Harvia

Muurame, Finland Founded: 1950 • Age: 76 yrs Listed
Harvia is recognized as a leading manufacturer of sauna and spa equipment.

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.

Operational Areas
Key Metrics
  • Annual Revenue
    $233.71 M (USD)
    13.52
    as on Dec 31, 2025
  • Net Profit
    $31.07 M (USD)
    9.05
    as on Dec 31, 2025
  • EBITDA
    $52.09 M (USD)
    4.09
    as on Dec 31, 2025
  • Investments & Acquisitions

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.

Harvia Fenix
Sauna Control System

Advanced sauna control with Wi-Fi and touch screen.

Harvia Cilindro
Wood-Burning Heater

Modern wood heater ensuring excellent sauna steam experience.

Harvia Spirit
Electric Heater

Compact electric heater combining safety and advanced technology.

Harvia Frosty
Cold Plunge Pool

Cold plunge pool for daily home cold therapy.

Harvia GreenFlame
Eco-Friendly Heater

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.

Harvia Sauna & Spa
YouTube 2.37K subscribers 30 videos Sports
Open channel

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.

Harvia - Steel chimney WHP1500 installation
3.6K views
Harvia - Stapling av bastustenar i ett vedeldad pelaggregat
1.4K views
Harvia - What to consider when choosing a sauna heater for your home sauna?
1.3K views
Harvia - Stacking sauna stones into a pillar-model wood-burning heater
537 views

More on Harvia Sauna & Spa.

People of Harvia

13 people are tracked at Harvia (8 in leadership, 5 in board & advisors).

NameRoleGroup
Timo Harvia
Director R&DLeadership
Sami Linna
Marketing DirectorLeadership
Anssi Pelkonen
Sales DirectorLeadership
Markus Wörmanseder
Sales DirectorLeadership
Tomas Hjälmeby
Sales DirectorLeadership
Mika Suoja
Production DirectorLeadership
Ari Vesterinen
Chief Financial OfficerLeadership
Tapio Pajuharju
Managing DirectorLeadership
Olli Liitola
Chairman of the BoardBoard & advisors
Anders Björkell
Member of the BoardBoard & advisors
Pertti Harvia
Member of the BoardBoard & advisors
Ia Adlercreutz
Member of the BoardBoard & advisors
Ari Hiltunen
Member of the BoardBoard & advisors
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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

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025198.9M EUR26.4M EUR44.3M EUR
2024175.2M EUR24.2M EUR42.6M EUR
2023150.6M EUR23.3M EUR38.6M EUR
2022172.4M EUR27.1M EUR42.8M EUR
2021179.1M EUR33.7M EUR52.2M EUR
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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
High-end sauna equipment and related technologies are manufactured.
eos-sauna.comDriedorf, Germany1944Mar 2020$21.8M
Multi-category home appliances are distributed online by the established brand.
almostheaven.comHolland, United States1977Dec 2018••••
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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.

  1. Founded Harvia is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Almost Heaven Saunas.
  4. Acquisition Acquires EOS Sauna Technology.

Web traffic of Harvia

Websites that share an audience with Harvia (harvia.fi).

Similar websites

Websites whose visitors overlap most with Harvia. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
narvi.fi
30%
16.1K#1,581,150View details
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Related news about 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.

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