Vertek

What Vertek does

Vertek is a Finnish electrical and telecommunications infrastructure services company operating as two legal entities — Vertek Oy and Vertek Sähköpalvelu Oy — under the VSV-konserni (VSV Group) umbrella, a regional energy and infrastructure conglomerate tracing its roots to 1976 (with Vertek Oy incorporated in 1996). Headquartered in Uusikaupunki with offices in Rauma, Raisio, Huittinen, and Alastaro, the company employs nearly 140 professionals and delivers services across six core categories: electricity distribution and telecommunications infrastructure (including street and area lighting), EV charging solutions, solar energy systems (rooftop and ground-mounted), industrial and property electrification (low and medium voltage), maintenance and upkeep contracts, and industrial robotics through an exclusive partnership with Rokae Robotics.

The company's go-to-market is enterprise field sales: it acts as prime contractor for utility network operators (Caruna, Turku Energia, Vakka-Suomen Voima) on multi-year grid modernization projects, as a long-term electrical services partner to industrial clients (Euroports Rauma, Seger, Coreplast Laitila), and as direct service provider to housing cooperatives, commercial property owners, telecom operators, and farms. Services are billed on a project-quote basis with recurring maintenance contracts providing some revenue stickiness. Differentiated capabilities include energized transformer maintenance (vacuuming/washing live equipment), archipelago and sea cable installation, rapid emergency storm response, and exclusive Finnish distribution of Rokae collaborative robots.

Recent strategic activity under CEO Jarno Salminen (appointed late 2023) emphasizes future energy solutions — the Caruna prime contract running 2026-2029 (400 km overhead line removal, 500 km new underground cabling, 140 transformer renovations), the March 2025 Rokae Robotics exclusive partnership, and a June 2025 expansion into archipelago services position Vertek to participate in Finland's grid modernization, electrification, and industrial automation tailwinds. No external funding rounds, acquisitions, or public listing signals are present in the data.

Name

Vertek

Legal name

Vertek Oy

Website

https://vertek.fi

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

51–100 employees

Short description

Vertek is a Finnish electrical and telecommunications infrastructure services company, employing nearly 140 professionals across five regional offices, delivering grid construction, EV charging, solar, electrification, maintenance, and robotics solutions to utilities, industrial clients, property owners, and telecom operators throughout Finland.

Ownership category

akta.pro rank

Product category

Electrical and Telecommunications Infrastructure Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (23821), Electric Power Generation, Transmission and Distribution (2211)

akta.pro primary industry

T&D maintenance, refurbishment & uprating services (reconductoring, life extension) (EUADAKAH)

akta.pro secondary industries

Pole, Tower & Structure Installation / Replacement (Distribution) (EUAEACAE), O&M, Upgrades & Refurbishment of T&D Assets (Reconductoring, Rebuilds) (IMAFAHAM)

Keywords

• Electrical infrastructure services
• Telecommunications network construction
• Solar energy installation
• EV charging solutions
• Industrial electrical contracting

Headquarters

HQ city

Uusikaupunki

HQ country

Finland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Services (Infra-palvelut): Design, construction, and maintenance of electricity distribution networks and telecommunications networks, including street and area lighting. Project-based contracting with network operators and municipalities.
2. Solar Energy Systems: Design and construction of large rooftop and ground-mounted solar power plants for industry, properties, and farms. Includes lifecycle services, monitoring and maintenance.
3. Electric Vehicle Charging: Complete EV charging solutions for businesses and housing cooperatives including surveying, planning, installation, and maintenance.
4. Industry and Property Electrification: Low and medium voltage electrification solutions for industrial needs, commercial spaces, public facilities, and offices.
5. Maintenance and Upkeep Services: Maintenance of entire electrical infrastructure for industrial and property clients under service contracts.
6. Industrial Robotics: Automation solutions using collaborative robots for production efficiency and quality, through partnership with Rokae Robotics.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Vertek is a Finnish electrical and telecommunications services contractor that designs, builds, and maintains electricity distribution networks, telecommunications networks, and end-customer electrical systems. The company also delivers solar energy installations, EV charging infrastructure, industrial electrification, ongoing maintenance services, and industrial robotics integration, primarily serving utilities, network operators, industrial firms, property owners, and the agriculture sector.

Product overview

Vertek is a multi-disciplinary electrical and telecommunications company operating as a unified platform offering six core service categories: Infrastructure Services (distribution and telecommunications networks), Electric Mobility (EV charging solutions), Solar Energy (photovoltaic systems), Industry and Properties (electrification), Maintenance and Upkeep, and Industrial Robotics. The company operates approximately 140 professionals across multiple locations in Southwest Finland and Pirkanmaa, serving customers nationally. The services are delivered through two legal entities (Vertek Oy and Vertek Sähköpalvelu Oy) functioning as one operational unit.

Differentiator

Problem solved

Functional benefit

Products and services

• Infra-palvelut (Infrastructure Services) Design, construction, decommissioning, and maintenance of electricity distribution networks and telecommunications networks for utilities, network operators, and related infrastructure owners in Finland.
• Sähköinen liikenne (Electric Mobility) Deployment of EV charging infrastructure and related electrical solutions for commercial, industrial, and property clients transitioning to electric mobility.
• Aurinkoenergia (Solar Energy) Design, installation, and integration of solar energy systems for industrial, commercial, and property customers.
• Teollisuus ja kiinteistöt (Industry and Properties) Electrical contracting for industrial facilities and properties, including housing cooperatives, covering electrification, renovation, and related electrical project work.
• Huolto ja kunnossapito (Maintenance and Upkeep) Ongoing maintenance, upkeep, and lifecycle services for electrical and telecommunications infrastructure assets, including specialized transformer and live equipment maintenance.
• Teollisuusrobotiikka (Industrial Robotics) Industrial robotics integration delivered through Vertek's exclusive partnership with Rokae Robotics for the Finnish market, providing robotics solutions to industrial customers.

Quantifiable outcome

• Main transformer cleaning service cleans over 100 transformers annually
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and long-term.

• CarunacoreStrategic or Co-development Partner · 1 December 2025Vertek operates as a partner in Caruna's major electricity network renovation project in Somero, Tammela, Koski TL, and Loimaa areas. Project involves removing 400 km of old overhead lines, building 500 km of new underground cables, and renovating 140 transformers. Construction starts spring 2026 and continues until end of 2029.
• Rokae RoboticscoreStrategic or Co-development Partner · 1 March 2025Vertek signed a significant partnership agreement with robot manufacturer Rokae Robotics. The partnership focuses on developing and deploying innovative robot solutions. Rokae is known for flexible collaborative robots and industrial robots with multiple patents and technology awards. Vertek is the exclusive representative of Rokae Robotics in Finland.
• Vakka-Suomen VoimacoreStrategic or Co-development Partner · 1 September 2024Vertek participated in Vakka-Suomen Voima's sea cable laying project between Hanhinen-Rihtniemi. The approximately 2 km long sea cable was laid to improve electricity distribution connections in the archipelago area.
• Turku EnergiacoreStrategic or Co-development Partner · 1 January 2024Vertek serves as Turku Energia's partner in electricity network cable project in Turku's Vätti district. Work includes cable installation and street lighting renovation in cooperation with Turku city.
• Euroports Raumalong-termStrategic or Co-development PartnerVertek and Euroports Rauma have collaborated for decades. Vertek provides electrical services including maintenance and renovations. Cooperation covers daily operations with at least one Vertek installer present at the port every weekday.
• OmavoimacoreChannel Partner/ Reseller/ DistributorVertek Sähköpalvelu installs solar panel systems sold through Omavoima. Vertek handles complete turnkey delivery from installation to customer handover and documentation for electricity network company.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Destia Oy: Finnish infrastructure construction contractor with significant power and telecom network construction operations. Overlaps with Vertek's distribution network EPC work and offers broader civil infrastructure capabilities across Finland.
• Empower Oy: Finnish electrical and automation contractor serving industrial, energy, and infrastructure clients with electrification, maintenance, and project services. Direct competitor in Finnish industrial and grid contracting with broader geographic and service breadth.
• NRC Group ASA: Nordic infrastructure services group providing railway, environmental, and electrical infrastructure construction and maintenance. Comparable in grid and telecom network services across the Nordics with broader geographic reach than Vertek.
• Voimatel Oy: Finnish electricity network contractor specializing in distribution grid construction, maintenance, and underground cabling for DSOs. Closely comparable in services and customer base (Finnish DSOs), competing for the same Caruna-tier projects.
• Eltel Networks: Nordic-headquartered power and telecom infrastructure services company that designs, builds, and maintains electricity distribution and telecommunications networks across the Nordics and Baltics. Direct overlap with Vertek's core Infra-palvelut and telecom network business, operating at significantly larger scale.
• TLT-Group (Tikli): Finnish electrical and telecom infrastructure contractor operating across Finland with services in network construction, maintenance, and electrical contracting. Comparable mid-sized Nordic competitor with similar service mix and customer profile.

Broad incumbents

• Sähkö-Helen Oy: Finnish energy company with associated electrical contracting services for district heating, energy infrastructure, and customer electrification. Broad incumbent in Finnish energy/electrical services with adjacent offerings to Vertek's property and industrial electrification.
• Caverion Corporation: Large Finnish/Nordic provider of building technology and industrial solutions, including electrical contracting, HVAC, and lifecycle services for buildings and infrastructure. Broader incumbent with overlapping industrial electrification and property services.

Regional players

• One Nordic (Vimla): Swedish-headquartered electrical and telecom infrastructure services company serving Nordic utility clients with grid maintenance and network construction. Comparable services and business model, primarily serving Swedish market rather than competing head-to-head in Finland.
• Aarsleff Ground Engineering / Per Aarsleff (infrastructure): Danish-headquartered infrastructure services group with electrical and telecom network operations in the Nordics. Comparable infrastructure construction and maintenance services, primarily serving Denmark and broader Nordic market outside Vertek's Finnish footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vertekoy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

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 Vertek