Veljekset Hokkanen

What Veljekset Hokkanen does

Veljekset Hokkanen Oy is a privately held, founder-owned Finnish forestry contracting company headquartered in Kangasniemi, South Savo, and operating across Kangasniemi, Mikkeli, Pieksämäki, Naarajärvi, and parts of Hirvensalmi. Founded in 1994 by twin brothers Hannu and Esa Hokkanen after they completed forestry machine operator training in Mikkeli, the company delivers full-cycle timber harvesting services — planning, execution, and ground preparation (maanmuokkaus) — to major forest industry enterprises. Its two anchor enterprise customers are UPM Metsä and Metsä Group, each served by a founder-led account management function (Esa for UPM, Hannu for Metsä Group). A smaller third enterprise relationship with Järvi-Suomen Energia covers power line corridor harvesting and edge forest management.

The company runs a modern, asset-heavy fleet of Ponsse harvesters and forwarders (including Cobra, Elk, long-reach Elk with excavator tracks, Wisent, Scorpion, Buffalo) and Volvo EC160/EC140 excavators, supplemented by specialized raft/ferry equipment for island harvesting in the Puulavesi lake area and extended-reach guillotine heads for energy wood harvesting. Approximately 60-70 industry professionals are employed including partners, supported by subcontracted partner companies (e.g., Bonanzan Urakointi, Metsäajo Laitinen, PT Mototiimi, Koneurakointi Leikas). Operations are PEFC-certified, covering biodiversity, retention trees, deciduous tree proportion, riparian buffer zones, and deadwood management, with self-attested compliance subject to PEFC and customer audits.

The business model is a B2B professional services revenue model built on long-term direct contracts with forest industry clients; no public pricing or revenue is disclosed, and customer onboarding is via direct enterprise relationships rather than retail or digital channels. Workforce compensation is governed by collective agreements. The company's value proposition rests on certified sustainable operations, niche capabilities (island harvesting, winter and swamp harvesting, energy wood), regional density in South Savo, and 30 years of continuous operator experience. As of 2026 the company is operating and publishing news posts, though 2025 brought the longest furloughs in its history due to a record-length thaw season and maintenance shutdowns, with forward signals pointing to recovery in 2026.

Name

Veljekset Hokkanen

Legal name

Veljekset Hokkanen Oy

Website

https://www.veljeksethokkanen.fi

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

Veljekset Hokkanen Oy is a Finnish, founder-owned forestry contractor providing timber harvesting, forest management, energy wood, island, and power line corridor services to enterprise forest industry clients, primarily UPM Metsä and Metsä Group, across South Savo.

Ownership category

akta.pro rank

Product category

Forestry Contracting Services

NAICS

Support Activities for Forestry (1153), Forestry and Logging (113)

SIC

Forestry (800)

akta.pro primary industry

Mechanized Harvesting (Harvester/Forwarder) Operations (AFAMABAG)

akta.pro secondary industries

Forest Management & Silviculture Services (Cruising, Planning, Compliance) (IMAMAAAD), Logging & Timber Harvesting (IMAMAAAB)

Keywords

• Timber harvesting services
• Forestry contracting
• Forest management services
• Mechanical wood harvesting
• Energy wood harvesting

Headquarters

HQ city

Kangasniemi

HQ country

Finland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Timber Harvesting Services: Comprehensive timber harvesting services for forest industry companies including planning, implementation, and soil preparation. Services are provided under long-term contracts with UPM Metsä and Metsä Group.
2. Forest Management Services: Services include boundary forest management and power line corridor harvesting for Järvi-Suomen Energia.
3. Forestry Consulting Services: Forest management consulting including maintaining contact with forest owners and informing them about work progress.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Veljekset Hokkanen Oy provides contract-based timber harvesting and forest management services for major Finnish forest industry companies (UPM Metsä and Metsä Group) and the energy company Järvi-Suomen Energia. The company delivers full-cycle services from planning and execution through soil preparation, using a modern fleet of Ponsse harvesters/forwarders and Volvo excavators. Specialized offerings include island timber harvesting using raft equipment on Puula lake, energy wood harvesting with extended-reach guillotine heads, power line corridor harvesting, and PEFC-certified sustainable forestry operations.

Product overview

Veljekset Hokkanen Oy is a forestry-contracting company founded in 1994, offering a unified suite of timber harvesting and forest management services. Its core offering is Puunkorjuu (Timber Harvesting), a full-cycle service covering planning, execution, and ground preparation (maanmuokkaus). This is supported by specialized add-on services including Energiapuun korjuu (Energy Wood Harvesting), Saarikorjuu (Island Harvesting) using dedicated ferry equipment for island operations, Johtokatuhakkuut (Power Line Corridor Harvesting) for energy companies, and PEFC-Certified Forest Management. All services are delivered using a modern fleet of Ponsse (Wisent, Scorpion, Cobra, Buffalo) and Volvo (EC160, EC140) machinery, with customers primarily including UPM Metsä and Metsä Group.

Differentiator

Problem solved

Functional benefit

Products and services

• Puunkorjuu (Timber Harvesting) Full-cycle timber harvesting services covering planning, execution, and ground preparation (maanmuokkaus) delivered using modern Ponsse and Volvo machinery by trained operators for forest industry clients UPM Metsä and Metsä Group.
• Energiapuun korjuu (Energy Wood Harvesting) Specialized energy wood harvesting using extended-reach excavator-mounted guillotine heads for roadside, field-edge, and other energy-wood sites.
• Saarikorjuu (Island Timber Harvesting) Timber harvesting on islands using ferry/boat equipment (lauttakalusto) to transport machinery and timber across water bodies, particularly in the Puulavesi area.
• Johtokatuhakkuut (Power Line Corridor Harvesting) Power line corridor timber harvesting and edge forest management (vierimetsänhoito) conducted for Järvi-Suomen Energia.
• PEFC-sertifioitu metsänhoito (PEFC-Certified Forest Management) Forest management services compliant with PEFC certification standards, including biodiversity considerations, conservation buffer zones, and retention tree practices.

Quantifiable outcome

• High-quality harvesting results compliant with forest management recommendations
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• UPM MetsäcoreStrategic or Co-development PartnerLong-term timber harvesting and forest management contract partner. Company provides timber harvesting services including planning, implementation, and soil preparation for UPM Metsä operations in the South Savo region.
• Metsä GroupcoreStrategic or Co-development PartnerLong-term timber harvesting and forest management contract partner. Company provides timber harvesting services for Metsä Group operations including forest management.
• Järvi-Suomen EnergiaminorStrategic or Co-development PartnerContract for power line corridor timber harvesting and boundary forest management services.
• Bonanzan Urakointi OyminorChannel Partner/ Reseller/ DistributorPartner company in forestry contracting operations.
• Metsäajo Laitinen OyminorChannel Partner/ Reseller/ DistributorPartner company in forestry transport operations.
• PT MototiimiminorChannel Partner/ Reseller/ DistributorPartner company in forestry contracting.
• Koneurakointi Leikas OyminorChannel Partner/ Reseller/ DistributorPartner company in machine contracting.
• Tmi Jussi HämäläinenminorChannel Partner/ Reseller/ DistributorIndividual entrepreneur partner in forestry contracting.
• Tmi Tapio LahikainenminorChannel Partner/ Reseller/ DistributorIndividual entrepreneur partner in forestry contracting.
• PonssecoreTechnology or IntegrationForest machinery supplier providing modern Ponsse equipment. Company uses Ponsse harvesters and forwarders. Collaborates on forest work demonstrations.
• Koneyrittäjien Liitto ryminorOthersMember of the Finnish Forest Machinery Entrepreneurs Association.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Tornator Oy: Finland's largest private timberland manager and a major forestry contractor, operating similar mechanized timber harvesting operations across Finland. Both companies serve the same forest industry clients and operate with PEFC certification, making Tornator a directly comparable harvesting services peer.
• Finsilva Oy: Finnish timberland management company conducting harvesting and forest management operations across Finland. Directly comparable in mechanized timber harvesting, PEFC-certified operations, and serving major Finnish forest industry clients.

Broad incumbents

• Metsä Group: One of Veljekset Hokkanen's two primary clients and a major Finnish forest industry company with its own harvesting operations. Comparable as a broader forest industry player that both utilizes and competes with independent harvesting contractors.
• UPM-Kymmene Corporation: One of Veljekset Hokkanen's two primary clients and one of the world's largest forest industry companies. Comparable across forest management, timber sourcing, and PEFC-certified operations, with both outsourcing demand and internal harvesting capacity.
• Stora Enso Oyj: Major Finnish-Swedish forest industry company with its own timber harvesting operations and similar forest management service requirements. Comparable as a large forest industry player that competes for the same contractor relationships and forestry talent.

Others

• Ponsse Plc: Finnish manufacturer of harvesters and forwarders and Veljekset Hokkanen's primary equipment supplier and training partner. Comparable as part of the Finnish forestry ecosystem with collaboration on forest work demonstrations and equipment innovations.
• Komatsu Forest: Manufacturer of forestry machines including harvesters and forwarders, competing with Ponsse. While not a direct service competitor, Komatsu Forest represents the equipment ecosystem in which Veljekset Hokkanen operates and that influences capital expenditure decisions.
• John Deere Forestry: Major forestry equipment manufacturer with harvester and forwarder offerings. Comparable through the equipment ecosystem and as a potential alternative supplier for mechanized forestry operations.

Regional players

• Holmen AB: Swedish forest industry company with significant forestry operations and harvesting services. Comparable as a Nordic peer operating in similar conditions, though primarily serving Swedish rather than Finnish markets.
• Metsähallitus: Finnish state-owned forestry enterprise managing significant forest assets and contracting harvesting services. Comparable as a Finnish forestry operator that both competes for and provides forestry services in the same national market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCgFQxRbpgFjfuas9rlvgs-A
• Facebookfacebook.com/Veljekset-Hokkanen-Oy-100057172851428

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Veljekset Hokkanen