Search

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.

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.

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.  

23.5.2023 | This year, the Ownership Steering Department of the Prime Minister’s Office began collecting more extensive and comprehensive information on sustainability in state-owned companies. This includes monitoring sustainability objectives in the remuneration of management, the total emissions of the company portfolio and climate-related objectives, among others.

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.

7.6.2022 | The guidelines for tax reporting by state-owned companies have been updated with regard to country-by-country income tax reporting.

4.8.2026 | On 31 July 2026, the state-owned special assignment company Arctia, which operates under the ownership steering of the Ministry of Transport and Communications, signed a chartering agreement to operate a multi-purpose icebreaker in the Canadian Arctic in late 2026. 

21.10.2021 | A state-owned special assignment company named Työkanava Ltd will be established in Finland. Its task is to promote the employment of people with partial work ability who are in the most difficult labour market position. The company would support their skills so that the people could find employment in the open labour market after working at Työkanava.

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 ...

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...

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...

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.

22.6.2022 | A national hydrogen network will be established in Finland. On Wednesday 22 June, the Ministerial Committee on Economic Policy supported expanding the group-level mandate of the wholly state-owned Gasgrid Finland Oy to include hydrogen transmission infrastructure and the development of a related hydrogen market in Finland.