Pärnu Vesi
AS Pärnu Vesi is a municipally owned Estonian water utility providing regulated drinking water supply, wastewater treatment, accredited laboratory testing, and network services across Pärnu city, Tori municipality, Häädemeeste municipality, and Lavassaarde, serving more than 90,000 residents.
- Company typePrivate
- Founded1996
- HeadquartersPärnu, Estonia
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Pärnu Vesi does
AS Pärnu Vesi is an Estonian municipal water utility (aktsiaselts / public limited company) wholly owned by the Pärnu City Government (Pärnu Linnavalitsus), founded in 1996 and headquartered at Vingi 13, Pärnu. The company is a designated water utility (vee-ettevõtja) mandated to provide drinking water supply and wastewater collection and treatment within statutory service areas that now span Pärnu city, Tori municipality, Häädemeeste municipality, and Lavassaarde. It operates a regulated, geographically defined monopoly with prices approved by the Estonian Competition Authority (Konkurentsiamet), serving more than 90,000 residents and a long tail of business customers across over 400 km of pipeline networks.
The core technology stack centers on conventional municipal water and sewage infrastructure: boreholes and water treatment (e.g., Reiu water treatment plant), the Mõrra/Kaubasadama tee wastewater treatment plant, an extensive pipeline network with remote-readable irrigation meters, and an in-house water chemistry and microbiology laboratory accredited by the Estonian Accreditation Centre since 2001 under ISO/IEC 17025 standards. Supporting service lines include accredited laboratory testing sold to third parties, a tank truck (paakauto) service for sewage extraction and cesspool emptying, network construction and maintenance, irrigation water supply, and fountain maintenance for the City of Pärnu. The company reports no proprietary software platform or digital product beyond a customer web portal (veenait.parnuvesi.ee) for meter reading submissions.
Revenue is generated through volumetric, monthly billing for water and sewage services to residential and business customers — recurring subscription-style revenue governed by regulated tariffs — supplemented by one-time connection fees (free for eligible properties in development areas, paid for individual connections), and fee-based services (laboratory, tank truck, network). Total sales revenue reached €8.495 million in fiscal 2025 (Pärnu city €6.92M, Tori municipality €1.55M, outside service area €26K), up from €5.45M in 2021, with the step-up primarily attributable to the Tori municipality service-area expansion. The company employs 51–100 staff and continues to grow through municipal consolidation, as demonstrated by the 2019 Lavassaare Kommunaal takeover, the 2022 Jõemänniku system acquisition, and the 2025 Tori integration.
Pärnu Vesi firmographics
Firmographics- Name
- Pärnu Vesi
- Legal name
- AS Pärnu Vesi
- Website
- https://parnuvesi.ee
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- AS Pärnu Vesi is a municipally owned Estonian water utility providing regulated drinking water supply, wastewater treatment, accredited laboratory testing, and network services across Pärnu city, Tori municipality, Häädemeeste municipality, and Lavassaarde, serving more than 90,000 residents.
- Ownership category
- akta.pro rank
Pärnu Vesi industry classification
Industry- Product category
- Municipal Water and Wastewater Services
- NAICS
- Water, Sewage and Other Systems (2213), Sewage Treatment Facilities (22132), Water Supply and Irrigation Systems (221310)
- SIC
- Water Supply (4941), Sanitary Services (4950), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
- akta.pro primary industry
- Softening & Demineralization (Lime Softening, Ion Exchange) (EUANABAE)
- akta.pro secondary industry
- Non‑Potable Reuse Utilities (Irrigation, Industrial, Cooling) (EUANAGAA)
Keywords
Where Pärnu Vesi is headquartered
LocationHeadquarters
- HQ city
- Pärnu
- HQ country
- Estonia
- HQ region
- Europe
Offices2 records
Markets served
Pärnu Vesi business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others
Revenue model
- Water Supply and Sewage Services: Core revenue stream from providing drinking water supply and wastewater collection/treatment services to residential and business customers within designated service areas (Pärnu city, Tori municipality, Häädemeeste municipality). Revenue is generated through volumetric billing for water consumed and sewage discharged. Pricing is regulated by the Competition Authority (Konkurentsiamet). The company also earns revenue from services outside its designated service area.
- Fee-based Additional Services: Revenue from fee-based services including laboratory testing (water quality analysis), tank truck services (sewage extraction, cesspool emptying), network services (pipeline maintenance, pressure washing), and irrigation water supply. These services are priced according to published fee schedules for free-market (vabaturu) services.
- Connection Fees: Connection fees for new customers joining the shared water and sewage network. Standard connections are free for eligible properties within development areas; paid connections apply for individual paid connections outside development areas.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard water and sewage service connection within designated service area |
| Usage-based | Monthly | Irrigation water supply |
| Other | Pay-as-you-go | Laboratory testing services |
| Unit Pricing | Pay-as-you-go | Tank truck services |
| Other | Pay-as-you-go | Network and construction services |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Pärnu Vesi product offering
Product offeringCore offering
AS Pärnu Vesi is a designated municipal water utility that supplies drinking water and collects and treats wastewater for residential and commercial customers across Pärnu city and surrounding municipalities (Tori, Häädemeeste, Lavassaarde). It also offers ancillary services including accredited water quality laboratory testing, tanker truck sewage extraction, network construction and maintenance, irrigation water supply, and public fountain maintenance, all delivered through company-owned pipeline infrastructure and physical service points.
Product overview
AS Pärnu Vesi is a water utility company providing integrated water and wastewater services. The core offering consists of drinking water supply and sewage drainage and treatment services to residential and commercial customers across Pärnu city, Audru, Paikuse, and Tori municipalities. Supporting services include accredited laboratory testing (water chemistry and microbiology), tanker truck services, network infrastructure construction and maintenance, irrigation water supply, and public fountain maintenance. The company operates water treatment facilities including Reiu water treatment plant, wastewater treatment at Kaubasadama tee, and maintains an extensive pipe network infrastructure.
Differentiator
Problem solved
Functional benefit
Products and services
- Drinking Water Supply (Joogivee varustamine)
Companies that use Pärnu Vesi
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Pärnu Vesi technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Pärnu Vesi partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Lavassaarde (service area expansion)minorOn May 1, 2019, AS Pärnu Vesi assumed responsibility for water supply and sewage services in Lavassaarde from OÜ Lavassaare Kommunaal, following a decision by Pärnu City Council to terminate the previous operator's activities. The transition included installation of water meters for all customers.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Pärnu Vesi competitors and assessment
Company assessmentDirect peers
- Tartu Veevärk AS: Water utility serving Tartu, Estonia's second-largest city. Operates under identical Estonian regulatory framework with similar municipal ownership structure (Tartu City Government), drinking water production, and wastewater treatment operations—directly comparable to Pärnu Vesi's business profile.
- Saue Vesi AS: Water utility serving Saue municipality in Harju County, Estonia. Similar scale and municipal-utility business model to Pärnu Vesi, providing drinking water supply and wastewater services in a designated service area.
- AS Tallinna Vesi: The largest Estonian water utility, publicly listed on Tallinn Stock Exchange. Provides drinking water and wastewater services to Tallinn and surrounding areas under a similar regulated utility model, making it the most direct peer to Pärnu Vesi in terms of business model, regulatory environment, and service offerings.
- Saku Maja AS: Estonian water and wastewater utility serving Saku municipality near Tallinn. Comparable as a smaller municipal water operator within Estonia with similar service offerings (water supply, sewage treatment, network services) and regulatory environment.
Regional players
- HSY (Helsinki Region Environmental Services): Municipal water and wastewater utility owned by Helsinki metropolitan area municipalities in Finland. Operates drinking water production and wastewater treatment at similar scale to Pärnu Vesi but serves a larger region across Finland, making it a comparable Nordic municipal utility reference point.
Broad incumbents
- United Utilities Group plc: Largest listed water company in the UK, serving the North West of England. While much larger in scale, it operates under Ofwat's regulated utility framework with comparable asset-intensive infrastructure business model, providing a benchmark for mature water utility valuation.
- Pennon Group plc: UK-based water and wastewater group (parent of South West Water). While significantly larger and publicly traded, Pennon operates under a regulated utility model with similar revenue mix (regulated water/wastewater services), offering a benchmark for valuation multiples in the water utility sector.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Pärnu Vesi social profiles
Digital presencePärnu Vesi compliance and trust
Trust signalCompliance1 record
Pärnu Vesi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pärnu Vesi leadership team
Management profileNumber of profiles
Profiles3 records
Pärnu Vesi funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pärnu Vesi 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 Pärnu Vesi
What does Pärnu Vesi do?
AS Pärnu Vesi is a designated municipal water utility that supplies drinking water and collects and treats wastewater for residential and commercial customers across Pärnu city and surrounding municipalities (Tori, Häädemeeste, Lavassaarde). It also offers ancillary services including accredited water quality laboratory testing, tanker truck sewage extraction, network construction and maintenance, irrigation water supply, and public fountain maintenance, all delivered through company-owned pipeline infrastructure and physical service points.
Is Pärnu Vesi a public or private company?
Pärnu Vesi is a private company. It is classified as state government owned and is currently operating.
When was Pärnu Vesi founded?
Pärnu Vesi was founded in 1996. It employs 51 to 100 people.
Where is Pärnu Vesi based?
Pärnu Vesi is headquartered in Pärnu, Estonia, in the Europe region.
How does Pärnu Vesi make money?
Three revenue lines are on record. Water Supply and Sewage Services are the primary driver. The others are fee-based Additional Services and connection Fees.
Who are Pärnu Vesi's main competitors?
Direct peers on record are Tartu Veevärk AS, Saue Vesi AS, AS Tallinna Vesi and Saku Maja AS. HSY (Helsinki Region Environmental Services) is listed as a regional player. Broad incumbents are United Utilities Group plc and Pennon Group plc.
Does Pärnu Vesi have an API?
No public API is recorded for Pärnu Vesi.
What industry is Pärnu Vesi in?
Pärnu Vesi's product category is Municipal Water and Wastewater Services. Its primary akta.pro industry code is EUANABAE, Softening & Demineralization (Lime Softening, Ion Exchange), with a secondary code of EUANAGAA, Non‑Potable Reuse Utilities (Irrigation, Industrial, Cooling). Its NAICS code is 2213 and its SIC code is 4941.