News March 16th, 2017

by Nortal

2016 - the best year in Nortal's history

Geographical expansion to new markets and implementation of outstanding projects lead to a 30 percent increase in Nortal Group’s EBITDA in 2016, exceeding 5.2 million euros. Nortal’s total consolidated revenue was 43.5 million euros.

“2016 is the best year in our history, we are paying our employees a record amount of bonuses and we are planning to distribute more than 800,000 euros of dividends from retained earnings to our shareholders. Nortal’s business outlook is good, profitability is strong and we are proud to be a company that is fully owned by its employees,” Nortal CEO and founder Priit Alamäe said.Successful merger with leading Northern-European marketing automation company Element in October marked Nortal’s expansion to Sweden and in December Nortal expanded its operations to the United Arab Emirates by opening an office and establishing a local entity in Dubai,” Alamäe added.

Among some of the most outstanding projects of 2016 and major impacts delivered, Alamäe named the successful delivery of a fully automated Smart Harbour solution to the Port of Tallinn; the information system TETRIS that helped Estonian Unemployment Fund to meet the requirements of the Work Ability Reform, one of the biggest reforms in Estonia from last years; and the Invest Easy portal for Oman that propelled Oman 127 places up in the Ease of Doing Business Ranking of World Bank’s annual Doing Business 2017.

Related content


Visit us at "digital Davos" in Saudi Arabia
  • Cyber Resilience
  • Data and AI
  • Technology and Engineering

Join us at the "digital Davos" in Saudi Arabia

We’re excited to share that we will be taking part in LEAP 2024 from 4 to 7 March. The “digital Davos,” as coined by the Wired magazine, is the leading tech event in Saudi Arabia.


Pointing on the computer screen
  • Experience and Design
  • Strategy and Transformation

Webinar: Building products your customers want and the business needs

Join us on Thursday, March 21, to learn about ways an outcome-driven and experience-led approach can help your product team deliver quicker customer and business value.


  • Citizen-Centric Personalized Digital Government

Webinar: A new post-digital era of Personal Government is on the rise

As the world becomes more complex, governments are forced to rethink how they offer public services in the future. Join the discussion with industry experts Andres Raieste (SVP of Public Sector), Mihkel Solvak (Assoc. Prof. at the University of Tartu), and Ville Sirviö (CEO of the Nordic Institude of Interoperabilty Solutions), as we dive deep into the future of public services, interoperability, and trust in digital services.

Get in touch

Let us offer you a new perspective.