Aktsiaselts MALMERK

What Aktsiaselts MALMERK does

Aktsiaselts MALMERK is an Estonian privately held public limited company founded in 1990 that serves as the parent of Malmerk Group, a construction materials manufacturer and installer operating exclusively in the Estonian domestic market. The group is structured around three wholly-owned subsidiaries: AS Malmerk Fassaadid, which has manufactured and installed aluminum construction doors, windows and glass facades since 1991; AS Pal-Klaas, which produces tempered, silk-printed and PVB laminated safety glass meeting international standards; and OÜ Malmerk Klaasium, formed in February 2013 to specialize in balcony and terrace glazing systems, railings, glass roof constructions and winter gardens. The parent entity itself handles group administration and real estate development.

Revenue is generated through two primary streams: one-time product sales of building constructions, facade coverings and opening filling modules, and professional installation services delivered by the subsidiaries directly to construction companies, developers and property owners via a B2B enterprise field sales motion. Pricing is project-based and not publicly disclosed. Distribution is entirely domestic and direct, with no third-party channel or geographic reach beyond Estonia. The group has held a high A-group credit rating from Creditinfo for 15 consecutive years (reaching AAA in 2015), placing it in the top 0.5% of Estonian companies by financial credibility, and is a member of the Estonian Chamber of Commerce and Industry and the Association of Construction Material Producers. Reported group turnover was €16.52M in 2019 against a headcount of approximately 139.

Name

Aktsiaselts MALMERK

Legal name

Aktsiaselts MALMERK

Website

https://malmerk.ee

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

51–100 employees

Short description

Aktsiaselts MALMERK is the Estonian parent of Malmerk Group, founded in 1990, operating three wholly-owned subsidiaries that manufacture and install aluminum facades, safety glass, and balcony/terrace glazing systems for Estonian construction companies, developers and property owners.

Ownership category

akta.pro rank

Product category

Building Construction Materials

NAICS

Glass and Glazing Contractors (238150), Glass and Glazing Contractors (23815)

SIC

Metal Doors, Sash, Frames, Moldings & Trim (3442)

akta.pro primary industry

Interior Glazing & Glass Partitions (IMAFANAK)

akta.pro secondary industries

Fire-Rated Glass & Glazing Assemblies (IMADAHAH), Glass & Glazing Repair (Single-pane, Insulated Glass Unit replacement) (HSAGAEAD)

Keywords

• Aluminum construction products
• Glass facade manufacturing
• Safety glass production
• Balcony glazing systems
• Building construction materials

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Building Construction Products: Manufacturing and marketing of building constructions, facade coverings, various opening filling modules and their accessories. Revenue generated from product sales and installation services.
2. Installation Services: Installation of aluminum construction doors, windows, glass facades, balcony systems, and related products by subsidiary companies
3. Property Management and Real Estate Development: AS Malmerk handles administration and real estate development as the parent company holding function

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Aktsiaselts MALMERK is the parent company of the Malmerk Group, an Estonian construction materials conglomerate that manufactures and installs aluminum construction doors, windows, glass facades, safety glass (tempered, silk-printed, PVB laminated), and balcony and terrace glazing systems. Production and installation are carried out by three wholly-owned subsidiaries (AS Malmerk Fassaadid, AS Pal-Klaas, and OÜ Malmerk Klaasium), while the parent entity handles group administration and real estate development.

Product overview

Malmerk Group operates as a construction conglomerate comprising a parent company (AS Malmerk) focused on administration and real estate development, along with three wholly-owned subsidiaries specializing in different areas. AS Malmerk Fassaadid handles aluminum construction doors, windows, and glass facades since 1991. AS Pal-Klaas produces tempered, silk-printed, and PVB laminated safety glass meeting international standards. OÜ Malmerk Klaasium specializes in balcony and terrace glazing systems, railings, glass roofs, and winter gardens. The group was founded in 1990 when aluminum profile door and window production began, and has since expanded into these complementary construction segments.

Differentiator

Problem solved

Functional benefit

Products and services

• Aluminum Construction Doors and Windows
• Glass Facades
• Safety Glass Products
• Balcony and Terrace Glazing Systems
• Building Construction Products and Accessories
• Installation and Project Services

Quantifiable outcome

• 15 consecutive years of A-group credit rating from Creditinfo Estonia
• +1 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Carawan Toitlustus OÜminorOthers · 16 September 2013Catering service provider operating the company cafeteria at Valdeku. Provides meals from 9:00-15:00 on weekdays.
• Estonian Chamber of Commerce and Industry (Eesti Kaubandus-Tööstuskoda)coreOthersAS Malmerk is a member of the Estonian Chamber of Commerce and Industry, providing industry representation and networking benefits.
• Association of Construction Material Producers in Estonia (Eesti Ehitusmaterjalide Tootjate Liit)coreOthersAS Malmerk is a member of the Association of Construction Material Producers in Estonia, representing the company's position in the construction materials industry.
• Creditinfo Eesti ASminorOthersCredit rating agency that provides annual credit assessments. Has recognized MALMERK with multiple 'Successful Estonian Company' awards for maintaining high credit ratings.
• ExperianminorOthersInternational credit rating partner working with Krediidiinfo to assess Estonian company creditworthiness. MALMERK's ratings are internationally recognized through Experian's network.

Scale indicators6 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Schüco International: Schüco designs and sells aluminum and steel window, door and façade systems globally — competing head-to-head with AS Malmerk Fassaadid in aluminum façade and window specification projects.
• Profine GmbH: Profine manufactures premium window and door profile systems (KBE, KÖMMERLING, TROCAL brands) — overlapping with Malmerk's window/door manufacturing business across European markets.
• Ponzio S.A. Ponzio produces aluminum profile systems for windows, doors and façades across Europe — directly comparable to Malmerk's aluminum construction manufacturing capability.
• Reynaers Group: Reynaers is a leading European manufacturer of aluminum windows, doors, curtain walls and sliding systems for residential and commercial buildings — directly overlapping with Malmerk's aluminum doors/windows and glass façade product lines.
• Aluprof S.A. Aluprof is one of the largest European manufacturers of aluminum window/door systems and façade solutions, serving construction markets — comparable product breadth to Malmerk's aluminum system and façade portfolio.

Broad incumbents

• Guardian Glass: Guardian manufactures float, coated, laminated and tempered architectural glass used in commercial façades and windows — supplying the same B2B construction ecosystem that AS Pal-Klaas serves.
• AGC Glass Europe: AGC is one of Europe's largest flat-glass producers supplying architectural and safety glass — comparable at the material-supply tier to AS Pal-Klaas' tempered and laminated safety-glass production.
• Saint-Gobain: Saint-Gobain is a global manufacturer of building materials including flat glass, façades and insulation — a broad incumbent whose glass products overlap with AS Pal-Klaas' safety glass output and whose façade activities compete with Malmerk's offerings.

Regional players

• Nordecon: Nordecon is a major Estonian general construction contractor active in buildings and infrastructure — a regional B2B buyer of glazing and façade systems comparable to Malmerk's core construction-customer base.
• Merko Ehitus: Merko is a leading Estonian construction and real-estate developer that purchases façade, window and glazing systems for its projects — a key domestic B2B customer-competitor analogue for Malmerk's Estonian market positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/malmerk

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Aktsiaselts MALMERK