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Harvia is set to celebrate its 75th anniversary in 2025, marking its evolution from a small Finnish workshop founded by Tapani Harvia in 1950 into a global leader in sauna solutions. The company now operates in nearly 100 countries, offering traditional, infrared, and steam saunas, as well as hot tubs and cold plunges. Harvia attributes its growth to innovation, strategic acquisitions, and strong partnerships. The anniversary will be marked by events, product launches, and the introduction of the Harvia Cilindro wood-burning heater. The company employs around 675 people across various countries and is headquartered in Muurame, Finland.
Harvia Plc announced on January 21, 2025, that mutual funds managed by Evli Oyj have acquired shares in Harvia Plc, resulting in their holdings exceeding 5% of the company's shares and voting rights as of January 20, 2025. This notification was made in compliance with the Securities Markets Act. Harvia is a leading global company in the sauna and spa market, with a revenue of EUR 150.5 million in 2023 and about 600 employees across various countries. The company is based in Muurame, Finland. For more details, contact Harvia's CFO, Ari Vesterinen.
Harvia Plc's Shareholders’ Nomination Board has made proposals for the Annual General Meeting scheduled for April 8, 2025. The Board suggests increasing the number of Board members from six to seven, which would require amending Harvia Plc’s Articles of Association. If the amendment is not approved, six members will be elected. The Nomination Board recommends re-electing the current six Board members and adding Petri Castrén as a new member, highlighting his financial and corporate governance expertise. The Board also proposes remuneration for Board members, with a mix of company shares and cash, and specific fees for committee work and travel. The Nomination Board, chaired by Juho Lipsanen, made these proposals unanimously, which will be included in the notice for the Annual General Meeting. Harvia is a leading global company in the sauna and spa market, with significant revenue and a wide international presence.
Harvia Plc announced a stock exchange release detailing a manager's transaction involving Anssi Pelkonen, a senior manager at the company. On December 18, 2024, Pelkonen disposed of shares in two transactions. The first transaction took place at AQEU with a total volume of 3,794 shares sold at a volume-weighted average price of 44 EUR. The second transaction occurred at NASDAQ Helsinki Ltd, where 192 shares were sold at the same average price. Harvia, a leading global player in the sauna market, reported a revenue of EUR 150.5 million in 2023 and employs around 600 people across various countries. The company is headquartered in Muurame, Finland. For further information, Ari Vesterinen, CFO, can be contacted.
Harvia Plc has appointed Ivan Sabato as the Head of Region for Continental Europe and a member of Harvia Group’s Management Team. Sabato will lead the sales organization in Continental Europe, focusing on growth and profitability. He will start by April 1, 2025, and report to CEO Matias Järnefelt. Sabato, currently Sales Director at Technogym in Germany, has extensive experience in international business and the luxury and wellness markets. Previously, he worked at Magum Properties in the UAE. Sabato's appointment aims to capitalize on opportunities in the sauna market in Continental Europe. Markus Wörmanseder will continue as Head of Products and Solutions after Sabato assumes his role. Harvia is a leading global company in the sauna market, with a revenue of EUR 150.5 million in 2023 and over 600 employees worldwide. The company is headquartered in Muurame, Finland.
Harvia Plc has completed the repurchase of 11,000 of its own shares between December 10 and December 12, 2024, at an average price of EUR 43.88 per share. This buyback was authorized by the Annual General Meeting in April 2024 and the shares will be used for the company's incentive program. Harvia now holds a total of 15,207 own shares, which is 0.08% of the total shares. Harvia is a leading global company in the sauna market, known for its brands and product portfolio, with a revenue of EUR 150.5 million in 2023 and over 600 employees worldwide. The company is headquartered in Muurame, Finland. For more information, contact CFO Ari Vesterinen.
Harvia Plc announced via a stock exchange release on 12 December 2024 that it now holds a total of 15,207 shares, including those repurchased on that date. The release was made on Nasdaq Helsinki, and it was noted that an attachment was initially missing. The announcement was made on behalf of Harvia Plc by Danske Bank AS, Suomen Sivuliike. For further information, contact Ari Vesterinen, the Chief Financial Officer, at +358 40 5050 440 or via email at ari.vesterinen@harvia.com. An attachment titled "Harvia buyback 12.12.2024.xlsx" was included.
Harvia Plc announced via a stock exchange release on 12 December 2024 that it now holds a total of 8,307 shares, including those repurchased on 10 December 2024. The release was issued on behalf of Harvia Plc by Danske Bank AS, Suomen Sivuliike, with contact information provided for Ari Vesterinen, the Chief Financial Officer. An attachment related to the share buyback on 10 December 2024 is included.
Harvia Plc announced on 12 December 2024 that the company now holds a total of 11,907 shares, including those repurchased on 11 December 2024. The announcement was made on Nasdaq Helsinki, with Danske Bank AS, Suomen Sivuliike acting on behalf of Harvia Plc. For additional information, Ari Vesterinen, the Chief Financial Officer, can be contacted. An attachment titled "Harvia buyback 11.12.2024.xlsx" is included.
Harvia Plc announced that as of December 12, 2024, the company holds a total of 15,207 shares, including those repurchased on that date. For more information, contact Ari Vesterinen, Chief Financial Officer, at +358 40 5050 440 or ari.vesterinen@harvia.com.