Trade war|In several Finnish workshops, more than a quarter of the turnover comes from the United States.
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US President Donald Trump placed higher duties than expected, especially in companies that are leading to the United States.
According to OP, the financial group OP, about 15-35 % of the turnover of several Finnish engineering workshops comes from the United States.
The highest US shares are in Kalmar, Cargotec and Konecranes, which account for more than 30 percent of net sales.
Customs also affect other companies such as Nokia, Metso and Wärtsilä, as well as health companies Revenio and Orion.
Network company Nokia, Metso, a mining, stone crushing and process industry Metso and Kalmar, a cargo processing company, which was differentiated from Cargotec on Thursday afternoon, were all on the Helsinki Stock Exchange at more than seven percent.
The main reason for the invoice was the US President Donald Trump Higher duties set by Wednesday. They strike in particular in companies with a lot of exports to the United States.
28 % of Nokia’s net sales come from North America. The effects of customs duties are softened by the fact that Nokia has its own production plant in the United States, which produces the equipment needed for network infrastructure.
In Finland About 15-35 % of the net sales of the engineering sector companies come from the United States.
Virtually all engineering workshops have exports from Europe to the United States, the financial group OP states in its survey on the impact of US customs.
According to OP, new US new duties of about 25 % are now at the highest level for over a hundred years.
Although many Finnish workshops also have configuration activities in the United States, it provides only partial protection as import duties increase the prices of the components of these devices.
US Imported duties would have indirect negative effects, especially in Kalmar, Konecranes and Cargotec, when trading in slow, OP estimates.
Kalmar (36 %), Cargotec (34 %) and Konecranes (31 %) are the highest in the United States.
North America’s share of Valmet’s net sales is over a quarter.
At Kone, Metso and Wärtsilä, the United States forms about 15-20 percent of net sales, OP estimates.
Forest machine manufacturer Ponsse supplies North America equipment from its Finnish factory. North America accounted for about 15 % of the company’s net sales 2024.
Steel companies SSAB and Outokumpu take only 2-3 percent of steel to the United States from Europe.
Both companies’ own local production in the United States can even benefit from those who have come, OP estimates.
On Thursday, SSAB was 4.4 % and Outokumpu at 3.9 %.
From health companies Revenio, Orion would suffer from the entry into force of the customs, according to OP.
In Revenio, North America is the company’s most important market and brings 53 percent of turnover. Its course was 3.8 percent down.
In Orion, North America accounts for 24 %. A large part of the sales of Nubeqa, the most important growth driver of the pharmaceutical company, is a large part of North America, but at least for the time being, the drugs are outside the customs duties, according to OP.
Orion’s course was 1.3 percent on Thursday afternoon.
From the smaller Of the companies, the fishing equipment company Rapala produces a significant proportion of lures and hooks in North America in Europe, and the company has a purchase from different Asian countries, OP says.
Harvia takes the North American heater mainly from Europe. Fiskars has only a small export from Europe to the United States, but China is an important purchase country for the company.