Fortaco Estonia is expanding.
Today, we are celebrating the opening of our new factory, located in Narva Kadastiku Industry Park.
Business Site Narva’s new factory is a manifestation of the great collaboration between Fortaco teams, from engineers and technologists to logistics and project management specialists.
The current 35,000 square meters located in the Narva city centre will now have an added 8,000 square meters under its domain, providing 40-50 additional jobs in the area.
The new factory offers competitive solutions and strong operational excellence through an advanced production specialization line, prefabrication equipment, welding robots, and CNC machinery centres that allow us to significantly increase production capacity and ensure even higher product quality.
With the newly installed equipment, the new factory is a full-cycle production facility — from raw material processing to painting and assembly — significantly boosting the overall manufacturing efficiency.
Factory’s production line is highly versatile, being able to manufacture products for different customers, reducing risks and increasing operational flexibility.
“We are less vulnerable, if any of our customers experience a temporary drop in volumes – production doesn’t stop,” says Larissa Shabunova, Managing Director, Fortaco Estonia.
In the opening ceremony, we had the honour of having Vesa Vasara, Finnish Ambassador to Estonia, Katri Raik, Mayor of Narva, and Tatjana Stofalt, Narva City Council Head, as our guests. We highly appreciate the presence of our customers Palfinger, John Deere and Komatsu, our suppliers, other business partners and Swedbank’s presence.
According to Shabunova, the strengths of the Narva team are foresight, diligence, and systematic thinking.
The team just does not ”Trust in Tomorrow” – they create it.













17/06/2025
Fortaco completes the sale of its marine business in Gruza, Serbia
Fortaco Group Holdco Plc’s subsidiary, Fortaco Oy announced on 23 May 2025 having signed an agreement to sell its marine business in Gruza, Serbia…
28/05/2025
Fortaco Group Holdco Plc’s Business Review January–March 2025: Net sales and profitability remained low ahead of improving market – operational improvements continue
Fortaco Group Holdco Plc’s Business Review 28 May 2025 at 2:00 p.m. EEST This release is a summary of Fortaco Group Holdco Plc’s Business Review…
23/05/2025
Fortaco sells its marine business in Gruza, Serbia
Fortaco Group Holdco Plc’s subsidiary, Fortaco Oy has signed an agreement to sell its subsidiary in Serbia and thereby its marine and energy focused…
17/05/2025
Meet Our Panelists | Breaking Barriers – Women in Heavy Industry
Join our free webinar: Breaking Barriers – Women in Heavy Industry In three days, the Fortaco team will be hosting a webinar representing…