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IT & communications

Estonian IT, software and communications sector. The backbone of e-Estonia and a magnet for e-resident-founded companies.

Estonia's it & communications sector has 20,846 active companies with combined revenue of 7.32 B €. The sector's largest employer is Bolt Operations OÜ with 868 employees. 519 new companies were registered in the last 30 days.

Sector highlights

Total headcount
29,554
Across active companies
Fastest grower
+1067%
Reya Digital OÜ
Most profitable
124.96 M €
Bolt Operations OÜ
New in last 30 days
519
Newly registered in sector

Largest companies in the sector by revenue

Top companies in this sector by annual revenue.

RankRevenueEmployees
1Bolt Operations OÜ
Osaühing · 14532901
1.12 B €868
2Telia Eesti AS
Aktsiaselts · 10234957
379.31 M €1426
3Elisa Eesti AS
Aktsiaselts · 10069659
223.51 M €907
4Pipedrive OÜ
Osaühing · 11958539
213.24 M €387
5Tele2 Eesti Aktsiaselts
Aktsiaselts · 10069046
88.38 M €308
6Eleks Holding OÜ
Osaühing · 12995761
79.90 M €—
7pawaTech OÜ
Osaühing · 12551662
78.46 M €110
8Microsoft Development Center Estonia OÜ
Osaühing · 11056239
71.85 M €438
9AS Go3 Baltics
Aktsiaselts · 10308880
63.63 M €184
10Nortal AS
Aktsiaselts · 10391131
62.73 M €—
11OÜ Heathmont
Osaühing · 11063972
61.24 M €521
12Spribe OÜ
Osaühing · 14540763
58.46 M €—
13osaühing Playtech Estonia
Osaühing · 10736593
52.99 M €658
14AKTSIASELTS HELMES
Aktsiaselts · 10364097
51.56 M €—
15Kühne + Nagel IT Service Centre AS
Aktsiaselts · 14270594
49.84 M €478
16Reya Digital OÜ
Osaühing · 16338646
40.93 M €0
17Dexatel OÜ
Osaühing · 12829749
38.93 M €—
18Veriff OÜ
Osaühing · 12932944
37.02 M €271
19Delfi Meedia AS
Aktsiaselts · 10586863
36.67 M €424
20Adcash OÜ
Osaühing · 12141869
32.92 M €62
21Wildix OÜ
Osaühing · 12915667
31.26 M €—
22Breakwater Technology OÜ
Osaühing · 14612770
31.04 M €102
23AS Postimees Grupp
Aktsiaselts · 10184643
31.01 M €468
24A2verse OÜ
Osaühing · 16614477
30.83 M €2
25SmartTel Plus OÜ
Osaühing · 12891576
29.25 M €—
26Twilio Estonia OÜ
Osaühing · 12771257
27.38 M €230
27Novametro OÜ
Osaühing · 12187280
26.53 M €14
28Ruul OÜ
Osaühing · 14272541
26.42 M €0
29NabuMinds OÜ
Osaühing · 14690847
26.14 M €110
30DataShift OÜ
Osaühing · 11724356
25.11 M €—
31Stiltsoft Europe OÜ
Osaühing · 16265404
24.90 M €12
32Duo Media Networks OÜ
Osaühing · 16077430
24.74 M €114
33Apollo Kino OÜ
Osaühing · 12383294
23.15 M €123
34Modirum MDPay OÜ
Osaühing · 10961031
21.28 M €—
35Botguard OÜ
Osaühing · 14847036
21.04 M €7
36OIXIO IT AS
Aktsiaselts · 11038974
21.03 M €75
37Aktsiaselts Fujitsu Estonia
Aktsiaselts · 10239452
20.91 M €302
38AS Äripäev
Aktsiaselts · 10145981
20.69 M €224
39Messente Communications OÜ
Osaühing · 12418041
20.24 M €26
40AllePal OÜ
Osaühing · 12209337
20.20 M €38
41Viseven Europe OÜ
Osaühing · 12627365
20.11 M €—
42B2SERVICES OÜ
Osaühing · 16579410
19.75 M €0
43SK ID Solutions AS
Aktsiaselts · 10747013
18.79 M €90
44SWEDBANK SUPPORT OÜ
Osaühing · 10425396
18.55 M €1
45Rush Street Interactive Development Estonia OÜ
Osaühing · 16167512
17.96 M €—
46Peaceful Tech OÜ
Osaühing · 14166218
17.76 M €137
47Toggl OÜ
Osaühing · 11346813
17.34 M €—
48Forum Cinemas Lithuania OÜ
Osaühing · 16082036
17.02 M €90
49OÜ Qualitista
Osaühing · 14308859
16.77 M €56
50Genius Sports Services Eesti OÜ
Osaühing · 11358584
16.70 M €282

Largest public-procurement contractors in the sector

Companies in this sector ranked by total public-procurement contract value. Source: Estonian Public Procurement Register.

RankContract valueContractsBuyers
1DataFox OÜ
Osaühing · 12519049
248.36 M €3419
2OIXIO IT AS
Aktsiaselts · 11038974
242.69 M €5426
3Aktsiaselts Datel
Aktsiaselts · 10324057
180.83 M €8444
4Telia Eesti AS
Aktsiaselts · 10234957
135.74 M €10445
5Nortal AS
Aktsiaselts · 10391131
123.15 M €2714
6AKTSIASELTS HELMES
Aktsiaselts · 10364097
108.81 M €3719
7FINEST AS
Aktsiaselts · 10714404
97.96 M €3514
8CGI Eesti OÜ
Osaühing · 10006966
73.19 M €167
9SRINI OÜ
Osaühing · 14449790
72.41 M €3112
10Askend Estonia OÜ
Osaühing · 14133207
71.95 M €3813
11Cybernetica AS
Aktsiaselts · 10140133
71.67 M €189
12Dolm IT OÜ
Osaühing · 12809505
70.42 M €2111
13Industry62 OÜ
Osaühing · 11124544
66.17 M €1810
14SoftwareOne Estonia OÜ
Osaühing · 16780431
63.92 M €44
15Promise Baltics OÜ
Osaühing · 14348712
56.90 M €33
16Osaühing Net Group
Osaühing · 10585438
52.34 M €1811
17Aktsiaselts Fujitsu Estonia
Aktsiaselts · 10239452
42.40 M €149
18HEISI IT OÜ
Osaühing · 12765966
41.34 M €96
19Elisa Eesti AS
Aktsiaselts · 10069659
41.20 M €6129
20Devlin OÜ
Osaühing · 16375937
35.06 M €22
21Osaühing Aktors
Osaühing · 11333578
34.20 M €96
22Security Software OÜ
Osaühing · 11924368
32.82 M €258
23Devtailor OÜ
Osaühing · 12890714
32.75 M €73
24Krabu Grupp OÜ
Osaühing · 12249934
30.66 M €1915
25Ridango AS
Aktsiaselts · 11717474
30.14 M €44

Recently registered companies in the sector

Companies in this sector added to the Business Register over the last 30 days.

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