Business concept
Innventia contributes to the productivity and profitability of its clients in the entire value chain by
- carrying out research at the highest international level
- implementing research results in commissions and in consultancy and training services
- providing services utilising state-of-the art laboratory and pilot plant equipment.
This work is characterised by high levels of expertise, commitment and ethical standards.
Business areas
The company is organized in three business areas
- Biorefining
- Material Processes
- Packaging Solutions
Owners
Six companies together have 51% direct ownership: Billerud, Holmen, Korsnäs, M-real, Stora Enso and Södra.
The balance is owned by the Swedish government through RISE Holding (29%), The STFI Association of Interested Parties (10%) and The Private Owners' Association Packforsk (10%).
Geografic locations
Innventia head office is situated in Stockholm, adjacent to the Royal Institute of Technology, KTH. The company also has an office in Kista, a suburb of Stockholm and a demonstration plant in Bäckhammar.
Innventia is represented in Trondheim, Norway, by PFI AS, a research company in which it has majority ownership and in the U.K. by Innventia UK Ltd.
Turnover and personnel
The turnover for the group Innventia, PFI and Innventia Edge was in 2010 SEK 335 million, divided into three business areas, Exploratory Research (43,5%), Industrial Research (29,8%) and Client Projects (24,1%).
Innventia has 270 employees of whom more than 200 work with research.
Financing
- Exploratory Research – Research directed at areas of future strategic importance. Financed mainly by public funding, e.g. a government, the EU etc.
- Industrial Research – Long-term research, e.g. the Cluster Research Programme, Trade and Industry Groups, directed at industrial needs. Mainly financed by private funding.
- Consulting – R&D, investigations, advice and trouble-shooting on a direct commission basis. Analysis and testing. Training courses.