News: SME Awards 2020: Harvia shortlisted in the Star of 2020 category

News | 2 July 2020
Harvia is in the annual European Small and Mid-Cap Awards finals in the Star of 2020 category. The 8 th edition of the European Small and Mid-Cap Awards will take place in November 2020 during the European Commission’s SME Week in Berlin. This is a joint initiative of the European Commission, EuropeanIssuers and Federation of European Securities (FESE).

The SME Awards recognises some of the most successful stock listed companies in Europe. The aim is to promote best practices and highlight the best European companies that have gained access to capital markets via an Initial Public Offering (IPO). Harvia Plc listed on Nasdaq Helsinki stock exchange in March 2018. The successful IPO supported Harvia’s growth and internationalization in the sauna and spa market.

Harvia reached the finals for the second time. In 2019 Harvia was recognised as a runner-up in the International Star category and was now recognised as one of the most outstanding companies within the Star of 2020 category with three other companies.

All this year’s listed companies were announced in the end of June in SME Awards’ press release that is available at: More information about the awards is available at:

More information

Tapio Pajuharju, CEO
tel: +358 50 577 4200

Ari Vesterinen, CFO
tel: +358 40 505 0440

Harvia in short

Harvia is one of the leading companies operating in the sauna and spa market globally, as measured by revenue. Harvia’s brands and product portfolio are well known in the market, and the company’s comprehensive product portfolio strives to meet the needs of the international sauna and spa market of both private and professional customers.

Harvia’s revenue totaled EUR 74.1 million in 2019, and with EOS the pro-forma net sales of the group are estimated to exceed 90 million. The company employs more than 500 professionals in Finland, China and Hong Kong, Romania, Austria, United States, Germany, Estonia and Russia. The company is headquartered in Muurame, Finland, adjacent to its largest sauna and sauna component manufacturing facility.