CFO Mika Verronen moves from Elcoline to new challenges | CFO Mika Verronen moves from Elcoline to new challenges

CFO Mika Verronen moves from Elcoline to new challenges

CFO Mika Verronen has decided to continue his career outside Elcoline. His last day of work is Friday, 14 November. Verronen has worked as the Group’s CFO and member of the Group Management Board since 1 October 2025.

Recruitment of a new CFO has started, and the appointment will be announced as soon as possible.

In the interim, financial matters are the responsibility of the financial departments of business operations and countries.

Additional information

Jere Räisänen, CEO (act.), Elcoline Group Oy

tel. +358 44 5599 144, jere.raisanen@elcoline.fi

Elcoline in brief

Industry keeps society running. Elcoline keeps the industry running.

Elcoline is a Finland-based growth company that delivers technical services to the industrial sector. The company operates in mining and metals, marine, energy, defense, and process industries in Finland and Sweden, as well as globally through long-term maintenance contracts.

Elcoline’s team of 1,000 professionals specialises in demanding industrial maintenance, servicing, and installation work, including condition monitoring as well as heat exchanger, turbine and generator maintenance and upgrades. Furthermore, specialised components for customer projects are manufactured in company’s own workshops. In 2025, Elcoline’s revenue will approximately be EUR 150 million. The company is owned by institutional investors Evli, Elo, Tesi, Arvo, as well as its founders and employees.

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