Solidium

Solidium Oy is a Finnish state-owned investment company. Founded in 1991, Solidium's original purpose was to manage the property of SKOP Bank (Säästöpankkien Keskus-Osake-Pankki; fi), which went bankrupt in the early 1990s recession.[1]

In 2008, Solidium's mandate became the management of the listed minority shareholdings of the Finnish state.[2]

Previously, the government directly owned the stock, and transferring it to a single company was the work of Minister of Trade and Industry Jyri Häkämies. On August 1, 2022, the net asset value of Solidium was EUR 8,968 billion.[3]

Aside from Solidium, the government still directly owns shares in three listed companies as a majority shareholder.

  1. ^ "Talouskriisi vauhditti Solidiumin syntyä | OmistajaOnline.fi". Archived from the original on 2010-09-06. Retrieved 2012-03-09.
  2. ^ 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.
  3. ^ "Solidium Oy's half-year report for July-December 2021" (PDF). Solidium.fi. Retrieved 2022-08-11.