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Valmet Automotive plans to expand from automotive to defense industry

Summary by Yle
Car manufacturing turnover fell last year. On the other hand, battery manufacturing subsidiary Ioncor reports strong growth.

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Valmet Automotive plans to expand from automotive to defense industry

Car manufacturing turnover fell last year. On the other hand, battery manufacturing subsidiary Ioncor reports strong growth.

·Finland
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TalouselämäTalouselämä

Valmet Automotive completely surprised: Plans to expand into the defense industry

The company has already presented the first concept for expanding into new business areas.

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Tärkeimmät talousuutiset | Kauppalehti…Tärkeimmät talousuutiset | Kauppalehti…

Valmet Automotive CEO: “Armored transport vehicles would be a logical product for us to manufacture”

The car manufacturer is considering new regional expansions. The news has been well received by the staff, says CEO Pasi Rannus.

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yle broke the news in Finland on Wednesday, April 30, 2025.
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