The subsidiary of AS Bercman Technologies (hereinafter “Bercman”), Bercman Energy OÜ, signed a cooperation agreement in November this year with the Lithuanian company Area Energy UAB.
Area Energy’s core activities include the use of renewable energy sources, electricity production, and the provision of engineering and consulting services in the energy sector.
The purpose of the cooperation agreement is to expand Bercman Energy’s activities into the field of Battery Energy Storage Systems (BESS) to provide modern grid-supporting storage solutions for industrial, infrastructure and public-sector projects.
Mart Suurkask, Member of the Management Board of Bercman: “With the addition of a new business line, we have registered a notice of economic activity with the Estonian Consumer Protection and Technical Regulatory Authority for electrical installation and engineering services, as well as related technical consultancy. In doing so, we have strengthened the Group’s competencies in high-voltage solutions, energy storage, and electrical installation design and supervision, enabling us to offer comprehensive electrical and energy system solutions.”
Arturas Laucevicius, Director at Area Energy: “In cooperation with Bercman, we gain fast and efficient access to new markets at a time when battery storage systems and the balancing services sector are growing at a remarkable pace. By combining our experience with Bercman's expertise, we create synergy and a strong foundation for meeting our customers' technological needs.”
Bercman Energy, established in 2024, has focused primarily on the development and production of electric vehicle fast chargers. Expansion into the field of BESS is part of the company’s long-term strategy to evolve into a high-value-added energy technology provider, responding both to Europe’s green transition objectives and the increasing demand for grid stabilisation, energy storage and fast-charging solutions. Energy storage systems are also an important component of fast-charging infrastructure in locations where grid capacity is limited or load balancing is required.
The economic impact of the cooperation agreement cannot be quantified at this stage, but the company considers it to strongly support Bercman Energy’s growth strategy in Estonia and export markets.
Previously, Bercman Energy signed a cooperation agreement with Agla Energy, which provides Bercman’s clients with financing solutions for energy storage systems, fast chargers and solar parks, enabling large-scale investments to be converted into manageable monthly costs for companies.
Bercman, founded in 2016, is a technology company listed on Nasdaq First North, specialising in development services, the creation of proprietary products, and the provision of comprehensive technology systems. The Bercman consolidation group comprises the parent company AS Bercman Technologies and its subsidiaries, Krakul OÜ and Bercman Energy OÜ.
For further information, please contact:
Mart Suurkask
AS Bercman Technologies
Member of the Board
+372 5340 2902
mart.suurkask@bercman.com