The society of tomorrow is being built today.
The foundations we lay down for the infrastructure, buildings and landscapes around us need to stand strong through time. That’s why innovative, stable, lightweight and easy-to-handle aggregate materials that combine functional performance and environmental responsibility are needed.
We serve the markets where we have a presence in more ways than one. We take the portion of locally recycled glass that is no longer suited for other reuse applications and turn it into high-performance foam glass using sustainable processes. We are continuously working towards eliminating the environmental impact of our product across its lifecycle.
We provide our customers with a circular solution that helps build and preserve a strong foundation for humanity, community and society.
Strategy
A key part of the strategy involves developing the business through new acquisitions and investments. The company’s target is to achieve a revenue of EUR 100 million and an EBITDA level of over 20 per cent by the end of 2028.
Foamit is undergoing a transformation process to become an industrial operator. The company is currently carrying out several strategic change and development projects that will enable the growth target to be achieved by the end of 2028. Due to the implementation of the strategy and the nature of its business, the company does not provide a short-term outlook.
Published in Foamit Corporation’s financial statement bulletin January to December 2025.
Mission
Four Nordic plants in Finland, Sweden and Norway.
Share of our revenue that comes from circular business.
Target by the end of 2028.
Target by the end of 2028.
Part of Foamit Group
The business of the Foamit group is divided into foam glass and glass recycling. Foam glass is used in infrastructure and building construction as a lightweight and insulating material. In the glass business the group runs a full circular loop, receiving waste glass and returning it to productive use.
Foamit Group comprises Uusioaines Oy in Finland, Hasopor AB in Sweden and Glasopor AS in Norway. Our four Nordic production plants serve customers across several European markets.
