Owner

Itella Corporation is wholly owned by the Finnish State. Itella’s ownership policy is managed by the Ownership Steering Department of the Prime Minister’s Office, responsible for the preparation and implementation of the ownership strategy and the development of corporate governance policy.

Itella has been classified as a state company operating on the free market, and the aim of the state as its owner is to achieve the best possible economic result at any given time. The attainment of this objective is assessed on the basis of profitability and long-term growth in shareholder value.

Share Capital and Shareholding

Itella Corporation is wholly owned by the Finnish State, the share capital consisting of 40,000,000 shares of equal per-share value. The company holds no treasury shares, nor does it have any subordinated loans.

 

 


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