KWH Group Ltd has today signed an agreement to sell its 44.7% shareholding in Uponor Infra Oy to Uponor Oyj.
The KWH Group’s Annual General Meeting at the end of April made changes to the Board of Directors.
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.
We are looking for a cheerful and service-minded hostess or host for Jepua to take care of the guests of Keppo Mansion.
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.
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.