TOWARDS AN EVENTFUL 2019

You are holding a thick reading package of our corporate news and success stories. We have had many of those during the last months of 2018! I will give you three examples.

Firstly, we are starting a long-term cooperation with Patria in Hämeenlinna in Southern Finland where the surface treatment needs of the Patria factory will be handled by FSP from the beginning of January 2019. The factory will provide us with expertise and technology that will also help us serve other existing and new clients.

Secondly, we will boost our ability to get ideas from our employees in order to implement them more effectively. For this reason, we are tightly involved in the productivity programme that includes team work, training, courses and expert assistance. When working culture is good and the community is a functioning one, we fulfil the requirements for a successful innovation activity. This programme is unique on the Finnish employment market.

Thirdly, great breakthroughs require significant investments. We made an investment decision to implement a new painting line at our factory in Poland in 2019, and this will double the national company’s production capacity. We have great expectations for continuous revenue growth of our subsidiary in Poland. Our revenue has nearly doubled each year since the foundation of it.

The markets in the mechanical engineering and metal industry have been positive this year even though order backlog is stabilising. Among industrial sectors, especially machine and metal industries have grown particularly fast this year, and this has brought a welcome increase in demand for high-quality surface treatment and engineering services.

Now it is time to thank our skilled employees for their efforts to fulfil our targets and our clients for their confidence in us. We now have even better skills to offer you smart, precise and helpful service next year.

I wish you an eventful 2019.

Pentti Virtanen
CEO
FSP Finnish Steel Painting

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