Solidium Oy’s general meeting has elected Master of Science (Economics and Business Administration) Pekka Ala-Pietilä as a new Chairman of the Board according to his consent starting March 4, 2011.
Inquiries: Chairman of the Board Pekka Ala-Pietilä, Solidium Oy (contact Noomi Lehtosaari tel. 010 830 8904), Managing Director Kari Järvinen, Solidium Oy, tel. 010 830 8905
Solidium is a limited company wholly owned by the State of Finland. Its mission is to strengthen and stabilise Finnish ownership in nationally important companies and increase the value of its holdings in the long run. Investment activities are based on financial analysis. The core of Solidium’s investment strategy is proper, value enhancing asset management of the current holdings. Through its stakes, Solidium is a minority owner in ten listed companies: Elisa, Kemira, Metso, Outokumpu, Rautaruukki, Sampo, Sponda, Stora Enso, TeliaSonera and Tieto. The market value of Solidium’s investments is approximately EUR 9.4 billion at the date of this press release. Further information: www.solidium.fi.