Merus Power Oyj (HEL:MERUS)
Finland flag Finland · Delayed Price · Currency is EUR
4.240
-0.080 (-1.85%)
At close: Mar 6, 2026

Merus Power Oyj Company Description

Merus Power Oyj, together with its subsidiaries, designs, manufactures, and sells electrical engineering solutions in Finland, Europe, and internationally.

The company offers battery energy storage and power conversion systems. It also provides power quality solutions including Merus A2, an active harmonic filtering solution; Merus HPQ, a hybrid power quality compensator system; Merus STATCOM, a modular static synchronous compensator; and Merus SVC, a static var compensator solution, as well as Merus MERUSCOPE, a cloud-based IoT service for remote monitoring and controlling.

In addition, the company offers power quality studies and analyses, installation and commissioning services, operation and service agreements, spare parts, and technical training and support; and sizing tools, such as harmonic and unbalance calculators.

Its solutions are used in crushers, electric arc and ladle furnaces, elevators, EV charging stations, HVAC systems, industrial cranes, lighting, paper machine and printing, variable frequency drives, and welding applications.

The company serves automotive, chemical, food and beverage, glass, maritime, metallurgical, mining, oil and gas, paper and pulp, pharmaceutical, plastics, semiconductor, and textile industries; commercial buildings comprising airports, casinos, data centers, distribution centers, greenhouses, hospitals, high buildings, hospitals, hotels, office buildings, and shopping centers; and renewables, which include hydrogen production and electrolyzers, hydro, solar, and wind power, as well as distribution system operators and water and wastewater treatment sectors.

Merus Power Oyj was incorporated in 2008 and is headquartered in Ylöjärvi, Finland.

Merus Power Oyj
Country Finland
Founded 2008
Industry Specialty Industrial Machinery
Sector Industrials
Employees 146
CEO Kari Tuomala

Contact Details

Address:
Pallotie 2
Ylöjärvi, 33470
Finland
Phone 358 2073 54320
Website meruspower.com

Stock Details

Ticker Symbol MERUS
Exchange Nasdaq Helsinki
Fiscal Year January - December
Reporting Currency EUR
SIC Code 3620

Key Executives

Name Position
Kari Tuomala MD and Chief Executive Officer
Rainer Antila Chief Financial Officer
Jyri Öörni Chief Technology Officer
Jonna Kannosto Marketing, Communications and Investor Relations Director
Markus Ovaskainen Sales and Marketing Director