From Finland to the Baltics: The Story of Leinonen Transformation and Growth

In today’s fast-paced and complex business environment, companies need more than just service providers—they need true partners. For over three decades, Leinonen Group has been that partner, supporting businesses through complexities with confidence, care, and cross-border expertise.

Founded in 1989 in Finland by entrepreneur Mr. Leinonen, the company began with a simple yet powerful mission: to let business owners and leaders focus on their core business and goals, while Leinonen handles the rest—financial accounting, payroll, tax, and legal compliance. This vision still drives the company today.

Leinonen journey into the Lithuanian market: From Family Business to Regional Leadership

What began as a small Finnish family business evolved into a multinational service provider. The decision to expand wasn’t driven by ambition to grow—it was a response to client needs.

In the early 1990s, as the Baltic region emerged, clients came with a pressing need: reliable and professional partners who could guide them through uncertain, high-risk markets. Leinonen answered that call, expanding first into Estonia, then Latvia, and soon after, Lithuania. Today, the Group has 12 offices across 11 countries, including Sweden, Norway, Poland, Bulgaria, Hungary, Ukraine, and Kazakhstan.

Among the offices, Leinonen Lithuania has become a flagship office—the most developed, dynamic, and revenue-generating branch of the Group. It embodies the company’s values: trust, quality, adaptability, and client-focused, dedicated team of professionals.

The office has become not only a regional leader but also a model of best practices for the entire organization.

What Sets Leinonen Apart

Leinonen was founded on a solid, values-driven foundation—ethical and transparent business practice, commitment to client-centricity, continuous improvement, and the dedication of talented, professional people. These principles are more relevant than ever in a world where trust is currency and connection is a competitive edge.

While our services are grounded in deep technical excellence—accurate accounting, efficient and mistake-free payroll processing, digital and automated financial data processing, timely regulatory reporting, certified quality (ISO 9001) and data security (ISO 27001) standards — the foundation of our long-term success goes far beyond that.           

“Business leaders today seek reliable partners—professionals who genuinely care and understand their unique needs,” shares Povilas Sadaunykas, Baltics Regional Director. “Outsourcing is no longer just a transaction—it’s a relationship. Clients come to us for our financial and regulatory expertise, but they stay because they feel seen, understood, and supported. That’s the Leinonen difference: a rare combination of technical excellence and genuinely personalized care.”

Unifying the Baltics: One Partner, Seamless Service

A major strategic achievement in recent years has been the unification and harmonization of the Baltic operations. Instead of managing three different providers in Lithuania, Latvia, and Estonia, businesses now can experience one point of contact, one standard of excellence and seamless service across all three countries.

The recent client satisfaction survey confirms the value of this transformation. The streamlined structure reduces inefficiencies, minimizes administrative burden, and delivers a consistent, high-quality experience regardless of the country.

“We don’t just simplify operations—we empower our clients to build smarter, more resilient businesses,” explains Povilas Sadaunykas.

Shaping the Future

As Leinonen approaches three decades of success in the Lithuanian market, its focus is firmly set on the future. The company remains committed to continuous improvement, investing in people, technology, and smarter ways to support an expanding and evolving client base.

“We deeply appreciate the trust our clients have placed in us,” says Povilas Sadaunykas. “Our promise remains unchanged: to deliver exceptional experiences, exceed expectations, and be the first choice for both clients and employees.”

With a legacy built on trust and a clear vision for what lies ahead, Leinonen is not just celebrating the past—it’s actively shaping the future of financial accounting services across the Baltics and beyond.

Recent Posts

Termination of Employment Contracts Due to Redundant Job Functions: Key Requirements and Key Aspects - Leinonen
March 10, 2025

Termination of Employment Contracts Due to Redundant Job Functions: Key Requirements and Key Aspects

In business practice, situations often arise where employment relationships end not by mutual agreement but at the employer’s initiative. We frequently receive inquiries from clients…

Continue reading
Expanding your business in the Baltic States: what challenges lie ahead and how to overcome them - Leinonen
February 14, 2025

Expanding your business in the Baltic States: what challenges lie ahead and how to overcome them

When companies look to expand into foreign markets, the Baltic States often become the first choice. Operating in neighboring countries presents numerous opportunities but also…

Continue reading
Key Criteria for Choosing an Accounting Program: Essential Solutions for Effective Financial Management - Leinonen
February 5, 2025

Key Criteria for Choosing an Accounting Program: Essential Solutions for Effective Financial Management

In today’s business environment, financial accounting and operations management are inseparable from the use of digital tools and advanced applications. Whether establishing a new company,…

Continue reading