Tikkurila provides consumers, professionals and the industry with user-friendly and environmentally sustainable products for the protection and decoration of surfaces. Tikkurila is the leading decorative paints company in Finland, Sweden, Russia and the Baltic countries, and one of the leading in Poland. Tikkurila’s aim is to increase its revenue in particular on the Russian market but also in the neighboring areas, such as Belarus, Ukraine, other CIS countries and Central Eastern European countries. At the moment, half of Tikkurila’s revenue is generated in mature markets and half in emerging markets.
Tikkurila Group’s revenue totaled EUR 588,6 (2009: 530,2) million and operating profit excluding non-recurring items EUR 59,7 (50,2) million in 2010. The company has some 3 500 employees. The revenue of Tikkurila’s Strategic Business Unit East, consisting of Russia, other CIS countries and Ukraine, totaled EUR 194,5 (167,1) million in 2010, corresponding to 33 percent of Group total. Tikkurila is the leading decorative paints company in Russia, where it operates four paint factories and has some 1 500 employees. The products are sold under well-known brands, such as Tikkurila and Teks, in over 5 000 retail outlets. Tikkurila has been exporting paints under the Tikkurila brand to Russia since the 1970s, and opened the first western paint factory in 1995 in St. Petersburg.
Tikkurila was listed on the Stock Exchange in March 2010, when the former parent company of Tikkurila, Kemira Oyj, distributed shares in Tikkurila Oyj to its shareholders as dividend. The company’s history dates back to 1862.