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Solidium
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<h2 id="holdings">Holdings</h2> <p>Solidium took over the state-owned shares in 2008 of <a href="/facts/Kemira/Xwpga0dX">Kemira</a>, <a href="/facts/Metso/oMQa7LQq">Metso</a>, <a href="/facts/Outokumpu/3Tu6f9SE">Outokumpu</a>, <a href="/facts/Rautaruukki/dxeAGj0L">Rautaruukki</a>, <a href="/facts/Sampo_Group/n0VvW7k1">Sampo</a>, Sponda, <a href="/facts/Stora_Enso/Uwhq3gY2">Stora Enso</a>, and <a href="/facts/Telia_Company/WzGhuJy7">Telia</a>, and in 2009 <a href="/facts/Elisa_(company)/xf4deCke">Elisa</a>. </p><p>Solidium acquired over 5% of <a href="/facts/Outotec/M4zYWVcd">Outotec</a> Mining Technology Company's shares in March 2012, while <a href="/facts/Goldman_Sachs/cKeyh6CP">Goldman Sachs</a> reduced its ownership to less than 5%. 5% is the limit of the obligatory stock information note in Finland.<a class="footnote-ref" id="fnref:4" href="#fn:4"><sup>4</sup></a> </p><p>Solidium has also bought <a href="/facts/Talvivaara/mHIckVS1">Talvivaara</a> mining stocks<a class="footnote-ref" id="fnref:5" href="#fn:5"><sup>5</sup></a> and sold all shares of Sponda. </p> <table><tbody><tr><th>Company<a class="footnote-ref" id="fnref:6" href="#fn:6"><sup>6</sup></a></th><th>% of company owned</th></tr><tr><td><a href="/facts/Anora_Group/oXhFffFJ">Anora Group</a></td><td>19.4</td></tr><tr><td><a href="/facts/Elisa_(company)/xf4deCke">Elisa</a> Oyj</td><td>10.0</td></tr><tr><td><a href="/facts/Kemira/Xwpga0dX">Kemira</a> Oyj</td><td>10.2</td></tr><tr><td><a href="/facts/Konecranes/FhXC1ebT">Konecranes</a></td><td>10.1</td></tr><tr><td><a href="/facts/Metso/oMQa7LQq">Metso</a> Oyj</td><td>14.9</td></tr><tr><td><a href="/facts/Nokia/bCleFoF4">Nokia</a> Oyj</td><td>5.3</td></tr><tr><td><a href="/facts/Nokian_Tyres/y2dCaaE3">Nokian Tyres</a></td><td>9.4</td></tr><tr><td><a href="/facts/Outokumpu/3Tu6f9SE">Outokumpu</a> Oyj</td><td>15.5</td></tr><tr><td><a href="/facts/Sampo_Group/n0VvW7k1">Sampo</a> Oyj</td><td>6.2</td></tr><tr><td><a href="/facts/Stora_Enso/Uwhq3gY2">Stora Enso</a> Oyj</td><td>10.7</td></tr><tr><td><a href="/facts/Tietoevry/MPj4RE5u">Tietoevry Corporation</a></td><td>10.9</td></tr><tr><td><a href="/facts/Valmet/GF4FW5Nj">Valmet Corporation</a></td><td>10.1</td></tr></tbody></table> <p>The Finnish state also directly owns shares of certain publicly listed companies, deemed to be strategically important, that are not in Solidium's portfolio. These include <a href="/facts/Finnair/HBuawb3A">Finnair</a> (55.8%), <a href="/facts/Fortum/dc8MEz21">Fortum</a> (50.8%), and <a href="/facts/Neste_Oil/1EGlFWMD">Neste Oil</a> (50.1%).<a class="footnote-ref" id="fnref:7" href="#fn:7"><sup>7</sup></a> </p> <h2 id="corporate-governance">Corporate governance</h2> <p>Solidium Oy managing director is Kari Järvinen. The members of Solidium's Board of Directors are chairman (interim) Heikki Bergholm, Markku Hyvärinen (<a href="/facts/Varma_Mutual_Pension_Insurance_Company/Cx1S9xKb">Varma</a>, Tradeka), <a href="/facts/Marketta_Kokkonen/mKu5J0SS">Marketta Kokkonen</a> (<a href="/facts/Espoo/0SbDwKHH">Espoo municipality</a>), Anni Vepsäläinen (Finnish Fair Corporation), and Eero Heliövaara (Ownership steering department of the <a href="/facts/Prime_Minister%27s_Office_(Finland)/WSFyzRlT">Prime Minister's Office</a>).<a class="footnote-ref" id="fnref:8" href="#fn:8"><sup>8</sup></a> </p> <h2 id="external-links">External links</h2> <ul><li><a href="http://www.solidium.fi">Solidium</a></li></ul> <h2 id="references">References</h2> <ol> <li id="fn:1"><p>"Talouskriisi vauhditti Solidiumin syntyä | OmistajaOnline.fi". Archived from the original on 2010-09-06. Retrieved 2012-03-09. <a href="https://web.archive.org/web/20100906234951/http://www.omistajaonline.fi/lehdet/12009/talouskriisi-vauhditti-solidiumin.aspx" target="_blank">https://web.archive.org/web/20100906234951/http://www.omistajaonline.fi/lehdet/12009/talouskriisi-vauhditti-solidiumin.aspx</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></p></li> <li id="fn:2"><p>Liu, Zongyuan Zoe (2023). Sovereign Funds: How the Communist Party of China Finances its Global Ambitions. The Belknap Press of Harvard University Press. p. 26. ISBN 9780674271913. <a href="9780674271913" target="_blank">9780674271913</a> <a href="#fnref:2" class="footnote-back-ref">↩</a></p></li> <li id="fn:3"><p>"Solidium Oy's half-year report for July-December 2021" (PDF). Solidium.fi. Retrieved 2022-08-11. <a href="https://www.solidium.fi/wp-content/uploads/2022/06/half-year-report-for-July-December-2021-1.pdf" target="_blank">https://www.solidium.fi/wp-content/uploads/2022/06/half-year-report-for-July-December-2021-1.pdf</a> <a href="#fnref:3" class="footnote-back-ref">↩</a></p></li> <li id="fn:4"><p>[1] <a href="https://archive.today/20120720192047/http://www.arvopaperi.fi/uutisarkisto/outotec+ei+kommentoi+omistusmuutosta/a787304" target="_blank">https://archive.today/20120720192047/http://www.arvopaperi.fi/uutisarkisto/outotec+ei+kommentoi+omistusmuutosta/a787304</a> <a href="#fnref:4" class="footnote-back-ref">↩</a></p></li> <li id="fn:5"><p>[2] <a href="https://archive.today/20120730043345/http://www.arvopaperi.fi/uutisarkisto/goldman+sachsin+outotecosakkeet+paatyivat+solidiumille/a787396?s=l&wtm=_-07032012&" target="_blank">https://archive.today/20120730043345/http://www.arvopaperi.fi/uutisarkisto/goldman+sachsin+outotecosakkeet+paatyivat+solidiumille/a787396?s=l&wtm=_-07032012&</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></p></li> <li id="fn:6"><p>"Holdings". Solidium.fi. Retrieved 11 August 2022. <a href="https://www.solidium.fi/en/holdings/" target="_blank">https://www.solidium.fi/en/holdings/</a> <a href="#fnref:6" class="footnote-back-ref">↩</a></p></li> <li id="fn:7"><p>[3] <a href="https://archive.today/20130213080456/http://yle.fi/uutiset/talous_ja_politiikka/2012/03/finnairin_kohubonukset_poikkeus_valtion_porssiyhtioissa_3329641.html" target="_blank">https://archive.today/20130213080456/http://yle.fi/uutiset/talous_ja_politiikka/2012/03/finnairin_kohubonukset_poikkeus_valtion_porssiyhtioissa_3329641.html</a> <a href="#fnref:7" class="footnote-back-ref">↩</a></p></li> <li id="fn:8"><p>"Solidium | Board of Directors". Solidium.fi. <a href="http://www.solidium.fi/en/corporate-governance/board-of-directors/" target="_blank">http://www.solidium.fi/en/corporate-governance/board-of-directors/</a> <a href="#fnref:8" class="footnote-back-ref">↩</a></p></li> </ol>