Finnish Strong Balance Sheet Stocks

United Bankers Oyj

Market Cap: €187.4m

Provides investment products and services in Finland and Sweden.

GRK Infra Oyj

Market Cap: €452.3m

Provides infrastructure construction services in Finland, Sweden, and Estonia.

Nokia Oyj

Market Cap: €24.1b

Provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, rest of the Asia Pacific, Europe, the Middle East, and Africa.

Taaleri Oyj

Market Cap: €202.2m

A publicly owned asset management holding company.

Marimekko Oyj

Market Cap: €488.5m

A lifestyle design company, designs, manufactures, and sells clothing, bags and accessories, and interior decoration products worldwide.

Rapala VMC

Market Cap: €49.8m

Operates as a fishing tackle company worldwide.

Raisio

Market Cap: €368.4m

Produces and sells food and food ingredients in Finland, the United Kingdom, Ireland, Belgium, and the Netherlands.

Lemonsoft Oyj

Market Cap: €114.0m

A software company, designs, develops, and sells ERP software solutions in Finland and internationally.

WithSecure Oyj

Market Cap: €178.1m

Operates in corporate security business worldwide.

Glaston Oyj Abp

Market Cap: €56.7m

Manufactures and sells glass processing machines in Finland, Europe, the Middle East, Africa, the Americas, China, and rest of Asia Pacific.

Nurminen Logistics Oyj

Market Cap: €84.1m

Provides logistics services in Finland, Russia, Sweden, and Baltic countries.

Orion Oyj

Market Cap: €7.7b

Develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) in Finland, Scandinavia, rest of Europe, North America, and internationally.

Vincit Oyj

Market Cap: €28.3m

Provides service design and software development services in Finland, Poland, Portugal, Sweden, and the United States.

Valmet Oyj

Market Cap: €5.1b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, South America, China, Europe, the Middle East, Africa, and the Asia Pacific.

Aiforia Technologies Oyj

Market Cap: €101.4m

Together with its subsidiary Aiforia Inc., equips pathologists and scientists in preclinical, clinical, and academic labs with deep learning artificial intelligence (AI) software for translating images into discoveries, decisions, and diagnoses in Finland, rest of Europe, North America, and internationally.

Ålandsbanken Abp

Market Cap: €560.8m

Operates as a commercial bank for private individuals and companies in Finland and Sweden.

Solar Foods Oyj

Market Cap: €140.7m

Operates as a food production company in Finland.

HKFoods Oyj

Market Cap: €111.9m

Operates as a food company in Finland and Poland.

LapWall Oyj

Market Cap: €53.7m

Manufactures and sells wooden elements for use in the construction of buildings in Finland.

Betolar Oyj

Market Cap: €25.8m

A materials technology company, provides solutions to use industrial sidestreams to produce low-carbon and cement-free products for the mining, metals, construction sectors in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Reka Industrial Oyj

Market Cap: €25.4m

Manufactures and sells rubber products in Finland and Poland.

Oriola Oyj

Market Cap: €194.5m

Engages in the wholesale of pharmaceuticals and health products in Sweden, Finland, and internationally.

Heeros Oyj

Market Cap: €29.8m

Provides cloud-based financial management solutions.

Olvi Oyj

Market Cap: €683.1m

A beverage company, manufactures and sells alcoholic and non-alcoholic beverages in Finland, Estonia, Latvia, Lithuania, Denmark, and Belarus.

Huhtamäki Oyj

Market Cap: €3.5b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Optomed Oyj

Market Cap: €79.6m

Manufactures and sells handheld fundus cameras in Finland, rest of Europe, and internationally.

Vaisala Oyj

Market Cap: €1.8b

Provides weather, environmental, and industrial measurement solutions and services for weather-related and industrial markets.

Relais Group Oyj

Market Cap: €257.4m

Operates as a consolidator and acquisition platform for vehicle aftermarket in the Nordic and Baltic countries.

Partnera Oy

Market Cap: €28.0m

A principal investment firm specializing in investing in companies operating in the public sector.

Digia Oyj

Market Cap: €182.1m

Operates as a software and service company in Finland, Sweden, and internationally.

Koskisen Oyj

Market Cap: €174.1m

Operates in the wood industry in Finland, Japan, Germany, Poland, other European countries, and internationally.

Harvia Oyj

Market Cap: €861.6m

Operates in the sauna industry.

SRV Yhtiöt Oyj

Market Cap: €89.4m

Operates as a project management contractor company in Finland.

Nexstim

Market Cap: €54.7m

A medical technology company, engages in the development of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally.

Consti Oyj

Market Cap: €81.9m

Provides renovation contracting and technical building services in Finland.

Digital Workforce Services Oyj

Market Cap: €36.0m

Provides business process automation services and technology solutions in Finland, Sweden, Norway, Denmark, Poland, rest of the European Union, and internationally.