KWH Logistics
We are still Finland’s largest port operator, both in terms of volumes and geographical presence.
Improved result despite
continued challenging market
THE LAST FEW years have not been easy in our industry. The change in the world market situation and the war in Ukraine suddenly altered much of the flows of goods in and out of Finnish ports, and the total flows of goods continued to fall in 2024 as well.
This has also been felt in KWH Logistics’ operations, of course, but thankfully we have more than one leg to stand on. We have long been committed to offering entire logistics chains also outside the ports, and last year we saw growth in industrial logistics and the terminals we have built around the country. International transports also grew somewhat, as did ship customs clearance. All these bright spots compensate for the weaker performance of the ports. I am particularly proud that, in this challenging market situation, we managed to achieve a substantial improvement in result by means of strategic development and significant cost efficiency measures.

WE ALSO have other things to celebrate as we look back on last year. Persistent efforts to reduce the number of accidents have borne fruit, and we saw the accident rate fall by 16%. This is the result of many small actions, and we have also worked on changing attitudes with themed days and training.
Corporate culture is crucial, not only to prevent accidents, but also to create a profitable business with a satisfied workforce in the long term. We want to create a culture in which people have trust in management, and part of this has involved improving internal communication. One indication that we are on the right track is that, according to surveys, our personnel is more satisfied than before. Our customers are also satisfied: our NPS index stands at 54, which can be considered an excellent level.
KWH Logistics is known among its customers for its ability to quickly implement challenging, large projects and investments. Last year, the pace of investment was slower, but it is gratifying that a large part of the investment went into renewing a part of our fleet of 600 machines and making it more environmentally friendly. When we invest in machinery, low emissions and electric power are now key considerations in the purchasing decision.
We handled a total of 24 million tonnes of cargo in ports, terminals, and industrial areas
KWH LOGISTICS is still Finland’s largest port operator, in terms of both goods volumes and geographical presence. Last year, we handled a total of 24 million tonnes of goods in ports, terminals and industrial areas. We operate in 15 different ports, of which two relatively new ones, Oulu and Kemi, developed very well last year. At the port of Kemi, we mainly handle wind turbine parts, and in the long term we see great opportunities in northern Finland.
In the uncertain world of today, those of us working in logistics must adapt to the new reality. This means we need to build more robust supply chains that are less vulnerable, and we need to be able to adapt quickly to new circumstances.
Thankfully, flexibility and speed have always been part of KWH Logistics’ corporate culture. Ultimately, 2024 turned out to be a really good year, even though it did not look like it at the beginning of the year. We have many interesting projects on the negotiating table and are confident about the future.

Joakim Laxåback
Head of Division, KWH Logistics
Share of KWH Group's
turnover
personnel
gross investments
Turnover: 153 MEUR
Investments: 18 MEUR
Personnel: 604
Management team

Vesa Peltola
ICT Director, KWH Logistics

Mona Andersson-Kuorikoski
HR Director, KWH Logistics

Petri Lehtipuu
ESQ Director, KWH Logistics

Tero Kosonen
Managing Director, Rauanheimo

Pekka Pöllänen
Managing Director, Adolf Lahti

Johan Smedjebacka
Director, Backman-Trummer Freight Forwarding