In strong growth - Cityvarasto
Cityvarasto Oyj is a self storage company that operates nationwide and was established in 1999. The company has 62 self storage locations in the largest cities around Finland. In addition to renting self storages, the company sells packaging supplies, shipping and reception services and self storage insurances to its customers, leases business premises and business center offices, as well as provides an address service. The Cityvarasto Group consists of its parent company as well as Autokaupoille.com Oy, Pakuovelle.com Oy and Suomen Opiskelijamuutot Oy. Pakuovelle.com Oy, founded in 2004, is a growth company specializing in van rental. Pakuovelle.com operates currently in addition to capital area also in Turku, Tampere, Kuopio, Jyväskylä and Oulu, and aims to expand it’s operations alongside Cityvarasto into a national van rental company. Suomen Opiskelijamuutot Oy is a moving service company, specializing in domestic moves and it is operating in the Southern Finland region.
Cityvarasto Group in numbers
Turnover 2022
16,7 M €
Growth 28,7 % from 2021
EBITDA 2022
5,9 M €
Growth 21,4 % from 2021
Equity ratio 2022
57 %
Self storage facilities 2022
51 Pcs
Floor area 2022
153 000 m²
Growth 4,1 % from 2021
Financial reports
Cityvarasto’s financial figures indicate strong growth. The Group focuses on the strength of business operations without forgetting about profitability.
18.08.2022
A new self storage site for Cityvarasto Oyj in Jyväskylä
Cityvarasto Oyj has acquired properties in Kirri, Jyväskylä, address Kirrinkuja 1. With this real estate acquisition, Cityvarasto strengthens its position in the Jyväskylä region, where the company already has 2 self storage sites; In the Center on Cygnaeuksenkatu and in Seppälä on Ahjokatu.
Investor contacts
Ville Stenroos
- Chief executive officer, Founder, Main Owner
- firstname.lastname@cityvarasto.fi
- 029 123 4747
Matti Leinonen
- Financial expert
- firstname.lastname@cityvarasto.fi
- 029 123 4768