Annual Report 2022
Bittium in 2022
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Bittium in Brief

Bittium is a Finnish technology company specializing in the development of reliable, secure communications and connectivity solutions and healthcare technology products and services measuring and monitoring biosignals outside the hospital.

Bittium, formerly known as Elektrobit Ltd, was founded in 1985. It changed its name to Bittium after selling its Automotive business and the rights to the brand name Elektrobit on July 1, 2015. Bittium is a publicly listed company on Nasdaq Helsinki as BITTI.

Bittium operates in Finland, Germany, the United States, Mexico, and Singapore. Bittium headquarters is located in Oulu, and the company´s other Finnish offices are in Espoo, Kajaani, Kuopio, and Tampere.

At the end of 2022, Bittium had 625 employees, of which the majority were R&D engineers. In 2022, the Company did not undergo any significant changes in relation to its size, structure, operating areas, ownership, distribution of shares, income formation, or the maintenance of operations.

Bittium operates globally. With regards to sustainable business, Bittium´s products and services comply with the statutory requirements, directives, general standards, and frameworks, such as SA 8000 (social responsibility), ISO 14001 (environmental systems), RoHS I, II, III (hazardous substances), REACH (chemicals regulations), WEEE recyclability of waste electrical and electronic equipment), ETJ+ / ISO 50001 (energy efficiency), EICC (Electronic Industry Citizenship Coalition), and GRI G4 (reporting guideline for sustainable development). As a global enterprise, the Company also takes the special requirements of its international customers into account.

Bittium´s Purpose

Bittium´s purpose is to adapt our deep knowledge to deliver superior technology innovations to enhance connectivity, bring safety and improve health in the society.

Bittium´s Vision

Bittium´s vision is to become a global enabler of secure and reliable connectivity for people and things.

Business model 2022