Estonia’s largest security firms increased their turnover and profit in 2022, ERR reports. G4S Eesti’s revenue totalled EUR 59.5mn in 2022, which was up 6% from 2021. The company’s annual profit amounted to EUR 1.9mn, which was up from a loss of EUR 300,000 a year earlier. G4S Eesti employed 1,880 people in 2022. Retail group Tallinna Kaubamaja Grupp’s (TKM Grupp) subsidiary, Viking Security, reported a turnover of EUR 15.2mn in 2022, which was up 10% from 2021. The company’s net profit stood at EUR 55,000, compared to a loss of EUR 27,000 in 2021. Viking Security employed 493 people at the end of 2022. Forus Security (former USS) reported a turnover of EUR 31mn in 2022, which was up 11% over a year. The company’s net profit rose from EUR 459,000 to EUR 695,000. Forus Security employed an average of 1,247 people in 2022.
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