Operating environment

Despite the geopolitical tensions caused by ongoing international conflicts and uncertainties related to the development of the global economy, the overall market situation in Enersense’s business areas as a whole remained reasonably good in 2024. The strikes in Finland during the first part of the year did not have a significant impact on Enersense’s operations.

Uncertainty about economic development and higher operating and financial costs have had a negative impact on some customers’ investment and business environments. On the other hand, given the changed geopolitical situation, energy solutions are being made more self-sufficient in Europe, and this is expected to speed up the implementation of projects related to the energy transition and critical infrastructure maintenance. This trend is also supported by long-term energy and climate policies at EU and national levels. However, in the short term, shifts in international politics, decision-making and changes in the regulatory environment create uncertainty in the market.

(Financial Statement Bulletin 2024, 28.2.2025)