3.51
-0.28%
Close of 9 Nov 2026, in EUR
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About Kesla Oyj
Its shares trade on Nasdaq Helsinki under the ticker KELAS.HE. It has been listed since 21 July 1998. In the fiscal year to 31 December 2025, it reported revenue of €34.4m and a net loss of €4.5m. At that date it held total assets of €24.6m and shareholders' equity of €7.5m.
Kesla Oyj designs, manufactures, and markets forestry and material handling technology. The company is headquartered in Joensuu, Ita-Suomen. The firm operates within one business segment - the Forestry Equipment, which includes wood harvesting, processing and transport related equipment. The Company’s product line consists of conventional timber truck cranes, forest machine cranes, industrial and recycling cranes, loaders and logging trailers, wood chippers, harvester heads, stroke de-limbers and stroke processors. The Company’s production units are located in Joensuu, Kesalahti and Ilomantsi in eastern Finland and sales offices in Sinzheim, Germany and St Petersburg, Russia. The Company’s subsidiaries include MFG Components Oy, Kesla GmbH and OOO Kesla.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 21 Jul 1998
- Employees
- 252
- Website
- kesla.com ↗
Leadership
Pay as last reported
- Mr. Vesa TuomiChairman of the Board, since 2020
- Mr. Pasi NieminenPresident, Chief Executive Officer, Member of the Management Board
- Mr. Veli-Matti KarkkainenVice Chairman of the Board, since 2021€28,000
- Mr. Kaj KoskelaMember of the Management Board, Director of Sales and After-Marketing
- Mr. Jari JormanainenSupply Chain Director (Manufacturing, Quality and Sourcing), Member of the Management Board
- Mr. Ilkka MiettinenChief Financial Officer (Finance, Administration, ICT and HR), Member of the Management Board
- Mr. Tapio PirinenDirector - PMO and Kesla Defence, Member of the Management Board
- Mr. Jukka SadinmakiProduct Development Manager, Member of the Management Board
- Mr. Mika TahvanainenMember of the Management Board, Director - Product Management and Digitalization
- Mr. Jouni PaajanenDirector€3,000
- Ms. Sonja LondonIndependent Director
- Mr. Jussi RautiainenIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Kesla Oyj's production units in Joensuu, Kesalahti, and Ilomantsi support efficient manufacturing in eastern Finland.
- The company's product line includes conventional timber truck cranes and forest machine cranes for forestry operations.
- Kesla Oyj operates in the Machinery sector with a focus on forestry and material handling technology.
Weaknesses
- Kesla Oyj's sales offices in Sinzheim, Germany, and St Petersburg, Russia, may face regional market challenges.
- The company's single business segment limits diversification in the Industrials sector.
- Kesla Oyj's 252 employees may constrain scalability for larger market demands.
Opportunities
- Expanding into the Machinery sector's growing demand for forestry equipment in eastern Finland.
- Increasing sales through MFG Components Oy and Kesla GmbH subsidiaries in Europe.
- Leveraging the forestry equipment market in Russia with OOO Kesla subsidiary.
Threats
- Competition from other Machinery manufacturers in the forestry equipment market.
- Economic downturns affecting the forestry industry in Finland and Russia.
- Regulatory changes in the Machinery sector impacting production costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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