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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 2021 462.2 MEUR
  • Number of employees 2,111 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 2021 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

  • 30% of sales volume (258.1 mltr)
  • 41% of net sales (192.7 meur)
  • 41% of operating profit (25.2 meur)
  • 416 employees

Baltic Sea region

  • 37% of sales volume (326.8 mltr)
  • 38% of net sales (178.0 meur)
  • 35% of operating profit (21.6 meur)
  • 824 employees

Belarus

  • 33% of sales volume (283.3 mltr)
  • 21% of net sales (98.4 meur)
  • 24% of operating profit (14.5 meur)
  • 832 employees

Mission

Olvi creates positive and enjoyable beverage experiences

Values

Responsibility
Local presence
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

  • Strong market position and an evolving wide product portfolio in alcoholic and non-alcoholic products
  • Motivated, learning-oriented and highly competent employees
  • Demand-driven and innovative product development
  • Continuous development of efficiency
  • Customer-oriented and data-driven decision-making
  • Profitable growth
  • Leading sustainability practices in the brewing and beverage industry
  • Digital development and innovative use of data
  • Synergies within the Group

Vision

The preferred brewery, which offers a wide selection of beverages

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