Discover the top 10 biggest companies in Finland by revenue in 2025, including Fortum, Neste, Nokia, Kesko, Stora Enso, UPM-Kymmene, KONE, Outokumpu, Nordea Bank, and Sampo. The total revenue of these companies is $54 billion.
1. Fortum
Industry: energy
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $11,340 Million
Stock symbol: FORTUM.HE
Fortum is a Finnish energy company headquartered in Espoo, Finland, founded in 1998. It operates in more than 40 countries, including Finland, Sweden, and Poland. The company’s main activities revolve around the generation, distribution, and sale of electricity and heat. Fortum also offers energy-related products and services, such as electric vehicle charging solutions and energy efficiency solutions. Some of its notable brands include Fortum Charge & Drive and Fortum Värme. In 2024-2025, Fortum has continued to focus on clean energy transition, expanding its wind and solar portfolio, and strengthening its position in the Nordic energy market.
2. Neste
Industry: energy
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $23,750 Million
Stock symbol: NESTE.HE
Neste is a Finnish company headquartered in Espoo, Finland, founded in 1948. It operates in over 30 countries worldwide. The company’s main activities revolve around refining and marketing renewable fuels, such as renewable diesel and sustainable aviation fuel. Neste also offers a range of renewable solutions for various industries, including renewable chemicals and plastics. Some of its well-known brands include Neste MY Renewable Diesel and Neste RE. In 2024-2025, Neste has further expanded its renewable products business, investing in new production capacity in Europe and the US.
3. Nokia
Industry: technology
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $23,010 Million
Stock symbol: NOK
Nokia, founded in 1865, is headquartered in Espoo, Finland. It operates in over 100 countries worldwide, making it a global company. Nokia’s main activities revolve around telecommunications, networking equipment, and technology solutions. They provide a wide range of products and services, including network infrastructure, software, and services. In 2024-2025, Nokia has accelerated its investments in 5G and 6G technologies, and has expanded its strategic partnerships in the enterprise and cloud networking sectors.
4. Kesko
Industry: retail
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $13,120 Million
Stock symbol: KESKOA.HE
Kesko is a Finnish company headquartered in Helsinki, founded in 1940. It operates in multiple countries, with operations in 8 countries. The company’s main activities include grocery trade, building and technical trade, and car trade. Kesko offers a wide range of products and services, including food, home improvement products, and automotive supplies. It also owns various brands such as K-Citymarket, K-Rauta, and K-Auto. In 2025, Kesko has increased its focus on digital retail and sustainability initiatives, including new investments in logistics automation and green energy for its stores.
5. Stora Enso
Industry: paper and forest products
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $11,900 Million
Stock symbol: STEAV.HE
Stora Enso, founded in 1998, is headquartered in Helsinki, Finland. It operates in over 30 countries worldwide, making it a truly global company. Stora Enso is primarily engaged in the production of renewable solutions in the areas of packaging, biomaterials, wooden construction, and paper. The company offers a wide range of products and services, including packaging materials, pulp, paper, and wood products. Some of its well-known brands include Cupforma, DuraSense, and Lumi. In 2024-2025, Stora Enso has continued to invest in circular bioeconomy and innovative packaging solutions, focusing on reducing plastic use.
6. UPM-Kymmene
Industry: basic materials
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $11,320 Million
Stock symbol: UPM.HE
UPM-Kymmene is headquartered in Helsinki, Finland and was founded in 1996. It operates in over 40 countries worldwide, making it a truly global company. UPM-Kymmene is primarily engaged in the production of paper, pulp, and other forest-based products. They also offer a range of services related to the forestry industry. Some of their well-known brands include UPM, Kymmene, and UPM ProFi. In 2025, UPM has advanced its biofuels and biochemicals business and opened a new biorefinery in Germany.
7. KONE
Industry: industrial goods
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $11,150 Million
Stock symbol: KNEBV.HE
KONE, founded in 1910, is headquartered in the city of Espoo, Finland. It operates in over 60 countries worldwide, making it a truly global company. KONE specializes in the manufacturing and maintenance of elevators, escalators, and automatic building doors. With a strong focus on innovation and sustainability, KONE has established itself as a leading provider of vertical transportation solutions. In 2025, KONE has launched new digital solutions for smart buildings and expanded its presence in the Asia-Pacific region.
8. Outokumpu
Industry: metal and mining
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $9,940 Million
Stock symbol: OUT1V.HE
Outokumpu is a multinational company with its headquarters in Helsinki, Finland. It was founded in 1932. The company operates in over 30 countries worldwide. Outokumpu is primarily engaged in the production and distribution of stainless steel. They offer a wide range of stainless steel products, services, and solutions for various industries such as construction, automotive, and energy. Outokumpu is known for its high-quality stainless steel brands like Forta, Supra, and Prodec. In 2024-2025, Outokumpu has increased its investments in low-carbon stainless steel production and recycling technologies.
9. Nordea Bank
Industry: financial services
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $10,700 Million
Stock symbol: NDA-FI.HE
Nordea Bank is headquartered in Helsinki, Finland and was founded in 2000. It operates in multiple countries, including Denmark, Finland, Norway, and Estonia, among others. Nordea Bank offers a wide range of financial services, including banking, investment, and insurance. It is known for its strong presence in the Nordic region and is one of the largest banks in Europe. In 2025, Nordea has expanded its digital banking services and strengthened its ESG (environmental, social, governance) offerings.
10. Sampo
Industry: financials
Revenue (2024: Q1; 2024: Q2, Q3, Q4): $6,930 Million
Stock symbol: SAMPO.HE
Sampo, founded in 1909, is headquartered in Helsinki, Finland. It operates in multiple countries, with a presence in over 20 countries worldwide. Sampo’s main activities include insurance and asset management. The company offers a range of products and services in these sectors, and it is known for its brands such as If, Mandatum, and Topdanmark. In 2024, Sampo completed the full separation of its banking business, focusing exclusively on insurance and asset management operations.
The combined revenue of Finland’s top 10 companies amounts to $123.16 billion
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