I certainly haven’t noticed any gains. Ok, now it’s up a good one and a half percent, but so are many other defensive stocks.
Yeah, this is definitely one of the first things on the shopping list when peace eventually comes.
When peace is achieved in Ukraine, hopefully soon, I believe it will also increase the sales of Lidskoe Pivo products. This is because many rebuilders and returning residents will arrive in the Belarus-Ukraine region. So, the company’s potential sale or an increase in turnover, both will bring a strong revenue stream to Olvi. Based on the news of recent days, and especially today’s news, peace and a ceasefire are truly close.
Olvi’s turnover in Belarus has grown significantly due to competitors having exited the market and products having flowed into Russia via various routes. If the world “normalizes,” competition will return to the picture.
However, a possible peace does not mean that things would return to normal. Belarus is a rogue state, Russia’s accomplice, and it seems not many people, for example in Ukraine, will miss the products from those countries in the future.
It would certainly be a really great thing if those Belarusian profits could be repatriated and the future of the local business could be considered without legislative restrictions (sales ban, arbitrary fines, etc.).
Olvi continues its path of corporate acquisitions. As a company, it’s probably an importer somewhat similar to Servaali. Thus, there is experience with a similar type of company.
Olvi is increasingly moving towards a multi-beverage direction, similar to Royal Unibrew, the owner of Hartwall. You can get everything from one place: from sparkling water
Jussi Halme has made a video about Olvi. ![]()
Olvi’s third quarter of 2025 once again shows how relentless the everyday life of a beverage company can be in a world where weather, purchasing power, and consumer uncertainty sway sales faster than beer can be brewed. Nevertheless, Olvi managed to keep its revenue and volume almost at the previous year’s level in a situation where many competitors stumbled due to a rainy and cold summer.
Is Olvi a defender or an attacker in the current market – and is its stock more of a defensive safe haven or an opportunity for cautious growth?
The options mentioned in the video, Kotimaista Lager and Pirkka-olut, are both manufactured by Olvi.
Kotimaista is manufactured by Sinebrychoff, at least according to S market’s websites.
Lidl’s red one is Olvi’s, if I recall correctly, however. And Pirkka and K Menu also are. Pirkka probably also has other alcoholic beverages from Olvi, such as cider and long drink.
You are right that Kotimaista 0.33l cans are manufactured by Sinebrychoff. The pint-sized one in the video is made by Olvi.
I didn’t know that. So it seems.
“Domestic” can be from Sinebrychoff, Olvi, or Laitila soft drink factory. Interesting.
The video also mentioned Olvi’s 2.0 cola. The taste somewhat resembles Max, but it has a strange aftertaste, and even though many people like it, it doesn’t work for me.
Instead, a strong recommendation for the sugar-free COOP cola, which Olvi produces. A positive surprise, and the taste is surprisingly close to that AI Santa’s zero, a bit moderately subdued like a stock, but no, not bad at all. I recommend it! I mean COOP Cola, not the stock.
Which one would you get yourself?

Nora Hortling of Olvi Awarded for Board Work | Kauppalehti
The award certainly went to the right place! Just based on what I read in an interview and considering everything Olvi has been through in recent years. And yet, how the board has focused on new ventures and new opportunities.