the Baltics including Estonia. Competes for larger infrastructure and commercial tenders but operates at significantly greater scale.
• Skanska: Global construction and development firm with Nordic and Baltic exposure. Serves as a high-end incumbent benchmark for ESG-certified, large-scale commercial builds in the region.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Eventus Ehitus