News & Insights
News
Stay informed with the latest news.
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Mika Verronen appointed CFO of Elcoline Group to strengthen growth strategy execution
Elcoline Group, specialising in industrial technical services, has appointed M.Sc. (Econ.) Mika Verronen as Chief Financial Officer and member of the Group Management Board, effective 1 October 2025. The appointment supports the Group’s growth strategy and strengthens financial cohesion across all group companies: Elcoline Oy and SSG Sahala Oy in…
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Elcoline streamlines corporate structure – Finland’s third largest industrial maintenance company prepares for its next growth leap
Elcoline Construction Oy, Elcoline Industrial Service Oy, and Elcoline Power Oy, all providers of versatile technical services and solutions for industry, will merge with Elcoline Oy on 1st September. This merger is part of a strategic transition toward a unified Elcoline brand, which more clearly communicates the company’s comprehensive service offering.…
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Elcoline Plant Service Oy’s business name has changed – the new name is Elcoline Oy
The name change is part of our strategy towards a unified Elcoline brand. The purpose of the name change is to clarify the structure of the Elcoline Group, as well as to communicate more clearly about our wide range of services. In accordance with our strategy, we are moving towards…
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Elcoline has started as maintenance service partner at ANDRITZ Warkaus Works Oy and ANDRITZ Savonlinna Works Oy Workshops
The cooperation between ANDRITZ Savonlinna Works, ANDRITZ Warkaus Works, and Elcoline has deepened through a service agreement signed earlier this year. In the photo: Antsu Kolari (right), Tapio Waris, Elina Engman, Antti Kettunen, Timo Rahikainen, and John Lahtinen. Photo: Elcoline As of July 1, 2025, Elcoline has officially started providing…
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5 reasons to modernise your control and protection systems
Reliably and precisely working turbine and generator control and protection systems are an important part in securing the performance of your rotating main equipment. These systems also play a key role when looking for more visibility, reliability, and safety. Even when carefully maintained, control and protection systems require upgrades and…
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Turbine control and protection systems should be included in the maintenance strategy
Turbine control and protection systems often age without notice, until one day they malfunction and cause disturbances in production. Power plant control systems should be seen as assets that produce added value and improve profitability rather than as support systems operating in the background. Effective control systems are an important…
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Repair, don’t replace – generators can continue serving decade after decade
A generator is a technically complex piece of machinery designed for long life. Repairing and modernising an existing generator rather than buying and manufacturing a new one, always makes sense – and it promotes sustainability. With attentive maintenance activities, generators can continue serving decade after decade. All operators in the…
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Mikko Kettunen a new member of the Board of Elcoline, an industrial growth company
The Annual General Meeting of Elcoline, a provider of technical services to industry in the Nordic countries, decided on 8 May 2025 to elect M.Sc. (Econ.) Mikko Kettunen as a new member of the Board of Directors. Kettunen’s term in the Board of Directors of Elcoline Group Oy will start…
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Elcoline helps ensure warm homes in Riihimäki
Riihimäen Kaukolämpö Oy produces district heat for 20,000 people in Riihimäki. Since 2021, Elcoline has been involved in making sure that there are no frostbites, faults or disturbances in the district heating plant. Elcoline is responsible for Riihimäen Kaukolämpö’s O&M functions, i.e. operation and maintenance. Elcoline’s task is to ensure…
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ANDRITZ Warkaus Works Oy and ANDRITZ Savonlinna Works Oy’s maintenance service partner changes
On 29 January 2025, ANDRITZ Warkaus Works Oy and ANDRITZ Savonlinna Works Oy have signed a service agreement with Elcoline Industrial Service Oy for the implementation of maintenance services. With the service agreement, Elcoline will be responsible for maintenance services for the Varkaus and Savonlinna workshops as of 1 July…
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The acquisition of Fortum’s Turbine and Generator Services (TGS) business has been completed – The acquisition strengthens Elcoline’s position as a Nordic provider of technical services to industry
With the acquisition, Elcoline will strengthen its position in the maintenance and repair of critical infrastructure, employing a total of nearly 1,000 professionals in Finland, Sweden and Germany. Elcoline strengthens its position as a provider of industrial technical services by acquiring Fortum’s Turbine and Generator Services (TGS). TGS focuses on…
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Elcoline continues to grow and acquires the Turbine and Generator Services from Fortum – The acquisition strengthens Elcoline’s position as a Nordic provider of technical services to industry
The transaction will strengthen Elcoline’s position as a provider of technical services to industry and expand its offering of critical infrastructure maintenance and repair services. The acquisition is in line with Elcoline’s growth strategy and will create new opportunities for customers and employees. Elcoline strengthens its position as a provider…
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Reija Mantila named Elcoline Groups new HR and HSEQ Director — Bringing strong expertise to support growth
Reija Mantila named Elcoline Groups new HR and HSEQ Director. She has long and diverse experience in the service business, particularly in managing HR processes and safety operations in industry. Photo by Elcoline. Reija Mantila joined Elcoline Group as its new HR & HSEQ Director on November 1, 2024. She…
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Elcoline’s new CEO Elina Engman has started in her position
Elcoline Group Oy’s CEO Elina Engman (centre) getting to know the company’s personnel and operations in Varkaus. HSEQ and HR Director Minna Hannula (left) and Development Director Jaakko Juvonen presenting the company’s operations. Photo: Elcoline. Elcoline Group Oy’s new CEO, Elina Engman has started in her position on September 1,…
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Petra Thorén to accelerate the implementation of Elcoline’s acquisition-driven strategy
Petra Thorén has started as the director responsible for M&A and strategy at Elcoline Group. Photo: Elcoline. Elcoline’s new M&A and Strategy director Petra Thorén has started in her position on 1.8.2024. Thorén is responsible for Elcoline Group’s M&A transactions in Finland and Sweden, as well as for implementing and…
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Tapio Waris appointed as the Finnish Country Manager of Elcoline Group
Elcoline, a Nordic specialist in industrial technical services, has appointed Tapio Waris as the Country Manager of Finland. Waris is an experienced industrial expert that will further develop and grow Elcoline’s operations. Photo: Elcoline. Tapio Waris has been appointed as the Finnish Country Manager of Elcoline Group, a company specializing…
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Elina Engman is the new CEO of Elcoline Group
Next autumn, Elina Engman will start as the new CEO of Elcoline, a Nordic company specializing in industrial technical services. Engman is a respected leader with comprehensive industrial experience. Photo: Elcoline The board of directors of Elcoline Group has appointed Elina Engman as the new CEO of the company. She…
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“Securing our future” – Elcoline supports the defence industry with industrial technical services
Elcoline operates in Sweden as a strong partner of the defence industry. Photo: Elcoline Maintaining the defence industry and investing in it are extremely important right now, with the world’s political situation more unstable than it has been in a long time. International tensions, regional conflicts and security threats have…
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The sale of SSG Sahala to Elcoline brings an opportunity to offer customers more comprehensive services
The sale of SSG Sahala to Elcoline Group has received the approval of the competition authority and official confirmation. SSG Sahala is part of Elcoline from 1 March 2024. SSG Sahala will continue to operate as normal as its own business unit. With the acquisition, Elcoline will employ a total…
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Elcoline Group purchases SSG Sahala – strengthens its position as one the leading producers of technical industrial services in the Nordics
Elcoline’s founder and board member Jouko Juvonen (left), SSG Sahala’s Chairman of the Board Jyrki Sahala, Elcoline’s founder and Chairman of the Board Jere Räisänen and Elcoline Group CEO Leif Backman. Photo: Elcoline Elcoline Group purchases SSG Sahala. By virtue of the acquisition, Elcoline will employ about 800 professionals in…
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Mikael Rissanen: “Our operational managers having S1 qualifications lends us credibility.”
Unit Manager Mikael Rissanen particularly appreciates the open discussion within his unit at Elcoline. Photo: Elcoline Unit Manager Mikael Rissanen is making his career plan a reality at Elcoline’s unit for Eastern Finland in Kuopio. Having worked summers and prepared a thesis for Elcoline, he managed to secure permanent employment…
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Elcoline’s fast rate of growth required an updating of the company’s management culture – manage uncertainty instead of certainty
The recent challenges, such as the component shortage and energy crisis, have not markedly slowed down Elcoline’s operations. Quite to the contrary, the Nordic company providing industrial maintenance and project business services boldly increased its size by purchasing the operations of a Swedish industrial business of about 140 people that…