Apartment association · Turba alevik, Metsa tn 3, Pargi tn 1, Pargi tn 3, Tööstuse tn 10, Tööstuse tn 19, Tööstuse tn 21, Tööstuse tn 25, Tööstuse tn 4, Tööstuse tn 6, Saue vald

Tööstuse tn 8 apartment association

Saue vald, Turba alevik, Metsa tn 3, Pargi tn 1, Pargi tn 3, Tööstuse tn 10, Tööstuse tn 19, Tööstuse tn 21, Tööstuse tn 25, Tööstuse tn 4, Tööstuse tn 6, Tööstuse tn 8 korteriühistu (registry code 80032445) manages a 5-storey brick building built in 1969 with 53 flats. According to its 2025 annual report, the association's long-term liabilities were €390,059 (€146 per m² of flat space) and it held €104,509 in cash. In 2021 long-term liabilities rose from €221,511 to €308,489 — usually a sign of a renovation.

Board

  • AVAleksander Vinklerboard member8 years 8 months
  • AMAndres Martinboard member8 years 8 monthsalso: Liivalaia tn 16 // Veerenni tn 2
  • ALAngel Lootusboard member8 years 8 months
  • GKGrete Koptelkovboard member7 years 2 months
  • ILInnar Lilleorgboard member8 years 8 months
  • KMKaire Menindboard member6 years
  • LVLeho Väljaotsboard member6 years
  • LKLeili Kiinboard member8 years 8 months
  • LKLiili Karutoomboard member1 year 10 months
  • MKMadis Karroboard member1 year 10 months
  • MJMaris Jürimäeboard member6 years
  • MKMart Kuldorgboard member8 years 8 months
  • MMMeelis Muugaboard member8 years 8 months
  • MJMerje Juhkenboard member8 years 8 months
  • OOOlev Oldekopboard member8 years 8 months
  • PKPeedo Kesselboard member8 years 8 months
  • SBSirje Baumerboard member8 years 8 months
  • TTTavo Tammboard member8 years 8 months
  • THTiiu Heinlooboard member2 months
  • TSTõnu Sermannboard member8 years 8 months
  • ÜKÜlle Kivjaboard member8 years 8 months
B
Association grade
B · good
Saue vald: ranked 78 of 206 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1969
Storeys
5
Construction
brick
Flats
53
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

The association's buildings (9)

Pargi tn 155 flats, Pargi tn 353 flats, Tööstuse tn 410 flats, Tööstuse tn 67 flats, Tööstuse tn 88 flats, Tööstuse tn 108 flats, Tööstuse tn 198 flats, Tööstuse tn 218 flats, Tööstuse tn 258 flats

Long-term liabilities
€390,059
as of 31.12.2025
Liabilities per m²
€146
similar buildings with a renovation loan €67
Cash
€104,509
€39/m² · similar €22/m²
Income per m² a month
€5.82
similar buildings €0.99

Compared with similar buildings: Saue vald, built 1964–1974, brick (40 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
88 €/m²201983 €/m²2020116 €/m²new loan2021107 €/m²2022107 €/m²2023117 €/m²new loan2024146 €/m²new loan2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.36 per m² of flat space a month, about €18 a month for a 50 m² flat (interest not included) — less than 69% of associations repaying a loan. The median is €0.52 in Estonia and €0.60 in Saue vald. At the current pace the loan will be repaid around 2059.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€390,059€74,079€104,509€186,445€67,991
2024€312,783€71,858€77,806€139,972€60,415
2023€285,319€72,682€57,355€107,681€46,197
2022€286,700€72,855€42,836€104,977€42,165
2021€308,489€67,474€38,571€216,118€42,082
2020€221,511€61,785€46,180€81,845€47,261
2019€235,024€57,135€27,967€86,087€51,085

Compared with similar buildings (Saue vald, built 1964–1974, brick; 40 associations), long-term liabilities per m² of flat space are higher than 90% of them. The median for buildings with a loan is €49/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

What is your flat worth?

An estimate for a flat at Tööstuse tn 8 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BPargi tn 5Turba alevik1980 · 60 flats€0€179,7192025
CAia tn 2Turba alevik1985 · 60 flats€0€52,1402025
–Tööstuse tn 23Turba alevik1947 · 8 flats€0€7,3472023
–Tööstuse tn 27Turba alevik€0€1,7882025
DTööstuse tn 2Turba alevik1922 · 5 flats€0€11,5552025
–Lille tn 5Turba alevik1954 · 2 flatsno reports
–Lille tn 8Turba alevik1979 · 2 flatsno reports
–Lille tn 7Turba alevik1954 · 2 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €390,059 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.

How much cash does the association have?

At the end of 2025 the association held €104,509.

When was the building built?

According to the building register, it was first used in 1969 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Aleksander Vinkler, Andres Martin, Angel Lootus, Grete Koptelkov, Innar Lilleorg, Kaire Menind, Leho Väljaots, Leili Kiin, Liili Karutoom, Madis Karro, Maris Jürimäe, Mart Kuldorg, Meelis Muuga, Merje Juhken, Olev Oldekop, Peedo Kessel, Sirje Baumer, Tavo Tamm, Tiiu Heinloo, Tõnu Sermann, Ülle Kivja (board since 25.01.2018).

How is the association grade calculated?

The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.

Where does the data come from?

Finances: business register open data (annual-report key figures, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.