YIT Corporation has agreed to acquire Electric Power Finland Oy's railway services business, aiming to enhance its railway infrastructure capabilities and offer comprehensive construction solutions in Finland.
Information on the Target
Electric Power Finland Oy, founded in 2007, is a prominent Finnish company specializing in delivering turnkey solutions for complex electrical construction and railway technical system projects. Its railway services division focuses on railway electrification and signaling device implementations, catering to services for tram, metro, and railway infrastructure projects. This strategic business unit is vital for enhancing railway construction capabilities in Finland.
With operational offices in Paimio, Turku, Espoo, and Oulu, Electric Power Finland generated an estimated revenue of approximately EUR 14 million in 2024. As a reputable player in the market, the company is committed to advancing technological solutions in electric power distribution while ensuring high-quality project execution.
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Industry Overview in Finland
The railway infrastructure industry in Finland plays a pivotal role in the country’s transport and logistics framework, supporting both passenger and freight travel. As a member of the European Union, Finland has made substantial investm
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Disclosed details
Revenue: $14M