The year of 2021 was time of strong growth. Turnover and operating profit reached their highest level ever in the KWH Group’s history.
Our biggest subsidiary Mirka announced the acquisition of 100% of the shares of the Finnish robotics company Flexmill, based in Nurmijärvi outside of Helsinki. The acquisition gives Mirka the possibility to offer complete solutions and integration services for automated and robotized surface finishing.
The KWH Group and our four divisions Mirka, KWH Logistics, KWH Freeze and Prevex donate a total of € 25,000 to support various relief efforts in war-torn Ukraine. Most go to the Finnish Red Cross (FRK). Support is also given to Nada Nord ra, which arranges bus transports from Poland to Pietarsaari, Finland for women and children fleeing Ukraine.
Our division KWH Logistics is among the first in line participating in a development project where they convert the existing equipment from diesel to electric. The converting process starts with changing the power line of the equipment into a new one and continues by utilizing every part that is possible.
We are looking for a cheerful and service-minded hostess or host for Jepua to take care of the guests of Keppo Mansion.
Prevex is investing in the future and preparing for growth by establishing itself in Jakobstad (Pietarsaari).
The KWH Group is one of Finland’s Strongest companies according to a credit classification by Suomen Asiakastieto. Therefore, we have been granted the Strongest in Finland Platinum certificate with the best AAA rating.
The KWH Group has donated Åbo Akademi university and Svenska Handelshögskolan (Hanken) university both EUR 10 000 to their funding campaigns. They both have campuses in Vaasa. Hanken’s donation is for the university in general and Åbo Akademi’s donation is allocated to technics.
In this year’s Talouselämä 500 survey, the KWH Group is the 120th largest company in Finland in terms of turnover. Our ranking has improved with one place since a year ago. Among others, Valmet Automotive and Schenker were placed after us. Among family businesses, we are ranked 14th largest in terms of turnover.
Prevex has been working hard on a major brand reform last year. The goal has been to create a modern brand that reflects the professionalism of the company. The guiding principles were the desire to continue to grow and the need to find new markets in Europe.
The KWH Group is restructuring the KWH Logistics division. Fr.o.m. 1.6.2021, KWH Freeze and KWH Logistics will become two separate and independent core divisions.
Mirka has finalized the acquisition of 100% of the shares of Superabrasive Dressing Rolls manufacturer URMA Rolls s.r.l.