Veljekset Toivanen
Veljekset Toivanen is a family-owned Finnish contractor providing mining services, infrastructure construction, heavy transport, sealing construction, and industrial area maintenance for enterprise clients across Finland and Sweden.
- Company typePrivate
- Founded1983
- HeadquartersKemi, Finland
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Veljekset Toivanen does
Veljekset Toivanen Oy is a family-owned Finnish infrastructure and mining services contractor founded in 1983 and headquartered in Kemi. The company was taken over by the second-generation owners, brothers Ari and Jukka Toivanen, in 1989, and has grown from a single-tractor earthworks business into a multi-disciplinary contractor with 400+ employees across seven locations in Northern and Eastern Finland and Northern Sweden.
The company operates five integrated service lines: (1) Infrastructure Construction (earthworks, foundation work, roads, power and telecom networks), (2) Mining Services (drilling, blasting, loading, underground infrastructure and equipment services for open-pit and underground mines), (3) Transport and Heavy Logistics (ore, limestone and aggregate haulage, ship unloading, lifting), (4) Sealing/Containment Construction (geomembrane lining for mine basins and landfills, introduced in 2024), and (5) Area Maintenance and Factory Services (year-round industrial site upkeep). Service delivery relies on a modern and sizeable owned equipment fleet, supported by ISO 9001/14001/45001, RALA, HSEQ, Luotettava Kumppani and (since 2024) Ecovadis certifications.
Veljekset Toivanen earns revenue through long-term, project-based B2B contracts with enterprise customers in mining, energy infrastructure, forestry/industrial and municipal sectors. Distribution is via a direct enterprise field-sales motion, with dedicated area managers for Kemi, Lapland, Oulu and Kainuu. Mining-related work — anchored by contracts with Agnico Eagle (Kittilä gold mine), Outokumpu Chrome (Kemi mine), Terrafame, and Endomines — accounts for roughly half of revenue, while the remainder is generated through infrastructure projects for clients such as Fingrid, Stora Enso, Caruna, Valoo and several municipalities.
Veljekset Toivanen firmographics
Firmographics- Name
- Veljekset Toivanen
- Legal name
- Veljekset Toivanen Oy
- Website
- https://toivanengroup.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Veljekset Toivanen is a family-owned Finnish contractor providing mining services, infrastructure construction, heavy transport, sealing construction, and industrial area maintenance for enterprise clients across Finland and Sweden.
- Ownership category
- akta.pro rank
Veljekset Toivanen industry classification
Industry- Product category
- Mining and Infrastructure Services
- NAICS
- Support Activities for Metal Mining (213114), Utility System Construction (2371), Support Activities for Mining (2131)
- SIC
- Heavy Construction Other Than Bldg Const - Contractors (1600), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)
- akta.pro primary industry
- Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul) (IMAKAKAD)
- akta.pro secondary industries
- Shutdown Labor, Rigging & Heavy Lift Support Services (IMAIACAN), Construction Equipment MRO (Earthmoving, Roadbuilding, Mining) (TLAKAHAA)
Keywords
Where Veljekset Toivanen is headquartered
LocationHeadquarters
- HQ city
- Kemi
- HQ country
- Finland
- HQ region
- Europe
Offices9 records
Markets served
Veljekset Toivanen business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Mining Services: Comprehensive mining services including drilling, blasting, loading, transport, underground mining infrastructure, and equipment maintenance for both open-pit and underground mines
- Infrastructure Construction: Earthworks, foundation construction, environmental construction, road construction, electrical and telecommunications network construction, and industrial infrastructure
- Transport Services: Heavy logistics including ore, limestone and aggregate transport, mass transfers, cargo ship unloading, lifting operations, and industrial and construction logistics support
- Area Maintenance & Factory Services: Year-round area maintenance, winter services (plowing, anti-slip), summer maintenance, infrastructure construction at factory sites
- Tight Construction (Tiivisrakentaminen): Environmental sealing construction using geomats, HDPE/LLDPE membranes, drainage mats and protective geotextiles for mining ponds, landfills, and industrial sites
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Veljekset Toivanen product offering
Product offeringCore offering
Veljekset Toivanen is a Finnish infrastructure and mining services contractor delivering earthworks, foundation and road construction, power line and telecommunications network construction, open-pit and underground mining services (drilling, blasting, loading, transport, underground infrastructure, equipment maintenance), heavy ore and aggregate transport, environmental containment construction using geomembranes and geotextiles, and year-round area and factory maintenance. Services are executed with a modern heavy equipment fleet and 400+ employees across seven locations in Finland and Sweden, primarily under long-term contracts with mining, industrial, energy and municipal customers.
Product overview
Veljekset Toivanen is a family-owned Finnish infrastructure and mining services company offering five integrated service lines: Infrarakentaminen (infrastructure construction), Kaivospalvelut (mining services), Kuljetuspalvelut (transport/logistics), Tiivisrakentaminen (containment construction), and Aluekunnossapito & tehdaspalvelut (area maintenance and factory services). The company operates across Finland and Sweden, serving industrial and mining clients with a modern fleet and over 400 employees. These services are offered as complementary offerings that cover the full lifecycle of mining and infrastructure projects from construction through operations and maintenance.
Differentiator
Problem solved
Functional benefit
Products and services
- Kaivospalvelut (Mining Services) Mining services for open-pit and underground mines including drilling, blasting, crushing, loading, transport, equipment maintenance, underground infrastructure construction (decline tunnels, production levels, shaft projects) and production support services. Used by enterprise mining operators such as Terrafame, Outokumpu Chrome, Agnico Eagle Finland and Endomines.
- Infrarakentaminen (Infrastructure Construction) Infrastructure construction services including earthworks, foundation construction, environmental construction, road construction, power line foundations (110kV and 400kV), telecommunications and fiber optic network construction, and industrial infrastructure. Used by utilities, grid operators, municipalities and industrial customers including Fingrid, Caruna and Valoo.
- Kuljetuspalvelut (Transport Services) Heavy logistics and transport services including ore, limestone and aggregate transport, mass transfers, ship and cargo unloading, lifting services, and logistical support for industrial and construction projects. Used by mining operators (e.g., Outokumpu concentrate transport, SMA Mineral quartz transport) and industrial customers.
Quantifiable outcome
- Zero accident target - active safety observation program and membership in Zero Accident Forum
- +1 more outcomes
Companies that use Veljekset Toivanen
Customer profileNamed customers12 records
Segments5 records
Ideal customer profiles4 records
Veljekset Toivanen technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Veljekset Toivanen partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, major and regular.
- Endomines Oycore5-year contract for Hosko mine underground mining operations including decline tunnel, production levels, and first phase production mining. Expanded from previous Pampalo mine open-pit mining partnership. Partnership demonstrates company's ability to scale from open-pit to underground mining services.
- Agnico Eagle Finland OycoreLong-term partnership for Kittilän kaivos underground mine services including equipment, production support, shaft construction, and area maintenance since 2018.
- Outokumpu Chrome OycorePartnership for Kemin kaivos since 2018 covering underground mine equipment construction and maintenance, plus concentrate transport to Tornio ferrochrome plant.
- Terrafame OycoreMultiple ongoing projects including area maintenance, infrastructure construction, tight construction (sealing), geotube relocation, battery chemical plant earthworks, pond repairs, and production support.
- Fingrid OyjmajorMultiple power line foundation projects (400kV and 110kV lines) including Järvilinja 1, Siikajoki-Sorsaraivio, Kauppila-Hännilä, Hämeenlahti-Kauppila, and others.
- Stora Enso OyjmajorLong-term area maintenance partnership at Veitsiluoto and Oulun Nuottasaari factories dating back to previous millennium. Currently 20-30 employees on-site daily.
- Napapiirin Vesi OyregularWater supply and infrastructure projects in Rovaniemi area including Revontultentie, Rivitien peruskorjaus, and multiple other municipal infrastructure projects.
- Valoo OyregularFiber optic network construction using microchannel technology in Kemi and Tornio areas including civil works, blowing, welding, equipment installation, and documentation.
Scale indicators7 records
Recent moves2 records
Expansion highlights6 records
Veljekset Toivanen competitors and assessment
Company assessmentBroad incumbents
- YIT Oyj: Largest Finnish construction group with residential, commercial, and infrastructure operations including paving, foundations, and industrial construction. Overlaps with Veljekset on infrastructure construction but operates at much larger scale and across broader end-markets.
- Peab AB: Swedish construction and civil-engineering group with civil, infrastructure, paving, and ground-engineering operations across the Nordics. Comparable to Veljekset's infrastructure construction line, with similar emphasis on heavy civil works in Northern Sweden.
- SRV Yhtiöt Oyj: Finnish construction and development company with infrastructure and building capabilities. Compares to Veljekset on infrastructure construction activities but with greater emphasis on commercial real estate development.
- NCC AB: Major Nordic construction and infrastructure company with significant road-building, civil engineering, and ground-works operations in Sweden and Finland. Comparable to Veljekset's infrastructure construction services, particularly through its Nordic footprint.
- Skanska AB: Global construction and development group with a strong Nordic infrastructure and civil engineering franchise (roads, bridges, tunnels, ground engineering). Comparable to Veljekset on heavy civil construction, though significantly larger and more diversified.
Emerging players
- Caverion Oyj: Nordic provider of technical building solutions and industrial maintenance services, including year-round facility upkeep. Comparable to Veljekset's aluekunnossapito & tehdaspalvelut (area maintenance and factory services) offerings at industrial sites like Stora Enso.
- AFRY AB (ÅF / Pöyry): Nordic engineering and consulting firm with a substantial mining services practice covering mine planning, infrastructure, and industrial digitalization. Comparable to Veljekset through shared mining-industry clients and Northern Finland/Sweden project exposure.
Direct peers
- Kreate Oy: Finnish infrastructure contractor specializing in bridge, foundation, and transport infrastructure construction, including road, railway, and geotechnical works. Highly comparable to Veljekset's infrarakentaminen line (earthworks, foundations, road construction).
- Destia Oy: One of Finland's largest infrastructure contractors with strong coverage in roads, rail, foundations, and ground engineering. Comparable to Veljekset on heavy civil construction and earthworks, with broader geographic reach in Finland.
- Kalliorakennus-yhtymä: Finnish rock engineering and underground mining contractor offering drilling, blasting, and excavation services to mines and infrastructure projects. Directly comparable to Veljekset Toivanen's underground mine services (Kittilä, Kemi, Hosko) and rock-based earthworks.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Veljekset Toivanen social profiles
Digital presenceVeljekset Toivanen compliance and trust
Trust signalCompliance8 records
Veljekset Toivanen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Veljekset Toivanen leadership team
Management profileNumber of profiles
Profiles20 records
Veljekset Toivanen funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Veljekset Toivanen 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 Veljekset Toivanen
What does Veljekset Toivanen do?
Veljekset Toivanen is a Finnish infrastructure and mining services contractor delivering earthworks, foundation and road construction, power line and telecommunications network construction, open-pit and underground mining services (drilling, blasting, loading, transport, underground infrastructure, equipment maintenance), heavy ore and aggregate transport, environmental containment construction using geomembranes and geotextiles, and year-round area and factory maintenance. Services are executed with a modern heavy equipment fleet and 400+ employees across seven locations in Finland and Sweden, primarily under long-term contracts with mining, industrial, energy and municipal customers.
Is Veljekset Toivanen a public or private company?
Veljekset Toivanen is a private company. It is classified as family owned and is currently operating.
When was Veljekset Toivanen founded?
Veljekset Toivanen was founded in 1983. It employs 101 to 250 people.
Where is Veljekset Toivanen based?
Veljekset Toivanen is headquartered in Kemi, Finland, in the Europe region.
How does Veljekset Toivanen make money?
Five revenue lines are on record. Mining Services are the primary driver. The others are infrastructure Construction, transport Services, area Maintenance & Factory Services and tight Construction (Tiivisrakentaminen).
Who are Veljekset Toivanen's main competitors?
Broad incumbents on record are YIT Oyj, Peab AB, SRV Yhtiöt Oyj, NCC AB and Skanska AB. Emerging players are Caverion Oyj and AFRY AB (ÅF / Pöyry). Direct peers are Kreate Oy, Destia Oy and Kalliorakennus-yhtymä.
Does Veljekset Toivanen have an API?
No public API is recorded for Veljekset Toivanen.
What industry is Veljekset Toivanen in?
Veljekset Toivanen's product category is Mining and Infrastructure Services. Its primary akta.pro industry code is IMAKAKAD, Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul), with a secondary code of IMAIACAN, Shutdown Labor, Rigging & Heavy Lift Support Services. Its NAICS code is 213114 and its SIC code is 1600.