# Nurminen Logistics Oyj > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/en/companies/nurminenlogistics). ## Overview Nurminen Logistics is a Finnish publicly listed company founded in 1886. It specializes in providing high-quality railway transportation, terminal services, and multimodal solutions between Asia and Europe, as well as within the Nordic and Baltic regions. The company is known for its efficient and sustainable logistics services, leveraging its extensive network and expertise in international rail logistics. Nurminen Logistics is committed to expanding its market presence and enhancing operational efficiency through strategic investments and partnerships. ## Products & services • Railway transportation services • Terminal services • Multimodal logistics solutions • Freight forwarding • Customs clearance services • Warehousing solutions - **Railway Transportation** (50%) — Includes international and domestic rail freight services - **Terminal Services** (20%) — Comprises handling and storage at logistics terminals - **Multimodal Solutions** (15%) — Combines different modes of transport for efficient logistics - **Freight Forwarding** (10%) — Involves organizing shipments for individuals or corporations - **Customs and Warehousing** (5%) — Includes customs clearance and warehousing services - Railway transportation services - Terminal services - Multimodal logistics solutions - Freight forwarding - Customs clearance services - Warehousing solutions ## Customers Nurminen Logistics serves a diverse range of customers, including large industrial companies, retailers, and manufacturers. These clients rely on Nurminen for its expertise in efficient and sustainable logistics solutions, particularly in rail transportation. The company's services are crucial for businesses looking to optimize their supply chains and reduce environmental impact. Nurminen's customer base is primarily located in Europe and Asia, with a strong emphasis on clients requiring cross-border logistics solutions. - **Industrial Companies** (primary) — Utilize rail logistics for bulk transportation - **Retail Chains** (secondary) — Require efficient supply chain solutions - **Manufacturers** (secondary) — Focus on sustainable and cost-effective logistics - **Cross-border Logistics Clients** (emerging) — Need reliable international transport solutions - Large industrial companies seeking efficient rail logistics - Retailers needing reliable supply chain solutions - Manufacturers focusing on sustainable transportation - Businesses requiring cross-border logistics services - Clients in Europe and Asia optimizing supply chains ## Geography Nurminen Logistics operates primarily in Finland, Sweden, and the Baltic countries, with a significant portion of its revenue generated from these regions. The company has expanded its network to include strategic routes between Asia and Europe, enhancing its international presence. Key markets include the Nordic countries and the Baltics, where Nurminen leverages its expertise in rail logistics. The company's headquarters is located in Helsinki, Finland, and it maintains a strong operational presence in these regions to support its logistics services. - **Finland** (54%) - **Baltics** (25%) - **Sweden** (15%) - **Other** (6%) - Headquartered in Helsinki, Finland - Key markets include Finland, Sweden, and the Baltics - Significant operations in the Nordic countries - Strategic routes between Asia and Europe - Strong presence in international rail logistics ## Strategy Nurminen Logistics is focused on expanding its international rail logistics network and enhancing operational efficiency. The company aims to capitalize on the growing demand for sustainable logistics solutions by investing in infrastructure and technology. Strategic priorities include expanding market presence in Europe and Asia, optimizing supply chain solutions, and leveraging partnerships to enhance service offerings. Nurminen is also committed to improving cost efficiency and maintaining high service quality to strengthen its competitive position. - **Expand Rail Network** (medium-term) — To increase market presence in Europe and Asia - **Sustainable Logistics** (long-term) — Growing demand for eco-friendly solutions - **Operational Efficiency** (short-term) — To maintain competitive pricing and service quality - Expand international rail logistics network - Enhance operational efficiency through technology - Invest in infrastructure for sustainable logistics - Optimize supply chain solutions for clients - Leverage partnerships to enhance service offerings ## Risks Nurminen Logistics faces several risks, including economic downturns in Europe, geopolitical tensions affecting international trade, and regulatory changes impacting rail logistics. The company's reliance on rail infrastructure means that disruptions or inefficiencies in rail networks can adversely affect operations. Additionally, fluctuations in demand for logistics services due to global economic conditions pose a risk to revenue stability. The company must also manage financial risks related to currency fluctuations and interest rates. - **Economic Downturn in Europe** [high] — Could reduce demand for logistics services - **Geopolitical Tensions** [medium] — May disrupt international trade routes - **Regulatory Changes** [medium] — Impact on rail logistics operations - **Rail Infrastructure Disruptions** [high] — Affect operational efficiency - Economic downturns in Europe affecting demand - Geopolitical tensions impacting international trade - Regulatory changes in rail logistics - Disruptions in rail infrastructure - Fluctuations in global demand for logistics services ## Accounting Nurminen Logistics' financial reporting is influenced by several critical accounting matters, including revenue recognition under IFRS 15, which impacts the timing of revenue from logistics contracts. The company also deals with seasonality, which can cause quarterly fluctuations in revenue and costs, affecting financial comparability. Lease accounting under IFRS 16 is significant due to the company's reliance on leased rail assets. Additionally, the valuation of goodwill from acquisitions, such as Essinge Rail AB, requires careful assessment to ensure accurate financial reporting. - **Revenue Recognition** — high - **Lease Accounting** — medium - **Goodwill Valuation** — medium - Revenue recognition timing under IFRS 15 - Seasonality causing quarterly revenue fluctuations - Lease accounting impacts due to IFRS 16 - Goodwill valuation from acquisitions - Financial comparability affected by seasonal trends --- *Last updated: 2026-08-11T04:04:54.998987+00:00*