Turvanasta
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Turvanasta Oy is a stud manufacturer based in Turku, South-Western Finland. The company is the market leader in its field, with more than 40% market share of the global stud market. The global demand for the studs has exceeded to over 2 billion pieces and Turvanasta Oy's present share of the pot is from 800 million to 1 billion.
Decision trail
Decision date 23/11/2024 · Reference ↗
Aluminum exports to Russia have doubled in a year – the Turku pin is behind it. Turvanasta is a family business from Turku, co-owned by the wife of the leader of the Finnish People's Party (RKP), Minister of Education Anders Adlerkreutz. A year ago, Turvanasta CEO Mikko Salakari acknowledged Russian exports in a press release, but appealed to subcontracting contracts that bind the company. According to Turvanasta CEO Mikko Salakari, the company does not know for which country the customer wants to receive pins when preparing an order. Salakari does not see a moral problem for the company that the products end up in Russia, since they cannot influence this. According to him, stopping the business would be more morally questionable due to the reduction in tax and export revenues and job losses.
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Exposure profile
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