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Native name | Olvi Oyj |
---|---|
Company type | Julkinen osakeyhtiö |
Nasdaq Helsinki: OLVAS | |
Industry | Consumer products |
Founded | 1878 |
Headquarters | , |
Key people | Patric Lundell, CEO (2023-)[1] Lasse Aho, CEO (2004-2022) |
Revenue | 583.7 million € (2022)[2] |
59.8 million € (2022) | |
44.9 million € (2022) | |
Number of employees | 2,335 (2022) |
Website | www |
Olvi plc (Finnish: Olvi Oyj, Nasdaq Helsinki: OLVAS) is a Finnish brewery and soft drinks company founded in 1878 by the brewer Williams Gideon Åberg and his wife Onni. It currently holds 18.7% of Finland's market share in beverages,[3] making it the third-largest producer of beer, cider and soft drinks in Finland and the largest Finnish-owned business in its sector. Among its subsidiaries, A. Le Coq is the second largest beverage company in Estonia and Volfas Engelman is the third largest beverage company in Lithuania.[4] Olvi also has businesses in Latvia (Cēsu Alus) and Belarus (Lidskаe Pivа). In May 2021, Olvi bought a controlling stake in Denmark's fourth largest brewery A/S Bryggeriet Vestfyen. After the Russian invasion of Ukraine on March 5, 2022, Olvi announced that it was ceasing exports to Russia and leaving Belarus.[5]