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Rototec Oy designs and installs geothermal heating and cooling systems for residential and commercial properties.
Founded in 2007 and headquartered in Finland, Rototec Oy designs, drills and installs geothermal boreholes for property investors, construction firms and developers, mainly in Finland, Sweden and Norway, with plans to extend into Germany. The company was founded by Timo Ojanne and is led by CEO Mikko Ojanne. In May 2021, Formica Capital acquired a majority stake in Rototec Oy from Intera Partners. In 2023 the company reported revenue of EUR 58,897,147.60 and EBITDA of EUR 11,174,737.40.
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