Valmet Corp (Valmet) is a developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. The company’s technology offerings include pulp mills, tissue, board and paper production lines and power plants for bioenergy production. Valmet’s product and service portfolio consists of productivity enhancing services, automation solutions, plant upgrades and rebuilds, and new cost-efficient equipment and solutions for optimizing energy and raw material usage. Valmet also offers filter fabrics and textiles for mining and chemical industries. The company sells its products through subsidiaries and distributors in the Americas, Europe, the Middle East, Africa and Asia-Pacific. Valmet is headquartered in Espoo, Finland.

Headquarters Finland

Address Pl 11 / Keilasatama 5, Espoo, 02151


Telephone 358 1 06720000

No of Employees 17,511

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange VALMT (HEL)

Revenue (2023) $4.7B 5.2% (2023 vs 2022)

EPS XXX

Net Income (2023) XXX 27.2% (2023 vs 2022)

Market Cap* $6.3B

Net Profit Margin (2022) XXX 21.0% (2023 vs 2022)

* As of and is in US$

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IT Services Contracts

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Products and Services

Products Services
Pulp and Energy Plant Improvements:
Wood Handling Machines Spare Parts and Components
Heat and Power Production Systems Tailored Production Consumables
XXX XXX
XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Others In January, the company announced to deliver boiler conversions and emission reduction solutions for Veolia Group’s Hungarian subsidiary CHP-Invest Kft at its power plant in Oroszlány, Hungary.
2023 Acquisitions/Mergers/Takeovers In January, the company completed the acquisition of NovaTech Automation’s Process Solutions business.
2023 Contracts/Agreements In January, the company entered into a contract to deliver bleached chemi-thermo mechanical pulp, evaporation and non-condensable gas technology as well as an extensive automation solutions package for Stora Enso’s Oulu mill in Finland.
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Competitor Comparison

Key Parameters Valmet Corp Honeywell International Inc ABB Ltd Andritz AG Voith GmbH & Co KGaA
Headquarters Finland United States of America Switzerland Austria Germany
City Espoo Charlotte Zuerich Graz Heidenheim
State/Province - North Carolina - - Baden-Wurttemberg
No. of Employees 17,511 99,000 104,400 27,428 20,634
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Mikael Makinen Chairman Executive Board 2019 66
Aaro Cantell Vice Chairman Executive Board 2018 57
Pasi Laine Chief Executive Officer; President Senior Management 2013 59
Katri Hokkanen Chief Financial Officer Senior Management 2022 -
Vesa Simola President - EMEA Senior Management - 55
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
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