Aurea Group

What Aurea Group does

Aurea Group is a privately held Finnish machine workshop consortium formed by Aurea Steel Oy Ab and PKP Machining (Pöytyän Koneistuspalvelu Oy). It supplies industrial B2B customers with custom medium- and heavy-weight metal fabrication, including CNC and 5-axis machining, submerged arc welding, heat treatment, surface treatment, and assembly. Its offering spans individual parts to complete, turnkey assemblies for components up to 120 tons, supported by approximately 17,000 m² of production space across two Finnish facilities and 100+ tons of lifting capacity. The company holds ISO 9001, ISO 14001, ISO 45001, ISO 3834-2, and EN 1090-2 EXC4 certifications, the latter being the highest execution class for load-bearing structures and held by only a portion of Finnish metal and workshop companies.\n\nThe group targets heavy industrial manufacturers and customers in marine, offshore, energy, pulp and paper, mining, transport, and defense applications. It also offers custom thermal energy storage/water batteries (Lämpöakut) in 100–600 m³ configurations for district heating, industrial waste-heat recovery, reserve markets, and renewable-energy storage. Revenue is generated through direct B2B sales, quote-based project orders, and long-term manufacturing contracts; revenue, ARR, and headcount are not publicly disclosed, and pricing is not listed.

Name

Aurea Group

Legal name

Aurea Group

Website

https://aureagroup.fi

Company type

Private

Operating status

Operating

Short description

Aurea Group is a Finnish privately held machine workshop consortium serving heavy-industrial customers with custom metal fabrication, CNC and 5-axis machining, welding, heat and surface treatment, and assembly, including large components up to 120 tons.

Ownership category

akta.pro rank

Headquarters

HQ city

Kankaanpää

HQ country

Finland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Custom Manufacturing Services: Project-based manufacturing services for industrial customers including parts manufacturing, welding, machining, heat treatment, surface treatment, and assembly. Revenue is generated through one-time project orders and long-term manufacturing contracts with B2B industrial customers. The company offers turnkey deliveries from single parts to complete assemblies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Aurea Group is a Finnish machine workshop consortium that delivers heavy industrial metal fabrication, machining, treatment, welding, and assembly services through its two operating subsidiaries — Aurea Steel Oy Ab in Kankaanpää and PKP Machining in Riihimoski. The group manufactures and processes heavy components and welded assemblies for customers in marine, offshore, energy, forest/pulp/paper, mining, and transport/defense industries. It also develops and supplies thermal energy storage (Lämpöakut) and LED lighting products.

Product overview

Aurea Group is a Nordic machine workshop group consisting of two production units: Aurea Steel Oy Ab (Kankaanpää) and PKP Machining/Pöytyän Koneistuspalvelu Oy (Riihikoski). The group offers a comprehensive service portfolio including component manufacturing, plate and welding work, heat treatment, machining, surface treatment, and assembly. Aurea Steel focuses on medium to heavy-weight products with plate works, welding, and assembly, while PKP Machining specializes in heavy-duty machining of components up to 120 tons. The group also manufactures thermal energy storage systems (water batteries). Together, the two companies provide end-to-end manufacturing capabilities for industrial customers in maritime, offshore, energy, mining, forestry, transport, and defense sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Component Manufacturing (Osavalmistus) Component manufacturing service producing heavy industrial metal components for customers in marine, offshore, energy, forest/pulp/paper, mining, and transport/defense sectors.
• Plate and Welding Work (Levy- ja hitsaustyöt) Plate fabrication and welding service delivering heavy welded structures and assemblies to industrial customers.
• Machining (Koneistus) Industrial CNC machining service for heavy metal components and parts.
• Heat Treatment (Lämpökäsittely) Heat treatment service for metal components to achieve required material properties.
• Surface Treatment (Pintakäsittely) Surface treatment service for metal components including finishing and coating processes.
• Assembly (Kokoonpano) Industrial assembly service combining fabricated, machined, and treated components into finished units for industrial customers.
• Thermal Energy Storage (Lämpöakut) Thermal energy storage product developed and supplied by Aurea Group for industrial and energy applications.

Quantifiable outcome

• Components up to 120 tons weight can be manufactured
• +2 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• MTC FlextekcoreTechnology or Integration · 1 January 2021MTC Flextek represents Ibarmia machines in Finland and installed the first Ibarmia Star ZVH45 L1500 of this size class in Finland at PKP-Machining facility.
• IbarmiacoreTechnology or IntegrationSpanish family company known for large and efficient machining centers. Supplied Ibarmia Star ZVH45 L1500 5-axis machining center to PKP-Machining.
• BOST Machine ToolscoreTechnology or IntegrationSpanish machine manufacturer established in 1972, supplying customized BOST VTL 68 CY carousel lathe capable of machining up to 120 ton components.
• Pemamek OycoreTechnology or IntegrationFinnish manufacturer of welding and production automation solutions for heavy welding metal industry. Supplied customized PEMA HD S 7x6 submerged arc welding tower for large component welding. 3-year maintenance contract.
• Kuljetus Isoviita OyminorOthersSpecialized transport company responsible for special transport of 87-ton district heating accumulator from production facility to installation site (over 9m wide and over 26m long transport).

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Normek Oy: Finnish structural steel and metal fabrication company serving industrial, energy, and infrastructure customers with welding, machining, and surface treatment capabilities — directly comparable in scope, geography, and customer mix to Aurea Group.
• Stimas Oy: Finnish contract metal fabricator specializing in heavy welding and machining for industrial OEMs. Comparable in service portfolio (welding, machining, assembly) and target markets to Aurea Steel and PKP Machining.
• Komaspec Oy: Finnish manufacturer of heavy machined and welded components for marine, offshore, and energy customers. Overlaps with Aurea Group's heavy-component (5-120 ton) machining and welding capabilities for similar end markets.
• Steelmill Oy: Finnish steel structure and contract manufacturing company offering heavy welding, machining, and assembly services to industrial clients. Comparable scale and Nordic customer base to Aurea Group.

Broad incumbents

• Pemamek Oy: Finnish manufacturer of welding automation and heavy fabrication equipment. While primarily an equipment supplier to Aurea, Pemamek also provides fabrication services, placing it as a broader incumbent in the same heavy-welding value chain.
• Meyer Turku Oy: Major Finnish shipyard serving cruise, ferry, and naval customers. While shipbuilders rather than fabricators, Meyer Turku is a key potential customer for Aurea Group's marine and offshore components and operates in the same value chain.
• Rauma Marine Constructions: Finnish shipbuilder specializing in offshore and specialized vessels. Represents a customer-side incumbent that procures heavy fabricated and machined components — overlapping with Aurea's maritime/offshore customer base.
• Wärtsilä Finland Oy: Finnish marine and energy equipment manufacturer that sources heavy fabricated and machined components. Operates a much broader portfolio than Aurea but represents an important Finnish customer base and capability benchmark in overlapping sectors.

Regional players

• Compona AG: Swiss-based metal fabrication and machining company serving heavy industry across Europe. Comparable business model to Aurea Group but with a Central European rather than Nordic geographic focus.
• Steel Projects Norway AS: Norwegian metal fabrication and structural steel supplier to offshore, marine, and energy customers. Comparable heavy welding and assembly capabilities to Aurea Steel with Norwegian offshore market overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/aureagroupfi
• LinkedInlinkedin.com/company/aurea-group-finland
• Instagraminstagram.com/aureagroupfi

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 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 Aurea Group