Koja

What Koja does

Koja is a Finnish family-owned industrial engineering company, founded in 1935 in Tampere and controlled by the Aalto family for four generations, that designs and manufactures intelligent air handling solutions (HVAC) and industrial process fans across three business segments: Marine (HVAC systems for cruise ships and vessels, including named deployments for Royal Caribbean, Carnival, and Celebrity Cruises), Buildings (air handling units, energy optimization platforms, and lifecycle services for hospitals, offices, and commercial real estate such as Oulu University Hospital and The Node in Tampere), and Industry (engineered-to-order process fans for energy production, pulp and paper, metals and mining, cement, and glass tempering, with nearly 50,000 fans delivered cumulatively).

The core technology portfolio includes the Future® modular air handling unit series (32 machine sizes, airflow 0.2–40 m³/s, with rotor, counterflow, liquid circulation, and proprietary Netto+® heat recovery), the ECOFAN® process fan range (axial and centrifugal, 0.1–800 m³/s, pressures up to 45 kPa single stage), the Wave Solution integrated building energy platform (Wave Selector, Wave System, Wave Evidencer cloud analytics, reportedly reducing purchased energy by up to 80%), the KojaControl automation system (10.1" touchscreen, Modbus RTU/TCP/IP, BACnet, energy monitoring, 5-year remote support), carbon fiber impeller technology for cyclical industrial processes, and the Industrial Next turnkey service. The company holds ISO 9001, 14001, 45001, 50001, and 3834-2 certifications, plus EPD declarations for Future® units, and operates an R&D Center in Tampere with real-condition testing and FAT capabilities.

The business model is engineered-to-order and project-based, with direct enterprise sales to shipyards, cruise lines, building developers, hospitals, and industrial plant operators across 90+ countries. Wholly-owned subsidiaries include Koja Oy (Finland), Koja USA Inc. (Miami, since 2016), Koja GmbH (Germany, since 2024), and Chiller Oy (heat pumps and cooling). Revenue is generated through one-time equipment sales, recurring lifecycle services and spare parts, and turnkey Industrial Next integrated solutions. Pricing is quote-driven, not publicly disclosed, with multi-year contract cadence. The company is privately held with no external institutional investors and was listed for the first time on the Talouselämä 500 list of largest Finnish companies in 2026.

Name

Koja

Legal name

Koja-Yhtiöt Oy

Website

https://koja.fi

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

101–250 employees

Short description

Koja is a Finnish family-owned engineering company founded in 1935 that designs and manufactures intelligent HVAC systems for ships, modular air handling units for buildings, and engineered-to-order process fans for heavy industry. Operating from Finland with subsidiaries in Sweden, Germany, and the USA, serving enterprise customers across 90+ countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Tampere

HQ country

Finland

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. HVAC Equipment and Systems Sales: Koja designs, manufactures, and sells air handling units, process fans, and integrated HVAC systems. Products include the Future® modular air handling unit series, ECOFAN® process fans, heat recovery units, and the Wave Solution platform. Delivered as engineered-to-order solutions configured for specific customer requirements.
2. Lifecycle Services and Spare Parts: Koja provides full lifecycle services including surveys, modernizations, site services, digital solutions, special expertise, spare parts, and warranty handling. Services cover the entire fan and HVAC system lifecycle from design through commissioning and ongoing maintenance.
3. Industrial Next Integrated Solutions: Turnkey one-stop service covering Koja's full expertise across industry, ships, and properties. Includes process fans, automation, heat recovery, general ventilation, and chiller solutions delivered as a comprehensive integrated package from a single provider.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Koja designs, manufactures, and sells intelligent air handling solutions and industrial process fans across three business segments: Marine (HVAC systems for ships), Buildings (Future air handling units, KojaControl automation, and Wave Solution energy optimization platform), and Industry (ECOFAN process fans with Industrial Next turnkey service). The company delivers engineered-to-order solutions configured from billions of options and provides full lifecycle services from surveys through commissioning and ongoing maintenance.

Product overview

Koja is a Finnish family-owned company (founded 1935) offering intelligent and energy-efficient air handling and process fan solutions across three business segments: Marine (HVAC systems for ships), Buildings (Future® air handling units with KojaControl automation, Wave Solution energy optimization platform), and Industry (ECOFAN® process fans with Industrial Next integrated service). The product portfolio centers on the Future® modular air handling unit family (including Future® S, H, and Clean variants), augmented by the KojaControl automation system and Netto+® heat recovery technology for buildings. The Wave Solution platform — comprising Wave Selector (selection tool), Wave System (smart device integration), and Wave Evidencer (cloud analytics) — provides building-wide energy optimization. In industry, the ECOFAN® process fan range is complemented by the Carbon Fiber Impeller technology and the Industrial Next turnkey service. Subsidiaries include Koja USA Inc. (North American Marine and Industrial operations) and Chiller Oy (heat pumps and cooling), with an R&D Center in Tampere providing product development and testing capabilities. The Future®++ and Future® S/H selection programs support product specification across all segments.

Differentiator

Problem solved

Functional benefit

Brands

• Future: Modular air handling unit series designed to meet high product requirements for structure, energy efficiency, environment, safety, hygiene and conditions
• Wave Solution
• Industrial Next
• ECOFAN
• KojaControl
• Netto+
• Future Clean
• OBV

Products and services

• Future Air Handling Unit Series

Quantifiable outcome

• Wave Solution reduces purchased energy by up to 80%
• +5 more outcomes

Named customers15 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability10 records

Feature9 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• TSS - Glass Machinery Sales Inc.coreChannel Partner/ Reseller/ DistributorKoja USA Inc. entered a sales agency agreement with TSS - Glass Machinery Sales Inc. for North American market representation. The company's President Cliff Green has over 40 years of glass industry experience. TSS acts as a local sales representative supporting customer engagement and business development across North America, initially focusing on the glass industry with long-term ambition to expand into other industrial segments.
• ValmetcoreStrategic or Co-development PartnerKoja and Valmet entered an industrial internet ecosystem cooperation for enhancing operations and maintenance efficiency in energy production. The partnership focuses on leveraging digital solutions to optimize fan performance and process efficiency in energy generation applications.
• FlowplusminorImplementation/ SI/ Consulting PartnerKoja and Flowplus entered a broad cooperation for fan inspections, modernizations, maintenance, and installation services. Flowplus provides site services as a partner in delivering Koja's lifecycle services to industrial customers.
• ENTOS OyminorStrategic or Co-development PartnerKoja entered a pilot partnership agreement with ENTOS Oy, a company designing and realizing advanced roof extractor systems. The collaboration aims to develop smarter roof extractors through joint product development.
• SEAMK (Seinäjoki University of Applied Sciences)minorOthersDevelopment partnership agreement between Koja and SEAMK deepening cooperation at Koja's Jalasjärvi location. The partnership focuses on educational cooperation and local workforce development.
• Sedu (Seinäjoen ammattikorkeakoulu)minorOthersMulti-level cooperation between Koja and Sedu including on-the-job learning for students in electrical/automation engineering, robotics, building services, mechanical/production engineering, logistics, and property maintenance. Koja donated a Future S air handling unit to Sedu's electrical engineering program for educational use. Cooperation covers different qualification levels with mutual visits and knowledge sharing.
• Chiller OycoreTechnology or IntegrationChiller Oy is a sister company within Koja Group providing heat pumps and cooling solutions. Chiller products are integrated into Wave Solution and Industrial Next offerings. Chiller's headquarters in Tuusula shares location with Koja Oy office.
• A-Insinöörit Rakennuttaminen OyminorImplementation/ SI/ Consulting PartnerA-Insinöörit provides construction consulting including LVI supervision for projects using Koja equipment. Involved in FAT testing cooperation at Koja R&D Center for Oulu University Hospital project.
• Caverion OyminorImplementation/ SI/ Consulting PartnerCaverion provides building technology solutions and participated in FAT testing cooperation at Koja R&D Center for Oulu University Hospital project, contributing building automation expertise.

Scale indicators14 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Fl\u00e4ktGroup: European leader in fans, air handling units, and indoor air solutions with strong roots in marine and offshore HVAC \u2013 a head-to-head competitor in Koja's core Marine and Buildings segments.
• Halton Group: Finnish-founded peer competing directly in marine HVAC, indoor air quality, and energy-efficient ventilation \u2013 the closest competitor to Koja in terms of geographic and product overlap.
• Swegon: Nordic manufacturer of air handling units, ventilation, and indoor climate solutions \u2013 competes with Koja's Future product family and Wave Solution across commercial and healthcare buildings.
• Systemair: Swedish-listed manufacturer of fans and air handling units with a comparable engineered-to-order product portfolio across commercial ventilation and industrial processes.
• Munters: Global provider of air treatment and climate solutions for industrial and commercial applications \u2013 competes with Koja in industrial fans and energy-efficient air handling.
• Howden: Specialist in industrial process fans, turbo blowers, and air/gas handling equipment \u2013 the closest comparable to Koja's ECOFAN range and industry-segment applications.
• Greenheck: US-based manufacturer of commercial and industrial fans, air handling units, and dampers \u2013 a comparable engineered product portfolio for industrial process and HVAC applications.
• Comefri: Italian manufacturer of industrial process fans and blowers serving power, cement, steel, and waste-to-energy \u2013 directly overlaps with Koja's industrial ECOFAN customer base.

Broad incumbents

• TROX: Global larger incumbent in ventilation and air-handling components, serving commercial buildings with broader product breadth than Koja and overlapping in AHU technology.
• Carrier Global: Global HVAC and refrigeration giant whose broad portfolio competes with Koja across commercial buildings, marine, and industrial cooling \u2013 differentiated by vastly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCJk4Cux_hkegQKC-I_4QZ2g
• Facebookfacebook.com/KojaGroupSince1935
• LinkedInlinkedin.com/company/kojagroup
• Instagraminstagram.com/kojagroup

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Koja