Author: admin

Mathias Norrback has joined as our Chief Operating Officer in March 2024. He will be responsible for increasing Finvacon’s productivity while performing across key areas such as purchase and logistics, shipping, and stock management.

He found Finvacon an interesting company both in terms of business area and growth potential. The energy industry is shifting towards more energy-efficient, greener, and renewable solutions. Referring to the fossil fuel phase-out and increasing market demand, he sees Finvacon’s strong potential to contribute to the European energy market that is self-dependent, sustainable, and sourced from clean energy.

His values align well with Finvacon’s commitment to sustainability and social responsibility model. Finvacon’s core objective is to create profitability to continue with the social responsibility we carry today.

Finvacon has transferred its laundry services to Eco-Wash. From now on Pesula is no more a part Finvacon’s business. The pesula services will run its operations at Eco-Wash at Kokkokalliontie 10, 65300 Vaasa.

We’ve recently taken a big step in expanding our business from two facilities to three.

Our metal production, including our Head office, has moved from Gneissinkuja to a larger, more modern facility in Runsor, Vaasa. The electric insulation production will remain in Strömberg Park, close to our assembly operations.

This relocation was crucial for the future since it provides more space and smarter facilities for our machines and procedures. Additionally, this move was essential for the growth we’ve experienced recently.

As you can see, we’ve spread out quite a bit. However, Finvacon’s core values, excellence in quality, and zero-fault principle remain the same.

It’s been a few days since we returned from 2024 CWIEME expo.

As we let the impression sink in, we can already look forward to 2024 as a year of growth, both internationally and internally.

We have achieved another milestone as our export activities continue to grow. And beyond that, our sustainability model continues to expand as our team gets bigger and more diverse with each passing year.

We are grateful to all our existing suppliers and customers with whom we continue strengthening our relationships. As the year progresses, we are excited to see what new opportunities and challenges lie ahead.

Thank you for making us the best we can be.

Looking back, it all turned out better than expected.

Last year was turbulent and brought many changes in the world, but you could still see companies and businesses growing and regaining a new foothold. Finvacon was no exception, and 2022 was generally an excellent year for us. We’ve gained new customers and strengthened our relations with old ones, which we are most grateful for.

The positive outcome of such growth is the possibility of employing more people. Being a company with a strong belief in social responsibilities, we see this growth as an opportunity to further expand and develop the Sustainability Model we’re recognized for. We’re humbled and thankful and will continue doing good work for customers and employees.

What is this so-called sustainability? What does it mean for a company to operate in a sustainable way? Who cares anyway?

Corporations use a lot of work and money to convince the public opinion about their level of sustainability. Comprehensive annual sustainability reports are written, seminars organized and people hired. Naturally these actions are steps forward to a better world, but my question is could sustainable actions be more concrete and organized more effectively than they are now?

For Finvacon sustainability and especially corporate social responsibility (CSR) are not marketing tricks, but the most important things in our strategy. Sustainability is also part of our daily routines: today we are an industrial, ISO certified company of 100 employees. Over 50 of these are with different kind of disabilities. However, we do not get much public funding, our success is based almost up to 100 % on income from our customers.

Our slogan “we believe in better work” reflects well our thoughts about work and society around us: by doing our work for customers as well as possible, we create new possibilities to employ special groups in the future, too and serve our society even better. We are masters of combining labour with normal and lower ability to work. We want to create “a new normal” by turning difference into excellence. The essential thought behind new normal is that it is perfectly normal to be a human being and employee with disabilities. Noboby’s perfect, we all have our deficiencies and we do fail sometimes!

Our model achieved a great acknowledgement in 2018 as we were awarded with the Global Outreach Award and Grand Prix at CWIEME exhibition in Berlin. A year earlier the Global Outreach Award was given to ABB for its University Partnership Program for Zambia. This Award is handed over to a company, group of employees or an individual in the industry who have taken their knowledge, electrical engineering capabilities and initiative to support others in a charitable or community outreach context.

We know that sustainability as a corporate theme is becoming more and more important. We wish that our customers and partners would have a courage to take a full advantage of our special knowledge and reputation in their sustainability activities. We really want to help other companies to implement and improve their sustainability performance. Let’s keep in touch!