2026-04-17 06:00Press release

FORCIT Group Grows and Invests in the Future

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FORCIT will invest hundreds of millions of euros in Finland during the current decade. The company’s workforce grew by more than one hundred employees in 2025.

Over the past three years, the Finnish company FORCIT, headquartered in Hanko, has invested approximately EUR 100 million in technology and capacity expansion. In addition, the company has announced plans for more than EUR 300 million in further investments in the coming years.

We have taken a determined approach to building the capacity our customers and society need. While recent investments have been driven largely by capacity requirements, we have also invested significantly in upgrading older production lines to ensure we maintain a high level of quality, safety, and reliability of supply”, says Joakim Westerlund, CEO of FORCIT Group.
The investments have been made primarily in Finland, but they serve the company’s global customer base.

At the end of 2025, FORCIT Group employed 748 people, which is 13% more than in 2024.

FORCIT Group consists of three business areas: FORCIT Defence, FORCIT Explosives, and FORCIT Consulting. FORCIT expects stable revenues and strong profitability in 2026.
In 2025, FORCIT Group’s revenue amounted to EUR 497.6 million, and profit for the financial year was EUR 125 million. Taxes payable from the Group's business operations amounted to €31.5 million.

Even as we grow, our core principles remain unchanged. Safety is and will always be our number one priority. It is the foundation of our culture, and we will not compromise on it in anything we do,” Westerlund states.

Click here to read FORCIT Group’s annual report >>


About FORCIT Group

FORCIT is a Finnish explosives company with more than 130 years of experience. FORCIT offers products and services for the civilian and defence sectors. Our mission is to enable safe and sustainable societies.