The President of the Republic of Finland, Sauli Niinistö, has awarded this year’s internationalisation awards to startup event Slush, Serres, which specialises in surgical suctions systems, and Vahterus, which excels in industrial heat exchangers.

–    The internationalisation award of the President of the Republic is a recognition granted to internationally successful Finnish companies, communities and their personnel. The award winners’ success is based on top expertise, the ability to seize opportunity in the changing markets and a willingness to take risks. Most importantly, what these winners have in common is their hunger for growth, says Jorma Korhonen, Head of Team Finland unit at Prime Minister's Office.

The internationalisation award of the President of the Republic is a recognition that is granted annually to Finnish companies that have gained international success, and to the communities behind them. The president grants the award based on a proposal from the Team Finland Board of Directors.

–    The welfare of Finland is increasingly based on SMEs’ ability to achieve international growth and create new jobs. Our exports are still, to a large extent, dependent on 20 large companies, which is why we are investing heavily to support the international success of small and medium-sized enterprises. Most of the new jobs will be created in SMEs in the future, says Markus Suomi, President & CEO of Finpro.

Innovative engineering company is full of new ideas

Vahterus is a family business from Kalanti, Uusikaupunki, specialising in the manufacture of heat exchangers for heavy industry applications. Vahterus’ products are used in a wide range of cooling applications, in the processing and chemical industries, at power plants, and for the production of oil and gas. All of these markets are global growth markets.

–    Our operations are always driven by the local perspective and our roots. Our business is based on the welded plate and shell heat exchangers which we have developed and patented ourselves. They represent the highest technological standards in the industry, but staying in the lead requires constant hard work. All our 230 employees are committed to their jobs, and we owe our success to them. We are also one of the most active engineering companies in Finland in terms of new initiatives and continuous improvement or CI, says Mauri Kontu, CEO of Vahterus.

The family business was established in 1990, and it has grown at a rapid pace. The company has doubled its turnover in the last five years to EUR 38 million, while managing to keep its operations profitable. About 95% of the company’s turnover comes from export sales.