The silver level quality label is given to a company who participated in the Estonian Responsible Entrepreneurship Index with a very good level of responsibility and who considers the importance of sustainable company development, contributes strategically to the development of the social and natural environment. Also whose responsible activities are embedded in the company's basic activities (company demonstrates the initiative, systematic and continuous responsible behavior to ensure its consciously responsible business activity).


For more information on responsible entrepreneurship, visit www.csr.ee

VEF Tarvo

The Responsible Entrepreneurship Gala was held on 25 May, recognising 56 Estonian companies with a Gold, Silver or Bronze Label. For the third year in a row, we have reached the Bronze level of the Responsible Entrepreneurship Index.
The Quality Label is awarded to companies participating in the Estonian Responsible Entrepreneurship Index, who emphasise the sustainable development of the company, and invest strategically in the development of the social and natural environment.
"The more responsible entrepreneurs we have, the stronger our country will be! It’s namely our government that has a clear role in creating a better environment for entrepreneurship and developing responsibility, and companies must be the government’s role-models and forerunners with regard to responsibility,” said Kadri Simson, the Minister of Economic Affairs and Infrastructure.
You can find more information about responsible entrepreneurship here: www.csr.ee.

VEF gala3

On 1 April, Sven Pertens, the former CEO of AS Lemminkäinen Estonia, will take over the role of Chairman of the Management Board of the construction company TREV-2 Grupp.

“With TREV-2 Grupp, we want to achieve the position of the market leader in infrastructure construction and for this purpose, we are combining the company’s young and ambitious team with Sven’s long experience in the sector,” said Kristjan Kalda, Chairman of the Supervisory Board of TREV-2 Grupp. “I also want to thank the current Chairman of the Management Rein Rätsep for his success in managing the company. In recent years, a great deal of work has been done in raising the competitiveness of the company on the Estonian market,” added Kalda.

“I am very happy to be able to continue in the field of infrastructure construction and contribute to the development of TREV-2 Grupp by relying on my existing experiences and knowledge,” said Sven Pertens, the new Chairman of the Management Board of the company. “I am convinced that in cooperation with a well-functioning team, we can achieve great economic results and strengthen the company’s market position,” he said.

The principal activities of AS TREV-2 Grupp are the construction of roads, bridges and railways, road maintenance, environmental construction and the extraction of mineral resources. The company employs about 360 people.

In March this year, AS BaltCap, the leading private equity and venture capital enterprise in the Baltic region, acquired an additional 38% of the shares of AS TREV-2 Grupp from East Capital Explorer, thereby having a majority holding of nearly 75% in the company.