VKG’S mission
Valuing the most essential Estonian natural resource - oil shale.
About us
Viru Keemia Grupp is a large Estonian industrial enterprise based on private capital, whose main fields of activity are oil shale extraction, shale oil, heat and electric energy co-production, and the production and marketing of fine chemistry products.
We are characterized by openness, dedication to what we are doing, and the ongoing development. We believe that each step and activity must create a higher value for everyone, both for our own people, partners, and clients and for the local community.
Our vision
is to maintain the role of the sustainable leader in the Estonian oil shale industry, which has been attained due to the growth in efficiency within the changing situation at the market and be an innovative initiator in terms of opening up the oil shale potential.
VKG’S values
- openness
- commitment
- development
VKG's strategic goals for the next few years
Ensuring the availability of raw materials
Our number one priority in the upcoming years is to ensure oil shale resource. Not only our future, but the present day depends on the availability of the resource. VKG's current total demand of raw material is 5 million tonnes of oil shale. The maximum extraction volume granted to VKG, with the possibility of retrospective mining, amounts to 4.4 million tonnes of oil shale. We are lacking approximately 0.8 tonnes per year in order to apply maximum production capacity. Thus, one of our main tasks is to constantly look for ways to change this situation.
Extraction of maximum energy from oil shale
An indication of the efficiency and sustainability of each production is the energy efficiency of the production process, which shows how much energy entering with the raw material becomes useful products. For example, the average energy efficiency of VKG's shale oil plants Petroter is more than 90%. The high figure is achieved due to the fact that in addition to shale oil, steam, hot water and semi-coke gas with high calorific value are produced, from which VKG Energia produces electricity, steam and district heating water. Our goal is to reduce the unused part by increasing the energy efficiency of production processes.
Adding maximum value to the final products
The goal of every modern industrial company is to continuously extend the value chain. The greatest potential in current production chain lies in adding value to waste and improving the properties of oil products, which is particularly important for maintaining demand for the products in the world market under increasingly stringent environmental requirements.
Creating an effective organizational culture
Regarding effective organizational culture, we can look at increasing the productivity of assets and labour, the increase in the added value of jobs, and management directed to results and improvements.
Competitive cost price of shale oil
VKG operates on a volatile market, where the price of shale oil can fluctuate to a very large extent over a short period of time. Competitive cost price allows us to achieve high liquidity, which helps to survive periods of crisis and to invest in technology and workforce.
The company has 7 subsidiaries
Production
VKG Kaevandused
The excavation of the main raw material, i.e. oil shale
Turnover 72,3 mln euros
Employees 536
VKG Oil
The production of shale oil and fine chemistry products
Turnover 214,5 mln euros
Employees 678
VKG Energia
The production of heat and electric energy
Turnover 80,5 mln euros
Employees 115
Services
VKG Soojus
The distribution and sale of heat
Turnover 14,9 mln euros
Employees 19
VKG Elektrivõrgud
The sale and distribution of electric energy
Turnover 13,6 mln euros
Employees 42
VKG Logistika
Logistic services related to automobile and railway transport
Turnover 13,8 miljonit eurot
Employees 108
Viru RMT
Repair and assembly services
Turnover 10,7 miljonit eurot
Employees 169
Viru Keemia Grupp
Auxiliary services provided to the subsidiaries of the Group
Turnover 9,1 miljonit eurot
Employees 95
Main products and services of VKG
- Ship fuels
- Heating oil for local heating boiler plants
- Electrode coke for electrode manufacturers
- Oil shale fine chemical products for perfumery, cosmetics and textile industries
- Oil shale gas for production of heat and power
- Vehicle and railway transport services
- Steam and air conditioning for large-scale industrial companies
- Production, transfer and sale of heat and energy to households and companies
- Repair, assembly and rental services of machinery and equipment
- Consulting services in the field of oil shale processing technology
Geographical sales distribution of the products and services of
VKG
Belgium
Estonia
Gibraltar
China
Spain
Netherlands
India
United Kingdom
Italy
Japan
Lithuania
Latvia
Poland
Germany
Saudi Arabia
Senegal
Slovenia
Finland
Denmark
Togo
Ukraine
Uruguay
USA
Belorussia
Russia
Vietnam
Priorities for the year 2019
- The maximum and stable loading of current production facilities
- Boosting the value of end products to the maximum
- Improving energy efficiency
- Enhancing the efficiency of business processes via digitalisation and automation
- Ensuring the availability of raw materials
- Reducing the environmental footprint
- Developing the organisation and its people
- The maximum and stable loading of current production facilities
- Boosting the value of end products to the maximum
- Improving energy efficiency
- Enhancing the efficiency of business processes via digitalisation and automation
- Ensuring the availability of raw materials
- Reducing the environmental footprint
- Developing the organisation and its people