About Us

Harjavalta Group, officially Harjavalta Oy, is a Finnish family office founded in 1920. Today, we are one of the leading construction groups in Finland. The company seeks to create long-term value by growing its portfolio companies and by investing in new business areas that are internationally scalable and have megatrends as drivers.

Today Harjavalta Group has a broad portfolio of companies and investments:

Puustelli Group Oy

Puustelli is the largest and the best recognised brand of fitted kitchens in Finland. Puustelli has its own Puustelli-full-service B2C-stores in Finland, Sweden and Estonia, and is also a leading supplier of kitchens to construction firms and manufacturers of prefabricated houses in Finland. Puustelli’s high-quality offering includes the patented ecological Puustelli Miinus kitchen, which Puustelli exports also to the UK and USA.

Puustelli’s manufacturing site is located in Harjavalta, Finland. Puustelli Group’s revenue was €100 million in 2023 and it employed approximately 390 people.

Read more about Puustelli:
https://www.puustelli.com

Kastelli Group Oy

Kastelli is a leading manufacturer and the best recognised brand of pre-fabricated single-family houses in Finland. The company offers a nationwide sales, delivery and installation service and the offering includes ecological wood and log houses. To meet the urbanisation trend, Kastelli also offers terraced homes and projects under the Kastelli Easyin brand.

Kastelli Group’s revenue was €85 million in 2023 and it employed approximately 150 people.

Read more about Kastelli:
www.kastelli.fi
www.easyin.fi

Lainaanhelmi apartment house at Rovaniemi at winter

Lapti Group Oy

Lapti’s business covers residential, service and business premises construction as well as real estate development in Finland. Residential construction focuses on affordable and premium housing created by own project development in Finland’s largest growth centres. Lapti Group has significant operations in the construction of schools, child daycare properties and healthcare properties as well as in office and commercial premises.

Lapti Group’s revenue was €227 million in 2023 and it employed approximately 500 people.

Nordec Group Oy

Nordec is one of the leading providers of steel frame structures for buildings, facades and steel bridges in the Nordic and CEE countries. Nordec’s more than 40 years of experience in designing, fabricating and installing frame structures makes it a trusted partner in the most demanding, high-quality construction projects. Nordec’s expertise includes steel frame structures for single-, multi-storey and industrial buildings as well as bridge structures. Nordec is a strong constructor of green transition and digitalisation projects in Europe. The company’s name highlights its Nordic roots and strong expertise in design, engineering and construction.

Nordec’s factories are located in Finland, Lithuania and Poland. Nordec Group’s revenue was €329 million in 2023 and it employed approximately 630 people.

Harjavalta Ventures Oy

Harjavalta Group invests in companies in early stages through Harjavalta Ventures Oy. We believe that startups play an essential role in discovering new technologies and concepts towards a more sustainable and healthier world. We offer startups not only investment, but also our century-long experience in entrepreneurship, industrial background and networks.

In startups, our focus is especially in business areas outside the construction industry.

Investments in listed companies

According to our strategy, we have long-term ownerships in listed companies on Nasdaq Helsinki. Key investments are listed below.

Kreate Group Oyj

Kreate is a Finland-based infrastructure construction company that particularly focuses on executing projects that are technically challenging or that require special expertise. The company’s offering includes services in the fields of transport infrastructure construction, structural engineering and the circular economy. Kreate provides versatile solutions for bridges, roads and railways, environmental and foundation construction, the circular economy and geotechnical needs.

Kreate Group’s revenue was €320 million in 2023 and it employed over 450 people.

Kreate Group Oyj is listed on Nasdaq Helsinki. Harjavalta Group owns 19.85% of Kreate Group Oyj and is its largest shareholder.

EcoUp Oyj

EcoUp promotes green construction by developing and manufacturing construction products and raw materials from discarded materials. The company offers technology for converting construction and demolition waste into reusable geopolymers. In addition to the main business, aftermarket service, support and maintenance are offered.

EcoUp Oyj’s revenue was €31 million in 2023 and it employed 180 people.

EcoUp Oyj is listed on Nasdaq Helsinki. Harjavalta Group owns 6.2 % of EcoUp Oyj.