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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 2022 583.7 MEUR
  • Number of employees 2,335 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 2022 financial statements.
  • Olvi changed its segment structure on 1 January 2022. The company now has three segments: Finland, the Baltic Sea region (Estonia, Latvia, Lithuania and Denmark) and Belarus.

Group structure

Finland

  • Sales volume 262.5 mltr
  • Net sales 206.7 meur
  • Adjusted operating profit 18.8 meur
  • 442 employees

Baltic Sea region

  • Sales volume 450.2 mltr
  • Net sales 269.8 meur
  • Adjusted operating profit 17.4 meur
  • 1,049 employees

Belarus

  • Sales volume 295.6 mltr
  • Net sales 138.8 meur
  • Adjusted operating profit 25.1 meur
  • 844 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