Economic performance

Currently our biggest market is in Nordic countries and other EU countries. We are also active in Asia and USA.

In 2017, our turnover was around 261 million €.

Turnover by market area 2017


Turnover by business units 2017


Changes in corporate structure


As of January 1, 2017, Ensto's parent company is Ensto Invest Oy. Miettinen family continues to be the sole owner of Ensto Invest Oy. This change is related to a larger reorganization of family holdings where Ensto’s former parent company, EM Group, was divided into three independent companies: Ensto Invest Oy (Ensto Group), Tianta Oy (Teleste Oyj's shares), and the new EM Group Oy (other ownerships).

Acquisitions


Ensto acquired Elwia Systems Oy; a leading Finnish player specialized in flexible cabling systems for commercial electrical installations. Elwia produces locally a wide range of aluminum cable ladders and trays distributes MP Bolagen, Lival and Kopos product brands in Finland.

Elwia brings to Ensto a synergetic and broad product portfolio in flexible cabling systems, as well as a competent team with years of experience helping customers to build the most reliable and safe installations.

Cooperation


In 2017 Ensto has signed an agreement with Belgian family company Schréder Group regarding outdoor lighting sales in Finland and Estonia. This agreement supports Ensto's strategy of focusing on smart electrical solutions, energy efficiency and sustainability. The agreement will enlarge Ensto's offering in street and road lighting.