Nordnet OÜ

What Nordnet OÜ does

Nordnet OÜ is an Estonian privately held cold chain logistics provider headquartered at Betooni 1b, Tallinn, founded in 2011 and operating with 51–100 employees. The company self-positions as Estonia's largest cold chain logistics operator and offers an integrated stack of services: temperature-controlled warehousing at -18°C and 0 to +6°C, Estonia-wide and international refrigerated transport, customs brokerage including frozen customs warehousing, and value-added logistics services such as picking, cross-docking, labelling, and taara (pallet) management. Its underlying technology centers on narrow-aisle high rack storage (the only such deployment among Estonian freezer warehouses), military-grade Toughbook computers for picking at -20°C, barcode-based pallet inventory with unique IDs, and a web-based self-service client portal (net.nordnet.ee) available in Estonian, English, Russian, and Lithuanian.

The business model is primarily B2B and sales-led, with services priced via custom negotiated contracts and billed monthly; transport pricing incorporates a fuel surcharge indexed to Olerex AS wholesale prices. Revenue streams combine recurring warehouse storage (active and passive slots), per-trip transport fees, customs and consulting fees, and professional services billed hourly for non-standard work. Go-to-market relies on direct enterprise sales, the multilingual website, the client portal, and integrations with Edisoft (EDI) and Avadoc (electronic document archiving), governed under ELEA standard terms. Customers span food manufacturing, meat processing, bakery, and food service — including long-tenured relationships with Maag Eesti AS, Mest Food OÜ, Mantinga Eesti OÜ, HK Scan Estonia AS, and Pizzakiosk OÜ — supported by 96% minimum delivery reliability and a 0.50% maximum picking error rate committed in standard contracts.

Name

Nordnet OÜ

Legal name

Nordnet OÜ

Website

https://nordnet.ee

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Nordnet OÜ is an Estonian privately held cold chain logistics provider offering temperature-controlled warehousing (-18°C and chilled), refrigerated transport across Estonia and internationally, customs brokerage, and logistics consulting to food manufacturers, processors, and food-service operators.

Ownership category

akta.pro rank

Product category

Cold Chain Logistics

NAICS

Refrigerated Warehousing and Storage (493120), Refrigerated Warehousing and Storage (49312)

SIC

Public Warehousing & Storage (4220), Arrangement Of Transportation Of Freight & Cargo (4731), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

Public / Multi-Client Frozen Storage (3PL Cold Storage) (TLALACAJ)

akta.pro secondary industries

Frozen Goods Transport (Deep-Frozen) (TLADAHAF), Temperature-Controlled Cross-Dock / Blast Freezing & Tempering Facilities (TLALACAI), Frozen Food Cold Storage (TLALABAB)

Keywords

• Cold chain logistics
• Frozen warehousing
• Refrigerated transport
• Customs brokerage
• Logistics consulting

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Warehouse/Storage Services: Charges for storage of frozen goods (deep freezer at -18°C) and chilled goods (0…+6°C) in narrow-aisle rack facilities. Storage is priced based on active slots and passive slots. Active slots are billed per the price list until the customer notifies closure.
2. Transport/Delivery Services: Fees for distributive deliveries across Estonia (daily to major cities, 2-3x/week to smaller towns), international transport, courier/on-demand deliveries, and delivery management. Transport prices are adjusted monthly based on a fuel surcharge coefficient tied to Olerex AS wholesale prices.
3. Value-Added Logistics Services: Fees for goods reception (with quality checking), picking/fulfilment, cross-docking, terminal services, labelling, and taara management. Services outside a price quote are charged on an hourly basis.
4. Customs Services: Customs brokerage and frozen customs warehouse services for international transport clients. Allows clients to defer or better distribute customs duty payments.
5. Logistics Consulting: Advisory services covering logistics optimization, supply chain analysis, and business software deployment. Aims to identify bottlenecks and cost-saving opportunities in clients' logistics operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Nordnet OÜ provides integrated cold chain logistics services for Estonian and international B2B clients, including frozen warehousing (-18°C), chilled storage (0…+6°C), refrigerated transport across Estonia and abroad, customs brokerage, and logistics consulting. Services are delivered through narrow-aisle high rack freezer warehouses, a barcode-tracked inventory system, military-grade Toughbook mobile computers, and an online multi-language client portal with EDI integration.

Product overview

Nordnet OÜ operates as a unified cold chain logistics platform offering integrated warehouse services (storage, picking, cross-docking, terminal services, labelling), transport services (domestic distribution, international transport, courier deliveries), and customs services. The core offering is supplemented by consulting services including logistics consultation, supply chain analysis, and business software deployment. The company maintains a client portal (Kliendiportaal/net.nordnet.ee) as the primary customer-facing digital interface for order management and tracking. Services utilize narrow-aisle rack technology in freezer warehouses (-18°C) and refrigeration facilities (0…+6°C), with barcode-based tracking systems and Toughbook mobile computers for warehouse operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Warehouse Services (Laoteenused) Cold chain warehouse services including goods reception with quality control, storage in freezer facilities at -18°C and refrigeration at 0…+6°C, picking/packing, cross-docking, terminal services for international transit, and labelling/marking, with unique pallet ID assignment and barcode-based tracking for full traceability.
• Transport Services (Transporditeenused) Cold chain transport covering distributive deliveries across Estonia (daily to major cities, 2-3x weekly to smaller towns), software-optimized delivery routing, international transport between Estonia and foreign countries, and flexible courier/on-demand deliveries outside scheduled routes.
• Customs Services (Tolliteenused) Customs clearance assistance including customs warehouse services for frozen goods, paperwork handling, and facilitation of international cold chain logistics through Estonia, allowing clients to defer or better distribute customs duty payments.
• Logistics Consultation (Logistika konsultatsioon) Advisory service to identify logistics bottlenecks and optimize supply chain costs, including analysis of transport timing, routing efficiency, and process improvements.
• Supply Chain Analysis (Tarneahela analüüs) Detailed breakdown and analysis of supply chain operations to achieve greater efficiency and reduce company costs, with recommendations for digitization including electronic ordering.
• Business Software Deployment (Majandustarkvara juurutamine) Implementation support for business software systems, including format compatibility with various well-known software titles, to streamline daily operations and eliminate duplicate data entry.
• Client Portal (Kliendiportaal) Web-based customer self-service portal (net.nordnet.ee) for order management, delivery scheduling, inventory monitoring, acceptance requests, taara (pallet) balance tracking, and electronic document handling with Avadoc cloud archive integration, available in Estonian, English, Russian, and Lithuanian.

Quantifiable outcome

• 2.3 million completed deliveries
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered supporting and minor.

• EdisoftsupportingTechnology or IntegrationEdisoft is referenced as an alternative electronic data communication channel alongside Nordnet's own portal (net.nordnet.ee). Clients can submit detailed arrival notifications, acceptance requests, and terminal service orders through Edisoft or the Nordnet portal. This integration facilitates EDI-based order and shipment management for clients using Edisoft-connected ERP systems.
• Olerex ASminorOthersNordnet's transport prices are adjusted monthly according to a fuel surcharge coefficient calculated based on Olerex AS wholesale fuel prices. This is an operational reference used for dynamic pricing rather than a formal partnership, but it represents a consistent commercial reference point affecting Nordnet's pricing to clients.
• AvadocsupportingTechnology or IntegrationAvadoc provides cloud-based document archiving for electronic signatures and document management. Nordnet uses Avadoc for preferred electronic confirmation of goods handover, with signed documents archived in Avadoc's cloud archive. This replaces paper documentation where possible.
• ELEA (Estonian Logistics and Freight Forwarding Association)minorOthersELEA is the governing standards body for Estonian logistics. Nordnet's general terms reference ELEA General Conditions for Storage, ELEA General Conditions for Road Freight Transport, and ELEA General Conditions for Freight Forwarding as the governing standards when not otherwise agreed in contracts.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HAVI Logistics: Cold-chain logistics provider specializing in food service, QSR, and retail supply chains across Europe. Comparable to Nordnet in end markets (food/QSR), service mix (storage + transport), and reliance on long-term enterprise contracts.
• Lineage Logistics: Global cold-storage 3PL with one of the largest frozen and refrigerated warehouse footprints in the world. Comparable to Nordnet as a multi-client cold storage provider serving food producers, retailers, and distributors.
• Nagel-Group: European food logistics specialist providing temperature-controlled warehousing and distribution across the continent. Directly comparable as a European-focused cold chain 3PL serving food manufacturers and retailers.
• Americold: Public cold-storage REIT operating temperature-controlled warehouses globally for food and beverage customers. Comparable as a public/multi-client 3PL cold storage provider with similar service offerings (storage, handling, distribution support).
• NewCold: European automated cold-storage 3PL operating large, highly mechanized frozen warehouses for food manufacturers and retailers. Directly comparable to Nordnet as a multi-client public frozen storage operator focused on the food supply chain.

Broad incumbents

• DSV: Danish-headquartered global transport and logistics provider with growing cold-chain capability, particularly across the Nordics and Baltics. Comparable as a broader logistics incumbent with cold-chain services that overlap Nordnet's customer base in Northern Europe.
• Kuehne+Nagel: One of the world's largest freight forwarders with a dedicated cold-chain vertical (KN Cold Chain Logistics). Comparable as a broad incumbent offering temperature-controlled transport and storage within a much wider logistics portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 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 Nordnet OÜ