Nurminen Logistics Oyj
Sector unknown·NLG1V · Nasdaq Helsinki·Fiscal year to 31/12/2025
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Nordics
Geography
DriverPositive impact: strengthens
“Strengthening of the Swedish economy and consumer demand supports our growth.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“We are not yet expecting a significant turn for the better in the Baltic or Finnish markets.”
Annual report 2025A · The company itself
DriverPositive impact: strengthens
“The recovery of the economy and consumer demand forecast by key institutions, particularly in Sweden, will support the demand for Nurminen Logistics’ services.”
Annual report 2025A · The company itself
Market
“We aimed for growth with our new rail transport service between the Port of Gothenburg and Northern Finland. The service was quickly adopted by international customers, but demand in the Finnish market remained more limited than expected.”
Annual report 2025A · The company itself
Geography
“NURMINEN LOGISTICS IN BRIEF Nurminen Logistics is a Finnish logistics company that provides high-quality rail transport, terminal, and multimodal solutions between Asia and Europe, the Nordic countries, and the Baltic region.”
Annual report 2025A · The company itself
Geography
“The business operations in Finland and Sweden grew well, both organically and driven by the acquisition of Essinge Rail Ab completed in late 2024.”
Annual report 2025A · The company itself
Geography
“In Sweden, we strengthened sales and rail operations in particular. In late February, we opened our own weekly block train connection between northern Italy and Sweden.”
Annual report 2025A · The company itself
Geography
“Both Finnish and Swedish business grew well organically as well as driven by the acquisition of Essinge Rail Ab at the end of 2024.”
Annual report 2025A · The company itself
Shipping and logistics
End markets
StrategyPositive impact: strengthens
“Long-term agreements with several customers ensure stable profitability for the next few years.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“We see good growth prospects for our international railway business, as the expansion of our service network, the growth of our clientele and the strengthening of our brand awareness create clear prerequisites for development.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Nurminen Logistics will continue to invest in international railway services, which we expect to be the Group’s growth engine in the future.”
Annual report 2025A · The company itself
Market
“NURMINEN LOGISTICS IN BRIEF Nurminen Logistics is a Finnish logistics company that provides high-quality rail transport, terminal, and multimodal solutions between Asia and Europe, the Nordic countries, and the Baltic region.”
Annual report 2025A · The company itself
Market
“Thanks to our extensive clientele, strong expertise, European terminal network and the available wagon pool, we are able to grow the business quickly and with capital lightness.”
Annual report 2025A · The company itself
Market
“This is reflected in the railway business, where net sales have continued to grow by double-digit percentages and profitability has improved by three-digit percentages.”
Annual report 2025A · The company itself
Market
“Our growing rail operations in Finland were among the most punctual and efficient in the industry, achieving a delivery reliability of 96%.”
Annual report 2025A · The company itself
Market
“We offer our customers a comprehensive service from terminal operations to door-todoor transports that we can produce competitively, flexibly scaling capacity.”
Annual report 2025A · The company itself
Chains in: Carbon tax and ETS prices weakens, Global trade volumes strengthens, Fuel strengthens
Europe
Geography
StrategyPositive impact: strengthens
“Our strategic solution to focus growth investments on larger markets in mainland Europe and Sweden leverages our strong railway logistics expertise and directs resources to areas where demand is growing.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Our strategic decision to focus growth investments on larger markets in continental Europe and Sweden leverages our strong rail logistics expertise and directs resources to areas where demand is rising.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“We see strong growth potential particularly in container transports within the Central European rail market, which is valued at approximately EUR 17 billion, compared with about EUR 300 million in Finland.”
Annual report 2025A · The company itself
Geography
“NURMINEN LOGISTICS IN BRIEF Nurminen Logistics is a Finnish logistics company that provides high-quality rail transport, terminal, and multimodal solutions between Asia and Europe, the Nordic countries, and the Baltic region.”
Annual report 2025A · The company itself
Geography
“In Sweden, we strengthened sales and rail operations in particular. In late February, we opened our own weekly block train connection between northern Italy and Sweden.”
Annual report 2025A · The company itself
Geography
“In Sweden, we strengthened our sales and rail operations in particular and opened an office in northern Italy. With these measures, we will create better prerequisites for international growth and open our own weekly block train connection between northern Italy and Sweden in late February.”
Annual report 2025A · The company itself
Geography
“In 2025, we built the company’s future by integrating Essinge Rail into the Nurminen Logistics brand and expanding our service offering in Europe with, for example, project transports from Czechia, Poland and Italy.”
Annual report 2025A · The company itself
Asia and emerging markets
Geography
Market
“TRAIN TRAFFIC TO ASIA BEGINS Container train traffic to China begins in 2018 and quickly grows into regular connections from Helsinki and Kotka to several destinations.”
Annual report 2025A · The company itself
Market
“Nurminen Logistics has maintained its readiness to quickly launch direct rail transport between China and Finland to serve the Nordic and Central European markets.”
Annual report 2025A · The company itself
Geography
“NURMINEN LOGISTICS IN BRIEF Nurminen Logistics is a Finnish logistics company that provides high-quality rail transport, terminal, and multimodal solutions between Asia and Europe, the Nordic countries, and the Baltic region.”
Annual report 2025A · The company itself
Data centres
Technology
Market
“In terminal operations in Finland, we have succeeded in significantly increasing our clientele, particularly in green transition-related electrification and data centre projects, which have good growth prospects.”
Annual report 2025A · The company itself
Chains in: Artificial intelligence strengthens
Chains out: this strengthens Electricity, strengthens Copper
Electrification
Technology
Market
“In terminal operations in Finland, we have succeeded in significantly increasing our clientele, particularly in green transition-related electrification and data centre projects, which have good growth prospects.”
Annual report 2025A · The company itself
Chains out: this strengthens Electricity, strengthens Power grid expansion, strengthens Copper
Sea freight and freight rates
Raw materials and inputs
Market
“In late February, we opened our own weekly block train connection between northern Italy and Sweden. The block train transports containers, covered wagons and trailers, and the service covers a wide clientele.”
Annual report 2025A · The company itself
Chains in: Geopolitical uncertainty strengthens
Geopolitical uncertainty
Macro
DriverNegative impact: weakens
“Several geopolitical uncertainties and the re-routing of international flows of goods had a negative impact on the Baltic business and volumes decreased significantly.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Several geopolitical uncertainties and the re-routing of international flows of goods affected negatively on the development of the Baltic business and volumes decreased clearly.”
Annual report 2025A · The company itself
Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine
Consumer spending
Macro
DriverPositive impact: strengthens
“Strengthening of the Swedish economy and consumer demand supports our growth.”
Annual report 2025A · The company itself
DriverPositive impact: strengthens
“The recovery of the economy and consumer demand forecast by key institutions, particularly in Sweden, will support the demand for Nurminen Logistics’ services.”
Annual report 2025A · The company itself
Chains in: Inflation weakens
Chains out: this strengthens Retail, strengthens Hospitality and leisure, strengthens Premium consumers, strengthens Grocery retail and private label
Denmark
Geography
DriverNegative impact: weakens
“The strengthening of the Swedish economy and consumer demand supports our growth, although we do not expect a significant turnaround in the business conditions in the Baltic countries or Finland in 2026.”
Annual report 2025A · The company itself
EU climate and energy policy
Regulation
DriverPositive impact: strengthens
“We believe that the demand for rail freight in particular, which is at the heart of our strategy, will increase in the Group’s target markets, supported by the increased significance of environmental values in decision-making driven by tightening regulation and our growing energy raw material transport business.”
Annual report 2025A · The company itself
Chains out: this strengthens Circular economy and recycling, strengthens Energy efficiency
Interest rates
Macro
DriverPositive impact: strengthens
“The stabilisation of the interest rate environment and the improved availability of financing will support customer demand for goods and capital goods, which, supports the demand for Nurminen Logistics’ services.”
Annual report 2025A · The company itself
Chains in: Public debt and fiscal policy strengthens, Inflation strengthens
Chains out: this weakens Construction, weakens Real estate, weakens Wind power, weakens Housing market, weakens Office and commercial property, weakens Residential rental, weakens Residential construction
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 0.11 bn EUR |
| Revenue growth vs. the year before, same method | 4.4 % |
| EBITDA reported by the company | N/A |
| Net debt debt incl. leasing minus cash | N/A |
| Diluted EPS per share | 0.04 EUR |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | ✓ |
| Growing | ✓ |
| Healthy balance sheet | N/A |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (EUR), not converted to DKK. Quotes are shown as the company's own words in the report's original language.