// FINLAND · INDUSTRY
Data updated 19 June 2026
Energy & Utility Companies in Finland
Companies
2,282
Market
Finland
The Energy & Utility sector in Finland comprises 2,282 companies across 4 sub-industries. Its largest sub-industry is Production of electricity from hydropower (1,839 companies), and the highest-revenue company is Fortum Power and Heat Oy. This page breaks the energy and utilities market down by sub-industry, company size and revenue, and lists the 50 largest companies in Finland by revenue. Data last updated 19 June 2026.
Compare with the Nordic-wide electricity market, or browse all Finland industries.
Summary: key data points for Energy & Utility in Finland
- Total companies: 2,282
- Sub-industries: 4
- Largest sub-industry: Production of electricity from hydropower — 1,839 companies (80.6% of the sector)
- Second largest: Trade in electricity — 254 companies
- Third largest: Trade in gas through pipelines — 95 companies
- Companies with reported revenue: 1,075
- Companies with €10M+ revenue: 203
- Companies with reported headcount: 1,396
- Larger employers (100+ staff): 26
Energy & Utility in Finland by sub-industry
| Sub-industry | Companies | % of sector |
|---|---|---|
| Production of electricity from hydropower | 1,839 | 80.6% |
| Trade in electricity | 254 | 11.1% |
| Trade in gas through pipelines | 95 | 4.2% |
| Distribution of electricity | 94 | 4.1% |
Company size — Energy & Utility in Finland
Based on the 1,396 energy and utilities companies in Finland with reported employee figures.
| Employees | Companies | % of reported |
|---|---|---|
| 1–10 | 1,219 | 87.3% |
| 11–49 | 123 | 8.8% |
| 50–99 | 28 | 2.0% |
| 100–199 | 18 | 1.3% |
| 200–499 | 4 | 0.3% |
| 500+ | 4 | 0.3% |
The sector is dominated by small firms — 87.3% of companies with reported headcount have 1–10 employees. At the other end, 26 companies employ 100+ people and represent the high-value enterprise accounts.
Revenue distribution — Energy & Utility in Finland
Based on the 1,075 energy and utilities companies in Finland with reported revenue.
| Revenue band | Companies | % of reported |
|---|---|---|
| €0–100k | 278 | 25.9% |
| €100k–200k | 108 | 10.0% |
| €200k–500k | 110 | 10.2% |
| €500k–1M | 79 | 7.3% |
| €1M–10M | 297 | 27.6% |
| €10M–100M | 168 | 15.6% |
| €100M+ | 35 | 3.3% |
Top 50 Energy & Utility companies in Finland by revenue
| Business ID | Company | Website | Employees | Revenue | Sub-industry |
|---|---|---|---|---|---|
| 0109160-2 | Fortum Power and Heat Oy | fortum.fi | 500+ | €1.9B | Production of electricity from hydropower |
| 2630573-4 | Helen Oy | helen.fi | 500+ | €1.4B | Production of electricity from hydropower |
| 1072894-3 | Fingrid Oyj | fingrid.fi | 500+ | €1.1B | Production of electricity from hydropower |
| 0196656-0 | Teollisuuden Voima Oyj | tvo.fi | 500+ | €897.4M | Production of electricity from hydropower |
| 1842073-2 | Vattenfall Oy | vattenfall.fi | 50–99 | €754.7M | Trade in electricity |
| 0210161-4 | Pohjolan Voima Oyj | pohjolanvoima.fi | 11–49 | €748.1M | Trade in electricity |
| 2760639-5 | UPM Energy Oy | upmenergy.com | 50–99 | €585.4M | Production of electricity from hydropower |
| 1852328-0 | Fortum Markets Oy | fortum.fi | 100–199 | €508.5M | Trade in electricity |
| 1618314-7 | Caruna Oy | caruna.fi | 100–199 | €424.3M | Production of electricity from hydropower |
| 1703296-5 | Oomi Palvelut Oy | oulunsahkonmyynti.fi | — | €394.5M | Trade in electricity |
| 3101315-4 | Oomi Oy | oomi.fi | 50–99 | €374.0M | Trade in electricity |
| 3001882-6 | Elenia Verkko Oyj | elenia.fi | 50–99 | €348.8M | Production of electricity from hydropower |
| 0984944-9 | Oy Turku Energia-Åbo Energi Ab | turkuenergia.fi | 200–499 | €333.2M | Distribution of electricity |
| 2038931-6 | Lumme Energia Oy | lumme-energia.fi | 11–49 | €314.6M | Trade in electricity |
| 2116967-3 | Mind Energy Oy | energiasuomi.fi | 1–10 | €303.6M | Trade in electricity |
| 2923655-1 | Väre Oy | vare.fi | 50–99 | €252.0M | Trade in electricity |
| 0989376-5 | Oulun Energia Oy | oulunenergia.fi | 200–499 | €245.0M | Production of electricity from hydropower |
| 2709525-7 | Kilpilahden Voimalaitos Oy | kilpilahtipowerplant.com | 1–10 | €234.1M | Production of electricity from hydropower |
| 0124461-3 | Vantaan Energia Oy | vantaanenergia.fi | 200–499 | €233.5M | Production of electricity from hydropower |
| 2379598-5 | Adven Oy | adven.fi | 100–199 | €194.3M | Production of electricity from hydropower |
| 0153791-8 | Tampereen Energia Oy | sahkolaitos.fi | 100–199 | €193.0M | Production of electricity from hydropower |
| 0209628-8 | Vaasan Sähkö Oy | vaasansahko.fi | 100–199 | €184.5M | Trade in electricity |
| 1071200-1 | Alva-yhtiöt Oy | alva.fi | 200–499 | €178.1M | Production of electricity from hydropower |
| 0216734-9 | EPV Energia Oy | epv.fi | 50–99 | €174.3M | Trade in electricity |
| 1730092-3 | Turun Seudun Energiantuotanto Oy | tset.fi | 1–10 | €170.1M | Production of electricity from hydropower |
| 2035428-7 | Helen Sähköverkko Oy | helensahkoverkko.fi | 50–99 | €145.5M | Production of electricity from hydropower |
| 0804847-1 | Lahti Energia Oy | lahtienergia.fi | 100–199 | €136.9M | Production of electricity from hydropower |
| 0171351-2 | Savon Voima Oyj | savonvoima.fi | 100–199 | €134.7M | Distribution of electricity |
| 2558846-1 | EPV Tase Oy | epv.fi | 1–10 | €128.9M | Trade in electricity |
| 2941135-6 | Loimua Oy | loimua.fi | 100–199 | €114.7M | Production of electricity from hydropower |
| 2071638-0 | PKS Sähkönsiirto Oy | pks.fi | 11–49 | €111.8M | Production of electricity from hydropower |
| 0790442-4 | Pori Energia Oy | porienergia.fi | 100–199 | €104.3M | Production of electricity from hydropower |
| 2064700-4 | Kuopion Energia Oy | kuopionenergia.fi | 100–199 | €103.4M | Production of electricity from hydropower |
| 0180010-6 | Oy Herrfors Ab | katterno.fi | 50–99 | €103.1M | Production of electricity from hydropower |
| 2078265-2 | Savon Voima Verkko Oy | savonvoima.fi | 11–49 | €102.3M | Production of electricity from hydropower |
| 0214732-1 | Pohjois-Karjalan Sähkö Oy | pks.fi | 50–99 | €99.2M | Trade in electricity |
| 3167451-8 | Nevel Oy | nevel.com | 100–199 | €94.8M | Production of electricity from hydropower |
| 0974008-0 | Seinäjoen Energia Oy | seinajoenenergia.fi | 50–99 | €94.0M | Distribution of electricity |
| 0192171-7 | Kemijoki Oy | kemijoki.fi | 11–49 | €92.6M | Production of electricity from hydropower |
| 2717028-8 | KotkaGas Oy | kotkanenergia.fi | — | €91.0M | Trade in gas through pipelines |
| 2727327-9 | Enersense Services Oyj | empower.eu | 11–49 | €90.7M | Production of electricity from hydropower |
| 0953707-4 | Kymppivoima Oy | kymppivoima.fi | 1–10 | €90.0M | Trade in electricity |
| 2033847-1 | Jyväskylän Voima Oy | alva.fi | 1–10 | €88.5M | Production of electricity from hydropower |
| 0891026-0 | Keravan Energia Oy | keravanenergia.fi | 50–99 | €88.0M | Distribution of electricity |
| 0158738-4 | Oy Mankala Ab | helen.fi | 1–10 | €87.6M | Production of electricity from hydropower |
| 2059588-1 | Caruna Espoo Oy | caruna.fi | 1–10 | €87.2M | Distribution of electricity |
| 0981408-6 | Järvi-Suomen Energia Oy | sssoy.fi | 11–49 | €86.6M | Production of electricity from hydropower |
| 3202810-4 | Ignitis Suomi Oy | ignitis.fi | 1–10 | €84.8M | Trade in electricity |
| 2234108-4 | Axpo Finland Oy | axpo.com | 1–10 | €74.3M | Trade in electricity |
| 2336983-9 | S-Voima Oy | sok.fi | 1–10 | €73.4M | Trade in electricity |
How to sell to Energy & Utility companies in Finland
- Micro-business heavy: 87.3% of firms with reported headcount have 1–10 staff — keep offers simple, fast to adopt, and priced for small teams.
- Enterprise tier: 26 companies have 100+ employees — these are your high-ACV accounts that warrant named-account outbound.
- Revenue concentration: 203 companies report €10M+ revenue and concentrate most of the sector's buying power.
- Segment your list: the sector splits across 4 sub-industries led by Production of electricity from hydropower — target by sub-industry rather than the sector as a whole.
- Reach the decision-makers: Nordic Lead Database provides verified emails and direct phone numbers for executives at Finland's energy and utilities companies.
Energy & Utility across the Nordics
Compare the energy & utility sector in Finland with the other Nordic markets.
Buy the full Energy & Utility dataset for Finland
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Book a meetingFrequently Asked Questions
How many energy and utilities companies are there in Finland?+
There are 2,282 energy and utilities companies in Finland, split across 4 sub-industries, the largest being Production of electricity from hydropower with 1,839 companies. Figures were last updated on 19 June 2026.
What are the largest energy and utilities companies in Finland?+
Ranked by revenue, the largest energy and utilities companies in Finland include Fortum Power and Heat Oy, Helen Oy, Fingrid Oyj, Teollisuuden Voima Oyj, Vattenfall Oy. The full top 50 list with revenue, headcount and website is shown above.
How can I get contact data for decision-makers at energy and utilities companies in Finland?+
Nordic Lead Database provides verified emails, direct phone numbers and company data for decision-makers at Finland's 2,282 energy and utilities companies. Book a meeting and we'll provision access or build a custom export.
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