Älvsbyhus is selling its factory in Finland, as reported by major media. The company has moved production from its facility in Kauhajoki, Finland, to Älvsbyn, Sweden, with the Finnish factory having been empty for one and a half years, according to multiple reports. Houses delivered to Finland will now be brought from the Swedish factory, and Älvsbyhus has been running full operations regarding sales and manufacturing in Älvsbyn, sources said.
Sales volumes in Finland are too small to make operations profitable, according to reports. The Finnish small house market has experienced its lowest construction pace since World War II over the past three years, multiple reports indicate. Älvsbytalo, the Finnish subsidiary, belongs to the Älvsbyhus group and delivered its first house to Finland in 1981, with nearly 10,000 of its houses built since then, according to major media.
House sales in Finland will continue until next summer, and the company will deliver houses until summer 2027, with agreed deliveries, both upcoming and ongoing, to be handled, sources said. Älvsbytalo has four employees and several subcontractors in Finland, and operations in Sweden and Norway continue normally, according to reports. The exact date when sales in Finland will resume after the pause and the financial terms or buyer involved in the sale of the Finnish factory remain unclear.
The impact of this decision on the four employees and subcontractors in Finland and whether there are any plans to restart production in Finland in the future are also unknown.