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Olvi in brief

Olvi is a Finnish beverage company, which wants to offer beverage enjoyment for its consumers. Olvi has already produced beverages since 1878 in Iisalmi. Currently the company operates locally in Finland, the Baltic states, Denmark and Belarus.

Olvi in brief

  • Parent Company Olvi plc was founded in 1878
  • Net sales in 2023 630.6 MEUR
  • Number of employees 2,376 located in 6 countries.
  • The Olvi A share is quoted on the Main List of the NASDAQ OMX Helsinki Ltd.
  • The figures are based on the 2023 financial statements.
  • Olvi has three segments: Finland, the Baltic Sea region (Estonia, Latvia, Lithuania and Denmark) and Belarus.

Group structure

Finland

  • Sales volume 268.2 mltr
  • Net sales 229.3 meur
  • Adjusted operating profit 17.5 meur
  • 449 employees

Baltic Sea region

  • Sales volume 431.5 mltr
  • Net sales 296.6 meur
  • Adjusted operating profit 22.0 meur
  • 1,066 employees

Belarus

  • Sales volume 321.2 mltr
  • Net sales 135.3 meur
  • Adjusted operating profit 28.9 meur
  • 861 employees

Mission

To proudly provide moments of enjoyment

Values

Local
Positive
Respectful
Agile

Strategy

We aim for profitable growth and sustainable increase in shareholder value with our strong multi-local market position and our constantly evolving product range that meets local needs.​

​We seek growth mainly organically, but targeted acquisitions in Europe are also possible to accelerate growth.

Strategic choices

  • Profitable basic business
  • ​Wide product selection and multi-channel functionality​
  • International brands and partnerships
  • People, employee well-being
  • Responsibility
  • Effective utilisation of data

Vision

The most wanted multi-local beverage house

Story of Olvi Oyj

In 1878 Master Brewer William Gideon Åberg and his wife Onni founded a brewery in Iisalmi for the purpose of fighting drunkenness. In the spirit of the author Zacharias Topelius, they wanted to offer milder alternatives to citizens possessed by a lust for spirits. At that time, there were some 78 breweries in Finland. Olvi is the only one left in independent Finnish ownership.

Read more about Olvi’s story in olvi.fi pages