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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, Belarus and the Baltic states.

Olvi in brief

  • Parent Company Olvi plc was founded in 1878
  • Net sales in 2019 408,7 MEUR
  • Number of employees 1,837 located in 5 countries.
  • The Olvi A share is quoted on the Main List of the NASDAQ OMX Helsinki Ltd.

Group structure

Finland

Olvi Oyj (1878)
  • 30% of sales volume (219.3 mltr)
  • 41% of net sales (169.1 meur)
  • 36% of operating profit (18.7 meur)
  • 386 employees

Estonia

AS A.Le Coq (1807)
  • 15% of sales volume (109.5 mltr)
  • 17% of net sales (71.3 meur)
  • 27% of operating profit (14.3 meur)
  • 311 employees

Latvia

A/S Cesu Alus (1590)
  • 9% of sales volume (70.9 mltr)
  • 9% of net sales (38.9 meur)
  • 7% of operating profit (4.3 meur)
  • 195 employees

Lithuania

Volfas Engelman (1853)
  • 14% of sales volume (107.6 mltr)
  • 11% of net sales (49.3 meur)
  • 6% of operating profit (3.7 meur)
  • 230 employees

Belarus

OAO Lidskoe Pivo (1876)
  • 32% of sales volume (233.1 mltr)
  • 22% of net sales (90.8 meur)
  • 24% of operating profit (12.8 meur)
  • 715 employees

Mission

Olvi creates positive drinking enjoyment

Values

Finnish and local
Responsibility
Positivity
Customer focus

Strategy

Olvi Group focuses on developing and organically growing its current multi-beverage business, as well as on enabling non-organic growth.

We are strengthening profitable growth and our market position with innovative, demand-driven products in selected markets – with alcoholic and non-alcoholic beverages and new growth opportunities in current and new markets.

Strategic choices

  • Maintaining and further developing our operational efficiency
  • Strong market position for our main products
  • Motivated, learning-focused and skilled personnel
  • A finger on the pulse and a step ahead
  • Demand-driven product portfolio
  • Industry-leading practices in responsibility
  • Innovative world-class product development
  • Great-tasting products
  • Customer-oriented decision-making
  • Strong Olvi portfolio and representation brand portfolio
  • Finding group synergies

Vision

To be the most attractive and respected multi-beverage company

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

Olvi Oyj käyttää evästeitä käyttäjäkokemuksen parantamiseen. Jatkamalla selaamista hyväksyt tietosuoja- ja evästekäytäntömme. Lue lisää

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