
About Harvia
Harvia is a publicly listed company based in Muurame (Finland) founded in 1950. Harvia is recognized as a leading manufacturer of sauna and spa equipment. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. Harvia has completed 2 acquisitions, including Almost Heaven Saunas and EOS Sauna Technology. Harvia offers products and services including Harvia Fenix, Harvia Cilindro, Harvia Spirit, Harvia Frosty, and Harvia GreenFlame. Its focus areas include Consumer Goods, Home Improvement and Sauna & Spa Equipment.
Company details
Harvia is established as a prominent manufacturer of sauna and spa solutions, with a focus on health and relaxation benefits. Based in Finland, the company has been operating for 75 years, serving customers in over 90 countries. A wide range of products, including electric and wood-burning heaters, infrared systems, and steam solutions, are offered for both residential and commercial use. Innovation and sustainability are prioritized, as seen in eco-friendly designs like the GreenFlame series. Global markets are reached through direct sales and a network of resellers.
- Annual Revenue$233.71 M (USD)13.52as on Dec 31, 2025
- Net Profit$31.07 M (USD)9.05as on Dec 31, 2025
- EBITDA$52.09 M (USD)4.09as on Dec 31, 2025
- Investments & AcquisitionsAlmost Heaven Saunas
& 1 more
Products & Services of Harvia
Harvia offers a comprehensive portfolio of products and services, including Harvia Fenix, Harvia Cilindro, Harvia Spirit, Harvia Frosty, and Harvia GreenFlame.
Advanced sauna control with Wi-Fi and touch screen.
Modern wood heater ensuring excellent sauna steam experience.
Compact electric heater combining safety and advanced technology.
Cold plunge pool for daily home cold therapy.
Eco-friendly heater reducing carbon emissions by 70 percent.
Apps and channels of Harvia
its YouTube channel Harvia Sauna & Spa has 2.37K subscribers and 30 videos.
Videos from Harvia
The most watched videos on Harvia's YouTube channel, Harvia Sauna & Spa (2.37K subscribers). Click a video to play it here.
More on Harvia Sauna & Spa.
People of Harvia
13 people are tracked at Harvia (8 in leadership, 5 in board & advisors).
| Name | Role | Group |
|---|---|---|
Timo Harvia | Director R&D | Leadership |
Sami Linna | Marketing Director | Leadership |
Anssi Pelkonen | Sales Director | Leadership |
Markus Wörmanseder | Sales Director | Leadership |
Tomas Hjälmeby | Sales Director | Leadership |
Mika Suoja | Production Director | Leadership |
Ari Vesterinen | Chief Financial Officer | Leadership |
Tapio Pajuharju | Managing Director | Leadership |
Olli Liitola | Chairman of the Board | Board & advisors |
Anders Björkell | Member of the Board | Board & advisors |
Pertti Harvia | Member of the Board | Board & advisors |
Ia Adlercreutz | Member of the Board | Board & advisors |
Ari Hiltunen | Member of the Board | Board & advisors |
Complete people profiles for Harvia
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IPO & Listings of Harvia
Harvia is a publicly listed company on the OMXHEX with ticker symbol HARVIA in Finland, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 Mar 2018
- Listed onOMXHEX: HARVIA
- Listed entityHarvia Oyj
- Exchange sectorConsumer durables
- ISINFI4000306873
- Share price45.80 EUR (+3.27% on the day) · 2026-10-14
- Market capitalisation828,776,385.00 EUR
- Price to earnings30.2
- EPS (diluted, trailing year)1.52 EUR
- Dividend yield1.71%
- Volume (last session)27,091
Financials of Harvia
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 198.9M EUR | 26.4M EUR | 44.3M EUR |
| 2024 | 175.2M EUR | 24.2M EUR | 42.6M EUR |
| 2023 | 150.6M EUR | 23.3M EUR | 38.6M EUR |
| 2022 | 172.4M EUR | 27.1M EUR | 42.8M EUR |
| 2021 | 179.1M EUR | 33.7M EUR | 52.2M EUR |
Detailed financial statements for Harvia
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Harvia
Harvia has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Almost Heaven Saunas and EOS Sauna Technology.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
High-end sauna equipment and related technologies are manufactured. | eos-sauna.com | Driedorf, Germany | 1944 | Mar 2020 | $21.8M | |
Multi-category home appliances are distributed online by the established brand. | almostheaven.com | Holland, United States | 1977 | Dec 2018 | •••• |
Complete acquisition details for Harvia
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Timeline of Harvia
4 dated milestones of Harvia across 70 years, from founding to its latest funding, stage changes and deals.
- Founded Harvia is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Almost Heaven Saunas.
- Acquisition Acquires EOS Sauna Technology.
Web traffic of Harvia
Websites that share an audience with Harvia (harvia.fi).
Websites whose visitors overlap most with Harvia. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| narvi.fi | 30% | 16.1K | #1,581,150 | View details |
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Related news about Harvia
Complete news archive for Harvia
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Frequently Asked Questions about Harvia
Harvia was founded in 1950.
Harvia is headquartered in Muurame, Finland. It is registered at Muurame, Central Finland, Finland.
Annual revenue of Harvia is $233.71M as on Dec 31, 2025.
Harvia is established as a prominent manufacturer of sauna and spa solutions, with a focus on health and relaxation benefits. Based in Finland, the company has been operating for 75 years, serving customers in over 90 countries. A wide range of products, including electric and wood-burning heaters, infrared systems, and steam solutions, are offered for both residential and commercial use. Innovation and sustainability are prioritized, as seen in eco-friendly designs like the GreenFlame series. Global markets are reached through direct sales and a network of resellers.
Harvia offers Harvia Fenix, Harvia Cilindro, Harvia Spirit, Harvia Frosty, and Harvia GreenFlame.
Yes, Harvia is publicly traded on OMXHEX under the ticker symbol HARVIA.
Harvia has made 2 acquisitions, including Almost Heaven Saunas, and EOS Sauna Technology.
