The President of the Republic awards three Finnish SMEs for internationalisation

The President of the Republic of Finland, Sauli Niinistö, has awarded the 2013 internationalisation awards to game company Supercell, heating valve producer Vexve and LED lighting optics specialist Ledil.

The game company Supercell has grown exponentially after releasing hit games Clash of Clans and Hay Day in 2012. With turnover of over EUR 650 million last year, the company is growing at a record rate: in 2011, it produced a turnover of merely EUR 150.000.

"Finland is an unbeatable operational environment for entrepreneurism. We have been lucky. We are happy to be able to share some of our success. Our goal is to create a company that will continue to make us proud a century from now," says CEO Ilkka Paananen.

Vexve produces thermal valves for district heating to keep hundreds of millions of homes warm and comfortable. China and Russia are the largest of the company's 30 export countries. Vexve's Recent openings include district refrigeration valves, sold in the Middle East, among other areas.

Approximately 90% of Vexve's products are exported. The company has steadily continued to grow over a period of 20 years by constantly expanding its product selection.

Ledil specialises in high quality LED lighting components. Based in Salo, Ledil is one of the largest companies in its narrow field worldwide. It derives its turnover almost completely from the international market. In recent years, Ledil has grown at an annual rate of nearly 60% as a result of the breakthrough of LED lighting systems.

Tekes has funded the R&D of all the three award winning companies.

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Kaj Nordgren