Olvi

Olvi plc (Finnish: Olvi Oyj, Nasdaq Helsinki: OLVAS) is a Finnish brewery and soft drinks company founded in 1878 by the brewer Williams Gideon Åberg and his wife Onni. It currently holds 18.7% of Finland's market share in beverages,^[3] making it the third-largest producer of beer, cider and soft drinks in Finland and the largest Finnish-owned business in its sector. Among its subsidiaries, A. Le Coq is the second largest beverage company in Estonia and Volfas Engelman is the third largest beverage company in Lithuania.^[4] Olvi also has businesses in Latvia (Cēsu Alus) and Belarus (Lidskаe Pivа). In May 2021, Olvi bought a controlling stake in Denmark's fourth largest brewery A/S Bryggeriet Vestfyen. After the Russian invasion of Ukraine on March 5, 2022, Olvi announced that it was ceasing exports to Russia and leaving Belarus.^[5]

Native name

Olvi Oyj

Company typeJulkinen osakeyhtiö

Traded as

Nasdaq Helsinki: OLVAS

IndustryConsumer products

Quick facts Native name, Company type ...

Olvi plc

Native name	Olvi Oyj
Company type	Julkinen osakeyhtiö
Traded as	Nasdaq Helsinki: OLVAS
Industry	Consumer products
Founded	1878; 148 years ago (1878)
Headquarters	Iisalmi , Finland
Key people	Patric Lundell, CEO (2023-)[1] Lasse Aho, CEO (2004-2022)
Revenue	583.7 million € (2022)[2]
Operating income	59.8 million € (2022)
Net income	44.9 million € (2022)
Number of employees	2,335 (2022)
Website	www.olvi.fi/en/

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In December 2025, it was announced that Olvi would acquire a majority share in the Brewery International Group, strengthening its presence in Sweden and Norway. The transaction expands Olvi's operations into beverage importing and distribution across grocery retail, on-trade, and state-controlled monopoly markets in the two countries.^[6]