It all started with a port
The history of Steveco is deemed to have begun in 1884, when Jöns Bruhn notified the city administrative court he’d be practicing stevedoring in Port of Kotka. In those days, loading of ships was handled by rowing a boat to meet a ship in the roadstead and shaking on the contract with the skipper. A young sailor from Scania spotted the niche in the market.
Steveco Oy was created in 1988, as Oy Kotka Stevedoring and Hamina Oy merged. The Federation Stevedoring Company, Oy Blomberg Ab, Oy Cadenius Grahn Ab, Oy Fredrikshamn Stevedoring Ab, and Viipurin Hiili ja Koksi Oy – these are just some of the accomplished harbour companies behind Steveco that have merged into one in the course of decades. There’s still talk about Veteki in Kotka and Lumperi in Hamina.
Nowadays, Steveco Oy is the leading port operator in Finland and the market leader in transit traffic and in transport of Finnish wood-processing industry products.
Steveco facts for 2025
- Personnel of Steveco Group approx. 693
- Personnel of Steveco Oy approx. 552
- Revenue of Steveco Group 139,2 million euros
- Stevedoring tonnage of Steveco Group 9,9 million tonnes
Group structure
Shareholders
Stora Enso
UPM-Kymmene
Finnlines
Myllykoski
Parent company
Steveco Oy
Subsidiaries
Oy Saimaa Terminals Ab
Suomen Satamatekniikka Oy
Kiinteistöosakeyhtiö Kotkan Kipparinkulma
Kiinteistöosakeyhtiö Kotkan Siikasaarentie 59
Associated companies
Joensuun Laivaus Oy
Kotkan Työterveys Oy
C&C Port Agency Finland Oy
Joint venture
Niinisaaren Portti Osakeyhtiö
Joint venture
Cursor Oy
Subsidiaries
Oy Saimaa Terminals Ab
Steveco works at the ports of Lake Saimaa area through its subsidiary Oy Saimaa Terminals Ab and associated company Joensuun Laivaus Oy.
The service range of Saimaa Terminals comprises stevedoring and terminal services, warehousing, ship’s clearance, forwarding services, and services for Russia and the other CIS countries.
Further information about Oy Saimaa Terminals AbOpen link in a new tab.
Suomen Satamatekniikka Oy
Steveco Oy’s subsidiary Suomen Satamatekniikka Oy commenced operations in the spring of 2008. The company owns the cargo handling machinery used by the Steveco Group, but also rents machines to other clients through short-term and long-term contracts. Satamatekniikka also sells maintenance and repair services.
Satamatekniikka operates at Hietanen and Mussalo terminals in Kotka and at Vuosaari in Helsinki.
The total number of machinery is 375. The range of machinery covers fork lift trucks of under 10 tonnes, from 12 to 20 tonnes, and over 20 tonnes. The container handling machinery comprises straddle carriers, reach stackers, empty container movers and container movers. The crane machinery encompasses mobile, STS container and level luffing cranes. Moreover, the machinery includes terminal tractors, wheel loaders, translifters and other machinery (auxiliary machinery).
Further information:
Heikki Jääskeläinen, Director, tel. +358 (0)44 232 3480
the email addresses are of format: firstname.lastname(at)satamatekniikka.fi
Steveco Oy board of directors 2025
Chairman Kari Savolainen
1st Vice Chairman Kari Ståhlberg
2nd Vice Chairman Jari Suvanto
Board member Essi Hannula
Board member Jukka Hölsä
Board member Staffan Herlin
Board member Tapani Voionmaa