Category: Company Press Release

Join Finvacon and help shape our people, culture, and future growth.

Finvacon Ltd is a Finnish industrial sub-contract manufacturer established in 1970. We produce high-quality components for world’s leading transformer and electric motor manufacturers. With approximately 80 employees and annual revenue of €8 million, our operations are certified according to ISO 9001, ISO 14001, EcoVadis, and APQP4Wind standards.

We are looking for an HR Specialist to support and develop our people processes across the entire employee lifecycle. In this role, you will work closely with management and employees to ensure effective HR operations, employee development, compliance, and workplace well-being in a modern manufacturing environment.

Key Responsibilities

• Manage recruitment, onboarding, and employee induction processes.
• Develop and maintain the competence matrix and personnel development plans.
• Coordinate annual HR activities, including performance reviews, training plans, and workforce planning.
• Support employee well-being, engagement, and occupational safety initiatives.
• Ensure compliance with Finnish labor legislation and applicable collective agreements.
• Maintain employee records and HR documentation.
• Support payroll-related administration, including working hours, absences, holidays, and timesheet verification.
• Provide guidance and support on employee relations and day-to-day HR matters.
• Participate in the continuous development and digitalization of HR processes and practices.
• Prepare HR reports and perform other administrative HR tasks as required.

What We Expect

• Minimum Bachelor’s degree in human resources, Business Administration, or a related field.
• Experience in HR administration and employee lifecycle management.
• Good understanding of Finnish labor law and practical application of collective agreements.
• Experience in recruitment, onboarding, employee development, and HR administration.
• Previous experience in a manufacturing or industrial environment is considered an advantage.
• Strong organizational and communication skills with a proactive, people-oriented approach.
• Ability to work independently while collaborating effectively across the organization.
• Excellent verbal and written competency in English, working knowledge of Finnish and Swedish, in addition to any other European language, is an advantage.

What We Offer

• A versatile HR role with broad responsibilities and opportunities for professional growth.
• The chance to influence HR practices, company culture, and employee development.
• A stable and growing company operating in the international energy and manufacturing sector.
• A supportive and collaborative working environment.

All applications and inquiries will be treated with strict confidentiality. The application period will be closed as soon as a suitable candidate has been selected, so apply at your earliest convenience. Please submit your application letter and CV to: rekry@finvacon.com.

For more information, please contact Kaj Sundén at +358 50 3859910 (July 14, Tuesday 10:00–11:00, or July 24, Friday 11:00–12:00).

When discussing transformer performance and reliability, attention often focuses on major components such as the core, windings, or tank. Yet some of the most critical elements are the electric insulation components that support the transformer’s internal structure and ensure long-term operational stability.

Among these materials, KP wood and other compressed wood insulation materials play a vital role in oil-filled transformers. These components are responsible for maintaining mechanical strength, supporting clamping structures, and preserving insulation integrity throughout the transformer’s service life, which may exceed 30 years.

The Critical Role of KP Wood in Oil-Filled Transformers

KP wood insulation components are widely used inside power transformers due to their excellent electrical and mechanical strength, various dimensional ranges, and compatibility with transformer oil. They are commonly machined into spacers, support blocks, rings, pressure elements, and customized structural parts that help secure the active part of the transformer.

Although these components may appear simple, they operate under demanding conditions. During short-circuit events, transformers can experience significant mechanical forces. Insulation components must withstand these stresses while maintaining their structural integrity and precise dimensions.

Even minor dimensional deviations can affect clamping pressure, assembly accuracy, and long-term transformer performance.

Why Material Standards Are Essential

The quality requirements for transformer wood insulation components extend far beyond appearance or basic machining accuracy.

High-quality transformer insulation materials must offer:

• Consistent density and mechanical strength
• Reliable compatibility with transformer oil
• Low moisture content
• Long-term dimensional stability
• Resistance to aging and degradation

Non-compliant materials can introduce moisture, particles, or chemical contaminants into the insulation system. These issues may remain undetected for years while gradually reducing transformer reliability and lifespan.

For transformer manufacturers, utilities, and grid operators, component quality directly impacts operational security and lifecycle costs.

Precision Machining: Where Quality Becomes Performance

Raw material quality is only one part of the equation. Precision machining determines whether insulation components perform as intended inside the transformer.

At Finvacon, we specialize in machining customized transformer insulation components according to customer-specific drawings and technical requirements. Our focus is on achieving the highest possible dimensional accuracy ensuring small details, reliable gluing performance, and quickest possible delivery accuracy.

Why we consider ourselves No.1 in ‘Transformer Wood Insulation Components Manufacturing’:

• Long-term expertise in wood process industry
• Wide range of wood insulation components for oil-filled transformers
• Raw material compliant with IEC standards and fast delivery
• Wide stock of wood insulation materials of various dimensions
• Dimensions and tolerances as per customer drawings
• In-depth knowledge of transformer wood materials and deep understanding of complex components’ structure
• Long-term partnership with transformer market leaders in Europe

Supporting Europe’s Leading Transformer Manufacturers

Finvacon serves some of Europe’s leading transformer manufacturers and energy technology companies. Our insulation components are used in applications where quality requirements are exceptionally high and non-conformances are simply not acceptable.

We maintain a carefully managed inventory of market-approved insulation materials, enabling efficient production and reliable deliveries. Combined with technical expertise, precision machining, and responsive customer support, this allows us to help our customers meet demanding project schedules and quality targets.

Our experience includes supplying insulation components for projects serving utilities, grid operators, renewable energy infrastructure, and industrial power systems across Europe.

The Future of Transformer Insulation Manufacturing

As the energy sector continues to evolve, transformers are being designed for higher voltages, increased efficiency, and faster project delivery schedules. These developments place even greater demands on insulation materials and component manufacturing.

Success depends on getting the fundamentals right: high-quality materials, precision machining, strict quality control, and close collaboration with customers.

At Finvacon, we believe that reliable transformer performance begins with reliable insulation components. By combining trusted transformer insulation materials with customized machining solutions, we help transformer manufacturers build equipment that performs safely and reliably for decades.

Finvacon is looking for a Production Manager in Vaasa.

In this position, you will be responsible for the day-to-day operational management of Finvacon’s two factories (Strömberg Park and Runsor) and act as a supervisor for production management, logistics manager, and purchasing coordinator. The total number of people in the organization you will manage is approximately 50.
 

Finvacon’s production mainly consists of wood industry processes and metal production. Wood material is used to manufacture, for example, electrical insulation products, and in metal production, e.g., components for oil-filled transformers are manufactured, and CNC machining of electric motors is carried out.

A key part of the role is production planning, scheduling, ensuring sufficient resources, and leading occupational safety efforts. You will also oversee machine maintenance together with external service partners and support the well-being of your teams. The Production Manager leads the production steering group, which reports directly to the company’s management team.

You will also participate in several ongoing and upcoming development projects, including:

• Implementation of a new MES system
• Building a continuous improvement model
• Utilizing AI agents in operations
• Construction of a new production facility
• Improving delivery reliability and quality through various initiatives

The organization is in a strong development phase, offering an opportunity to influence working methods, company culture, and the development of modern manufacturing operations.

What we expect from you

• Experience in industrial production management and supervisory work
• Knowledge of occupational safety practices
• Experience with MES/ERP systems and good Office 365 skills
• Experience in the continuous improvement model / 6S operations
• Experience in participating in quality system audits
• Ability to read and understand technical drawings
• Procurement experience (materials, tools, maintenance services)
• Basic knowledge of budgeting and cost monitoring
• Fluent Finnish and good English language skills
• A driver’s license and your own car (moving between workstations with km allowances)
• A relevant technical education or equivalent expertise gained through work experience
  
  

We consider it an advantage

• Experience in the wood and/or process industry, component manufacturing, assembly and/or metal production
• Experience in factory layout design
• Work methods and production skills
   

More information will be found at www.kojoka.fi website.

The position includes some business travel (for example, trade fairs within Europe). Salary will be negotiated based on experience and qualifications. The preferred start date is after the summer holiday period, during the autumn.

For more information, please contact Executive Search Consultant Jouko Karjalainen at +358 400 721 717 (Mon–Thu 7:00–17:00, Fri–Sun 10:00–14:00).

Please submit your application in the form of a CV only to: jouko@kojoka.fi

All inquiries and applications will be handled with strict confidentiality. The recruitment process will remain open until a suitable candidate is found.

Despite the recent global economic turmoil, Finvacon Ltd has found a solid niche in the highly specialized B2B market. Manufacturing insulation and metal components for transformers, Finvacon operates as a subcontractor for some of the world’s largest producers of transformers and electric motors. The company counts industry giants such as Hitachi Energy, Siemens Energy, and ABB among its key clients. 

According to CEO Kaj Sundén, the partnership with Hitachi Energy has been an important learning experience for the company.  

“Hitachi’s strict quality requirements in areas such as delivery reliability and quality control have pushed us to enhance our capabilities”, he explains. 

A unique history regarding social responsibility differentiates the company from many of its peers. Operations began in 1969 as a workshop, offering job opportunities for people with disabilities. Although the business has grown and expanded over the past decades, nearly half of the company’s employees still represent groups that otherwise may have difficulties finding employment. 

What may seem as a remarkable concept to most, Finvacon simply views it as the way things should be done.  

“It is just a part of our everyday business, just as it should be for a lot of other companies as well”, Sundén says, hoping to one day export this mindset to Europe. 

Read the full article here: https://www.coastline.fi/finvacon-proves-profitability-and-social-responsibility-can-go-hand-in-hand/

At Finvacon, it doesn’t matter what language you speak, where you come from or what challenges you face. Here, diversity and inclusion are a given. Iryna Bakalchuk and Gabriela Miranda have just had lunch at their workplace Finvacon. Iryna Bakalchuk started working there in October 2022, about six months after she came to Vaasa from the war in Ukraine.

Gabriela Miranda is from São Paulo, Brazil. She has lived in Finland for 16 years. She first lived in Helsinki. Three years ago she moved to Vaasa to study. Last year she did an internship at Finvacon and now has a permanent job as a CNC machinist.

“For us it’s completely natural, it’s in our DNA”, says Kaj Sundén, CEO of Finvacon. At Finvacon you don’t need to know Finnish, Swedish or even English to get a job. Kaj Sundén hopes that more companies will think the same way. The most important thing is not what language you know, but that you feel safe at work and that you trust each other and feel a sense of community.

We don’t think much about who works here. But people from outside have said that it’s a wonderful environment here, very different compared to other companies in the Vaasa region. Others notice things that we ourselves may not see.

“Courage” is one of Finvacon’s slogans, “new normal” is another – diversity should be a natural and obvious part of working life. The company wants to be a role model for others.

Read the full article here: https://www.vasabladet.fi/Artikel/Visa/887573?shareID=Mkw5ajRGQnlKVU94dm0vL2VtcDBxdz09

We are attending CWIEME Berlin 2026, 19-21 May. Register now to get your free ticket to CWIEME Berlin 2026 Exhibition – the world’s leading exhibition for transformers, electric motors, and e-mobility.

Find us at CWIEME Berlin 2026, Hall HUB 27, Booth 27F10, to learn more about our premium quality products for your sustainable energy needs, showcasing our expertise in transformer insulation and metal components. Our team will be showcasing expertise in transformer wood and a wide range of high-performance raw materials used in core production, winding, and assembly.

Discover our unique service for transformer insulation made of transformer wood, and other high-performance composite materials, such as HDLC and HDLP, pressboards (PSP), laminated pressboard, and Nomex. Register Here

We are attending Coiltech Deutschland 2026. Register now to get your free ticket to Coiltech Deutschland 2026 Exhibition – the Capital of Coil Winding.

Find us at booth 3-C17, from 25-26 March at Messe Augsburg (Exhibition Centre) – Am Messezentrum 5, 86159 Augsburg, Germany. Come to meet us and learn more about our premium quality products for your sustainable energy needs. Our team will be present there for 2 days to showcase our expertise in transformer insulation and metal components.

Discover our unique service for transformer insulation components made of transformer wood, and other high-performance composite materials, such as pressboards (PSP), laminated pressboard, and Nomex.

Register here for free – Register Here

When: March 25-26, 2026

Where: Messe Augsburg (Exhibition Centre) – Am Messezentrum 5, 86159 Augsburg, Germany

We are attending CWIEME Berlin 2025. Register now to get your free ticket to CWIEME Berlin 2025 Exhibition – the world’s leading exhibition for transformers, electric motors, and e-mobility.

Find us at CWIEME Berlin 2025, Hall HUB 27, Booth 27F10, to learn more about our premium quality products for your sustainable energy needs, showcasing our expertise in transformer insulation and metal components. Our team will be showcasing expertise in transformer wood and a wide range of high-performance raw materials used in core production, winding, and assembly.

Discover our unique service for transformer insulation made of transformer wood, and other high-performance composite materials, such as pressboards (PSP), laminated pressboard, and Nomex.

A group of 200 students, faculty members from different universities and X-culture team members visited Finvacon as part of the X-Culture Global Business Week 2025, held from August 3–9. The event was co-organized by the University of Vaasa and X-Culture, an international experimental learning project that involves 150 universities from 70 countries to exchange cultural experience through solving real-life business challenges. Participants worked in groups on company-specific tasks, and the event concluded with a Gala award ceremony following all presentations.

This international event brings students, academia and businesses together to co-create solutions in the field of clean energy, innovation, climate action and sustainable industries through meaningful collaboration.

After evaluating solutions presented by 7 different groups for Finvacon challenge, one group was selected for their practical business thinking and innovative solutions.

Thanks to the X-Culture team and co-organizer University of Vaasa for creating such an amazing experience to inspire and motivate us to continue our work on sustainability and green energy revolution.

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.