Below is the information acquired on FORTACO GROUP OY, which is not yet included in our research perimeter.

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Last update 31 March 2022

Description of economic activities

Business and other management consultancy activities (NACE2 7022)

This company is Europe's leading manufacturing partner for the engineering industry. It was established in 2012 with the merger of business units from Komas and Ruukki Engineering. The company's corporate headquarters is located in Vantaa, Finland.The company manufactures and delivers welded components and structures, operator cabins, assembly, and turnkey deliveries. It offers cabins, frames, booms, and other welded and machined components, as well as assembly services for excavators and loaders within the construction industry; and housings, base frames, oil sups, and other welded and machined parts, as well as assemblies to engines and generators, as well as components and structures for windmill manufacturers and nuclear power plants. The company also provides operator cabins, frames, booms, lifting arms, and other welded and machined parts as well as assembly services for agriculture and forest machines; and welded, machined, and assembled parts for container handling equipment, forklifts, and land handling equipment. In addition, it offers cabins, frames and booms, and heavy crawler beam frames, as well as machined parts and assemblies to the mining industry; and machined, welded, and assembled parts, components, and structures for other industries, such as defense, industrial machinery, marine and offshore, process industry, and transportation.The company has a balanced and effective manufacturing footprint in Eastern and Northern Europe. Its production sites are located in Finland, Estonia, Poland, Hungary and Slovakia.Its vision: It aims to be the most desired and effective supplier of welded structures and assemblies for selected manufacturers of demanding capital goods in Europe. Its mission: it helps its customers improve their manufacturing processes and remove barriers to success. It builds partnerships that offer the best value for money in the mechanical engineering sector.
  • FORTACO GROUP OY

  • Finland (FI)
  • Company type: Corporate
  • Parent company: CAPMAN OYJ
  • Chief Executive Officer (CEO): Mr Panu Henrik Routila
  • CEO Total remuneration: N/A
  • Website: www.fortacogroup.com

Financial data

Number of employees

N/A
1,918
2,129
2,137

Revenue 1

N/A
153
205
210

EBIT 1

N/A
2
5
7

EBITDA 1

N/A
11
15
15

1 numbers are in millions

  • RepRisk Indicator (last month):  N/A

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

Standards and certifications

  • Global Compact: N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines:
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC:
  • D. 89/391/EEC:
  • D. 98/59/EC:
  • D. 2000/43/EC:
  • D. 2000/78/EC:
  • D. 2001/23/EC:
  • Council D. 2001/86/EC:
  • D. 2002/14/EC:
  • D. 2002/73/EC:
  • Council D. 2003/72/EC:
  • EP and Council D. 2005/56/EC:
  • D. 2009/38/EC:
  • D. 2004/25/EC:
  • D. 2011/35/EU:

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions