Nordic Ventures Group

What Nordic Ventures Group does

Nordic Ventures Group (NVG) is a privately held technical trading house founded in 1991 and headquartered in Helsinki, Finland. The company operates as a sales representative and technical intermediary for Nordic equipment suppliers — primarily Finnish — selling industrial machinery and components to the Asian pulp and paper industry. NVG runs a sales and service network across Indonesia, China, Thailand, Malaysia, and Singapore, supported by a small team of approximately 13 employees.

The portfolio spans the equipment needs of pulp, paper, and board manufacturers, sourced from suppliers such as Procemex, Raumaster (which absorbed Quattroll), Rantotek, Suzhou Hailu Heavy Industry, Saalasti, Satron, Assalub, Sammet, Viafin, Ketjurauma, Andao, KxS, Sitek, and Moventas Santasalo. Specific product categories include BFB (bubbling fluidized bed) boilers, wear protection solutions, paper machine quality inspection systems (from Procemex), debarking and screening equipment, and pulp drying machinery. NVG provides local technical sales, installation oversight, and aftermarket support, embedding itself between European OEMs and Asian mills as a localization layer.

NVG's revenue model is commission- or margin-based on equipment and component sales, with income tied to large capital projects at paper mills. Its customer base consists of named enterprise accounts including Gold East Paper, Shandong Chenming, APRIL (Riau Paper), UPM China, Shandong Sun Paper, Tjiwi Kimia, Rizhao Pulp Mill, Xin Hui, Ningbo Xiaogang, and Gold Hua Sheng. The business is privately held with no external funding rounds disclosed, and ownership/management transitioned in 2021 with Tuomas Hemmi taking over from Sakari Kuikka.

Name

Nordic Ventures Group

Legal name

Nordic Ventures Group

Website

https://nvg.fi

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Nordic Ventures Group is a Helsinki-based technical trading house representing Nordic equipment suppliers to the Asian pulp and paper industry, operating across Indonesia, China, Thailand, Malaysia, and Singapore with sales, project coordination, and aftermarket support services.

Ownership category

akta.pro rank

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Equipment and Component Sales: Nordic Ventures represents Nordic equipment suppliers and generates revenue through sales commissions and margins on equipment sales to Asian pulp and paper manufacturers. They offer high-value products including process equipment, automation systems, and instrumentation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Nordic Ventures Group is a technical trading house established in 1991 that represents leading Finnish and Nordic equipment manufacturers, selling process equipment, automation systems, instrumentation, and engineered wear parts to pulp and paper manufacturers across Asia. The company provides local technical sales, service, and after-sales support through offices in Singapore, Beijing, Jakarta, and Thailand, offering troubleshooting and inspection services free of charge even beyond warranty periods.

Product overview

Nordic Ventures Group (NVG) is a technology trading company serving the Asian pulp and paper industry since 1991, representing leading Finnish and international equipment suppliers. The company offers a comprehensive portfolio organized across four main product categories: (1) Paper Production covering roll handling, wrapping, winding, spreading, and conveyor chains via Raumaster Paper and Quattroll brands; (2) Pulp Production including wood handling, lime kiln/recovery boiler systems, bleaching towers, and lubrication via Raumaster, Viafin, and Assalub; (3) Energy & Environment featuring FBC/FBB boilers (Suzhou Hailu/Rantotek), solid fuel/ash handling, dampers (Sammet), fans, pneumatic conveying, biomass processing (Saalasti), and lubrication; (4) Instruments & Automation providing machine vision (Procemex TWIN), pressure/consistency transmitters (Satron), refractometers (KxS), pneumatic distribution (Sitek), and wood yard controls. Key represented brands include Procemex, Raumaster Paper, Quattroll, Rantotek, Suzhou Hailu, Saalasti, Satron, Assalub, Sammet, Viafin, Ketjurauma, Andao, and KxS. The company provides local technical service in China, Indonesia, Thailand, and Singapore.

Differentiator

Problem solved

Functional benefit

Products and services

• Procemex TWIN Web Monitoring and Web Inspection System Integrated Web Monitoring (WMS) and Web Inspection (WIS) system using Procemex-Flex high-speed programmable matrix cameras and stroboscopic LED illumination for real-time paper quality analysis, web break detection, and paper machine monitoring. Targeted at paper manufacturers.
• Roll Handling and Warehouse Systems (Raumaster Paper) Fully automatic paper roll handling systems including Mastergrip overhead crane warehouse solution with RFID-ready management system, automatic warehouse systems, and CleanCut patented core cutting process for paper mills.
• Roll Wrapping Machines (Raumaster Paper) Roll wrapping machines (30-180 rolls/hour) including Master and Modulwrap product lines using plastic film, kraft or combination wrapping. Includes Stretchmaster radial stretch film wrapping, Axial Stretch Film Wrapping, Spiralmaster kraft wrapping, and automatic labelling devices.
• Quattroll Winders and Reelers High-speed automatic winders and reeler technology including two drum winders, shaftless rewinders, turret winders, roll wagons, reel spools, pope reel and re-reeler. Market leader in fully automatic high-speed medium-size winders.
• Tevo Spreader Rolls Spreader rolls with fixed or variable bow, rubber or steel covers, various surface finishes (teflon, hard chromium, tungsten carbide, molybdenum, air removal grooves). Also provides complete overhauls of existing spreader rolls.
• Winder and Sheeter Spare Parts Spare parts for winders and sheeters including expanding chucks, special rolls, pneumatic shafts, and spare part sets for slitter rewinders compatible with Valmet(Metso), Jagenberg, ECH Will, and Bielomatic equipment.
• Wood Handling Systems and Equipment (Raumaster) Complete wood handling equipment including chip storage, debarking drums, chippers, screw reclaimers, Rotomaster debarker for eucalyptus, Chipmaster rechipper, Screenmaster thickness screen, and automation systems for log receiving, slashing, chipping, water handling, bark handling, and conveying.
• Lime Kiln and Recovery Boiler Handling Systems (Raumaster) Material handling systems for lime kilns and recovery boilers, including conveyors for wet lime sludge, dry lime, hot lime dust, and hot burnt lime, plus recovery boiler conveying equipment. Raumaster is the leading supplier of recovery boiler conveyors in Europe.
• Bleaching Towers (Viafin) Pulp bleaching tower equipment using Viafin's own manufacturing technology and jacking method. Viafin has built the biggest bleaching towers in the world (11,000 m3) and worked on major pulp mill projects in Brazil, Chile, and Russia.
• Automatic Grease Lubrication Systems (Assalub) Assalub dual line centralized grease lubrication systems for machines with multiple lubrication points, used in paper machines, pulp, steel and saw mills. Includes barrel grease pumps, dual line pump (1:65 ratio), dosers, and Luberight computer-aided manual lubricator system.
• Conveyor Chain (Ketjurauma) Welded conveyor chains for demanding applications including drag chains with forged links, chains for paper roll conveyors (slat conveyors), and chain sprockets (chain wheels).
• FBC/BFB Boilers (Suzhou Hailu & Rantotek) Fluidized Bed Combustion (FBC) and Bubbling Fluidized Bed (BFB) boilers designed by Rantotek and manufactured by Suzhou Hailu Heavy Industry, capable of burning coal, biomass, sludge, and mill waste. Hailu manufactures CFB boilers up to 410 tph, with recent delivery of 165 tph BFB boilers to Chinese paper mills.
• Air and Flue Gas Fans for Power Boilers Industrial fans for power boiler applications including Combustion Air Fans, Flue Gas Fans, Circulation Gas Fans, Dry Filter Fans, Flue Gas (ID) Fans, and Scrubber Fans.
• Dampers (Sammet) World-leading damper technology by Sammet including Disc Dampers for corrosive and dust-laden conditions, Guillotine Dampers for narrow spaces, and Louver and Butterfly Dampers tailor-made to specifications.
• Solid Fuel Handling Systems (Raumaster) Complete multi-fuel feeding systems to fluidized bed boilers including receiving, screening and crushing, and boiler infeed sections. Raumaster is considered one of the leading companies in solid fuel handling and feeding systems.
• Bottom Ash Handling Systems (Raumaster) Ash handling equipment including systems for collecting, cooling, conveying, storage, and dry and wet loading of bottom ash from boilers.
• Pneumatic Conveying Systems (Raumaster) Pneumatic conveying systems with capacity up to 100 t/h, supporting lean phase, dilute phase or dense phase systems. Includes injection systems, special valves for bulk materials, and instrumentation and automation.
• Biomass Chippers and Crushers (Saalasti) Heavy-duty bioenergy machinery including Saalasti Chipper H (horizontal feed), Saalasti Crush H (stump and forest residual crusher), Saalasti Crush V (vertical all-purpose crusher), and Saalasti Press bark press with 20+ year service life.
• Pressure Transmitters (Satron) Satron PREON Pressure and Level Transmitters (V-series) with patented Pasve service valve for liquid level, pressure and differential pressure measurement in difficult process applications. Allows transmitter disconnection for maintenance without stopping the process.
• Consistency Transmitters (Satron LUMINA) Satron LUMINA Consistency Transmitters and Satron Save Sampling Valves for pulp and paper process measurement applications.
• Process Refractometers DCM-20 PASVE (KxS) Patented 6th generation retractable process refractometer for dry solids content measurement in black liquor, green liquor, and brown stock washing. Features PASVE isolation valve with over 75,000 installations worldwide.
• Pneumatic Air Distribution Systems (Sitek) Sitek fieldbus junction box solution with Profibus DP, Sitek Multipurpose Manifold (SMT) with individual shut-off valves for on-line maintenance, and Sitek double filter for air quality at junction box inlets.
• Woodsmart Control System for Wood Yards Control system for automated wood yard operations and management.
• Screen Baskets (Andao) Andao Screening Equipment wedge wire screen baskets (2000+ sets/year), drilled hole screen baskets (3000+ m2/year), and other drilled hole and slotted plates. Manufacturing capability up to 2500mm diameter x 3200mm height, with minimum slot size 0.1mm and hole size 0.15mm.

Named customers10 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature7 records

Partnerships

14 partnerships are on record, tiered core.

• Moventas SantasalocoreChannel Partner/ Reseller/ Distributor · 1 April 2008Agency agreement signed April 1, 2008 to improve Moventas customer service in Asian fiber and paper industry. Covers all fiber and paper industry products and services in Moventas industrial gear range. Moventas designs, manufactures and markets drive units for process industries under the Santasalo trademark.
• RaumastercoreTechnology or IntegrationRaumaster supplies bark storage systems, wood handling equipment, roll handling and warehouse systems, recovery boiler conveyors, lime kiln handling systems, ash handling, solid fuel handling, pneumatic conveying systems, and roll wrapping machines. Leading supplier of recovery boiler conveyors in Europe.
• RantotekcoreStrategic or Co-development PartnerFinnish boiler engineering company specialized in Fluidised Bed Combustion (FBC) and Municipal Solid Waste (MSW) boiler design. Provides EPCM services including engineering design, procurement assistance, and construction management for bioenergy projects.
• ProcemexcoreTechnology or IntegrationFinnish machine vision system provider, market leader in paper machine camera automation. Products include integrated Web Monitoring (WMS) and Web Inspection (WIS) systems called PROCEMEX TWIN, utilizing high-speed matrix cameras and stroboscopic LED illumination.
• Suzhou Hailu Heavy IndustrycoreStrategic or Co-development PartnerChinese manufacturer founded in 1956, listed in Shenzhen Stock Exchange since 2008. Manufacturer of industrial CFB and HR boilers and pressure vessels. Cooperates with Rantotek to build multifuel BFB boilers. Global customers include Shell Coal, Alstom, Foster Wheeler, US Steel, Nippon Steel, Baosteel.
• SaalasticoreTechnology or IntegrationFinnish manufacturer of innovative heavy-duty bioenergy machinery including stationary forest-based biomass chippers, crushers, cutters and bark dewatering presses. Machines used worldwide in power plants and wood rooms.
• Quattroll (now Raumaster Paper)coreTechnology or IntegrationFinnish market leader in fully automatic, high speed medium size winders and reeler technology. Merged into Raumaster Paper operations. Product range includes two drum winders, shaftless rewinders, turret winders, and laminating machines.
• ViafincoreTechnology or IntegrationFinnish company with unparalleled track record in pulp tower manufacturing using own manufacturing technology and jacking method. Involved in biggest pulp mill projects in Brazil, Chile, Russia. Built and erected biggest bleaching towers in the world (11,000 m3). Main customers include Andritz and Metso.
• Assalub ABcoreTechnology or IntegrationSwedish manufacturer of lubrication equipment since 1928. Leader in barrel grease pumps and centralized grease lubrication systems for paper, steel and process industry. Dual line systems designed for rough working conditions with acid-resistant steel components.
• Andao Screening Equipment Mfg CocoreTechnology or IntegrationLeading Chinese exporter of screen baskets with advanced technology and nearly 30 years experience. Manufacturing plant near Beijing produces wedge wire screen baskets (2000+ sets/year), drilled hole screen baskets (3000+ m2/year). Entered Indonesian market with NVG in 2009.
• SatroncoreTechnology or IntegrationFinnish specialized manufacturer of transmitters for pressure measurement applications (liquid level, pressure, differential pressure). Continues 75-year tradition of Valmet instrument manufacturing. Patented Pasve service valve allows maintenance without stopping process.
• KxS (Process Refractometers)coreTechnology or IntegrationManufacturer of patented 6th generation KxS retractable process refractometer DCM-20 PASVE system for dry solids measurement in pulp mills. Features patented safety design with PASVE isolation valve. Over 75,000 installations worldwide.
• SitekcoreTechnology or IntegrationFinnish manufacturer of pneumatic air distribution systems including Sitek Junction Box Fieldbus solution, multipurpose manifolds, and double filters. Reference projects include APRIL Indonesia, UPM China, Rizhao pulp mill.
• SammetcoreTechnology or IntegrationFinnish technology leader in Marine and Industrial Dampers. Global market leader with products in use in more than 80 countries. Product lines include Disc Dampers, Guillotine Dampers, and Louver/Butterfly Dampers for demanding environments.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• DKSH: Swiss-listed market expansion services company that helps European and US industrial brands sell and distribute their products across Asia. Closest business-model peer to NVG: represents principals, runs local offices, and provides after-sales service, just at much larger scale and across more verticals.
• Jebsen & Jessen: Singapore-headquartered industrial trading and engineering group that represents European industrial principals across Southeast Asia. Closely comparable operating model to NVG (multi-country local offices, agency relationships, after-sales service), making it the most relevant direct competitor for Asian distribution.

Emerging players

• PMP Group: Polish paper machinery and tissue equipment manufacturer with a smaller Asian sales footprint than the major OEMs. Competes in NVG's target paper-mill capex projects in China and Southeast Asia and represents the kind of mid-sized European paper equipment OEM that NVG could either resell complementary product for or face as a competitor.

Broad incumbents

• Voith: German family-owned engineering group with a major paper, board, and tissue machinery division. Operates directly in Asian pulp & paper markets, supplying the same mill customers NVG serves through its represented brands.
• Metso: Finnish-listed leader in aggregates, mineral processing, and metals refining equipment (post-Outotec demerger). Sister ecosystem to NVG's Finnish principals, competing for similar Asian industrial capex budgets and overlapping in process equipment for resource-intensive industries.
• ABB: Swiss-Swedish industrial automation and electrification major. NVG's automation offering (Procemex, Satron, Sitek Fieldbus, Woodsmart) competes for the same instrumentation and control budget at pulp & paper customers that ABB targets with its larger DCS and drives portfolio.
• Alfa Laval: Swedish industrial group specializing in heat transfer, separation, and fluid handling — sold into pulp & paper and process industries globally. Sells direct and via channel partners across Asia in the same customer base NVG addresses.
• Sulzer: Swiss industrial engineering company with pumping, mixing, and separation solutions for process industries including pulp & paper. Comparable Asian channel-and-service profile to NVG, supplying equipment to the same mill customers.
• Valmet: Finnish-headquartered global leader in pulp, paper, and energy process technologies and services. NVG supplies complementary parts and represents non-competing Nordic principals into the same Asian mills where Valmet's own equipment is installed; Klim-ko explicitly names Valmet-compatible winder spare parts.
• Andritz: Austrian technology group supplying pulp & paper, hydropower, metal processing, and separation equipment. Named as a main customer of Viafin (an NVG principal) and competes/overlaps with several represented brands at NVG's Asian paper customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nordic-ventures-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Nordic Ventures Group