Already 7,997 people have seen this company's branding and they are being followed by 192 Storybook user.In average the company has been rated 3.5 points ja kommenteeritud 7 korda.

's activity report 2022

Introduction

Ensto mainly operates in four product and solution areas: overhead networks, underground cable networks, power quality, and fault-tolerant distribution networks and network automation equipment.

Ensto Ensek AS Keila factory mainly specializes in underground cable solutions and overhead line accessories.

Last year, Ensto in Estonia celebrated its 30th year of operation, during which the company has contributed to the Estonian industrial sector and economy with responsible business activities. In connection with this, Ensto Ensek also received the responsible business gold badge this year.

In 2022, Ensto continued with large-scale investments in silicone casting equipment to ensure greater production capacity. Investments were mainly directed towards the development of silicone casting technology to offer world-class solutions to customers.

At the same time, the company was optimizing the increasing costs due to the rise in energy prices. Reviewing its supply chain and investing more in the implementation of more energy-efficient processes.

Due to the war in Ukraine, the Ensto Group ceased production and sales in the Russian market in 2022. In connection with this, Ensto Ensek also had to write off receivables in the amount of 1.1 million euros from its balance sheet.

Despite the ongoing crisis situation due to the war in Ukraine, Ensto Ensek AS was able to keep its production sustainable and stable.

Overview of expected developments in the next financial year

In connection with new investments, Ensto wants to increase exports outside the European and Nordic markets in the near future. The main target markets for going global with the product portfolio are Malaysia, Indonesia, Australia, and the USA.

In 2023, the company wants to optimize its inventory, which has grown in recent years due to the crisis situation, but at the same time keep the production capacity high and ensure timely deliveries to customers.

The company believes that the investments made will provide the opportunity to increase the production volumes of silicone casting more than twice over the next three years.

In 2023, one of the company's major challenges and opportunities is to increase technological competencies. In connection with this, the company's priority is also employee training and the creation of higher qualification jobs

Seasonality of business, environmental and social impacts

The main activity of Ensto Ensek AS is not seasonal and the company's economic activity is not cyclical.

The company's economic activities do not also have significant environmental and social impacts, as Ensto Ensek AS has made several investments in the development of environmentally friendly production.

The Ensto Group is committed to long-term sustainable development and aims to be a leading company in the field of green energy use and distribution worldwide. Ensto products are environmentally friendly, energy-efficient and reliable.

Development of the operating environment and market overview

According to statistics, industrial companies produced 1.9% less output at constant prices in 2022 than the previous year. The volume of production in the manufacturing industry decreased by 2.7%.

Last year, 67.4% of the total production of the manufacturing industry was sold to foreign markets. Compared to 2021, exports increased by 18.1% and sales to the domestic market by 17.1%.

Revenues, expenses and profit