Market announcement

AS TALLINNA SADAM

LEI code

25490093MDYISEP1Y539

Size of the entity

Large group

Economic activities

Electricity, Gas, Steam and Air Conditioning Supply, Transportation and Storage

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

7356

Submission date and time

13.06.2019 09:00:00

Content of announcement in Estonian

Title

AS Tallinna Sadam ja PK Terminal OÜ sõlmisid lepingud puist- ja segalasti terminali rajamiseks Muuga sadamasse

Message

AS Tallinna Sadam (edaspidi ?Tallinna Sadam") ja PK Terminal OÜ (edaspidi ?PK
Terminal") sõlmisid 12. juunil 2019. a koostöölepingu ja hoonestusõiguse lepingu
puist- ja segalasti terminali rajamiseks Muuga sadamasse, mis tegeleb ümarpuidu,
puidugraanuli, metallitoodete ja killustiku käitlemise ja ladustamisega.

Lepingutega  võeti üle endise  teraspleki galavaniseerimistehase kasutuses olnud
kahe  kai ja  nende tagalaala  kasutusõigused ning  lisaks ka Koorma 2 kinnistu.
Rajatava  puist- ja segalasti terminali  kogupindala on 4,4 ha. Lepingud sõlmiti
tähtajaga 20 aastat, millele lisandub pikendamise võimalus 15 aastat.

Terminali  planeeritud võimsus on  kuni 500 000 tonni aastas,  milleni  on kavas
jõuda  kolme järgneva  aasta jooksul.  Tallinna Sadamale  tähendab uue terminali
rajamine   täiendavat   tulu   lisanduvate   laevakülastuste   pealt  makstavate
sadamatasude ning kauba- ja maa kasutuse tasude näol. Hinnanguline tulu sõlmitud
lepingutest on kokku 14,6 mln eurot 20 aasta jooksul.

PK  Terminal  kuulub  Rootsis  ja  Balti  riikides  tegutsevasse Palgardi Kraana
Gruppi,  mille  peamisteks  tegevusaladeks  on  laadimis-  ja  lossimistööd ning
materjalide  transport sadamates,  ladudes ja  terminalides. Varem Kunda sadamas
puistlasti  laoteenuste ja transpordiga tegelenud  PK Terminal toob Muuga sadama
terminali  kaasaegse  tehnoloogia  ja  superstruktuuri,  investeerides terminali
arendusse   üle   5 mln   euro,   võttes   seejuures   kasutusse  uue  kaasaegse
laadimistehnika.

Tallinna  Sadamale  kuulub  üks  Läänemere  suurimaid  kauba-  ja  reisisadamate
komplekse,  mida  läbis  2018. a  10,6 miljonit  reisijat ja 20,6 miljonit tonni
kaupa.   Lisaks   reisijate  ja  kaubavedude  teenindamisele  tegutseb  ettevõte
laevanduse  ärivaldkonnas  läbi  oma  tütarettevõtete  -  OÜ TS Laevad korraldab
parvlaevaühendust  Eesti mandri ja  suursaarte vahel ning  OÜ TS Shipping osutab
multifunktsionaalse jäämurdjaga Botnica jäämurde ja konstruktsioonilaeva teenust
Eestis   ja   offshore   projektides.   Tallinna   Sadama   gruppi   kuulub   ka
jäätmekäitlusega  tegelev  sidusettevõte  AS  Green  Marine.  Kontserni  2018. a
müügitulu  oli  130,6 miljonit  eurot,  korrigeeritud EBITDA 74,4 miljonit eurot
ning puhaskasum 24,4 miljonit eurot.


Lisainfo:

Marju Zirel
Investorsuhete juht
[email protected] (mailto:[email protected])

Content of announcement in English

Title

AS Tallinna Sadam signed agreements with PK Terminal OÜ for the development of a dry bulk and general cargo terminal in Muuga Harbour

Message

On  12 June  2019, AS  Tallinna  Sadam  (hereafter  "Tallinna  Sadam")  signed a
cooperation  agreement  and  a  building  title  agreement  with  PK Terminal OÜ
(hereafter  "PK Terminal") for the  development of a dry  bulk and general cargo
terminal  in Muuga Harbor,  which deals with  the handling and  storage of round
timber, wood pellets, metal products and crushed stone.

With the agreements, PK Terminal took over the using rights of the two quays and
their  hinterland area used in the former  steel sheet galvanizing plant, and in
addition  the Koorma 2 real estate.  The total area of  the dry bulk and general
cargo  terminal development is 4.4 ha. The agreements are signed for a period of
20 years, with the option to prolong for another 15 years.

The  planned capacity of the terminal is up to 500,000 tonnes per year, which is
scheduled  to  be  achieved  in  the  next  three  years. For Tallinna Sadam the
establishment  of a new terminal means additional revenue from port dues related
to  extra vessel calls and additional charges  for handling cargo and the use of
land. Estimated revenue from the agreements amounts to EUR 14.6 million in total
over 20 years.

PK Terminal is part of the Palgard Crane Group, which operates in Sweden and the
Baltic  States, whose main activities are loading and unloading and transport of
materials  in ports, warehouses  and terminals. PK  Terminal, who has previously
been  engaged in dry bulk  warehousing and transportation in  the port of Kunda,
will  bring modern  technology and  superstructure to  the new terminal in Muuga
Harbor,  investing over EUR 5 million in the development of the terminal, taking
into use new modern loading equipment.

Tallinna  Sadam is one of the largest cargo- and passenger port complexes in the
Baltic  Sea  region,  which  in  2018 serviced 10.6 million passengers and 20.6
million  tons of cargo. In addition  to passenger and freight services, Tallinna
Sadam  group also  operates in  shipping business  via its  subsidiaries - OÜ TS
Laevad  provides ferry  services between  the Estonian  mainland and the largest
islands,  and OÜ TS Shipping charters its multifunctional vessel m/v Botnica for
icebreaking  and construction services in  Estonia and offshore projects abroad.
Tallinna  Sadam group  is also  a shareholder  in an  associate AS Green Marine,
which  provides waste management services. Tallinna Sadam group's sales in 2018
totalled  EUR 130.6 million, adjusted EBITDA EUR 74.4 million and net profit EUR
24.4 million.


Additional information:

Marju Zirel
Head of Investor Relations
AS Tallinna Sadam
[email protected] (mailto:[email protected])