# Spinnova

Finnish companies like Spinnova utilize mechanical refining of wood pulp to produce textile fibers without harmful chemical solvents.

Source: https://en.bioecon.ru/companies/spinnova/
Updated: 2026-06-24

- Country: Finland
- Ticker: HEL:SPINN

## Verifiable facts

| Fact | Value | Source |
| --- | --- | --- |
| Revenue | EUR 0.286 million | https://au.marketscreener.com/news/spinnova-oyj-reports-earnings-results-for-the-half-year-ended-june-30-2026-ce7858dcdf8af525, https://news.cision.com/spinnova/r/spinnova-plc-s-financial-statements-bulletin-january-december-2025--spinnova-developed-its-technolog,c4306304, https://storage.mfn.se/d697a7cd-df94-4f1b-8cad-be221f52d0a0/spinnova-half-year-report-january-june-2026.pdf, https://www.inderes.fi/en/analyst-comments/spinnova-h126-flash-comment-test-runs-progressed-but-no-further-evidence-of-cost-competitiveness-was-obtained |
| Funding | EUR 12.7 million R&D loan from Business Finland (2024) | https://spinnovagroup.com/wp-content/uploads/2025/03/Spinnova_Annual-report-2024.pdf |
| Certification | ISO 45001 (occupational health and safety), FSC Chain of Custody certification | https://spinnovagroup.com/wp-content/uploads/2024/04/Spinnova_ANNUAL-REPORT_2023.pdf, https://spinnovagroup.com/wp-content/uploads/2025/03/Spinnova_Annual-report-2024.pdf |
| Headcount | 66 employees (58 permanent, 8 fixed-term) as of June 30, 2026 | https://spinnovagroup.com/wp-content/uploads/2024/04/Spinnova_ANNUAL-REPORT_2023.pdf, https://storage.mfn.se/d697a7cd-df94-4f1b-8cad-be221f52d0a0/spinnova-half-year-report-january-june-2026.pdf |
| Production site | Jyväskylä, Finland | https://au.marketscreener.com/news/spinnova-oyj-reports-earnings-results-for-the-half-year-ended-june-30-2026-ce7858dcdf8af525, https://spinnovagroup.com/wp-content/uploads/2024/04/Spinnova_ANNUAL-REPORT_2023.pdf |
| Capacity | 1,000 tonnes per year for the Woodspin demonstration factory | https://spinnovagroup.com/wp-content/uploads/2024/04/Spinnova_ANNUAL-REPORT_2023.pdf |

Independent sources: au.marketscreener.com, inderes.fi, news.cision.com, storage.mfn.se

## Technologies

- [Natural fibers & bio-textiles](https://en.bioecon.ru/technology/natural-fibers-bio-textiles/)