This growth is reflected not only in turnover, but also in profit and staff numbers.
Kempower, a Lahti-based provider of electric vehicle charging equipment and related services, grew strongly last year.
According to the company’s financial statements, turnover almost quadrupled from 2021 and the number of employees almost tripled. In 2022, turnover was €103.6 million, compared to €27.4 million in 2021. At the end of last year, the number of employees was 375, 239 more than a year earlier.
The result also improved. Kempower reports an increase in its operating result to EUR 3.4 million from EUR -1.3 million.
The company says that in 2023 it will continue to expand its business in both Europe and North America and support the growth of sales partners in other regions.
Kempower announced a week ago that it would establish a production facility in the United States.