Railo Technology

Railo Technology Oy
Company typeOsakeyhtiö
Founded30 December 2004 (2004-12-30)
Headquarters,
Key people
Mika Hovilainen (Managing Director and CEO)
Services
Revenue
  • 15,227,446 (2024)
  • €10,438,360 (2023)
  • –€1,350,867 (2024)
  • €545,773 (2023)
Owner
  • Finnish Industry Investment
  • ABB
Number of employees
57 (12/2024)
Websiterailotech.fi

Railo Technology, branded as Railotech, is a Finnish engineering company that operates an ice model test basin in Helsinki. In addition to ship model testing, the company offers various design, engineering and consulting services related to icebreakers, other icegoing vessels and arctic offshore projects as well as full scale trials, field expeditions and training for icy conditions. Formerly the arctic research centre of Wärtsilä and later Masa-Yards, it was established as an independent company on 30 December 2004 and was known as Aker Arctic until March 2026. Railo Technology's major shareholder is the Finnish Industry Investment with ABB holding a minority ownership.

Railo Technology and its predecessors have designed more than half of the world's icebreakers. In addition, the company is responsible for a number of recent inventions in the design of icegoing ships, such as the double acting ship and oblique icebreaker concepts.