Lämpökarelia Oy

What Lämpökarelia Oy does

Lämpökarelia Oy is a privately held Finnish full-service HVAC (LVI — heating, plumbing, ventilation) contractor founded in 1993 and headquartered in Joensuu, with additional offices in Kuopio and Vantaa. The company employs approximately 70 professionals and serves residential customers, housing cooperatives (taloyhtiöt), commercial and industrial enterprises, and public-sector clients across Eastern Finland and the Helsinki metropolitan area. Its offering spans the full HVAC lifecycle: LV-urakointi (heating and plumbing contracting), IV-urakointi (ventilation contracting), KVR-urakointi (turnkey contracting), 24/7 emergency plumbing, and product sales plus installation and maintenance of heat pumps (air source, air-to-water, ground source, exhaust air), district heating systems, oil burners, ventilation equipment, hot water heaters, and sanitary ware.

Revenue is generated through quote-based contracting projects (recognized on completion), hardware-plus-installation sales of branded heat pumps and ventilation equipment, per-service plumbing and maintenance fees, and recurring maintenance contracts. The company is multi-brand across heating (Bosch, Thermia, Viessmann, Toshiba, Mitsubishi Electric) and ventilation (Parmair, Vallox, Swegon), holds Bosch Lämpömestari (Heat Master) certification with extended warranty rights, and bundles consumer financing via Resurs Bank under the 'Lämpökarelia Rahoitus' brand. Distribution combines three physical showrooms, a 70-person field workforce, a 24/7 emergency hotline, website quote-request forms, regional home expos (Koti Expo), and social media (Instagram, Facebook).

Lämpökarelia is family-owned and controlled, with the Könönen family holding both ownership (Raimo Könönen, Chairman/Osakas) and operational leadership (Jari Könönen, CEO). The company also operates a wholly owned subsidiary, Lämpökarelia Itä-Suomi Oy, focused on maintenance works in Joensuu. Notable reference customers include McDonald's Pilkko, S-Market Repokallio and Suvantokatu, Stora Enso Uimaharju, UPM Joensuu, GTK-Outokumpu, Eteläranta 4 Helsinki, and the Noljakan palvelutalo service home. In 2024, the company consolidated retail operations by closing its Kitee branch while continuing to invest in the Helsinki metropolitan area through the Vantaa office and expanding its leadership team (e.g., Taneli Hiltunen appointed Kuopio Unit Manager).

Name

Lämpökarelia Oy

Legal name

Lämpökarelia Oy

Website

https://lampokarelia.fi

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

Lämpökarelia Oy is a Finnish privately held full-service HVAC (heating, plumbing, ventilation) contractor with ~70 professionals in Joensuu, Kuopio, and Vantaa, serving residential, housing cooperative, commercial, and public-sector customers across Eastern Finland and the Helsinki metropolitan area since 1993.

Ownership category

akta.pro rank

Product category

HVAC Services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

HVAC Installation, Service & Repair (IMAIABAA)

akta.pro secondary industries

HVAC Service, Maintenance & Repair (BPABACAA), Residential HVAC System Installation (Furnace/AC/Heat Pump) (HSAOAGAA), HVAC System Replacement & Change-Outs (HSAOAGAB), Heat Pump Repair & Maintenance (HSAOAHAD)

Keywords

• HVAC services
• Heat pump installation
• Plumbing services
• Ventilation systems
• HVAC contracting

Headquarters

HQ city

Joensuu

HQ country

Finland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. LVI-urakointi ja -saneeraus (HVAC contracting and renovation): Project-based revenue from large-scale HVAC installation and renovation projects for residential (housing cooperatives), commercial (retail, industrial), and public sector clients. Revenue is recognized upon project completion. Major projects include S-Market Repokallio, McDonald's Pilkko, Eteläranta 4, GTK-Outokumpu, and Noljakan palvelutalo. Pricing is quote-based per project.
2. Lämpöpumppujen myynti, asennus ja huolto (Heat pump sales, installation and maintenance): Revenue from selling, installing, and maintaining heat pump systems (air source, ground source, exhaust air). Includes products from Bosch, Mitsubishi Electric, Toshiba, Thermia, Viessmann. Installation prices range from ~€12,000–13,500 for air-water heat pumps. Recurring revenue from maintenance contracts.
3. Putkityöt ja huolto (Plumbing and maintenance services): Revenue from plumbing repairs, pipe renovations, water heater installations, and ongoing maintenance. Services available 24/7 for emergencies. Pricing includes per-service fees (e.g., car air conditioning €80) and per-project quotes for renovations.
4. Kotitalousvähennys ja rahoitus (Government subsidy and financing): Customers can use Finnish household tax deductions (kotitalousvähennys) for eligible work, and finance purchases through Resurs Bank (Lämpökarelia Rahoitus). These financing mechanisms reduce customer purchase barriers and support larger transaction values.
5. Öljypoltinhuolto ja kaukolämpöpalvelut (Oil burner maintenance and district heating services): Ongoing maintenance services for oil burners and district heating substations, generating recurring maintenance revenue from both residential and commercial customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Lämpökarelia Oy is a full-service HVAC (LVI) company that designs, installs, renovates, and maintains heating, plumbing, and ventilation systems for residential, commercial, industrial, and public sector clients. It sells and installs heat pumps (air source, air-to-water, ground source, exhaust air) from brands such as Bosch, Mitsubishi Electric, Toshiba, Thermia, and Viessmann, and provides 24/7 emergency plumbing, ventilation cleaning, district heating, oil burner maintenance, and consumer financing through Resurs Bank.

Product overview

Lämpökarelia Oy is a full-service HVAC (LVI) company offering comprehensive heating, plumbing, and ventilation services across Eastern Finland and the Helsinki metropolitan area. The company operates approximately 70 professionals from offices in Joensuu, Kuopio, and Vantaa, serving residential customers, housing cooperatives, and businesses. Core services include LVI contracting (LV-urakointi), ventilation contracting (IV-urakointi), and turnkey contracting (KVR-urakointi), plus 24/7 emergency response. The product portfolio centers on energy-efficient heating solutions including air source heat pumps (ilmalämpöpumput) from Toshiba, Mitsubishi Electric, and Bosch; air-to-water heat pumps (ilmavesilämpöpumput) from Bosch, Mitsubishi Electric, and Viessmann; and ground source heat pumps (maalämpö) from Bosch, Thermia, and Viessmann. Additional offerings include exhaust air heat pumps, district heating systems, oil burner maintenance, ventilation equipment (Parmair, Vallox, Swegon), hot water heaters, water fixtures, and car air conditioning service. The company also provides financing solutions through Resurs Bank partnership and accepts kotitalousvähennys (home renovation tax deduction).

Differentiator

Problem solved

Functional benefit

Products and services

• LVI-urakointi (HVAC Contracting) Full-service HVAC (heating, plumbing, ventilation) contracting for residential, commercial, and industrial buildings across Eastern Finland and the Helsinki metropolitan area.
• LV-urakointi (Heating and Plumbing Contracting) Heating and plumbing installation and contracting services for new construction and renovation projects.
• IV-urakointi (Ventilation Contracting) Ventilation system design and installation for factories, public buildings, commercial properties, and housing cooperatives.
• KVR-urakointi (Turnkey Contracting) Complete responsibility contracting from survey and design through execution and finishing, coordinating all parties for turnkey projects.
• Putkityöt ja LVI-päivystys (Piping and 24/7 HVAC Emergency) Full plumbing services including repairs, installations, pipe renovations, and round-the-clock emergency response for water damage situations.
• Ilmalämpöpumput (Air Source Heat Pumps) Air source heat pumps for heating and cooling. Brands include Toshiba, Mitsubishi Electric, and Bosch. Reduces heating costs by 30-50% in electric and oil-heated homes.
• Ilmavesilämpöpumput (Air-to-Water Heat Pumps) Air-to-water heat pumps that transfer heat from outdoor air to water-based heating systems. Brands include Bosch, Mitsubishi Electric, and Viessmann. Reduces heating costs by 50-70%.
• Maalämpö (Ground Source Heat Pumps / Geothermal) Ground source heat pump systems that utilize geothermal energy. Brands include Bosch, Thermia, and Viessmann. Reduces heating costs by 50-80%. Includes installation from borehole drilling to final connections.
• Poistoilmalämpöpumput (Exhaust Air Heat Pumps) Heat pumps that recover energy from exhaust ventilation air. Bosch Compress 3800 EW is designed as a replacement for older models.
• Kaukolämpö (District Heating) District heating center installation, repair, and maintenance services. Includes turnkey delivery of new district heating equipment.
• Öljypoltinhuolto (Oil Burner Maintenance) Oil burner maintenance services for residential, commercial, and housing cooperative properties in Joensuu and Kuopio areas.
• Ilmanvaihto (Ventilation Systems) Ventilation equipment, systems, and duct cleaning services. Brands include Parmair, Vallox, and Swegon. Includes installation, maintenance, and filter replacement.
• Lämminvesivaraajat (Hot Water Heaters) Electric hot water heaters with 20-year technical lifespan. Available in wall-mounted, cabinet, and horizontal cylindrical models from popular brands.
• Vesikalusteet ja LVI-tarvikkeet (Water Fixtures and HVAC Supplies) Water fixtures including faucets, showers, basins, and WC fixtures from brands like Oras, Mora, IDO, and Gustavberg. Also includes wide selection of HVAC supplies and spare parts.
• Auton ilmastointihuolto (Car Air Conditioning Service) Mobile car air conditioning service and refrigerant refilling. Price €80 incl. VAT. Currently serving Kuopio area only.
• Lämpökarelia Rahoitus (Financing) Financing solution in partnership with Resurs Bank offering flexible monthly payments with fixed interest rates. 18-month interest-free payment period available.

Quantifiable outcome

• Heating costs reduced by 50–80% with ground source heat pump replacement for oil or electric heated homes
• +5 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• RototeccoreStrategic or Co-development PartnerRototec is Europe's largest and most experienced ground source heat well provider. Lämpökarelia partners with Rototec for drilling ground source heat wells (maalämpökaivo) as part of their ground source heat pump installations. This partnership enables Lämpökarelia to offer complete turnkey ground source heating solutions from heat well drilling to final connections.
• BoschcoreTechnology or IntegrationBosch is the primary heat pump brand sold, installed, and serviced by Lämpökarelia. As a certified Bosch Lämpömestari (Heat Master), Lämpökarelia receives specialized training, extended warranty programs (6-year standard, 10-year compressor warranty), and marketing support. Products include ground source heat pumps, air-water heat pumps, and exhaust air heat pumps.
• ThermiacoreTechnology or IntegrationThermia is a major heat pump brand offered by Lämpökarelia. Products include Thermia Atlas, Thermia Calibra, and Thermia Legend — ground source heat pumps distributed and installed by Lämpökarelia in their service area.
• Rakennustoimisto Eero Reijonen OycoreChannel Partner/ Reseller/ DistributorRakennustoimisto Eero Reijonen Oy is a recurring main contractor partner on Lämpökarelia's construction projects. Eero Reijonen acts as general contractor on projects such as Noljakan palvelutalo, GTK-Outokumpu, Pamilonkatu 9, and S-Market Suvantokatu, with Lämpökarelia serving as HVAC subcontractor.
• OrasminorChannel Partner/ Reseller/ DistributorOras is a leading faucet and sanitary ware brand whose products are available at Lämpökarelia's Joensuu showroom. Oras faucets combine durability, design, and environmental responsibility.
• IDOminorChannel Partner/ Reseller/ DistributorIDO is a Finnish sanitary ware brand (sinks, toilets) available at Lämpökarelia's showroom. IDO products include a wide range of sinks and modern and traditional style toilets.
• GustavbergminorChannel Partner/ Reseller/ DistributorGustavberg is a sanitary ware brand available at Lämpökarelia. Provides modern and durable toilets, with both floor-mounted and wall-mounted options.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bravida Finland: Nordic installer of HVAC, electrical, and plumbing systems with operations across Finland. Directly comparable business model — project-based HVAC contracting, residential and commercial service, recurring maintenance — at meaningfully larger scale; the closest operating peer for Lämpökarelia's LVI-urakointi and 24/7 service offerings.
• Consti Talotekniikka Oy: Helsinki-listed Finnish building services and renovation contractor specializing in HVAC, plumbing, and electrical work for residential, commercial, and public-sector buildings. Same KVR-style turnkey contracting model and customer segments as Lämpökarelia, with strong reference in putkiremontti-style renovations.
• Assemblin Finland: Nordic installation and service provider covering HVAC, plumbing, and electrical systems with Finnish operations. Directly comparable in service offering and customer mix, with broader geographic reach; useful benchmark for HVAC service pricing and maintenance contract structures in Finland.
• Quattroservices Oy: Finnish HVAC, plumbing, and building automation services provider serving residential, commercial, and industrial customers. Comparable mid-size Finnish LVI contractor profile with overlapping service portfolio (HVAC contracting, maintenance, energy retrofits).

Broad incumbents

• Are Oy (now part of Caverion): Finnish HVAC and building systems contractor (acquired by Caverion in 2021) with deep roots in LVI-urakointi for commercial, industrial, and public-sector clients. Effectively the prior form of Caverion's Finnish business; relevant historical reference for enterprise HVAC contracting at the scale Lämpökarelia targets.
• Caverion Corporation: Finland-headquartered, Helsinki-listed provider of building solutions including HVAC, plumbing, and technical facility services across the Nordics. Larger scale and broader portfolio, but overlapping HVAC contracting and energy-efficiency retrofit capabilities make it the most relevant incumbent benchmark for Lämpökarelia's enterprise project work.
• Nibe AB: Swedish-listed manufacturer of heat pumps and HVAC equipment. Not a direct services competitor, but a key equipment brand competing in the same Finnish heat pump installation market where Lämpökarelia's Bosch/Thermia/Viessmann portfolio competes — and a relevant benchmark for the value chain economics of installer-led heat pump deployment.
• Bosch Thermoteknik (Bosch Home Comfort): Manufacturer of Bosch heat pumps and HVAC equipment distributed in Finland. Lämpökarelia is a certified Bosch Lämpömestari installer, making Bosch both a partner and an upstream incumbent whose brand decisions (certifications, warranty terms, channel structure) directly affect Lämpökarelia's market position.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Lmpkarelia-351927222055272
• Instagraminstagram.com/lampokarelia
• LinkedInlinkedin.com/company/l-mp-karelia-oy

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Lämpökarelia Oy