From a resource perspective, 2016 was a year of growth.

We recruited a lot of new professionals and felt an overall positive buzz throughout the company. We were also able to negotiate good local agreements to increase flexibility – both from an employer and employee point of view. Growth and positive business development are, after all, a steadfast starting point for all kinds of development.

According to our employee survey, 98 % of the respondents would recommend VEO as a workplace. That means we’ve done things right.

Hanna Myllymäki

HR Director

Overall, VEO continued to be an active and visible player – especially in our hometown Vaasa. We sponsored sports clubs and other activities that benefit children and youngsters. I’m also happy about how our cooperation with different local schools has evolved, e.g. through the significant number of internships we can offer. An internship at VEO is a memorable experience and a very valuable addition to a vocational education.

2016 was also a year of wellbeing. At VEO, we value people development and wellbeing at work and want to emphasise these things in our leadership and organisation. We also want to be an example when it comes to social responsibility and safety management. We want to create a workplace where everyone can complete his or her workday – at the office, in our factory, at one of our worksites – in a safe way and get home safely once the work is done.

In the future, ‘together’ will be a keyword. Cooperation is the key to success. The employer and the employee should together think about how the company could develop. It’s becoming increasingly important to understand people and in an open and humane way. The entire organisation ideology has changed, and we’re changing with it. We want our Managers to encourage and coach people to achieve their goals, to develop and access their full knowledge potential. We want people to be open and share their tacit knowledge so that the entire organisation can, in turn, access its full potential. To my delight, VEO’s management and staff have already embraced this idea very well.

According to our employee survey, 98 % of the respondents would recommend VEO as a workplace. That means we’ve done things right. VEO already has the skill to find the best possible solutions – inside and outside of our organisation. The secret to success is to keep an open mind, because potential can be hidden anywhere in the organisation.


The company will continue its profitable growth strategy. In the long run, our goal is an annual growth of around 10% and continuous growth in profitability.

Business Segment Insights

CEO’s Review

We need to stay awake and grab opportunities as they arise. VEO must always be ready to take a new direction.

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The UK has a lot of potential, and I’m very pleased that 2016 opened important doors to this new VEO market

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New investments are being prioritised instead of repairs and maintenance. My guess is that the investment pace will be high for the following 5 years.

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Wind Power

VEO is known as the guy who isn’t afraid to take on challenges – not because he’s stupid enough to do it, but because he can handle the risks professionally.

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Expert Services

Our customers clearly ask for our advice and want us to be present throughout the entire project – from execution to education and life cycle management.

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