One stop shop

VEO

www.veo.fi

Business sector: Automation and electrification systems

Turnover 2016: €76 million

Employees: 370

Export: 70%

Major markets: Worldwide

It is always easier to shop at one place than to run between several locations. This is not only the case with groceries, but in the energy business too. The electrification and automation solutions supplier VEO is the place to go for customers looking for energy expertise. VEO is active in all steps of the energy chain, from power generation to transmission, distribution and utilisation.
“Boards, panels, switchgears and modular substations are our core products manufactured in Vaasa. Our products and solutions are used by power plants, process industries, cranes and ships worldwide. As a turnkey project supplier, we focus on creating customer-based solutions in total projects,” Marko Ekman, CEO of VEO explains.

Since its foundation in 1989, VEO has been involved in over 5,000 projects, which have been delivered to 130 countries.
Since its foundation in 1989, VEO has been involved in over 5,000 projects, which have been delivered to 130 countries.

In addition to power solutions, VEO offers full partnerships in the form of lifecycle management. When a project has been completed, cooperation with the customer continues through proactive maintenance, spare parts offering, after sales and other services. When VEO’s own product manufacture is added to this, the perfect package is ready.
“We take care of our customers and their equipment throughout the lifecycle of a plant or a substation, by offering tailor-made services, which increase the reliability of automation and electrification systems. Our own products complement the offering and enable total deliveries,” Ekman says.

With the mission to create well-being through energy expertise and responsible operations, VEO holds a strong position in the market. Ekman looks forward to a bright future as the company is constantly growing its export rate in all three business segments.
“We believe in the energy business and the growth potential of the international business. Megatrends like renewable energy, digitalization and energy storing change the field quickly and open up new business possibilities. Already half of our revenues come from renewable power generation and energy efficiency solutions. As an international integrator we have every possibility to grab new opportunities as they arise.”

VEO

www.veo.fi

Business sector: Automation and electrification systems

Turnover 2016: €76 million

Employees: 370

Export: 70%

Major markets: Worldwide