Finvacon Oy’s Internationalization Development Project
About the Project
Strengthening Finvacon’s International Growth in the Transformer and Electric Motor Markets
Key Objectives
Finvacon’s products serve the rapidly growing market segment of transformers and electric motors in the energy industry. The aim of the project was to strengthen Finvacon’s international competitiveness—even though the company is already known as a fast, high-quality, and flexible supplier compared to its competitors.
Funding Information
- Total budget: 467128 €
- EU funding: 117709 €
The project was divided into four focus areas:
- Clarifying the internationalization strategy
- Increasing market understanding
- Enhancing the international expertise of key personnel
- Improving production capacity to support growing external customer demand
Implementation Progress
Each area of the project delivered concrete results, laying a strong foundation for Finvacon’s long-term export growth.
