Skinest Grupp

Skinest Grupp (also known as Skinest Group) is an Estonia-based international business group owned by Estonian businessman Oleg Ossinovski. Its predecessor was Skin AS, founded in 1992, which was later renamed Skinest Projekt AS and eventually developed into the Skinest Grupp group. The group's core activity is integrated railway solutions through Skinest Rail, which provides railway transportation and construction services, rolling stock sale, repair and lease, spare parts manufacturing and supply, locomotive and passenger car maintenance, track design and construction, and shunting operations. Skinest Rail operates through companies in Estonia, Latvia, Lithuania, Germany, Poland, Finland, Croatia, Ukraine, Azerbaijan, Georgia and Kazakhstan, and describes itself as the largest privately owned company in the railway business in the Baltic States. Beyond rail, Skinest Grupp has diversified into energy — including wind, solar and hydro power generation through Skinest Energy, Skinest Energia and Skinest Hydro — as well as real estate, golf courses and other investments. In 2020 the group comprised more than 50 companies in 15 countries. In Latvia alone it had investments of over 40 million euros and more than 800 employees, with activities spanning wagon and locomotive production, railway construction, renewable energy development, real estate and the cosmetics company Dzintars. Dzintars was liquidated as a company in 2023, but the cosmetics factory still belongs to Skinest Group through the firm SIA Ritrem. The group's head office is located at Mõisa 4, 13522 Tallinn, Estonia.

Skinest Grupp's history traces back to 1992, when Estonian businessman Oleg Ossinovski founded the company Skin AS. This firm was later renamed Skinest Projekt AS, and from it the Skinest Grupp group was eventually formed. Over the following decades the group expanded its railway-related activities across the Baltic States and beyond. By 2020, Skinest Grupp comprised more than 50 companies operating in 15 countries. In Estonia, these included the wind energy company Skinest Energy, the rail transit firm Skinest Rail, the railway construction company Skinest Ehitus, Skinest Hydro, Sinest Kinnisvara (real estate), Skinest Technology, Skinest Railway Services and others. In Latvia, the group had investments of over 40 million euros and more than 800 employees, with activities including wagon and locomotive production, railway construction, development of wind, solar and hydro power plants, real estate development, and the cosmetics company Dzintars. Dzintars was liquidated as a company in 2023, but the cosmetics factory remains owned by Skinest Group through the firm SIA Ritrem. The group has been involved in the Rail Baltica project since 2013. Its head office is in Tallinn, Estonia.

• 2023

  Dzintars is liquidated as a company, but its cosmetics factory remains with Skinest Group via SIA Ritrem.

• 2020

  Skinest Grupp comprises more than 50 companies in 15 countries.

• 2013

  Skinest begins involvement in the Rail Baltica project.

• 1992

  Oleg Ossinovski founds Skin AS, predecessor of Skinest Grupp.

Largest privately owned company in the railway business in the Baltic States, offering integrated railway solutions and diversified industrial investments.

• Skinest Rail

  Integrated railway solutions: rolling stock sale and repair, railway maintenance and construction.

• Freight wagons

  Fleet of over 3000 freight wagons for rent and sale.

• Spare parts

  Thousands of spare parts articles for railways and rolling stock.

• Skinest Energy

  Conventional and renewable energy, including wind and solar generation.

• Skinest Hydro

  Hydro power energy generation.

• Skinest Real Estate

  Real estate and golf courses.

1. 1Complete Solutions - Skinestskinest.eu
2. 2About - Skinestskinest.eu
3. 3About - Skinest (For Partners)skinest.eu
4. 4About - Skinest (Skinest Grupp Offices)skinest.eu
5. 5Skinest Grupp - Wikidatawikidata.org
6. 6Skinest Grupp - Estonian Wikipediaet.wikipedia.org