Finland: Tuike Finland Oy

Overview

Tuike Finland Oy is Google’s Finnish data-centre and infrastructure company. It is registered under Finnish Business ID 2206071-7 and is active as an Osakeyhtiö / Oy. Its registered and postal address is Ensontie 1, 49420 Hamina. Finnish business-register-derived sources list the company as registered on 11 July 2008. Proff lists the auxiliary business name Google Technology Finland and identifies the company’s activity as 63100, IT infrastructure, data processing, hosting and related activities.

Tuike Finland Oy is separate from Google Finland Oy. Google Finland Oy is the Finnish market-facing and service/support entity; Tuike Finland Oy is the Finnish infrastructure and data-centre entity linked to Google’s Hamina data-centre operation.

Role in Google’s Finnish operations

Google Cloud’s current subprocessor documentation identifies Tuike Finland Oy as the Finnish Google group subprocessor for Data Center Operations, with the address Ensontie 1, Hamina, Finland, 49420, company number 2206071-7. The same documentation defines data-centre operations as operating and maintaining Google data-centre equipment that stores customer data.

Google’s official Hamina data-centre page states that Google purchased the former Summa paper mill site and opened its first Hamina data centre in 2011. The same page says Google announced construction of a seventh Hamina data centre in 2024.

Ownership and group status

Tuike Finland Oy is a Google group company. Google Cloud’s subprocessor documentation states that the ultimate parent company for listed Google group subprocessors is Google LLC, itself a subsidiary of Alphabet Inc. The reviewed public sources confirm Google group status and ultimate parentage, but do not establish the direct shareholder of Tuike Finland Oy.

Leadership

Finnish register-derived data list Paul Terence Manicle as a board member of Tuike Finland Oy. Profinder-derived company data identify Svilen Ivanov Karaivanov as an authorised signatory and deputy board member.

Infrastructure and expansion

Tuike Finland Oy is the Finnish legal entity tied to Google’s Hamina infrastructure presence. Google’s Hamina page lists €3.5bn invested in the region to date, 98% carbon-free energy use in Finland in 2023, and an offsite heat-recovery project with Haminan Energia expected to supply an estimated 80% of local heat demand.

Google announced an additional €1bn investment in May 2024 to expand its Finnish data-centre campus for AI-related demand. The announced expansion brings the investment context for Google’s Finnish data-centre presence to at least €4.5bn when the official €3.5bn Hamina figure and the later €1bn expansion are read together.

Tuike Finland key financial data

Data in €. The profit measure used in this table is operating profit / liikevoitto, not net result / tilikauden tulos.
YearRevenue / liikevaihtoOperating profit / liikevoittoEmployees
2020565,760,00038,761,00094
2021380,982,00031,526,00097
2022371,598,00039,596,00099
2023307,188,00023,260,000103
2024452,704,00030,727,000105

Latest financial snapshot

FY2024
IndicatorValue
Revenue / liikevaihto€452.704m
Operating profit / liikevoitto€30.727m
Operating margin6.8%
Net result / tilikauden tulos€12.184m
Equity ratio70.6% to 71%
Employees105

Asiakastieto and Proff report €452.7m in 2024 revenue, 105 employees, €30.7m in operating profit, an operating margin of 6.8%, and an equity ratio of around 71% for Tuike Finland Oy. Finder reports the 2024 net result / tilikauden tulos as €12.18m. The 2021 to 2024 revenue and operating-profit series is verified against Finnish business-register-derived financial data published by Asiakastieto and Proff, and the FY2024 headline figures are corroborated by independent Finnish reporting from the audited 2024 accounts. The 2020 row is retained from the prior Asiakastieto-derived source sequence and should be treated as a sourced historical row, but less strongly corroborated than the 2021 to 2024 sequence.