The new facility offers three times more floor space than before. At the same time, lifting capacity has been doubled, logistics have been streamlined, and the production setup now supports shift work. The investment raises Enico’s annual energy storage capacity to one gigawatt.

“This is our response to the growth we’re seeing in our order books. We want to make bold investments ahead of time, because if we only act once a customer’s order reaches the production phase, we’re already too late. This year, our staff has also doubled in size, and with the new factory, our team will have access to completely new, purpose-built facilities”
Marko Lähteenmäki, CEO of Enico Oy
Lähteenmäki estimates that the company’s revenue will double this year compared to last, reaching approximately €25 million. The long-term goal is to exceed €100 million in revenue by 2028. Enico has strong confidence in the growing market demand, driven by significant investments in the green transition.
“According to figures published in August by the Confederation of Finnish Industries, investments in energy storage and battery technologies alone amount to over €12 billion. The energy storage market is expected to grow tenfold over the next six years. We want to be part of that growth and secure our share of the market,” Lähteenmäki concludes.

Lisätietoa
Enico is a Finnish pioneer in the energy sector, building the energy management and storage solutions of the future, today. We don’t just help our customers meet the challenges of the green transition, we help them turn it into a competitive advantage. Our service model supports the customer throughout the entire lifecycle and even enables entirely new revenue streams. We look far ahead so our customers can reach their goals faster.
Enico is part of the WEST Invest Group, which has a turnover exceeding €100 million.
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