Research and development
In this section you can find information on Valmet's Research and Development work, such as focus areas, orders received of new products and costs.
The aim of our research and development work is to create new technologies, products and services that address customer needs and help respond to important global megatrends: enhancing the efficiency of raw materials; water and energy; promoting the use of renewable raw materials; and reducing emissions.
Valmet's R&D focus areas:
- Promotion of renewable materials
- Raw material, water and energy efficiency
- Emission reductions
- Circularity
- Productivity and environmental improvements with digitalization
Orders received of new products:
- EUR 462 million in 2013
- EUR 529 million in 2014 (Automation business line not included)
- EUR 653 million in 2015
- EUR 751 million in 2016
- EUR 692 million in 2017
- EUR 1,080 million in 2018
- EUR 987 million in 2019
- EUR 994 million in 2020
- EUR 1,054 million in 2021
- EUR 1,113 million in 2022
- EUR 957 million in 2023
- EUR 884 million in 2024
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
| Research and development expenses (EUR million) | 123 | 114 | 95 | 82 | 75 | 71 | 66 | 64 | 64 | 50 | 42 | 60 |
| % of net sales | 2.3% | 2.1% | 1.9% | 2.0% | 2.0% | 2.0% | 2.0% | 2.1% | 2.2% | 2.0% | 1.7% | 2.3% |
| R&D personnel | 564 | 551 | Over 470 | 471 | 457 | 452 | 442 | 421 | 447 | 456 | 298 | 330 |
Figures for 2013 are carve-out figures.
Valmet's Research and Development centers
Valmet's research and development work is carried out mainly in Finland and Sweden by the R&D organizations in our business lines. Valmet operates 34 R&D centers that are also pilot facilities for customer projects and internal testing.
