Honkarakenne

Honkarakenne Oyj
Company type	Julkinen osakeyhtiö
Traded as	Nasdaq Helsinki: HONBS
Industry	construction products industry
Founded	1958, Finland
Founder	The Saarelainen brothers
Headquarters	Karstula, Finland
Area served	Worldwide
Key people	Marko Saarelainen (CEO)
Products	Log houses; Prefabricated homes;
Brands	Honka
Revenue	€47.5 million (2019)
Operating income	€3.4 million (2019)
Net income	€2.4 million (2019)
Total assets	€27.9 million (2019)
Total equity	€12.5 million (2019)
Number of employees	155 (average, 2019)
Website	www.honka.com

Honkarakenne Oyj (Nasdaq Helsinki: HONBS) is a Finnish company that manufactures log homes.

As of 2006^[update], Honkarakenne employed about 400 people, most of them working in Finland where the company has four factories.

Markets[edit]

Honkarakenne's main market area is Finland. Honkarakenne has representatives in almost every country in Central, Southern and Eastern Europe. By far its largest log buildings are ordered from Russia. Most builders are newly prosperous or wealthy companies, but recent customers also include well-to-do middle-class clients. Honka also has a number of extensive projects underway in Ukraine and Kazakhstan, including the main building at Mezhyhirya Residence, the home of former prime minister Viktor Yanukovych.^[2] It also has significant net sales in the former CIS countries. Exports to the Far East are focused on Japan and South Korea, and the company has representatives in countries such as China and Mongolia. Individual projects have been implemented in countries as far away as Kenya.^[3]

References[edit]

^ ^a ^b ^c ^d ^e ^f Oyj, Honkarakenne (2020-02-27). "Honkarakenne Oyj'S Financial Statement Release 1 January – 31 December 2019". GlobeNewswire News Room (Press release). Retrieved 2020-05-15.
^ https://www.is.fi/taloussanomat/porssiuutiset/art-2000001827705.html
^ "Keniasta tilauksen saaneen Honkarakenteen osake nousussa" [Honkarakenne received an order from Kenya and now its share is rising]. Ilta Sanomat (in Finnish). 2015-05-22. Retrieved 2020-05-15.

External links[edit]

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[FS2019-1] ^ ^a ^b ^c ^d ^e ^f Oyj, Honkarakenne (2020-02-27). "Honkarakenne Oyj'S Financial Statement Release 1 January – 31 December 2019". GlobeNewswire News Room (Press release). Retrieved 2020-05-15.

[2] ttps://www.is.fi/taloussanomat/porssiuutiset/art-2000001827705.html

[3] "Keniasta tilauksen saaneen Honkarakenteen osake nousussa" [Honkarakenne received an order from Kenya and now its share is rising]. Ilta Sanomat (in Finnish). 2015-05-22. Retrieved 2020-05-15.

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