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Private company

Orion Corporation

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

Finnish pharmaceutical company

Orion Corporation (Finnish: Orion Oyj), founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland. Orion's class A and B shares are listed on the Helsinki Stock Exchange.2 It employed 3,880 people in 2024.1 Its revenue was €1.5 billion in 2024.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1917Founded1
  • Industrypharmaceutical industry1
  • HeadquartersNiittykumpu1
  • Websitewww.orion.fi
  • Legal formjulkinen osakeyhtiö1
  • Listed onNasdaq Helsinki Ltd1
  • LEI74370029VAHCXDR7B7453
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressPL 65, FI-02101 Espoo, Finland3
  • Registered withFinnish Patent and Registration Office, 1999212-63

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Orion Corporation (Finnish: Orion Oyj), founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.2

Corporate structure

Orion Corporation sits at the top of its group. 3 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Orion Corporation Espoo, Finland

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Orion was founded on September 21, 1917 by pharmacists Onni Turpeinen, Eemil Tuurala and Wikki Valkama. Before founding Orion, they worked in a pharmaceutical-chemical factory called Medica. The first premises of the new company were found in a courtyard building in Helsinki's Kruununhaka, Mariankatu 24, i.e. Asunto Oy Mars star. Among the first products of the apothecary were Ballistol gun oil and dulcine. Pediatrician Arvo Ylppö played a significant role starting in the 1920s.

Orion's diagnostics business was previously concentrated in the Orion Diagnostica profit unit, which was sold to a private equity investor in April 2018. The diagnostics business included the development, manufacture and marketing of diagnostic tests and hygiene tests. Orion Diagnostica changed its name in November 2019 and is now Aidian.

From Wikipedia’s article on Orion Corporation (Finnish company), shared under CC BY-SA 4.0.5

Products and brands

  • medication

Listed on Wikidata.1

The following are Orion's top-selling product lines as of March 2021.

From Wikipedia’s article on Orion Corporation (Finnish company), shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Employees over time

Orion Corporation employees by year13.9K in 2024+10% since 2022
01.0K2.0K3.0K4.0K2022: 3.5K3.5K20222023: 3.7K3.7K2023+6%2024: 3.9K3.9K2024+4%
  • 20243,8801
  • 20233,7441
  • 20223,5271

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Orion Corporation revenue by year11.5B EUR in 2024+15% since 2022
0500.0M EUR1.0B EUR1.5B EUR2.0B EUR2022: 1.3B EUR1.3B EUR20222023: 1.2B EUR1.2B EUR2023−11%2024: 1.5B EUR1.5B EUR2024+30%
  • 20241.5B EUR1
  • 20231.2B EUR1
  • 20221.3B EUR1

Net income

Orion Corporation net income by year1329.9M EUR in 2024−6% since 2022
0100.0M EUR200.0M EUR300.0M EUR400.0M EUR2022: 349.5M EUR349.5M EUR20222023: 216.8M EUR216.8M EUR2023−38%2024: 329.9M EUR329.9M EUR2024+52%
  • 2024329.9M EUR1
  • 2023216.8M EUR1
  • 2022349.5M EUR1

Timeline

  1. 1917Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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