Elcoline

Elcoline provides industrial maintenance, installation, project and manufacturing services. Its offering covers troubleshooting, mechanical and electrical installations, automation and instrumentation, welding and piping projects compliant with PED and ISO standards, project management and site supervision. Turbine, generator, boiler, protection and control, and condition monitoring services are also offered, along with manufacturing of steam accumulators, heat exchangers, ISO 1090-certified steel structures and prefabricated piping.

Customers are industrial companies in the process industry, energy, metal and mining, marine and defence sectors. Services are delivered on project and long-term maintenance contract bases. Reference work includes turbine and generator refurbishment at a Swedish pulp mill and a 2026 five-year framework agreement for steam turbine outages at the Loviisa nuclear power plant.

Elcoline was founded in 2008 and is headquartered in Vantaa, Finland. The group consists of Elcoline Oy and TGS Finland Oy in Finland, and Elcoline AB and TGS Sweden AB in Sweden, and it serves customers at service contract sites worldwide. Owners include the institutional investors EVLI, Elo, Tesi and Arvo, alongside personnel and founders. The company states it employs around 1,000 professionals and targets 250 M€ in revenue by 2028. Open roles include installation, automation, electrical, welding, HVAC, instrumentation and turbine and generator services.

Product: Industrial maintenance, installation, turbine and generator services, welding and piping projects, and manufacturing of steel structures and heat exchangers.