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Onvest takes a majority stake in Puurakentajat and strengthens the company’s growth potential

Puurakentajat Oy, Press release January 23 2023, at 10.45 a.m. EETFamily business Onvest Oy (“Onvest”) has increased its minority holding in Puurakentajat Group Oy (“Puurakentajat”), the Finnish expert in solid wood construction, and has become main shareholder of the company as founder Jyrki Huttunen has sold his majority stake to Onvest. As part of the transaction Mikke Ruuhonen, who has acted as Chairman of the Board, has also sold his shares in the company to Onvest. Tesi’s (Suomen Teollisuussijoitus) and CEO Mikko Leino’s holdings in the company remain unchanged. Jyrki Huttunen

Puurakentajat appointed contractor for the Katajanokka Laituri construction project in Helsinki

Puurakentajat Oy, Press release 22.12.2022 at 9.30 a.m. EETPuurakentajat Group Oy (Puurakentajat Rakennus Oy), the Finnish expert in solid wood construction, has been appointed contractor for the Katajanokka Laituri construction project in Helsinki. The aim of the commercial building is to be both carbon neutral and a masterpiece of Finnish wood construction. The developer of the project is Varma Mutual Pension Insurance Company. The building will be completed in 2024 and it will serve as Stora Enso's headquarters, as a hotel of the S Group, and as a public meeting place in one of central

Puurakentajat Group Oy to construct a comfortable and energy-efficient wood apartment building in Etelä-Haaga in Helsinki

Puurakentajat Group Oy, Press release, 6 October 2022 at 3.00 p.m. EESTPuurakentajat Group Oy, the Finnish expert in solid wood construction, has been appointed to construct a wood apartment building in Etelä-Haaga in Helsinki, together with Woodberg Oy, a specialist in urban wooden construction. The four storey building called Asunto-osakeyhtiö Haagan Artturi, is built from solid wood and equipped with cost efficient and environmentally friendly geothermal heating. The construction project includes 11 ecological apartments and a total of 850 square meters of floor area. Construction

Puurakentajat's new Board of Directors supports the company's strong growth strategy

Puurakentajat Group Oy Press release 9 February 2022 at 12.15 p.m. EETPuurakentajat Group Oy, the expert in solid wood construction, has nominated three new members to its Board of Directors: Sanna Nokka from Verona Group, Maria Toivanen from Onvest Oy and Pertti Vanhanen from Cromwell Property Group. The new Board of Directors supports the company's strong growth phase and is a continuum to the company’s changed ownership structure, which was implemented in November 2021 when Onvest Oy and Finnish Industry Investment Ltd (Tesi) acquired a stake in Puurakentajat through a directed share

Puurakentajat and Stora Enso strengthen partnership

Puurakentajat Group Oy Press release 1 February 2022 at 10.30 EETPuurakentajat and Stora Enso have worked together for about ten years and the partnership continues with several new projects. New schools, an event centre by the sea, and apartments in a historical urban block are being built in partnership. All from solid wood. Wood construction is strongly on the rise in Finland and worldwide driven by climate and health related concerns. Wood construction supports achievement of climate goals and reduces the use of non-renewable materials. Solid wood buildings improve well-being by

Onvest and Tesi to acquire a stake in Puurakentajat enabling the company to enter a new growth phase

Puurakentajat Oy Press Release 9 November 2021 at 10.00 a.m. (EET)Family company Onvest Oy has acquired a significant stake in Puurakentajat Group Oy, the Finnish expert in solid wood construction, and becomes an active industrial owner of the company. Furthermore, Tesi (Suomen Teollisuussijoitus Oy) has also acquired a stake in the company. The changing ownership structure enables Puurakentajat to develop its strongly growing operations to a new level. Wood construction is growing strongly both in Finland and globally, driven by objectives and guidelines regarding carbon neutrality and

Puurakentajat to build solid wood apartment buildings in Turku together with Finnish S-Bank

Press Release 27 September 2021 at 4.00 p.m. (EEST)Puurakentajat Group Ltd., the expert in solid wood construction, is building two solid wood apartment buildings in Turku, southwest of Finland, in cooperation with a property fund managed by FIM Asset Management Ltd, a subsidiary of Finnish S-Bank. The wooden apartment buildings of over 4,400 square metres will have 58 apartments as well as commercial space on the street level and residential underground parking. Known as the Portinvartija buildings, the new construction project is a continuum of the Lyhdynkantaja apartment building

Puurakentajat to supply solid wood frames for two new schools in Uusimaa in Southern Finland

Puurakentajat Group Oy has been selected as supplier of solid wood frames for two new schools in Uusimaa, Southern Finland. The delivery of the wooden frame to the Helsinki School of Natural Sciences at the Kumpula University Campus will take place in late 2021, and the construction of the largest Swedish-language school in Inkoo in a picturesque location on the banks of the Inkoo River will begin in early 2022. The school children will start in their new premises in Inkoo by the end of 2022and the upper secondary school students of Kumpula University in the autumn of 2023.The Helsinki

Puurakentajat to supply the solid wood frame to the new Martta Wendelin daycare center

Press release  Puurakentajat Oy 26 January 2021 at 10.15 a.m. (EET)Puurakentajat Group Ltd., the Finnish expert in solid wood construction, will provide the solid wood frame and be in charge of its installation for the new Martta Wendelin Daycare Center in Tuusula. The building will be the largest CLT daycare center in Finland in terms of cubic meters. The building made of solid wood will be a 3 200 sqm, modern, healthy and safe daycare center for more than 240 children. In addition to the normal use of the daycare center, the versatile building space can easily be transformed for other

CORRECTION: Puurakentajat corrects its press release regarding the construction of the new Pakilanpuisto school in Helsinki

Puurakentajat Group Ltd.      Press release 16.10.2020 at 3.30 pm (EEST)Puurakentajat Group Ltd., announced on 16 October 2020 at 9:00 (EEST) that the new Pakilanpuisto school is being built in an alliance. Unlike what the press release leads to understand, Puurakentajat is not a member of the alliance, but operates as a subcontractor to NCC Suomi Ltd., which is a member of the alliance. The corrected release is as follows: Puurakentajat Group Ltd., the Finnish expert in wood and Cross Laminated Timber (CLT) construction, has been appointed for the construction of the wooden

Puurakentajat to build the new Pakilanpuisto school in Helsinki

Puurakentajat Group Plc      Press release 16 October, 2020 at 9:00 a.m. (EEST)Puurakentajat Group Plc, the Finnish expert in wood and Cross Laminated Timber (CLT) construction, has been appointed for the construction of the wooden Pakilanpuisto school in Pakila, Helsinki. As part of the “Carbon neutral 2035” initiative of the city of Helsinki, tough environmental targets have been set for the project with wood material playing a central role. The over 4000 sqm school is constructed as an alliance with Puurakentajat in charge of all wood related structural and product planning as well as

Puurakentajat strengthens its position in the growing market for detached homes by acquiring Lahden Puurakentajat

Puurakentajat Group Oy, the Finnish expert in wood and Cross Laminated Timber (CLT) construction, has signed an agreement to acquire 100 % of Lahden Puurakentajat Oy. The acquisition enables Puurakentajat Pientalot Oy, part of Puurakentajat Group Oy, to offer private customers construction of cost-effective, ecological and high-quality solid wood detached homes. The acquisition also strengthens Puurakentajat’s expertise in CLT and Laminated Veneer Lumber -construction and expands the company's market position in the growing market for construction of solid wood homes. Lahden

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