Toode
Toode is a company.
Active
Updated: ·
Financial History
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Leadership Team
Key people at Toode.
Toode is a company.
Key people at Toode.
Toode AS is an Estonian public limited company specializing in the production, sale, and installation of steel roofing products, rainwater systems, and related building materials.[1][2] Founded in 1991, it manufactures steel roofing sheets, facade cladding, bearing profiles, safety elements, and custom steel products, serving construction markets in Estonia, Latvia, Lithuania, and beyond with all-in-one solutions including installation.[1][6] In June 2023, Kingspan Group, a global leader in building materials, acquired a majority stake, signaling strong growth potential in the roofing sector.[2] The company reported net sales of €22.2 million in 2024, down from prior years, with a 2% profit margin and around 89 employees, maintaining operations from its headquarters in Saue, Estonia.[3]
Toode AS began in 1991 as an Estonian capital-based firm focused on general metalwork activities.[1][2] By 1995, it pivoted to manufacturing, selling, and installing steel roofs, rainwater piping systems, and roofing accessories—a shift that defined its core business.[1] Key milestones include earning ISO 9001 quality certification in 2000 and a conformity certificate from Keskus Ehitus TEST in 2001, validating its building expertise.[1] Officially registered as a public limited company on November 25, 1997, it expanded with sales offices across Estonia (e.g., Tartu, Rakvere, Pärnu) and branches in Lithuania and Latvia.[1][3] The 2023 majority acquisition by Kingspan Group marked a pivotal moment, integrating Toode into a larger international network while preserving its local production base in Saue.[2]
Toode operates in the construction materials sector, riding trends in durable, weather-resistant steel roofing amid Europe's push for energy-efficient and sustainable building practices.[1][6] Its timing aligns with rising demand for modular, install-ready components in residential and commercial projects, fueled by urbanization, infrastructure renewal in the Baltics, and climate-resilient designs.[1] Market forces like supply chain localization post-pandemic favor regional producers like Toode, reducing import reliance.[3] The Kingspan acquisition amplifies its influence, leveraging the parent's global expertise to standardize high-quality roofing solutions across Europe, potentially influencing Baltic construction standards and export growth.[2]
With Kingspan's backing, Toode is positioned for expanded production capacity, international exports, and innovation in sustainable roofing like insulated or recyclable steel panels.[2][6] Trends such as green building regulations and digital fabrication tools will shape its path, potentially reversing recent sales dips through efficiency gains.[3] Its influence may evolve from a regional specialist to a key player in Kingspan's European portfolio, driving adoption of integrated roofing systems. This builds on its foundational strength in all-in-one solutions, promising sustained leadership in practical, high-quality construction materials.[1][2]
Key people at Toode.
