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Tavex provides a range of silver bullion coins and bars for all types of investors. We have a direct supply chain with the world’s leading precious metals producers. This, combined with efficient, well-planned logistics guarantees you the most competitive pricing on the market.
Tavid was established as a private limited company in April 1991 by Mr Alar Tamming in Tallinn, Estonia. It started with video rentals in Tallinn Video Center, hence how the company got its name, Tavid. Mr Tamming’s dedication to searching for ways to increase revenue led to the first foreign exchange transaction taking place in October 1992.
Tavex expands to Finland
The first foreign subsidiary of Tavid AS was founded in Finland in 1996. It was called Tavex OY. The company’s overseas expansion was fuelled by the growing Estonian workforce in Finland. They needed a quick and secure way to send money back home. So, an express money remittance service between Finland and Estonia was set up. This was unique at the time.
Tavex in Latvia
The company continued its expansion in 2002. Entering the Latvian market under the name Tavex SIA. Although the local business culture was very different there – doing business in Estonia was much simpler and more transparent at the time – hard work brought success. Tavex SIA currently has six offices in Riga.
Start of gold
Mr Tamming initially acquired a small amount of gold to maintain the value of his assets. He found the process to be drawn out and frustrating. Being a man that’s passionate about customer service, he knew he could provide a better buying experience for others.
He also knew he wasn’t the only person interested in protecting their assets against inflation. So, in 2004, Tavex started offering everyone the best way to invest in physical gold.
1oz costs around 1.277.436 RSD at the time.
Tavex goes to Sweden
We opened our second Scandanavian subsidiary in Sweden in 2005. Tavex AB started offering currency exchange services and selling investment gold. The Swedish market loved our excellent service, customer-friendly pricing, commitment and trustworthiness. As a result of this, Tavex is now a well known and established bullion dealer in Sweden, currently operating in 4 locations.
Tavex during the economic crisis
The uncertain economic situation and plunging stock markets saw many people seek refuge in investment gold. This resulted in a sudden surge in demand. Our robust supply chain and strong relationship with refineries meant we still met our customer’s needs. Despite the turbulence in the market, Tavex delivered 2,159kg of investment gold in 2008. This was a record at the time.
Tavex expands to Bulgaria
Tavex EOOD was founded in 2009 in Bulgaria. Nordic business ethics and core principles helped propel Tavex EOOD to huge success. Helping Tavex contribute to Bulgaria’s rapidly evolving business environment. Tavex now operates a total of seven offices in Sofia, Varna, Burgas and Plovdiv.
Tavex continued its mission in the Scandinavian market in 2011. Opening an office in Denmark, quickly followed by an office in Norway. As a result, Tavex now operate in all Scandinavian countries. Where we’re a household name among bullion investors.
Tavex and Poland
Tavex Group continued its expansion in Eastern Europe when Tavex Sp. z o.o. was established in Poland. The first office opened in Warsaw in 2015, followed by the second office in 2020. The third office opened in Katowice in 2020 and the fourth in Gdynia in 2021. Tavex is currently the largest bullion reseller in Poland.
A subsidiary company, TavexWise AS was founded in 2015. The aim was to provide payment services and money transfers under the TavexWise brand.
Tavex expands to Romania
In September 2019 Tavex expands to a new European market – Romania. We opened our first office in the capital Bucharest in one of the biggest shopping malls – AFI Cotroceni.
The biggest Tavex expansion
Tavex is dedicated to helping more and more people buy gold and silver bullions at wholesale prices. We’ve achieved this by making investment simple and secure with our award-winning website. As well as providing same-day dispatch and insured delivery. Tavex drives innovation whilst maintaining our core values. Our commitment to growth means that in 2021 Tavex is expanding to Serbia, Hungary, and the United Kingdom.
Tavex Group in numbers
Key numbers about our business and achievements.
countries in Europe
kg of gold sold in 2022
years in business
countries in Europe
kg of gold sold in 2022
years in business
You can find us in 12 countries
The Tavex Group operates in 12 European countries and since 2015 has also been offering payment services in the Philippines.
We have sold almost 50 tons of gold in the last 10 years to millions of satisfied clients.
With quality, always comes quantity.
3 100 kg
2 900 kg
2 850 kg
3 200 kg
3 000 kg
3 500 kg
4 400 kg
6 100 kg
9 200 kg
11 100 kg
We have strong values and we live by them every day
Every employee, every manager and every customer share these values with us.
We believe that the most valuable asset is our team and the people who form it. They are our face in front of clients and we are dedicated in providing them optimal conditions for their well-being.
We select our employees precisely and we are proud of the dedicated, talented and customer-oriented team, a team of people who share the same high standards of integrity and professional ethics, but also have the desire to excel in what they do.
Trust is everything, especially in our field of activity. Trust either builds a business or kills it. Being considered a reliable company for us is the equivalent of success, it is the cornerstone of our operations, the force that makes us move forward. To increase the level of trust, we always offer quality products, flawless service, impartial advice and a safe and convenient foreign exchange market that allows you to easily exchange gold, and silver at the best prices on the market.
We believe that our partners play a key role in our development and growth. Thus we are committed to fostering our long-term partnerships in a way that balances the mutual interests of all parties.
Customers are the most important aspect of our business. We always strive to offer them the best possible advice, which translates into exceptional services, transparent prices for our products and most importantly, we give priority to the needs and interests of customers. We offer services for both individual clients and companies.
So, come and say Zdravo, Hello, Здравей, Salut, Hej, Tere, Helô, Cześć, or Moikka!
We offer you the best prices and the best service.