Our History

Our history began in 1991 in Tallinn, Estonia, when our founder, Mr Alar Tamming, established Tavid AS, the parent company of Tavex Group. We initially operated a single exchange office in central Tallinn, but with small and consistent steps forward, in conjunction with a burning passion for what we do, we have evolved into a leading Northern European financial firm with a focus on precious metals and foreign exchange. A contributing factor to our success has been our dedication to excellent service that has consistently put client needs and interests first. In addition, from day one, we have maintained a conservative risk profile, growing the business without the use of debt, and have always kept a strong financial position.

Looking ahead, we seek to continue with our steadfast expansion, broadening the range of our products and services, whilst remaining dedicated to providing the best possible customer care for our clients.

 

KEY MOMENTS IN THE TAVEX GROUP’S HISTORY

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2014

Tavex expands into Warsaw, Poland

 

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2013

The annual sales of investment gold reach a record 3,137 kg

 

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2012

The group serves 1.44 million clients

 

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2011

The subsidiary Tavex AS is founded in Oslo, Norway. The parent company Tavid, and
subsequently all subsidiaries, is granted a European licence to provide
cross-border money remittance services

 

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2010

The subsidiary Tavex A/S is founded in Copenhagen, Denmark

 

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2009

The subsidiary Tavex EOOD is founded in Sofia, Bulgaria

 

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2008

Because of the worsening economic situation and falling stock markets, many seek refuge in investment gold. The Tavex group experiences a surge in demand and sells a record 2,159 kg of investment gold

 

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2005

The subsidiary Tavex AB is founded in Stockholm, Sweden

 

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2002

The subsidiary Tavex SIA is founded in Riga, Latvia

 

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2001

Tavid AS begins to sell investment gold

 

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1996

The subsidiary Tavex OY is founded in Helsinki, Finland

 

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1991

Tavid AS is founded in Tallinn, Estonia, by Mr Alar Tamming

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