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Sustainability in state-owned companies Sustainability is becoming more and more important for the competitiveness and shareholder value of companies. As an owner, the State expects companies to lead the way in sustainable business. The State’s ex...

19.5.2026 | Total emissions from state-owned companies continued to fall in 2025, but many companies still lack adequate measures for identifying risks and impacts related to human rights.

Frequently asked questions about state ownership steering and ownership policy Why does the State own listed companies? The listed companies in which the State has large shareholdings – Finnair (55.9 per cent), Fortum (51.26 per cent), Neste (44.2...

State ownership steering and ownership policy State ownership policy is active, open and pragmatic. The State develops its shareholdings using the tools of a responsible owner and aims for a long-term increase in ownership value. The premises for ...

Breakdown of state ownership State shareholdings are divided according to the basis for ownership into three different categories: finance interest, strategic interest and special assignment. Finance interest means that the State has exclusively, ...

Services to the Government The Prime Minister’s Office monitors the implementation of the Government Programme and plans and anticipates public policy over the long term. It is also responsible for Finland’s EU policy, for the ownership steering o...

The Prime Minister's Office The Prime Minister’s Office is one of the Government’s twelve ministries. Its main task is to support the Prime Minister in the general management of the Government and in coordinating the work of the Government and Par...

Role of the Prime Minister The Prime Minister leads the Government's work and oversees the implementation of the Government Programme. If a matter is to be decided by the European Union and it falls within the Government's area of responsibility, ...

8.4.2026 | At the end of 2025, the value of the State’s corporate holdings rose to around EUR 38 billion, while revenue from corporate holdings grew to EUR 1.94 billion. The total return on holdings in state-owned listed companies rose to 47.9 per cent.

Management and organisation of the Prime Minister’s Office The Prime Minister is the head of the Prime Minister's Office. The Minister for European Affairs and Ownership Steering is responsible for certain EU-related matters and for state ownershi...

9.10.2025 | The rolling stock company Suomen Ostoliikennekalusto Oy will be transferred from VR Group to direct state ownership and ownership steering at the Prime Minister’s Office. The transfer of ownership is a significant step in preparing for the competitive tendering of rail transport services.

17.3.2026 | On Thursday 26 March, the Economic Council led by Prime Minister Petteri Orpo will hold a conference on economic growth in an age of disruption. French professor Philippe Aghion, who won the Nobel Prize in Economics in 2025, will deliver the keynote address.

4.5.2026 | Additional capital totalling EUR 200 million will enable the gradual ramp-up of the project. Keliber is the first lithium project in Europe with integrated production from mine to refinery.

13.5.2025 | Ownership steering received a new portfolio-level overview of progress on the State’s sustainability targets in spring 2025, when companies submitted their first reports in line with the sustainability programme.  

12.2.2026 | The Sokli deposit in Savukoski is one of Europe’s most significant sources of rare earth elements. Its phosphate reserves are estimated to cover up to one fifth of the European Union’s phosphate needs.

11.2.2026 | VR-Group Plc and Suomen Ostoliikennekalusto Oy announced today that they have signed an asset purchase agreement concerning the rolling stock used in passenger rail services funded by the government. The rolling stock will be transferred to Suomen Ostoliikennekalusto's ownership from the beginning of March.

24.3.2026 | Space offers almost limitless possibilities for business and innovation. The theme article of the latest issue of the Kauppapolitiikka trade magazine explains the diverse dimensions of the space economy and looks at its growing importance for Finnish businesses.

12.5.2026 | The Ministerial Committee on Economic Policy has decided that the review of government agency structures will continue with follow-up studies on potential longer-term changes. The follow-up studies will be completed before the end of this year.

13.6.2022 | Of all state-owned companies, 90 per cent have sustainability objectives in their remuneration programmes. According to a survey conducted by the Ownership Steering Department at the Prime Minister’s Office, corporate sustainability incentives account for about one quarter of the total remuneration paid by companies. The most common sustainability incentives were related to emissions reductions and job satisfaction among the personnel.

1.4.2026 | The For Forest Group+ of forested EU countries has again grown stronger as Germany joined the group at the meeting held in Sweden on 31 March–1 April. The topics discussed by the ministers included the EU Deforestation and LULUCF Regulations, the Birds Directive, and the development of criteria and indicators for sustainable forest management.