Ownership steering by the State

The State owns several Finnish companies. Ownership steering refers to the responsible and professional management of the State’s shareholdings. The goal of ownership steering is to achieve a long-term increase in ownership value.

Ownership steering is based on the Limited Liability Companies Act and the principles of good governance. The Ownership Steering Department of the Prime Minister’s Office is responsible for developing and coordinating ownership steering activities across the Government.

Finnish Government to transfer SSAB shares from Solidium to direct ownership under the Prime Minister’s Office

14.9.2021 11.54
The wholly state-owned special assignment company Solidium Oy owns 6.3% of the shares and 8.0% of the voting rights of the steel company SSAB AB. At its meeting on 14 September 2021, the Ministerial Committee on Economic Policy supported the transfer of the SSAB shares from Solidium Oy to direct state ownership, as well as the definition of the State’s strategic interest related to SSAB ownership. Ownership will be transferred as return on capital to direct state ownership and ownership steering under the Prime Minister’s Office.

Prime Minister’s Office receives authorisation to grant a capital loan to Finavia Oyj

2.9.2021 13.53
The Government plenary session today authorised the Prime Minister’s Office to finance the airport company Finavia Oyj with a capital loan of approximately EUR 33 million. The loan is part of the Government’s measures to safeguard the financial position of the state-owned company and will be drawn down at a date to be agreed on later.