Jarmo Juhani Saaranen

VEO Oy engages in the development of automation, drives and power distribution solutions. It operates through the following segments: Hydropower, Wind Power, Industry, Thermal Power, Marine, Engine and Hybrid Power. The Hydropower segment offers both turnkey deliveries, and modernization projects for hydropower plants. The Wind Power segment focuses on turnkey deliveries of applications connecting wind farms to the grid. The Industry segment serves customers operating in industries such as pulp and paper, marine, mining, minerals and metals, petrochemical, and discrete manufacturing. The Thermal Power segment enhances combined heat and power (CHP) production and promotes environmentally friendly solutions. The Marine segment includes main and distribution switchboards, motor control centres, electric drives applications, generators and marine thrusters, and winches. The Engine and Hybrid Power segment leverages synergies between multiple power sources, from oil and gas engine power plants to solar power systems. The company was founded on December 6, 1989 and is headquartered in Vaasa, Finland.

VNT Management Oy (VNT) is a venture capital firm founded in 2002 by Veijo Juhani Karppinen. The firm is headquartered in Tampere, Finland.

Bearing Drive Finland Oy is a holding company that engages in the trading and manufacturing services of bearings and gears. It develops energy production equipment and produces metal products. The company was founded on June 30, 2006 and is headquartered in Vaasa, Finland.

Cavitar Oy provides diode laser illumination technology solutions for high-speed imaging and machine vision applications. It offers components, products, and systems for end-users of research and development applications as well as for integrators of industrial monitoring systems. The company was founded by Taito Veli Alahautala on October 18, 2004 and is headquartered in Tampere, Finland.

Finnish Electric Vehicle Technologies Oy provides solutions for storing electrical energy. It also offers lithium ion batteries for companies operating in the medium- and heavy-duty vehicle, industrial, and stationary equipment sectors. The company was founded by Jukka Järvinen on October 17, 2003 and is headquartered in Tuusula, Finland.

Nidecon Technologies Oy specializes in power quality filter technology for motor drives and renewable energies. The company offers liquid cooled filters, air cooled filters, and high-speed filters. The company was founded in 2006 and is headquartered in Vantaa, Finland.

Mervento Oy used to provide wind turbine power plant solutions. It generated electricity without the release of greenhouse gases to the atmosphere and without waste products such as ash and sludge. The firm provided solutions for nearshore and offshore applications. The company was founded by Martti Ala-Vainio and Patrik Holm in December 2008 and was headquartered in Vaasa, Finland.

GasEK Oy produces wood chip-fuelled combined heat and power plants, which are based on wood gasification technology. Its gasifier produces pure wood gas for combustion in the boiler. The firm's technology uses its own patented gasification reactor, which ensures emissions-free combustion. The company was founded by Eero Kangasoja in 2008 and is headquartered in Kempele, Finland.

eGen Oy develops, manufactures and markets stirling engines with electrical generators. Its stirling generators can be used to produce electrical power on off grid locations using renewable energy. The firm’s stirling engine is a heat engine that operates by cyclic compression and expansion of air or other gas, the working fluid, at different temperature levels such that there is a net conversion of heat energy to mechanical work. The company was founded by Kari Kivelä in 2009 and is headquartered in Vaasa, Finland.