Equities

Spinnova Oyj

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Spinnova Oyj

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  • Price (EUR)0.4455
  • Today's Change-0.002 / -0.34%
  • Shares traded7.02k
  • 1 Year change-49.43%
  • Beta2.1027
Data delayed at least 15 minutes, as of Feb 11 2026 07:12 GMT.
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About the company

Spinnova Oyj is a Finland-based company that focuses primarily on the clothing industry. Spinnova Oyj has developed a new technology for making textile fiber out of wood and waste such as leather, textile or food waste, without harmful chemicals. SPINNOVA fiber does not produce any waste or side streams and is produced with minimal water usage and with minimal CO2 emissions. The fiber is recyclable, quickly biodegradable, does not contain microplastics and can be produced without solvents or other harmful chemicals or additives. The target customers for Spinnova fiber consist of large multinational textile brands, especially clothing brands that use a lot of cotton and/or have the intention of reducing their environmental impact. The Company has a production plant in Jyvaskyla.

  • Revenue in EUR (TTM)500.00k
  • Net income in EUR-33.97m
  • Incorporated2014
  • Employees51.00
  • Location
    Spinnova OyjPalokarjentie 2-4JYVASKYLA 40320FinlandFIN
  • Phone+358 207032430
  • Fax+358 8373811
  • Websitehttps://spinnova.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
SPINN:HEX since
announced
Transaction
value
Woodspin OyDeal completed10 Jun 202510 Jun 2025Deal completed-2.13%--
Suzano Finland OyDeal completed10 Jun 202510 Jun 2025Deal completed-2.13%--
Data delayed at least 15 minutes, as of Feb 11 2026 15:28 GMT.
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