Elematics

About Elematics

Founded in 1959 by brothers Pentti and Pauli Virtanen, Elematic Oyj has established itself as a significant force in the precast concrete technology sector. The company's genesis traces back to Toijalan Teräsvalmiste (TTV), a metal industry business inherited from their father, which the brothers pivoted to capitalize on the rising demand for precast production technology during Finland's rapid urbanization. This strategic shift laid the groundwork for what would become a global enterprise.

Elematic's journey has been marked by consistent international expansion and product development. A key early milestone was the delivery of its first complete precast factory in 1965. The company began its international foray in the late 1960s, establishing a subsidiary in Germany in 1969. Over the decades, Elematic has expanded its footprint to over 100 countries across six continents, with a strong presence in the Middle East, Asia, Russia, and Europe. A notable achievement includes the delivery of the world's largest precast factory to Bismayah, Iraq, in 2014. The company has grown both organically and through acquisitions, such as X-Tec Oy in 2006 and, more recently, Vollert's precast concrete technology business in December 2025, which enhances its capabilities, particularly in the Indian market.

The core of Elematic's business is the design, manufacture, and supply of machinery, equipment, software, and complete production plants for the precast concrete industry. The company serves clients involved in constructing residential and non-residential buildings, offering solutions that cover the entire production process. Revenue is generated from the sale of these comprehensive systems, which range from single machines to entire turnkey plants, as well as through extensive lifecycle services. These services include design, project management, maintenance, and digital tools designed to optimize plant performance.

Elematic's product portfolio is structured to meet varying client needs, with production lines offered at three technology levels: SEMI, PRO, and EDGE. Beyond the physical machinery, the company provides sophisticated software solutions like Plant Control, an ERP system tailored for precast factories that helps optimize production processes. The firm is also advancing into IoT-based solutions to leverage data analytics for real-time operational improvements. This commitment to technological advancement is central to its value proposition, which focuses on delivering profitable, high-quality, and efficient precast production solutions to its global clientele.