Strategic Materials
Policy Tracker
CompanyEE

NPM Narva OÜ

NPM Narva OÜ

org-npm-narva-ou

Capital received

Every row naming this organization as its recipient, by value role.

Public commitments

1 row · summed per currency

Committed to a recipient by a government or public enterprise, at the status each row states. A contracted, partially disbursed or disbursed row is binding because an agreement is executed; payment is tracked separately by status. A contracted row need not mean funds are obligated or paid, and a partially disbursed row is not fully paid. Summed per currency and per instrument, never across either; a part is never added to its package.

EUR

Grant1 row

Binding

Approximately
14.8 million

1 counted

EU31 Dec 2025

NPM Narva OÜ

aboutEUR14.8 million

Rare earths magnet project in Estonia

CommitmentGrantPublicPartially disbursedComponent manufacturingambiguity noted

Record

Kind
Company
Country
EE
Government
None: its money is not a government's
Parent bodies
None recorded

Notes

Estonian company registration number 16493223. Current beneficiary for project 2021-2027.6.01.22-0002 ('Magnetitehas Narva') in EIS grant register and Ministry project audit. NPM Silmet OÜ was the initial 2022 beneficiary; Ministry audit records reassignment of 95% of grant-supported project activities and budget to NPM Narva OÜ in the 3 November 2023 amendment, with NPM Silmet retained as project partner. Distinct from sponsor/issuer name Neo Performance Materials Inc. No explicit direct parent-company ownership edge is asserted here: audit shows a common corporate group, not a verified direct shareholding chain.

Evidence

Name, kind, country, government and parent links each name their source.

  1. Estonian Business and Innovation Agency (EIS) — supported projects: Magnetitehas Narva (NPM Narva OÜ)

    Ettevõtluse ja Innovatsiooni Sihtasutus (Estonian Business and Innovation Agency)

    Fields supported
    Name · Kind · Country
    Evidence level
    Explicit
    Location in document
    EIS supported projects: Magnetitehas Narva; Toetuse saaja = NPM Narva OÜ; registrikood 16493223
    Qualification
    Estonian funding authority directly names the grant beneficiary, registered company, and Narva project. A group sponsor must not be substituted for the legal beneficiary.
    View source dossier →

  2. Estonian Ministry of Finance — JTF project audit JTF-2/2025, Magnetitehas Narva

    Rahandusministeerium (Estonian Ministry of Finance), Financial Control Department

    Fields supported
    Name · Kind · Country
    Evidence level
    Explicit
    Location in document
    JTF-2/2025 final project audit, PDF p. 3 § 1.1 'Toetuse saaja ja partner(id)' and p. 7 footnote 8
    Qualification
    Ministry confirms current grant beneficiary NPM Narva OÜ, original NPM Silmet OÜ, and transfer of 95% project activities/budget. Neither source proves direct shareholding or a simplistic one-hop corporate parent link.
    View source dossier →