Electrification Is Accelerating the Market
The green transition, the electrification of transport, and the rapid expansion of data centres are increasing electricity production and consumption at an unprecedented pace. This directly drives demand for power distribution systems across multiple industries.
Norelco has responded to growing demand by digitalising its production, investing in quality, and developing new products and services to meet the needs of the energy transition. Growth is further supported by strategic investments in a new automated paint facility and artificial intelligence.
“The energy transition is a historic opportunity, and we want to be at its core, building sustainable energy infrastructure. A group structure provides a solid foundation for long-term growth and international expansion together with our customers and partners. We are excited about the opportunities ahead and will continue to move forward with determination toward an even stronger future,” says Ari Hämäläinen, CEO of the Group.
As part of the reorganisation, a parent company, Norelco Group Oy, will be established, while operational business activities will be centralised under the subsidiary Norelco Oy.
A Natural Step into the Next Phase of Growth
The reorganisation strengthens Norelco’s ability to grow responsibly and respond to the increasing demand driven by the energy transition. At the same time, we are enhancing our competitiveness through smarter products and the new PowerCare service.
The group structure supports the company’s strategic ambition to act as an enabler of an electrified society. Norelco’s motto, “Powering people and planet,” captures the direction of its growth: the company aims to build energy solutions that support people’s everyday lives and a sustainable future.