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Voimaosakeyhtiö SF
Voimaosakeyhtiö SF is a Finnish company and a main shareholder of nuclear power company Fennovoima. Established in year 2006, the company holds 66 per cent of Fennovoima's shares. It is owned by companies which operate in energy production and industry, most of which are state-owned enterprise A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (econom ...s. The company is organized on the so-called "Mankala principle", commonly used in the energy industry in Finland, where the company's shareholders are bound to buy its product at cost and to answer for its finances without limit to their liability. Organization Management Voimaosakeyhtiö SF's CEO is Matti Suurnäkki and chairman of the board is Timo Honkanen. Vice chairman is Henri Hätönen and members of the board are Marko Haapala , Ri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fennovoima
Fennovoima Ltd ( fi, Fennovoima Oy) is a nuclear power company established by Russian state's nuclear company Rosatom and a consortium of Finnish state-owned power and industrial companies. The company does not own any nuclear capacities; however, it is preparing to build the 1200 MW Hanhikivi 1 nuclear power plant at Pyhäjoki. Fennovoima Board The Chairman of Fennovoima's Board is Juhani Pitkäkoski, Senior Vice President of M&A of Caverion Corporation while the Vice Chairman is Anastasia Zoteeva, Deputy Director General for Business Development of Rusatom Energy International. Other board members are Esa Lager, former CFO of Outokumpu Plc; Juha Mäkitalo, Attorney-at-Law; Stefan Storholm, CEO of Katternö Group; Seppo Siljama, and CEO of Rusatom Energy International Nikita Konstantinov. Deputy Members of the Board are Ilkka Salonen, CEO of Garmoshka Ltd, Djurica Tankosic, President of Global Nuclear of Worley Parsons; Jussi Lehto, CEO of Keravan and Pekka Erkkil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortum
Fortum Oyj is a Finnish state-owned energy company located in Espoo, Finland. In addition to Finland, it focuses on Germany and other countries in Central Europe, Great Britain, Russia and the Nordic region. Fortum operates power plants, including co-generation plants, and generates and sells electricity and heat. The company also sells waste services such as recycling, reutilisation, final disposal solutions and soil remediation and environmental constructions services, and other energy-related services and products e.g. consultancy services for power plants and electric vehicle charging. Fortum is listed on the NASDAQ OMX Helsinki stock exchange. In 2020 Fortum was the biggest company in Finland by its revenue. The majority of its income came from Uniper that became Fortum's subsidiary in March 2020. Uniper was nationalised by Germany on the for 8 billion euros. Fortum is Europe's third-largest producer of carbon-free electricity, Europe's second-largest producer of nucle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outokumpu
Outokumpu Oyj is a group of international companies headquartered in Helsinki, Finland, employing 10,600 employees in more than 30 countries. Outokumpu is the largest producer of stainless steel in Europe and the second largest producer in the Americas. Outokumpu also has a long history as a mining company, and still mines chromium ore in Keminmaa for use as ferrochrome in stainless steel. The largest shareholder of Outokumpu is the Government of Finland, with 26.6% ownership, including the shares controlled by Solidium, The Social Insurance Institution of Finland, Finnish State Pension Fund and Municipality Pension Agency. Company history In 1908, a large deposit of copper ore was discovered in Outokumpu, in Northern Karelia. Outokumpu was established to develop the now-exhausted mine. In the 1940s, Outokumpu developed the flash smelting process for smelting copper. From 1986 to 1988 Outokumpu participated in a stainless steel cartel; it was caught in 1990, but not fined. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rautaruukki
Rautaruukki Oyj using the marketing name Ruukki is a Finnish company, headquartered in Helsinki, which manufactures and supplies metal-based components and systems to the construction and engineering industries. In 2014 Swedish SSAB bought Ruukki. The company was founded in 1960 by the Finnish Government to provide the steel supply needed by the nation's heavy industries. Since part-privatization in 1994, the state has gradually decreased its holding in Rautaruukki.The firm consists of three business areas: construction, engineering and metals. Rautaruukki produces a range of products for clients in various industries, including cabins and chassis for heavy vehicles, hot rolled steel plates and coils, roofing sheets and building and bridge structures. History 1960s Rautaruukki was founded by the Finnish government in 1960. Also Outokumpu, Valmet, Wärtsilä, Rauma-Repola and Fiskars were involved in the company's birth. The main purpose for the new company was to guarantee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SSAB
SSAB AB, earlier ''Svenskt Stål AB'' (English: Swedish Steel), () is a Swedish company, formed in 1978, that specialises in processing raw material to produce steel. The largest shareholders are Aktiebolag Industrivärden and the Government of Finland. History The headquarters are in central Stockholm. SSAB initially saw losses during the years 1978 to 1981, and became profitable in 1982. It is involved in the production of steel and steel products, both standardized and specialized for various fields and uses. In addition to steel production, the company also partners with design firms during their execution of architectural projects. Its R&D department works with customers in order to provide custom solutions for new projects. In 2014 SSAB became a member of the four year pilot program organization “Steel Eco-System” sponsored by the Swedish government. In November 2017 the company has a market cap of $35.55 billion, and is traded on the Stockholm NASDAQ exchange. The comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
