When the ironworks were founded in Fiskars, Finland was under Swedish rule, and Sweden was one of Europe's biggest producers of iron in the seventeenth century. In 1649, Peter Thorwöste was granted the privilege of setting up a blast furnace and bar hammer in Fiskars and for the manufacture of cast iron and forged products. The iron ore used in Fiskars was mainly brought in from the Utö mine in Stockholm's outer archipelago and most of the bar iron manufactured at the ironworks was shipped to Sweden to be sold on the Iron Market in Stockholm's Old Town. In Fiskars, the iron was also used to make nails, thread, knives, hoes, iron wheels and other things.

Fiskars has grown to be a leading consumer goods company with globally recognized brands including Fiskars, Iittala, Gerber, Wedgwood and Waterford. With iconic products, strong brands and global ambitions, Fiskars’ mission is to enrich people’s lives in home, garden and outdoor. Fiskars’ products are available in more than 100 countries and the company employs around 9,000 people in 30 countries. The group recorded net sales of 1,105.0 million euros in 2015.