The Story of Fimpec Oy
The Present
2021
Formation of the Fimpec group
CTS Engtec Oy, Fimpec Oy, and Fundacon Oy began operating under the common name Fimpec on May 26, 2021. Simultaneously, the group company Smaragdus Oy changed its name to Fimpec Group Oy. Fimpec defines itself as a top specialist in project management and engineering.
2020
Fimpec Oy’s revenue exceeds 10 million euros
Fimpec’s revenue was 10.2 million euros, with one-quarter generated outside Finland
2020
Fimpec Oy establishes subsidiaries in Germany and Chile
Fimpec Deutschland GmbH was established in the Leipzig area to strengthen the company’s market position in Central Europe, and Fimpec Chile SpA was established to strengthen Fimpec’s position and operational capabilities in Latin America.
2019
Smaragdus group becomes the owner of Fimpec Oy
The founding shareholders sold Fimpec Oy to the Smaragdus group on February 6, 2019.
2018
Fimpec Oy separates building construction into a separate business area
Fimpec had been serving real estate construction alongside forest and energy industry investment projects from the beginning. In the latter half of the 2010s, growth was deliberately sought in building construction and real estate development, leading to its separation as a distinct business area.
2017
Fimpec Oy employs 60 experts
Fimpec had become one of the leading companies in its field.
2017
Fimpec Oy establishes a subsidiary in Uruguay
Fimpec Uruguay S.A. was established to serve Fimpec’s Finnish and Uruguayan customers on-site.
2016
Fimpec Oy expands into infrastructure construction and building services
The new business areas complemented the previous activities. Building services were acquired through the acquisition of Kuulcon Oy. Revenue was approximately 7.3 million euros.
2015
Fimpec Oy’s revenue rises to 5 million euros
The leap was due to Metsä Group’s Äänekoski bioproduct mill project, where Fimpec was in charge of construction management, supervision of plant installations, and management of installations. A total of 30 Fimpec employees were involved in the project.
2014
Fimpec Oy’s revenue reaches around 2 million euros Oy:n liikevaihto kasvaa noin 2 miljoonaan euroon
The growth was particularly driven by the Andritz Punta Pereira S.A. pulp mill project in Montes del Plata, Uruguay, where Fimpec was responsible for construction site management.
2009
Establishment of Fimpec Oy
Six experienced entrepreneurs in the construction industry founded Fimpec Oy in Jyväskylä: Timo-Pekka Aaltonen, Teppo Grén, Pekka Korhonen, Marko Mäkimartti, Pekka Salomaa, and Timo Väyliö. Fimpec’s first project was the construction of the Keljonlahti power plant, where the new company was responsible for procurement organization and construction management tasks. This was followed by numerous investment projects in the forest and energy industries in Finland and worldwide.
2009