AS Tariston
AS Tariston is an Estonian infrastructure contractor, wholly owned by Nordecon AS, providing road construction, asphalt production, road maintenance, mining, traffic management, and equipment rental to Estonian government agencies (Transpordiamet, RKIK, RMK), Rail Baltic Estonia, municipalities, and private clients across 11 counties.
- Company typePrivate
- Founded2002
- HeadquartersTallinn, Estonia
- Headcount—
- GTM typeB2B
- OfferingServices
What AS Tariston does
AS Tariston is an Estonian infrastructure construction and maintenance contractor, wholly owned by Nordecon AS (listed on the Tallinn Stock Exchange). The company operates across six interconnected service lines: road and infrastructure construction, asphalt production and installation, year-round road maintenance, mining and aggregate production, traffic management, and construction equipment rental with operators. Tariston serves primarily Estonian public-sector clients — the Estonian Transport Administration (Transpordiamet), the Centre for Defence Investments (RKIK), the State Forest Management Centre (RMK), Rail Baltic Estonia OÜ, and numerous municipal governments — alongside a secondary base of private clients. Revenue is project-based, secured through formal public tenders, with multi-year maintenance contracts providing a recurring anchor.
The company operates a vertically integrated asset base that includes a fleet of over 80 heavy machines, mobile asphalt plants in Tallinn, Põltsamaa, and Hiiumaa, quarries with over 30 environmental permits across 11 Estonian counties, a unique CDE COMBO X70 washing plant, and a soil pump dredger for below-groundwater extraction. Technology and innovation investments include 3D machine control (used since 2013), lignin-based asphalt (first Estonian public-highway test sections in 2024, up to 15% lignin as bitumen replacement, developed with TalTech), MacRebur MR8 recycled-plastic additive, recycled asphalt up to 30% of mix weight, and a drone/AI surveying pilot with AI Clearing for automated progress monitoring. Tariston is ISO 9001:2015 and ISO 14001:2015 certified.
Tariston has built more than 500 road and infrastructure projects over 20+ years of operation, with approximately 160 employees. It operates exclusively in Estonia. Sales are relationship-driven and tender-led, with pricing determined through competitive public procurement and direct negotiation for private and rental engagements.
AS Tariston firmographics
Firmographics- Name
- AS Tariston
- Legal name
- Tariston AS
- Website
- https://tariston.ee
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Short description
- AS Tariston is an Estonian infrastructure contractor, wholly owned by Nordecon AS, providing road construction, asphalt production, road maintenance, mining, traffic management, and equipment rental to Estonian government agencies (Transpordiamet, RKIK, RMK), Rail Baltic Estonia, municipalities, and private clients across 11 counties.
- Ownership category
- akta.pro rank
AS Tariston industry classification
Industry- Product category
- Infrastructure Construction Services
- NAICS
- Asphalt Paving, Roofing, and Saturated Materials Manufacturing (32412), Construction Machinery Manufacturing (333120)
- SIC
- Heavy Construction Other Than Bldg Const - Contractors (1600), Asphalt Paving & Roofing Materials (2950)
- akta.pro primary industry
- Offshore-to-Shore Interface Construction (Landfalls, Shore Crossings, HDD) (IMAFAJAK)
- akta.pro secondary industry
- Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers) (IMAKANAA)
Keywords
Where AS Tariston is headquartered
LocationHeadquarters
- HQ city
- Tallinn
- HQ country
- Estonia
- HQ region
- Europe
Offices8 records
Markets served
AS Tariston business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D
Revenue model
- Road and Infrastructure Construction: General contracting and service delivery for road and infrastructure construction projects across Estonia for both public and private clients. Services include road construction, parking lot and square construction, bridge construction, land improvement works, water construction (including small harbors), and external utility network construction. This is the primary revenue driver.
- Asphalt Production and Installation: Production of asphalt mixtures in mobile asphalt plants located in Tallinn, Põltsamaa, and Hiiumaa (as of 2024). Production follows issued production license certificates for AC, SMA, and PA mixtures, supported by continuous laboratory testing. Asphalt paving services are provided alongside production.
- Road Maintenance Contracts: Year-round maintenance of national roads including winter snow and ice control, mowing, roadside tree felling, gravel road maintenance, pothole and crack repair, street sweeping, dust control, and loading/excavation work. Long-term government contracts (e.g., 5-year Hiiu County contract 2026-2031, Järva area 2020-2025) provide recurring revenue.
- Mining / Aggregate Production: Extraction and supply of construction raw materials (aggregates, sand, fill materials) from company-owned quarries. Holds over 30 environmental permits for mining operations across Estonia, with active quarries in 11 counties. Materials supplied to own construction projects and external partners for road/infrastructure construction, general construction, railway construction, asphalt/concrete production, and road maintenance.
- Construction Equipment Rental and Maintenance: Rental of over 80 machines including road maintenance and road construction special equipment, along with maintenance, repair, and spare parts sales. Includes equipment such as trackhoe excavators (13-41 ton), bulldozers, soil rollers, trailer trucks, and special attachments. Rental terms include minimum 6 hours/day, with 10% surcharge for evenings/nights/weekends/public holidays.
- Traffic Management: Comprehensive traffic management services including preparation of traffic management projects, construction-phase traffic management, and production/installation of stationary traffic control devices. Certified under EVS-EN 12899-1:2007 with CE marking. Services include traffic sign production/installation, road surface marking, reflector installation, safety fence installation, and temporary traffic management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Construction equipment rental — machine + operator |
| Other | Multi-year contract | Hiiu County road maintenance contract (2026-2031) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
AS Tariston product offering
Product offeringCore offering
AS Tariston is an Estonian infrastructure contractor that delivers road construction, highway maintenance, asphalt production, mining, and machinery rental services. Operating as a wholly-owned subsidiary of Nordecon AS, the company provides end-to-end civil engineering and road-building solutions to public and private sector clients across Estonia.
Product overview
AS Tariston operates as a multi-service infrastructure construction company with a portfolio of six interconnected core services: Road and Infrastructure Construction, Asphalt Production and Installation, Road Maintenance, Mining Operations, Traffic Management, and Construction Equipment Rental. The company also offers specialized technology services including 3D machine control systems and innovative materials like lignin-based asphalt. Services are delivered through mobile operations across Estonia with dedicated equipment fleets, laboratory support for asphalt production, and quarry operations spanning 11 counties. The company serves both public sector clients (Estonian Transport Administration, Defence Investments) and private customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Road Construction Design-build of new roads, highways, and related civil engineering infrastructure for government agencies, municipalities, and private developers in Estonia.
- Highway Maintenance Ongoing maintenance of highways and roads including repairs, resurfacing, and seasonal operations for public sector clients.
- Asphalt Production In-house production and supply of asphalt mixes and related bituminous products for internal projects and external customers.
- Mining and Aggregate Production Extraction and supply of aggregates and mineral raw materials used in road construction and other civil engineering works.
- Machinery and Equipment Rental Rental of heavy construction machinery and equipment to contractors, municipalities, and other construction firms.
Quantifiable outcome
- First lignin-based asphalt test sections on a public highway in Estonia — Koeru-Kapu project with up to 15% lignin as bitumen replacement
- +3 more outcomes
Companies that use AS Tariston
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles2 records
AS Tariston technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature7 records
AS Tariston partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- TalTech Road Institute (Tallinn University of Technology)coreDevelopment partnership for sustainable asphalt technologies. TalTech's Road Institute team collaborates with Tariston on lignin-based asphalt development, working on asphalt mixtures with significantly higher lignin content and carbon-neutral formulations. The partnership builds on the 2022–2024 pilot projects establishing Estonia's first lignin-based asphalt test sections on public highways.
- MacRebur (MR8 additive supplier)minorMacRebur MR8 is a special asphalt additive made from recycled plastic waste. Tariston uses MacRebur MR8 to partially replace bitumen in asphalt mixtures, reducing the use of traditional materials and lowering the environmental impact of road construction.
- Fibenol (lignin supplier)minorFibenol supplies lignin — a biopolymer produced during wood refining — used by Tariston as a partial replacement for bitumen in asphalt mixtures. Fibenol lignin has been used by several Estonian asphalt manufacturers, mainly in parking lots and real estate projects. Tariston is the first to apply it on public highways.
- Ernst & Young Baltic AS (EY)coreEY provides independent whistleblower line management services for the Nordecon Group (including Tariston AS), in compliance with Estonia's Whistleblower Protection Act (effective 01.09.2024). All reports submitted through the whistleblower line reach EY, and Nordecon Group companies have no access to report content or whistleblower data. EY checks and analyses reports at least weekly and forwards analysed (anonymised) reports to Nordecon contacts. Reports are retained for at least 3 years.
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
AS Tariston competitors and assessment
Company assessmentBroad incumbents
- Eurovia (Vinci Group): European road construction and infrastructure subsidiary of Vinci; active across the Baltics and competes with Tariston for larger EU-funded infrastructure work, including Rail Baltica-adjacent packages.
- AS Merko Ehitus: Largest listed Estonian general construction group with road and infrastructure as one of several segments; broader and more diversified than Tariston but competes on the same public infrastructure tenders.
- Nordecon AS: Tallinn Stock Exchange-listed parent of Tariston and one of Estonia's largest construction groups (EUR 208M 2025 revenue); provides the broader group comparable while highlighting Tariston's narrower road/infrastructure focus.
Direct peers
- Tartu Teed AS: Tartu-based road construction and asphalt production company competing for South-Estonian road projects and asphalt supply; provides a directly comparable regional peer for Tariston's Põltsamaa-area operations.
- AS Eesti Teed: Estonian road maintenance and construction firm, historically one of the largest state-road maintenance contractors; competes head-to-head with Tariston on Transpordiamet maintenance tenders and offers comparable road-construction services.
- Tallinna Teede AS: Tallinn-focused road construction and municipal maintenance contractor; competes with Tariston for city- and state-level road works in the Harju region and shares the same public-procurement-driven business model.
- KMG Inseneriehituse AS: Estonian infrastructure and road construction contractor active in both road and utility/infrastructure works; competes with Tariston on civil-engineering tenders and shares a similar mid-cap, project-driven profile.
- AS TREV-2 Grupp: Major Estonian road construction and maintenance contractor competing directly with Tariston for state tenders from the Estonian Transport Administration; offers overlapping capabilities in asphalt production, road building, and winter/summer road maintenance.
- ACR Grupp OÜ: Estonian contractor active in road construction, asphalt laying, and infrastructure works; competes with Tariston for similar municipal and state contracts and operates in overlapping geographies.
Regional players
- YIT Eesti AS: Estonian arm of Finnish contractor YIT (formerly Lemminkäinen Eesti); competes with Tariston on road, infrastructure and residential infrastructure tenders as a regional extension of a Nordic incumbent.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
AS Tariston compliance and trust
Trust signalCompliance3 records
AS Tariston financial estimates
Financial estimateRevenue estimate
Valuation estimate
AS Tariston leadership team
Management profileNumber of profiles
AS Tariston funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AS Tariston 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 AS Tariston
What does AS Tariston do?
AS Tariston is an Estonian infrastructure contractor that delivers road construction, highway maintenance, asphalt production, mining, and machinery rental services. Operating as a wholly-owned subsidiary of Nordecon AS, the company provides end-to-end civil engineering and road-building solutions to public and private sector clients across Estonia.
Is AS Tariston a public or private company?
AS Tariston is a private company. It is classified as corporate owned and is currently operating.
When was AS Tariston founded?
AS Tariston was founded in 2002.
Where is AS Tariston based?
AS Tariston is headquartered in Tallinn, Estonia, in the Europe region.
How does AS Tariston make money?
Six revenue lines are on record. Road and Infrastructure Construction is the primary driver. The others are asphalt Production and Installation, road Maintenance Contracts, mining / Aggregate Production, construction Equipment Rental and Maintenance and traffic Management.
Who are AS Tariston's main competitors?
Broad incumbents on record are Eurovia (Vinci Group), AS Merko Ehitus and Nordecon AS. Direct peers are Tartu Teed AS, AS Eesti Teed, Tallinna Teede AS, KMG Inseneriehituse AS, AS TREV-2 Grupp and ACR Grupp OÜ. YIT Eesti AS is listed as a regional player.
Does AS Tariston have an API?
No public API is recorded for AS Tariston.
What industry is AS Tariston in?
AS Tariston's product category is Infrastructure Construction Services. Its primary akta.pro industry code is IMAFAJAK, Offshore-to-Shore Interface Construction (Landfalls, Shore Crossings, HDD), with a secondary code of IMAKANAA, Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers). Its NAICS code is 32412 and its SIC code is 1600.