Evecon was crowned the winner of this year’s Gazelle TOP of Äripäev, as its exceptional growth and ambitious projects have made it the fastest developing company in Estonia.
Evecon’s success figures speak for themselves – the company’s sales revenue grew more than tenfold in the comparison of 2021 and 2023, and profit increased by almost 60%. These results reflect both the large-scale developments of recent years and strategic smartness in the rapidly changing energy market.
Karl Kull, CEO of Evecon, emphasised that the rapid growth has not come from planning alone, but also from a willingness to take risks and step outside the box. He believes that bold initiative and playful thinking have contributed to the company’s development.
“Evecon has never shied away from big challenges,” said Kull. “We believe that success comes from ideas that may seem impossible at first, but which allow us to prove otherwise when implemented. It’s important not to be afraid to take the first steps and be prepared for the unexpected. A flexible and playful approach helps us find solutions even in difficult situations.”
This year, 1,300 companies made it into the annual Gazelle rankings of Äripäev. In addition to the overall win, Evecon, a company from Saaremaa, was also crowned the fastest growing company in its county.
Coming first in the Gazelle TOP strengthens Evecon’s position not only in Estonia, but in the whole Baltic region. The company will continue to expand and develop new energy projects to ensure a stable and sustainable electricity supply in the future.
