Finbin
Finbin is a Finnish urban furniture manufacturer (founded 1945) that designs, produces, and sells smart bins, recycling stations, shelters, and bicycle parking for cities, municipalities, and commercial property owners across 35+ countries, with patented solar-powered compaction and Finbin Connect cloud monitoring.
- Company typePrivate
- Founded1945
- HeadquartersYlöjärvi, Finland
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Finbin does
Finbin (legal entity Lehtovuori Oy) is a Finnish urban furniture manufacturer founded in 1945 and headquartered in Ylöjärvi, Finland, with 51-100 employees. The company designs, manufactures, and sells litter bins, recycling stations, smart bins, bicycle parking, bus and bicycle shelters, benches, and related public-space furniture under brands including CitySolar, CityPack, Loop, EkoCity, and ViVa. Its differentiated offering centers on the CitySolar smart bin line, featuring patented solar-powered compaction (up to 8:1 ratio) and patented fill-level sensors integrated with the Finbin Connect cloud service for predictive collection and route optimization via API.
The business combines direct enterprise field sales to cities, municipalities, and commercial property owners with an e-commerce platform that supports B2B account registration and quote-based pricing for customized products. Revenue is generated primarily through one-time hardware sales of bins, shelters, and accessories, supplemented by a recurring cloud subscription component via Finbin Connect. Customer segments span primary verticals of cities/municipalities and commercial properties, with secondary exposure to schools/daycares and housing companies. Reported footprint spans 35+ countries with over 1,000,000 installed products, and the company holds ISO 9001 and ISO 14001 certifications.
Recent strategic activity includes the 2025 launch of the modular Loop recycling bin, governance expansion through new board and advisory board appointments, and broader international deployment of CitySolar bins in markets such as Rennes and Melbourne, alongside co-exhibition at IFAT 2026 with Europress and Reen.
Finbin firmographics
Firmographics- Name
- Finbin
- Legal name
- Lehtovuori Oy
- Website
- https://finbin.fi
- Company type
- Private
- Founded year
- 1945
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Finbin is a Finnish urban furniture manufacturer (founded 1945) that designs, produces, and sells smart bins, recycling stations, shelters, and bicycle parking for cities, municipalities, and commercial property owners across 35+ countries, with patented solar-powered compaction and Finbin Connect cloud monitoring.
- Ownership category
- akta.pro rank
Finbin industry classification
Industry- Product category
- Urban Furniture and Waste Management
- SIC
- Miscellaneous Furniture & Fixtures (2590), Public Bldg & Related Furniture (2531)
- akta.pro primary industry
- Waste Management & Smart Sanitation (Facilities) (HSAPAPAM)
- akta.pro secondary industry
- Outdoor Furniture & Shelter Systems (Tents, Tarps, Hammocks) Retail (CRAMAAAJ)
Keywords
Where Finbin is headquartered
LocationHeadquarters
- HQ city
- Ylöjärvi
- HQ country
- Finland
- HQ region
- Europe
Offices1 record
Markets served
Finbin business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Urban Furniture Product Sales: Sale of manufactured urban furniture including litter bins, recycling bins, smart bins, bicycle parking, shelters, benches, and accessories. Products are sold with extensive customization options (colors, sizes, accessories). Pricing is quote-based for most products with some standard pricing on accessories.
- Smart Bin Technology: Smart waste bins with IoT capabilities, solar-powered compaction, and cloud connectivity. Revenue from hardware sales with optional service components through Finbin Connect cloud platform.
- Accessories and Replacement Parts: Sale of accessories including lock options, concrete bases, bottle/can recycling racks, integrated ashtrays, sorting labels, and replaceable panels.
- Finbin Connect Cloud Service: AI-powered cloud service for smart bin monitoring, predictive maintenance, and route optimization. Connected to fill-level sensors in smart bins.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard products with custom color options |
| Unit Pricing | Pay-as-you-go | Smart bins with technology features |
| Unit Pricing | Pay-as-you-go | Accessories and replacement parts |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Finbin product offering
Product offeringCore offering
Finbin designs, manufactures, and sells urban furniture including smart waste bins (CitySolar with patented solar-powered compaction and fill-level monitoring), litter and recycling bins (CityPack, EkoCity, Loop), shelters (bus, bicycle, break, bin), bicycle parking solutions, benches, grills, and ashtrays. All products are manufactured in Ylöjärvi, Finland, and complemented by the Finbin Connect AI-powered cloud service for smart bin monitoring and route optimization. The company primarily serves cities, municipalities, and commercial properties across 35+ countries.
Product overview
Finbin is a Finnish urban furniture company (Lehtovuori Oy) manufacturing high-quality public space products designed and produced in Ylöjärvi, Finland. The product portfolio centers on waste management solutions (smart bins with solar-powered compaction and IoT monitoring, litter bins, recycling bins), urban infrastructure (bin shelters, bicycle parking, bus shelters), and outdoor furniture (benches, grills, ashtrays, planters). The core smart bin line is CitySolar (120, 240, 360 models) featuring patented compaction technology and fill-level sensors integrated with the AI-powered Finbin Connect cloud service. Supporting product lines include CityPack (non-compacting high-capacity bins), EkoCity and EkoCity Flow (recycling bins with customizable options), Loop and Loop Duo (modular outdoor sorting systems), and traditional litter bins under the CITY and Ellipse brands. Products feature C5 corrosion class materials and are customizable in Finbin's standard color range.
Differentiator
Problem solved
Functional benefit
Brands
- CitySolar: Solar-powered smart compacting waste bins with fill-level monitoring and cloud connectivity
- CityPack
- Loop
- EkoCity
- ViVa
- Modul
- Edge
- Ellipse
- BSAFE
- Finbin Connect
Products and services
- CitySolar 120 smart bin Compact solar-powered smart waste bin with patented compaction system offering approximately 700-900 liters of compacted waste capacity (7-8 times standard bins), operating entirely on solar energy even in limited Nordic light conditions. Targeted at cities and municipalities seeking efficient urban waste management.
- CitySolar 240 smart bin Solar-powered smart waste bin with patented compaction technology achieving up to 8:1 compaction ratio, storing up to approximately 1,200 liters of waste in a standard 240-liter container, significantly reducing collection frequency and operating costs. For cities and commercial properties.
- CitySolar 360 smart bin Largest capacity smart waste bin in the CitySolar line, accommodating a 360-liter container with up to 2,000 liters of compacted waste capacity. Features rear-panel design, patented fill-level monitoring, and API interface for waste management system integration. For busy urban environments.
- CityPack 120 litter and recycling bin 120-liter litter and recycling bin designed for large waste accumulation without compaction. Fits a standard 120-liter wheeled waste container with optional fill-level sensor and Finbin Connect cloud integration. For cities and commercial properties.
- CityPack 240 litter bin 240-liter litter bin for locations requiring higher capacity without compaction technology. Features optional fill-level sensor for Finbin Connect integration and combines with CitySolar compacting bins for efficient sorting stations.
- CityPack 360 litter bin High-capacity litter bin utilizing a standard 360-liter waste container for collecting glass, metal, and other heavy or non-compactable waste fractions. Can be equipped with fill-level sensor for Finbin Connect cloud monitoring.
- EkoCity 120 recycling bin 120-liter recycling bin for outdoor urban use, manufactured in Finland from powder-coated galvanized steel and stainless steel. Features customizable colors and optional fill-level sensor connectivity.
- EkoCity 240 recycling bin 240-liter recycling bin with durable powder-coated galvanized steel and stainless steel construction for demanding urban environments.
- EkoCity Flow 120 recycling bin Medium-sized sorting bin with side-mounted aperture for smooth and hygienic use. Features 120-liter capacity, customizable body and opening colors, and optional fill-level sensor for Finbin Connect integration.
- EkoCity Flow 240 recycling bin Large recycling bin with side-mounted openings and 240-liter container designed for busy urban environments. Can be used individually or expanded into sorting stations, with optional fill-level sensor for smart waste management.
- Outdoor recycling bin Loop Transformable modular outdoor sorting bin with unlimited fractions that can be added by combining modules. Features customizable colors and sorting opening shapes, C5 corrosion class powder-coated steel construction, and optional fill-level sensor.
- Outdoor recycling bin Loop Duo
Quantifiable outcome
- CitySolar reduces collection frequency by up to 33:1 compared to 60-liter street waste bins
- +4 more outcomes
Companies that use Finbin
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
Finbin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
Finbin partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- EuropressminorShared exhibition stand at IFAT 2026 trade fair in Munich, Germany (May 4-7, 2026). Europress and Finbin co-exhibit at the shared stand 528 in Hall A5 to present comprehensive solutions for smart city infrastructure.
- ReenminorShared exhibition stand at IFAT 2026 trade fair in Munich, Germany (May 4-7, 2026). Reen co-exhibits with Finbin at stand 528, Hall A5 to showcase smart city infrastructure solutions.
- IdeafixminorCooperation with Ideafix for ViVa bus shelter implementation in Järvenpää, Finland. The partnership delivered modern bus stop environments with ViVa shelters.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Finbin competitors and assessment
Company assessmentEmerging players
- SimpleOne: SimpleOne is an Italian/European manufacturer of urban furniture including litter bins and recycling stations. Comparable as a smaller European competitor targeting municipalities with similar customizable outdoor bin products.
- Trashcon: Trashcon is a European (Spain-based) emerging player building smart, AI-vision waste-sorting and compaction systems for urban and industrial sites. Comparable emerging technology overlap with Finbin's CitySolar smart bin and Finbin Connect AI capabilities.
- Clearstream Recycling: Clearstream Recycling is a US manufacturer of outdoor recycling and waste containers for municipalities, parks, and schools. Comparable to Finbin's EkoCity and recycling-bin product lines for public-space customers.
Broad incumbents
- Rubbermaid Commercial Products: Rubbermaid Commercial Products is a broad US-based manufacturer of commercial waste, recycling, and janitorial containers sold across facility management channels. Comparable to Finbin's lower-end bins/accessories for schools, retailers, and commercial properties.
- Sulo (SULO Group): SULO is a large European manufacturer of wheelie bins, container systems, and street furniture used by municipalities and waste hauliers. Broader incumbent offering waste handling at city scale; overlapping with Finbin's outdoor recycling and litter bin portfolio.
Direct peers
- Bigbelly Solar: Bigbelly is a US-based direct competitor that designs and manufactures solar-powered smart waste and recycling stations with cloud-based fill-level monitoring — directly comparable to Finbin's CitySolar product line and Finbin Connect cloud service for municipal and campus customers.
- Busch Systems: Busch Systems is a North American manufacturer of recycling, waste, and compost bins for indoor and outdoor public spaces. Comparable to Finbin's non-smart bin lines (EkoCity, Loop, CityPack) for municipalities, schools, and commercial properties, with similar customization options.
- Enevo: Enevo (Finland-founded, now global) provides IoT fill-level sensors and route-optimization software for waste containers. Comparable to Finbin because both target municipal waste-collection efficiency with sensor + cloud software stack, though Enevo is sensor-first while Finbin sells integrated bins.
- Otto Waste Handling: Otto (by Otto Industries) is a German/European manufacturer of waste and recycling containers (including wheelie bins and sorting stations) sold to municipalities and businesses. Comparable to Finbin as a European competitor in outdoor recycling/litter bin hardware.
Others
- Europress Group: Europress is a Finnish/European baler and waste-compaction equipment maker that co-exhibited with Finbin at IFAT 2026. They are an adjacent/complementary equipment partner in the smart-city waste value chain rather than a direct bin competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Finbin social profiles
Digital presenceFinbin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finbin leadership team
Management profileNumber of profiles
Profiles3 records
Finbin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finbin M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finbin
What does Finbin do?
Finbin designs, manufactures, and sells urban furniture including smart waste bins (CitySolar with patented solar-powered compaction and fill-level monitoring), litter and recycling bins (CityPack, EkoCity, Loop), shelters (bus, bicycle, break, bin), bicycle parking solutions, benches, grills, and ashtrays. All products are manufactured in Ylöjärvi, Finland, and complemented by the Finbin Connect AI-powered cloud service for smart bin monitoring and route optimization. The company primarily serves cities, municipalities, and commercial properties across 35+ countries.
Is Finbin a public or private company?
Finbin is a private company. It is classified as family owned and is currently operating.
When was Finbin founded?
Finbin was founded in 1945. It employs 51 to 100 people.
Where is Finbin based?
Finbin is headquartered in Ylöjärvi, Finland, in the Europe region.
How does Finbin make money?
Four revenue lines are on record. Urban Furniture Product Sales are the primary driver. The others are smart Bin Technology, accessories and Replacement Parts and finbin Connect Cloud Service.
Who are Finbin's main competitors?
Emerging players on record are SimpleOne, Trashcon and Clearstream Recycling. Broad incumbents are Rubbermaid Commercial Products and Sulo (SULO Group). Direct peers are Bigbelly Solar, Busch Systems, Enevo and Otto Waste Handling. Europress Group is listed as an others.
Does Finbin have an API?
Yes. CitySolar smart bins include an API interface that allows integration with the customer's own waste management system. The fill level data from CitySolar bins can be transmitted to external waste management systems via this API.
What industry is Finbin in?
Finbin's product category is Urban Furniture and Waste Management. Its primary akta.pro industry code is HSAPAPAM, Waste Management & Smart Sanitation (Facilities), with a secondary code of CRAMAAAJ, Outdoor Furniture & Shelter Systems (Tents, Tarps, Hammocks) Retail. Its SIC code is 2590.