In this Research Note, we examine Helvar Oy, the Finnish provider of lighting control and sensing solutions, one of three subsidiaries of Helvar Merca Oy, the ultimate parent company. This article reviews the firm’s main solutions, latest financial results, company reorganization, and focus on wellbeing, via the WELL standard. Founded in 1921, Helvar Oy AB, a family-owned technology company, provides continuous energy savings, wellbeing, and insights for smart buildings with lighting control (LC) and sensing solutions. Headquartered in Espoo, Finland, with regional offices in Sweden and the United Kingdom, and a network of over 80 partner companies, Helvar delivers solutions and services in selected geographies, those being Nordics, UK, Central Europe, Eastern Europe, Middle East, APAC and others. The company reports over 250 employees across Europe. Helvar Solutions With projects spanning all industries and applications, Helvar’s offering ranges from drivers and components through to wired and wireless lighting control solutions, supported by a cloud-based digital services […]
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