contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


the-sale-of-the-85-mw-pyhasalmi-bess-project-has-closed

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Dovre Group is an industrial group specialized in consulting and project management. The services mainly include strategic solutions for major investment projects and the customers are found among major corporate customers and among actors in the public sector. The group has operations on a global level, with the largest presence in Europe and North America. The head office is located in Espoo.

The company is currently applying for corporate restructuring. There hasn’t been any news reported on the progress of this process yet, has there? Whether Dovre is admitted into such a process likely depends largely on the creditors and how significant hair cuts they are willing to make to the loans. And of course, also on whether there are seen to be realistic possibilities for the company to become profitable again with its remaining parts (following Suvic’s bankruptcy). As I understand it, the revenues of the remaining parts are quite marginal compared to Suvic and its previous expectations. Restructuring negotiations can last a long time, and even if a restructuring program is reached, the final result can still ultimately be bankruptcy. Shareholders are unlikely to be left with anything. In that sense, it might be quite sensible to sell the shares at a nominal value to be able to make tax deductions. However, there is a risk that the tax authorities might nowadays interpret that kind of “selling shares of a bankrupt company to a friend for a euro” type of sale as tax evasion. Has anyone already taken up that offer from Evon Capital? Any experiences?

Is this the end of the Dovre story? A bad bank is offering to buy shares at a nominal price? Won’t Koskelo, who defended Suvic and Dovre, make a counter-offer? It’s strange that the discussion has died down like this. It is also interesting what the actual role of the Chairman of the Board of Dovre Group is in this scheme. Kalervo Rötsä has at least been a prominent figure at the law firm Eversheds. Is his role here to be a front for the real power players, or what? Well – it is probably useless to expect any comment from him or others who know the situation better. However, it is strange that out of Suvic’s €133M debt, €84.7M was debt to the parent company Dovre. Was it real or something else entirely? This whole Suvic/Dovre case doesn’t just smell – it reeks!

If you want to get rid of your shares, you can send us a message; bankruptcy looks quite certain now.                   Osakekaupat.fi              Dovre Groupin maksukyvyttömyys ja tytäryhtiöiden konkurssit: Miksi tappion...    Dovre Group Oyj on ajautunut tammikuun 2026 aikana syvään kriisiin, jonka vuoksi kauppa yhtiön osakkeella on pysähtynyt. Tämä on asettanut omistajat haastavaan asemaan.

Finnish listed company declares insolvency – subsidiary to go bankrupt                   Ilta-Sanomat – 7 Jan 26              Suomalainen pörssiyhtiö kertoo olevansa maksukyvytön – tytäryhtiö konkurssiin    Yritys tutkii yrityssaneeraukseen hakeutumisen mahdollisuutta.                             Last one out, turn off the lights. Quite a mess. This was a rather promising and profitable company, though. It would certainly have had a different outcome with better management.

Dovre’s remaining parts are a bit of a mystery, at least they include:  The old Proha Finnish consulting business, likely a few employees and maybe €1–2m in revenue. eSite, which was acquired from Fortum; I don’t really know what it does, but revenue is unlikely to be more than €0.5m. Renetec—I wondered about its founding earlier, but perhaps trust in Suvic was already wearing thin, and that’s why it’s a separate company (though not for project execution, more for design if I remember correctly). Its revenue is unlikely to be over €1m; information has been quite scarce. An associate company called Suvirasa or similar has been held for a long time, with a 20% stake; its value in the financial statements has presumably been around €2m.  Those elements can be made profitable, but the restructuring cuts would need to be massive to generate significant cash flow from those components. We’ll see if management still has the stamina to keep dragging this stone sledge; the upside is, however, quite limited. I’ve been involved in this for probably 10 years or more; at one point the choice was between Revenio or this, and I might not have picked the winning horse  but I knew Dovre from before, and at the time there was a clear cleanup project underway that was progressing in the right direction year by year. Suvic was just a massive mistake; once again, a company from Oulu practicing “financially-driven project management” has been found, putting it in the same category as Lehto. This is actually even more shocking as losses are in the tens of millions and revenue hasn’t been much higher over the same period. Well, luckily I’ve been trimming my position, so maybe this adventure ended up just barely at ±0.

I’m returning to this reflection of mine from three months ago now that Dovre is perhaps seeking to avoid bankruptcy through corporate restructuring.  As I understand it, a condition for corporate restructuring is that there is healthy business to be saved, which makes my previous reflection a burning central question. What do you think?

That’s just how it goes in this business sometimes, it seems. The stock gives, and the stock takes away. A sad story, complete with those bizarre snow removal costs and everything. Maybe there’s a lesson to be learned here. I understand the word “insolvent” to mean that there’s nothing left to restructure. The cash is gone.

Dovre Group

Dovre Group Plc (in debt restructuring proceedings) | Press releaseDovre Group Plc (“Dovre”) announced on 19 January 2026 that the company and Sustainable Energy Solutions Sweden Holding AB ...

<div class="mfn-disclaimer"><p>Dovre Group Plc (in debt restructuring proceedings) | Press release</p></div><div class="mfn-body"><p>Dovre Group Plc (“Dovre”) announced on 19 January 2026 that the company and Sustainable Energy Solutions Sweden Holding AB (“SENS”) had agreed to sell 100% of the shares in Pyhasalmi BESS Oy to a renewable energy-focused fund managed by Prime Capital AG. Dovre’s ownership in the project company was 45%.<br>&nbsp;<br>The transaction has now been completed. The final purchase price paid to Dovre for the Pyhasalmi BESS Oy shares it owned is EUR 2.1 million.<br>&nbsp;<br>For further information, please contact:<br>&nbsp;<br>Dovre Group Plc<br>&nbsp;<br>Kalervo Rötsä, Chairman of the Board of Directors<br>Tel. +358 40 560 9891<br><a href="mailto:kalervo.rotsa@dovregroup.com" rel="noopener">kalervo.rotsa@dovregroup.com</a><br>&nbsp;<br>Markku Taskinen, CEO<br>Tel. +358 50 343 1482<br><a href="mailto:markku.taskinen@dovregroup.com" rel="noopener">markku.taskinen@dovregroup.com</a></p></div>