Turnover was EUR 145.8 (125.0) million. EBITDA was EUR 2.4 (-0.3) million. Operating profit was EUR -3.2 (-3.4) million. Operating profit excluding gains/losses from corporate arrangements and one-time impairments of non-current assets was EUR 1.7 (-3.4) million. The operating profit of the Voimatel Group was EUR -3.2 (-3.4) million. The operating profit of the Voimatel
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The network construction and infrastructure service company Elvera Oy and the electricity and information network company Voimatel Oy confirmed the acquisition of Voimatel’s electricity business on 28 March 2024. Voimatel’s electricity business was transferred to Elvera on 1 April 2024. The companies signed the agreement concerning the deal on 22 November 2023, and the Finnish
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Today, on February 23, 2024, the Finnish Competition and Consumer Authority has approved the agreement between the network construction and infrastructure service company Elvera Oy and the electricity and information network company Voimatel Oy regarding the asset deal concerning the electricity network business of Voimatel Oy. Elvera and Voimatel signed the asset deal on 22
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  Today, 22 November 2023, we have signed an asset deal, in which our electricity network business will be transferred to Elvera, a company that provides network construction and infrastructure services. The deal is still subject to the approval of the Finnish Competition and Consumer Authority. We will inform of the progress in the matter
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Read more https://enersense.com/releases/enersense-acquires-voimatel-oy-a-company-specialising-in-critical-infrastructure-and-energy-services-with-a-share-exchange-and-also-implements-a-directed-share-issue-to-kpy-co-operative/

The company made a second consecutive year of operations with positive profitability in 2021, despite some challenges with the operating environment. In 2021, the Group’s turnover was EUR 133.1 million, compared to EUR 140.8 million a year earlier. The company’s operating profit did not reach the previous year’s level, but it remained positive at EUR
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Voimatel has acquired Datasilta Oy. With the transaction, Voimatel bolsters its expertise as a telecommunications and energy service provider and increases its presence in the Helsinki metropolitan area. The trade sale enables Voimatel to expand its service portfolio. Datasilta offers telecommunication services, solar power solutions and charging solutions for electric vehicles, antenna-related services, and security
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400,000 Elenia customers to have smart new-generation electricity meters Voimatel will install smart new-generation electricity meters for 400,000 customers of Elenia. The renewal project of the electricity meters covers Elenia’s entire network area and will continue until early 2025. Most of the meters in use now are reaching the end of their life cycle. The
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Voimatel’s revenue and profits increased despite the partially challenging operating environment.  In 2020, the Group generated a revenue of EUR 141.3 million compared to EUR 113.8 million in 2019, up 24% on the previous year. The profit earned by the company improved substantially to EUR 4.4 million in 2020. In 2019, the company incurred a
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Working together with Elenia, Voimatel is about to reform energy consumption metering by replacing old electricity meters with new generation smart devices. The meters will be supplied by Aidon Oy, a Finnish company. Preparatory work for the replacement of the electricity meters will begin during the latter part of the year, and the main focus of
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Up to the top, virtually! That’s right. Voimatel offers the opportunity to climb up a mast in complete safety with both feet firmly planted on the ground. Our pilot project for making use of virtual reality in induction to working on a mast at height is proceeding according to plan. The application, implemented in collaboration
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Riikka Makkonen has been appointed CFO at Voimatel and a new member of the management team starting from 3rd of August 2020. Riikka comes to Voimatel from Suur-Savon Sähkö and Lumme Energia, where she has worked as a Business Controller. Riikka has been previously responsible for financial administration and worked as a Financial Manager at
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Voimatel’s revenue declined and profitability suffered in challenging market conditions. In 2019, the Group generated a revenue of EUR 113.5 million compared to EUR 128.8 million in 2018, a fall of 9% year-on-year. The company’s operating loss in 2019 amounted to -EUR 5.3 million while the corresponding figure for the previous year was EUR -1.5
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All our functions are operating normally at the moment. However, we are constantly monitoring the situation and prepared to react swiftly to any new developments during the epidemic as necessary. At the same time, we are operating in accordance with decisions made by the Government of Finland, observing the instructions and recommendations issued by the authorities.
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Thank you for the pleasant cooperation this year. We wish you a Merry Christmas and a Happy New Year!    

Voimatel has signed a service agreement with a Finnish telecom operator. The duration of the contract is 3 years and the value of the contract is approximately EUR 27 million. The agreement includes planning and design, construction and maintenance services for mobile and backbone / access networks.   More information: Jari Keskilohko, jari.keskilohko@voimatel.fi +358 44 793 8832 or
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This Christmas we donate to charity instead of giving Christmas presents. Based on the voting results of our employees, we  support the activities of the Tukikummit foundation to prevent the social exclusion of young people www.tukikummit.fi It matters wheather a young person´s life matters.    

  This industry has been experiencing a decline in its electrical safety culture for some years now. More and more trust has been placed on subcontractors’ expertise, and briefings and orientation have been reduced due to tight schedules. Subcontractors have been tasked with more jobs and responsibility over their own safety. They have even purchased
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Cooperation negotiations at Voimatel Oy have been completed. The company’s future organisation will include four business units: Distribution Networks, IT Networks, New Services and Managed Services. The changes will take effect on 5 September 2019. As a result of the negotiations, the company will make staff reductions affecting a maximum of 75 people instead of
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Voimatel has announced it will commence cooperation negotiations to address declining profitability following the failure of efforts over the past four years to improve the company’s performance. The company’s current operating model and cost structure are not compatible with maintaining competitiveness in a challenging market, with productivity also failing to match the increased competition within
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Voimatel has announced it has entered into an agreement with Rauman Energia Sähköverkko to upgrade the electricity distribution network in Rauma’s Nikula district. The project also comprises fibre optic cable installation for parent company Rauman Energia. The venture will additionally be joined by the City of Rauma as the local authority seeks to upgrade the
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For the fourth time, Caruna has awarded its contractors and subcontractors for outstanding contributions to occupational safety. This year’s award criteria emphasised safety attitude and reliable partnership. The award was given to three outstanding partners. In addition to Maanrakennus Ohtamaa Oy, the prizes were awarded to Koneurakointi Kivistö Oy and ELTEL Networks Oy’s electrician team.
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Timo Rask was appointed the Managing Director of Voimatel Oy, a subsidiary of KPY, a Kuopio-based group of companies, as of 9 January 2019. Previously, Rask has served as the Managing Director of Normet Oy. – Voimatel Oy and the entire industry are undergoing a period of robust growth and development. We consider it important
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We have restructured our organisation and consequently also our management team. New people have been appointed to various positions and responsibilities updated. We have kept the organisation structure flat and agile in order to serve our customers as efficiently as possible. The new structure supports both the production of existing services and the development of
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Rejlers acquired Voimatel Oy’s measurement service business. The agreement transfers all Voimatel’s automatic meter reading and processing related services for distribution network companies to Rejlers. The agreement also covers service and production system purchase agreements, as well as one employee. – We wanted to strengthen our measurement services and gain more know-how in collecting distribution
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Voimatel continuously develops new methods to increase its production efficiency. The use of drones for grid inspections and fault management is a currently available method for us today. At Voimatel we have already tested them in practice and developed their use as part of our grid inspection and fault management procedures. We have worked as
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Voimatel Oy has concluded a significant contract agreement with KSS Networks to renovate the regional grid in the Tähteenranta area at Kouvola, Finland. Through this deal Voimatel significantly extends its business with KSS Networks, to include distribution network operations in addition to the existing maintenance service agreement on substations. The contract consists of building a
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Timo Rask was appointed to the Board of Directors of Voimatel Oy, a subsidiary of KPY, a Kuopio-based group of companies, as of 9 November 2018. According to the Chair of KPY’s Board Tarja Tikkanen, Voimatel is undergoing a period of robust growth and development which also calls for major inputs by the Board. “We
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Jukka Laakkonen, BA (Eng.), was appointed Chair of the Board of Directors of Voimatel Oy, a subsidiary of the Kuopio-based KPY Group, as of 8 October 2018. He has served on Voimatel Oy’s Board since May this year. According to the Chair of KPY’s Board Tarja Tikkanen, Voimatel is undergoing a period of robust growth
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Voimatel has expanded its range of services to the performance of partial discharge (PD) measurements on underground cables in electricity distribution networks. Voimatel’s Grid Services have acquired PD measurement equipment which has been used by the Pohjanmaa team since last spring. PD measurements are complementary to standard commissioning tests and are also carried out on
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Matias Åbro (left), responsible for procurement at Vaasan Sähköverkko, and Jari Nurmenrinta (right), Voimatel’s Area Manager responsible for electricity networks in Western Finland, were present at the signing of the agreement. Voimatel and Vaasan Sähköverkko Oy have signed a major agreement for the construction and maintenance of an electricity network as well as on-call service
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Blood donation is a tangible and easy way to help your fellow human beings! Patients in Finland need the assistance of almost 1,000 blood donors every day, and one donation can help up to three patients. Blood products are needed for treating patients such as surgical patients, accident victims, cancer patients and preterm babies. By
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