Eesti Energia Leader: We Operate Under Constant Surveillance of Russian Dirigibles
Eesti Energia's CEO Andrus Durejko emphasizes the need for increased security due to ongoing surveillance fears and recent unexplained disruptions.
Andrus Durejko, the CEO of Eesti Energia, has expressed a desire for greater investment in the company's security protocols. This urgency is driven by recent incidents that have been challenging to explain, causing concern regarding potential vulnerabilities within the company. Although solid evidence of coordinated attacks has not been presented, Durejko asserts that the company remains under constant scrutiny and necessitates effective protection against possible threats from state-backed entities.
In discussing the past financial year, Durejko described it as positive, highlighting a significant operating profit before depreciation of 317 million euros and a net profit of 112 million euros, excluding markdowns on oil shale assets. This financial performance illustrates the company's resilience and ability to manage its core business effectively despite pressures. The synchronization of Estonia's electricity grid with mainland Europe posed challenges, leading to the emergence of multiple new energy markets during 2025, which the company had to navigate carefully.
Durejko also touched upon the difficulties in the system services market, indicating that the costs of imbalances became exceedingly high for both energy producers and sellers. Despite these hurdles, Eesti Energia's primary operations continue to yield robust results, demonstrating the companyβs adaptability to changing market conditions and its commitment to maintaining stability in the energy sector amid potential external threats.