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.
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.
The KWH Group was also hit hard by the Covid 19 -pandemic in the Spring 2020, but the situation improved sharply towards the end of the year. After the crash in the spring, our operations recovered strongly, operating profit was better than last year, and sales fell only by two per cent.
From this year on The KWH Group buys Guarantees of Origin (GOs) for electricity. It guarantees that all the electricity used by our Finnish subsidiaries are produced with hydropower. The guarantees cover all the electricity used since the beginning of 2021.
The current Head of Division of KWH Logistics and CEO of Oy Backman-Trummer Ab, Hannu Uusi-Pohjola, will move forward into retirement as of 1.5.2021. Forestry engineer, MBA Joakim Laxåback has been appointed his successor.
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.
Bachelor of Laws Teresa Laine-Puhakainen has been appointed lawyer in the KWH Group’s legal department from August 10, 2020.
The web page Vaasa Insider is publishing book about the KWH Group’s recent history for everybody to read.
The KWH Group is one of the few companies that a financial analytics professional has found to perform better than its peers – for five years in a row!
The KWH Group´s year 2019 was marked by record investments which totaled EUR 135 million. As some of the investments will be completed in 2020, this year’s investments will also be high.
The KWH Group is looking for an in-house lawyer to its headquarters in Vaasa.
Anna Aromäki has been appointed as a hostess in Keppo Mansion in Jepua from September 23rd.