Yliskulma, Finland, February 12, 2016 –Jukova Corporation Oy has entered into an extensive co-operation and ownership agreement with Vevales Oy, a pioneering cleantech company based in Vaasa, Finland, providing special, high-performance lightning solutions.

Vevales Oy, changing its name to Jukolux Oy, is part of Jukova Corporation Oy’s New Ventures business area. The first set of Jukolux products focuses on IECEx certified applications for explosive atmospheres in a range of industries and areas that form a 750 MEUR, rapidly growing global market. The IECEx certified production and assembly of the products commence in Summer 2016 at a dedicated area within Jukova Corporation Oy’s production plant in Yliskulma. The first installations to customers start in Fall 2016.

“This is a great business opportunity for us, providing our company with both stand-alone products and additional applications within our marine (Meridian), rolling-stock (Decorian) and street furniture (Jukova Brands) business areas. We are very pleased to welcome the highly skilled Jukolux team to our New Ventures business area.”, says Managing Director of Jukova Corporation Oy.

"We find it great that we can unite our strong know how of new technology, strong aluminum knowledge and traditional manufacturing unit of Jukova Corporation together. Our common goal is to developed competitive products for global markets”, comments Ismo Aukee, Managing Director, Jukolux Oy.

 

For further information, please contact:

Jukova Corporation Oy
Managing Director
Hannu Suna
Tel. +358-(0)10 474 4249
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http://www.jukova.com 

Jukolux Oy
Managing Director
Ismo Aukee 
Tel. +358-(0)500-469204
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http://www.jukolux.fi

 

Yliskulma, Finland, February 12, 2016 –Jukova Corporation Oy has launched a production technology investment program that aims at increasing the productivity and capacity of all four business areas.

The 7-digit investment program ending 2018 contains both state-of-the-art production machines with increased automation levels and technologies for engineering purposes.

“With the investments we are focusing on satisfying more demanding customer needs. We are able to strengthen further our key production and engineering capabilities, and provide our customers from the outset with attractive outputs.”, summarizes Jari Koskinen, Chairman of the Board, Jukova Corporation Oy.

 

For further information, please contact:

Jukova Corporation Oy
Chairman of the Board
Jari Koskinen 
Tel. +358-(0)40-8371217
This email address is being protected from spambots. You need JavaScript enabled to view it. 
 
Managing Director
Hannu Suna
Tel. +358-(0)10 474 4249
This email address is being protected from spambots. You need JavaScript enabled to view it.
 
http://www.jukova.com

 

 

Jukova continues its business operations in all areas with new ownership. All Jukova’s operative functions have been acquired by a new company, Jukova Corporation Oy, on 23 September 2015. The transaction was made between Jukova’s bankruptcy estate and Jukova Corporation Oy. The new company employs some 50 people and the cumulative effect on employment through business networks is at least 100 man-years. Jukova is located in Lieto, Finland approximately 150km from the capital Helsinki.

Mr. Markus Pastinen, age 44, has been appointed as Managing Director of Jukova Corporation Oy. Mr. Pastinen has a doctoral degree in technology and is well known for his visionary work in the field of process and company network improvement in Finland. He has been involved in numerous organisational improvement projects internationally. His book titled “High-Performance Process Improvement” has been globally published by the German publisher Springer Verlag (Berlin/Heidelberg) in 2010.

The Chairman of the Board Mr. Jari Koskinen, age 55, is Doctor of Economics and one of the founding partners of Vacon Plc. He has been part of Vacon’s Management Team and Board of Directors for several years. Mr. Koskinen was responsible for Vacon’s production and sourcing activities globally, and he has also been acting as Managing Director of Vacon’s Chinese operations. His doctoral dissertation “A Dynamic Business Model for High-Tech Industry in a Global Environment” presents concepts and business models that constitute a great amount of Vacon’s critical success factors.

The new owners of Jukova Corporation Oy include three founders or key persons of Vacon Plc who all have a strong industrial background, and many key persons of Jukova Oy. Jukova Corporation Oy continues business in all areas, and will integrate its customer service more deeply with customers’ processes and business objectives. The target of the company is to better understand customer expectations, and based on this improve key internal and external processes for the delight of the customers, employees and owners.

Jukova’s business operations have been based on aluminium products and project solutions for a variety of industrial customers. Jukova Corporation Oy is aiming at a significant growth in the international market, especially in the railway and marine sectors. An investment program will be deployed and executed during the years to come. This program will focus on developing new solutions and products, aligned with continuously competitive high-performance processes and networks.

We are more than delighted to answer any questions related to subject, and kindly invite new and old customers to take part in this exciting journey. Please contact:

Jukova Corporation Oy

Chairman of the Board
Jari Koskinen
This email address is being protected from spambots. You need JavaScript enabled to view it.
+358 40837 1217

Managing Director
Hannu Suna
This email address is being protected from spambots. You need JavaScript enabled to view it.

+358 (0)10 474 4249

Did you know that we

  • run our own business incubator (New Ventures)?
  • deliver floor-to-floor interior systems for the rolling stock industry? 
  • provide sales engineering services - free of charge?
  • have more than 50 years of foundry experience?
 
 

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Contact information

Jukova Corporation Oy
Jukovantie 20
21430 Yliskulma
FINLAND

Tel. +358 10 474 444
Fax +358 10 474 4290

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