Finland · Delayed Price · Currency is EUR Merus Power Oyj Company Description
Merus Power Oyj designs, manufactures, and sells battery energy storage systems and power quality solutions in Finland and internationally.
The company offers lithium-ion-based battery energy storage systems under Merus ESS brand name. It also provides power quality solutions that include Merus A2, an active harmonic filtering solution; Merus 4DRIVES, an optimized active harmonic filter for variable frequency drives; Merus HPQ, a power quality system for combined active harmonic mitigation and power factor correction; Merus STATCOM, a modular static synchronous compensator for demanding applications and heavy industrial loads; and Merus SVC, a static var compensator solution.
In addition, the company involved in the provision of power quality studies and analyses, installation and commissioning, spare parts, and training and support activities.
Its solutions are used in crushers, electric arc and ladle furnaces, elevators, EV charging stations, HVAC systems, industrial cranes, lighting, paper machine and printing, variable frequency drives, and welding applications.
The company offers its solutions for automotive, chemical, food and beverage, glass, maritime, metallurgical, mining, oil and gas, paper and pulp, pharmaceutical, plastics, semiconductor, and textile industries; commercial buildings comprising airports, casinos, data centers, distribution centers, greenhouses, hospitals, hotels, office buildings, and shopping centers; and renewables, such as hydro, solar, and wind power, as well as distribution system operators, and water and wastewater treatment sectors.
Merus Power Oyj was incorporated in 2008 and is based in Ylöjärvi, Finland.
| Country | Finland |
| Founded | 2008 |
| Industry | Specialty Industrial Machinery |
| Sector | Industrials |
| Employees | 127 |
| CEO | Kari Tuomala |
Contact Details
Address: Pallotie 2 Ylöjärvi, 33470 Finland | |
| Phone | 358 2073 54320 |
| Website | meruspower.com |
Stock Details
| Ticker Symbol | MERUS |
| Exchange | Nasdaq Helsinki |
| Fiscal Year | January - December |
| Reporting Currency | EUR |
| SIC Code | 3620 |
Key Executives
| Name | Position |
|---|---|
| Kari Tuomala | MD and Chief Executive Officer |
| Rainer Antila | Chief Financial Officer |
| Jyri Öörni | Chief Technology Officer |
| Jonna Kannosto | Marketing, Communications and Investor Relations Director |
| Markus Ovaskainen | Sales Director |