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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.

Numbers are based on year 2017 information.

Olvi in brief

  • Parent Company Olvi plc was founded in 1878
  • Net sales 345.2 MEUR
  • Number of employees 1,783 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 (199.7 mltr)
  • 38% of net sales (131.5 meur)
  • 28% of operating profit (12.8 meur)
  • 337 employees

Estonia

AS A.Le Coq (1807)
  • 17% of sales volume (112.8 mltr)
  • 20% of net sales (73.8 meur)
  • 33% of operating profit (14.7 meur)
  • 327 employees

Latvia

A/S Cesu Alus (1590)
  • 11% of sales volume (76.3 mltr)
  • 10% of net sales (37.5 meur)
  • 10% of operating profit (4.4 meur)
  • 196 employees

Lithuania

Volfas Engelman (1853)
  • 12% of sales volume (85.4 mltr)
  • 11% of net sales (39.2 meur)
  • 8% of operating profit (3.4 meur)
  • 228 employees

Belarus

OAO Lidskoe Pivo (1876)
  • 30% of sales volume (196.4 mltr)
  • 21% of net sales (75.4 meur)
  • 21% of operating profit (9.4 meur)
  • 695 employees

Mission

Olvi creates positive drinking enjoyment

Values

Finnishness and localness
Responsibility
Positiveness
Customer focus

Strategy

Strengthening profitable growth and the market position, and innovative, demand-driven product development in selected markets – with alcoholic and non-alcoholic beverages.

Leveraging of new growth opportunities in current and new markets.

Operational efficiency, localness, responsibility, premium taste of the products, expert and motivated personnel and customer oriented decision making process are at the core of our strategy.

Strategic choices

  • Optimisation of production capacity
  • Learning-focused and competent personnel
  • A finger on the pulse and a step ahead
  • Product portfolio reflects demand
  • Leveraging the right growth opportunities
  • Maintaining and further developing own operational efficiency
  • Ensuring profitable growth
  • Industry’s leading practices in responsibility

Vision

To be the most attractive and respected Finnish 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

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