Business expansion
Manner-Suomi; Etelä-Suomi; Varsinais-Suomi
Location of affected unit(s)
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

200 jobs
Number of planned job creations
Job creation
Announcement Date
4 November 2020
Employment effect (start)
1 June 2021
Foreseen end date
31 December 2022


Valmet Automotive, a Finnish manufacturing company, has announced its plans to expand the electric vehicle battery production plant located in Salo, southwest of Finland, 'to meet the needs of increased production volumes of battery packs'. As a result of this, the company will double the workforce from 200 employees to 400 employees. New employees will be recruited between 2021 and 2022. 

According to the company, the growth in this business area is rapid and new contracts are in the pipeline.

Valmet Automotive manufactures both vehicles and electronic vehicle batteries. It expects the sales of its electronic vehicle battery production to exceed manufacturing during the upcoming years. The company recently announced that it will open a new electric vehicle battery production plant in Uusikaupunki where it already has a vehicle production unit. 



Eurofound (2020), Valmet Automotive , Business expansion in Finland, factsheet number 102403, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102403.