KWH Group
Finnish multi-industry company / From Wikipedia, the free encyclopedia
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KWH Group Ltd (Finnish: KWH-yhtymä Oy, Swedish: KWH-koncernen Ab)[3] is one of Finland's largest companies in abrasives, logistics services and plastics. It is headquartered in Vaasa, Finland.
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Native name | Finnish: KWH-yhtymä Oy Swedish: KWH-koncernen Ab |
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Company type | Private |
Industry | Conglomerate |
Founded | 1929; 95 years ago (1929) |
Headquarters | Vaasa, Finland |
Key people | Henrik Höglund, Chairman Kjell Antus, President Stefan Sjöberg (Mirka) Joakim Laxåback (KWH Logistics) Peter Lång (KWH Freeze) Marko Nylund (Prevex) |
Products | Abrasives, logistics services, real estate holdings, plastic plumbing products |
Revenue | 592.8 million euros (2021)[1] |
45.0 million euro (2019) | |
35.3 million euro (2019)[2] | |
Number of employees | 2363 (2019) |
Website | www |
From a modest start in the timber industry, KWH Group grew to be the biggest timber exporter in Finland by 1939, accounting for 26% of the country's total lumber exports and some 20% of pulpwood exports[4] [citation needed]. The company was the world's largest fox and mink fur producer in the 1960s and 1970s, producing approximately 10% of all Finnish mink furs, equivalent to 2% of world production in 1973.[5]
After expanding into plastics production in the 1950s, the company was the first in Finland to manufacture expanded polystyrene sheets with its brand name Styrox. Establishing a niche in plastic pipe manufacturing, the company was the first in the world to manufacture a 600 mm (24 in) diameter pipe in 1964, thereby gaining international recognition.[6]
Today, the Mirka Group (previously KWH Mirka Group until 2016) is one of the largest manufacturers of "flexible abrasives materials" in the world.[7] It is headquartered in Vaasa, Finland.[8]