Finnish subcontractor Botnia Bend increased revenue by 27% to €2.6 million in 2025. The company bends steel tubing for Wärtsilä engines and Toyota rally cars at its workshop in Lillkyro, near Vaasa, where Wärtsilä is preparing to expand engine production.
Owners keep borrowing in check
At its workshop on the banks of the Kyro River, Botnia Bend uses computer-controlled machines to shape steel, copper and aluminium tubing. It also welds and measures finished components. Wärtsilä and Toyota Gazoo Racing are among the customers listed by the company.
Owners Klaus Örni and Veli-Pekka Lehtimäki have kept borrowing in check despite strong demand, Finnish business newspaper Kauppalehti reported. According to business information provider Suomen Asiakastieto, Botnia Bend employed 13 people in 2025 and posted an operating profit of €535,000. Its equity ratio was 71%.
Wärtsilä plans €230 million expansion
Wärtsilä announced two investments in 2026 worth about €230 million in total, covering its Vaasa production facility and its global supply chain. The group expects the expansion to increase technical production capacity by 65% from its 2025 level, with the two phases due to come on stream in 2028 and 2029. Wärtsilä cited rising electricity demand from data centres and demand for marine engines that can run on several fuels.
Vaasa is a hub for Finnish energy technology exports. According to regional development company Vasek, the EnergyVaasa cluster includes about 180 companies employing 13,000 people. Exports account for more than 80% of their combined revenue.
Sources
Kauppalehti, 26 October 2026. Additional information from Botnia Bend, Suomen Asiakastieto, Wärtsilä and Vasek.
