On the meeting of 16th of June 2008, the Supervisory Board of Port of Tallinn approved the main directions of company strategy until 2015. The main objective of updating Port of Tallinn strategy was to ensure sustainable growth of the company in the changed economic environment, making use of the possibilities emerging in transit cargo mediation market, at the same time balancing related risks through preserving the income of passenger servicing sphere with a lower risk level and aggressive increase of space appraisement sphere. According to the approved strategy in the future Port of Tallinn will increasingly focuses its activity on container cargo servicing for both the transit as well as the domestic market shaping Port of Tallinn into a regional container center with the handling capacity of first up to 1.2 million TEU per year. The company views increasing of the handling capacity of new cars to 300 000 units per year as another important direction. In addition to increased use of existing port capacities, the strategy document +372foresees developing of Muuga and Paldiski South Harbour industrial parks preferring companies transporting cargo through the port and engaging in appraisement of cargo as clients and focused developing of Old City Harbour real estate, where the main focus is set on creating an attractive entertainment and commercial environment for passengers. The strategy is subject to periodic review and updating in accordance with changes occurring in the operating environment. The strategy serves as a basis for the preparing of detailed activity plans and business plans for the achieving of the objectives established in it and planning of necessary risk management related activities arising from the planned activities. Additional information: Neinar Seli AS Tallinna Sadam Head of the Supervisory Board +372 631 8002 Sven Ratassepp Public Relations Manager +372 631 8064
The Supervisory Board of Port of Tallinn approved the main directions of company strategy until 2015
| Source: Tallinna Sadam