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PRESS RELEASE: Repston OÜ’s new production facility near Tallinn was laid a cornerstone

Repston OÜ, a metalwork and custom-made furniture production company, is building a new production facility brimming with cutting-edge technology in the Liivamäe village near Tallinn, in order to meet the growing demand of international customers. The cornerstone of the new building was laid yesterday.

The industrial and office building developed by Capital Mill will be completed in 2020. According to Edwin Jakobson, the founder and CEO of Repston, the export-oriented company will move from its current premises covering about 1,000 square meters to space nearly four times bigger and the majority of the equipment will be replaced.

“Repston’s trademark is high-quality, striking-looking, and highly sophisticated metal and wooden interior design elements. With the new production facility, we are taking a leap into the future because we shall be using the absolute cutting-edge technology in our field. The total cost of the investment is nearly EUR 2 million,” said Jakobson. “Thanks to our excellent production and good sales work, we have made our name in Europe. The volume of orders is constantly increasing, and the undergoing innovations will enable us to keep up with time and stay competitive.”

With the new building, it is also important to improve and expand the working conditions as well as to increase the number of jobs. The capacity of the current plant is 30 employees, but in the new one, this number will double. In addition, Repston’s own products will be used in the plant’s interior design, thus demonstrating the capabilities of the plant. The proximity to the existing production facility and the opportunity to expand activities played an important role in choosing the location.

“It was important for us to have the new facility in the same area as the existing plant, which is located near Maardu; thus the workers will not have to make major changes in their lives,” Jakobson said. “In addition, we can expand our production here and will launch the production of wooden furniture in the building to be erected on the adjoining lot next year. We plan to cover the roofs of production facilities with solar panels in order to provide for up to 50% of our annual electricity demand.”

Capital Mill’s Construction Manager Taavi Kiisk said that Repston is an ambitious company and a tailor-made complete solution will be provided to them with the erection of the new plant.

“Repston’s new building will be completed in close and constructive collaboration with the customer in order to provide a solution that will meet their needs in the best possible manner not only now but also in the future,” said Kiisk. “We have created all the necessary conditions for Repston to continue to grow in the coming years, both internally and externally. The construction that started in mid-May has proceeded as planned, and we will be able to hold the topping-out ceremony of the building at the beginning of the autumn and complete the construction next year.”

The new office and production facility of Repston will be built by Vilcon Ehitus OÜ, whose CEO Indrek Saar says they are pleased to witness the development of a modern production and office facility from the stage of an idea to full completion.

“I believe that approaching the project in this form will yield the best result both for the contracting authority and the lessee, meeting their needs with modern solutions,” Saar said. “This is the first cooperation project with Capital Mill for Vilcon Ehitus, and it is a great pleasure to work with a professional developer.”

Repston is engaged in the production of metal fittings, commercial furnishings, staircase guardrails, chandeliers and lighting fixtures as well as metalwork from laser cutting to powder coating.

Repston has collaborated with international hotel chains Hilton, Radisson, Sokos, Scandic, and Ibis as well as clothing brands such as Levis, G-Star Raw. Cooperation partners include shopping centres located in Russia such as TSUM and GUM, and the Helsinki-Vantaa Airport in Finland. For the latter, Repston made all custom-made design furniture used there.

Capital Mill OÜ was founded in early 2008 to help investors looking to acquire commercial real estate in the Baltic countries and increase their value through high-quality property management services. The founders and partners of the company comprise a team with long-standing real estate and banking experience. Capital Mill’s investment portfolio consists of a large number of sought-after business properties in Estonia, Latvia and Lithuania.

 

Additional information

Taavi Kiisk

Construction Manager

Capital Mill OÜ

5563 2004

taavi.kiisk@capmill.eu

www.capitalmill.eu

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