Fiskars` three main reporting segments are Living, Functional and Other. The Other segment includes head office, shared services and investments; Fiskars` other activities include real estate transactions.  This includes 15,000 hectares (37,000 acres) of land and forest, as well as the maintenance of several properties. The company owns areas around the village of Fiskars and in Hankoniemi, among others. In 2019, there were 3,700 hectares (9,100 acres) of water surfaces.  In 1972, Fiskars was the first company in the world to begin mass production of left-handed ergonomic scissors, recognizable by their red color.  The company has been active in various sectors over the decades. Fiskars was best known for its orange scissors, which were developed in 1967. By 2010, more than one billion had been sold.  In 2019, its products were for home, outdoor activities, interior decoration and table decoration.
Major brands today include Fiskars, Iittala, Royal Copenhagen, Wedgwood and Waterford. After Julin`s death in 1883, the company was transformed into a limited liability company called Fiskars Aktiebolag.  Julin`s youngest son, Albert von Julin, took over the management of the company.  Fiskars Corporation, headquartered in Helsinki, Finland, is one of the oldest companies in the Western world, founded in 1649 as Fiskars Ironworks and in continuous operation ever since. Even during his involvement in several wars between Sweden and Russia, Fiskars gained a reputation as one of the best iron and copper foundries in the north. In the 1830s, the company expanded its knife factory, producing forks and scissors, establishing Finland`s first machine shop and producing the first Finnish steam engine. After surviving the ravages of both world wars, Fiskars gradually became the world`s leading manufacturer of scissors and other cutting products for the home, school and office. produces lawn and garden accessories; and manufactured goods for handicrafts and outdoor recreation. The company focuses on the consumer goods sector, which accounts for more than 90% of the company`s sales. Fiskars is organized into three product-based business units: The Consumer Products Group, Inha Works and The Real Estate Group.
Consumer Products Group is the largest business unit and is responsible for all Fiskars consumer products manufactured and sold worldwide. Fiskars products are manufactured in 11 countries and marketed in 120 countries. Inha Works manufactures aluminum boats, construction components and rail fasteners, mainly for the Nordic markets. Real Estate Group manages the company`s properties and related services. Over the years, many Fiskars products have won awards at international exhibitions. Fiskars` consolidated net sales in 1998 amounted to $626 million, 94% of which were generated outside Finland. Meanwhile, a product was also introduced for which Fiskars would gain its greatest popularity, at least in the United States. Experimenting with stainless steel bands and injection-molded plastics, Fiskars engineer Olaf Backstrom is said to have designed the world`s first lightweight “classic scissors” with orange plastic handles. The design was as artistic as it was functional. The scissors were later included in the Design Collection of the Museum of Modern Art in New York and the Philadelphia Museum of Art.
A few years after its introduction to the Finnish market, the scissors were discovered by representatives of Normark, an American company that held the rights to distribute Rapala baits, also produced in Finland. Normark secured the distribution rights to market the scissors in the United States, where they would quickly find a grateful audience. The productivity of the forges has been increased by the development of improved methods of steel processing and by the renewal of the Åminnefors rolling mill. The product range was expanded and Fiskars founded Finland`s first metal spring factory. The company also bought Inha Works from Ähtäri and Billnäs Bruks Ab and Oy Ferraria Ab. Johan Julin sought knowledge not only for himself, but also for others. He built a school so that all children, including those who worked, could be educated. He helped found Finland`s first savings bank and established a model farm in the village of Fiskars, where crop rotation was practiced. With the intention of switching from iron ore refining to iron refining, he traveled extensively throughout Sweden and Britain to gather information on fine iron forging, among other things. A forge was completed in 1836 on the upper rapids of the Fiskars River. Although the forges used most of the blacksmith`s products, the forge also produced household utensils.
In addition, the Fiskars forge became famous for what was considered an extraordinary achievement at the time: 90 cast iron columns and a large water wheel were built in 1837 for the Finlayson cotton mill in Tampere. The diameter of the water wheel was over six feet and had no equal in all of Europe. The acquisition of Royal Copenhagen A/S in 2013 added hand-painted porcelain to Fiskars` tableware offering. Founded in 1775 by the Danish royal family, the company cost 66 million euros. Royal Copenhagen was a leading brand of hand-painted porcelain in countries like Japan.  In the early 17th century, during the reign of King Gustaf II Adolf, Sweden-Finland became a great power and an important iron producer. However, Sweden`s participation in the Thirty Years` War, fought between the Germans, Swedes, French and Spanish over political and religious issues and ending in 1648, plunged deep into the Swedish kingdom`s resources.