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Key people at Toode.
Toode develops and produces comprehensive steel roofing systems and related sheet metal products. The company manufactures and installs metal sheet roofs, rainwater systems, and elevation cladding. It utilizes thin galvanized and colored steel to create durable, versatile, and aesthetically pleasing roofing solutions for diverse architectural needs.
Founded in 1991, Toode initially performed various metalwork before strategically evolving its core business to specialized roofing. This shift was prompted by a recognized market need for robust, high-quality steel protection for buildings across the Baltic region, allowing existing metalworking expertise to be applied effectively.
Toode primarily serves construction and building sector customers across Estonia, Latvia, Lithuania, and Finland. The company's vision centers on being a leading provider of sustainable, reliable roof protection, delivering integrated solutions for longevity and structural integrity of diverse structures and expanding its market presence.
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.