Econ

Juuso Heinilä appointed CEO of Finnvera plc as of 1 June 2024

Retrieved on: 
Wednesday, April 10, 2024

The Board of Directors of Finnvera plc has appointed M.Sc.

Key Points: 
  • The Board of Directors of Finnvera plc has appointed M.Sc.
  • Juuso Heinilä CEO of the company as of 1 June 2024.
  • I wish Juuso every success in his new role as well,” says Petri Ekman, Chair of Finnvera’s Board of Directors.
  • Pauli Heikkilä will retire from Finnvera next autumn, after almost 20 years of service as CEO.

Jukka Havia appointed as Kamux's Chief Financial Officer

Retrieved on: 
Thursday, December 7, 2023

HÄMEENLINNA, Finland, Dec. 7, 2023 /PRNewswire/ -- Jukka Havia (54, M.Sc. (Econ.) has been appointed as Kamux's Chief Financial Officer and a member of the Group Management Team as of January 17, 2024. He will be based in Espoo, Finland, and report to CEO Tapio Pajuharju. As Havia starts on January 17, 2024, Marko Lehtonen, Kamux's current CFO, will step down from the Group Management Team. Lehtonen will, however, continue with Kamux until February 23, 2024, as previously announced and he will participate in onboarding Mr. Havia.

Key Points: 
  • has been appointed as Kamux's Chief Financial Officer and a member of the Group Management Team as of January 17, 2024.
  • As Havia starts on January 17, 2024, Marko Lehtonen, Kamux's current CFO, will step down from the Group Management Team.
  • Havia joins Kamux from Evac Group, where he has been working as Chief Financial Officer.
  • Jukka has extensive experience in successful financial management as well as international business and leading international cross-functional teams.

Finnvera’s General Meeting: new members in Finnvera’s Board of Directors and Supervisory Board

Retrieved on: 
Friday, March 17, 2023

), will continue as the Chairman of the Board of Directors, and Hannu Jaatinen, M.Sc .

Key Points: 
  • ), will continue as the Chairman of the Board of Directors, and Hannu Jaatinen, M.Sc .
  • Antti Neimala, Director General from the Ministry of Economic Affairs and Employment, and Terhi Järvikare, Director General from the Ministry of Finance, will not continue in the Board of Directors.
  • Sofia Vikman, Member of Parliament, continued as Chairman of the Supervisory Board and Johannes Koskinen, Member of Parliament, continues as Vice Chairman.
  • The Annual General Meeting adopted the consolidated financial statements and the parent company’s financial statements for the period 1 January–31 December 2022, discharged the company’s Supervisory Board, Board of Directors and CEO from liability and approved the proposal made by the Board of Directors for the use of the parent company’s result.

Kamux Corporation's Interim Report for January 1--September 30, 2022: Kamux's revenue grew in a challenging market environment, adjusted operating profit decreased significantly

Retrieved on: 
Friday, November 18, 2022

"Despite the continued challenging market situation, we succeeded in growing our market share in all our operating countries also during the third quarter.

Key Points: 
  • "Despite the continued challenging market situation, we succeeded in growing our market share in all our operating countries also during the third quarter.
  • Revenue developed positively in all countries as a result of higher average prices, and sales of integrated services continued to develop well.
  • The decrease in operating profit was due to the decline in the number of cars sold and the weakening of margin per car.
  • However, the number of hybrid and electric cars sold by the company increased by 29% compared to the third quarter of 2021.

Inside information: Kamux CEO Juha Kalliokoski to step down during the first half of 2023 - Tapio Pajuharju appointed as new CEO

Retrieved on: 
Thursday, November 17, 2022

HAMEENLINNA, Finland, Nov. 17, 2022 /PRNewswire/ -- The founder and CEO of Kamux Corporation, Mr. Juha Kalliokoski, has decided to step down from his current position as CEO, and the Board of Directors of the Company has appointed Mr. Tapio Pajuharju, M.Sc. (Econ.), b. 1963, as the new CEO. The change of CEO will take place during the first half of 2023, at a time to be specified later, so that Tapio Pajuharju will assume his role as CEO latest on June 1, 2023, and Juha Kalliokoski will step down from the Company's operative management at the latest on July 1, 2023.

Key Points: 
  • Juha Kalliokoski founded Kamux in 2003 and has led the Company ever since.
  • Kamux was listed on Nasdaq Helsinki Ltd.'s main list in 2017 and in 2021 the Group's revenue was EUR 937.4 million.
  • CEO Juha Kalliokoski: "When I founded Kamux 20 years ago, my goal was to make a living for my family.
  • Tapio Pajuharju: "Kamux has had a long and successful journey under the leadership of Juha and a competent team.

MiddleGround Capital to Serve as Lead Sponsor for The 2023 Econ Games Conference

Retrieved on: 
Thursday, October 13, 2022

MiddleGround Capital , an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced that it will serve as the lead sponsor for The 2023 Econ Games Conference, in association with the University of Kentuckys Gatton College of Business and Economics.

Key Points: 
  • MiddleGround Capital , an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced that it will serve as the lead sponsor for The 2023 Econ Games Conference, in association with the University of Kentuckys Gatton College of Business and Economics.
  • As a presenting sponsor, MiddleGround Capital will provide the business prompt to be solved, collect data and judge students final presentations.
  • We are excited to sponsor the 2023 edition of the Econ Games as we continue to support universities, faculty, and students in creating the next generation of business leaders.
  • I know firsthand how important this event can be for students and we are thrilled to have MiddleGround Capital lead the competition this year.

Changes in Caverion's Group Management Board: Mikko Kettunen appointed as CFO

Retrieved on: 
Monday, May 9, 2022

), has been appointed as CFO of Caverion Group and a member of the Group Management Board of Caverion Corporation as of 8 November 2022 at the latest.He will report to Jacob Gtzsche, President and CEO.

Key Points: 
  • ), has been appointed as CFO of Caverion Group and a member of the Group Management Board of Caverion Corporation as of 8 November 2022 at the latest.He will report to Jacob Gtzsche, President and CEO.
  • Mikko Kettunen's latest position has been the CFO of the Finnish stock-listed composite solutions manufacturer Exel Composites Plc, where he has also acted earlier in a combined role as CFO and Business Unit Manager for Finland.
  • Prior to that, he has held roles as Group CFO at the privately owned Swiss cable and pipe machinery company Maillefer and as CFO at the Finnish entity of the stock-listed US engineering & construction company Foster Wheeler.
  • "Mikko Kettunen is an experienced CFO in listed companies with a solid international background in our operating area.

Ontario Teachers' establishes Global Investment Strategy Department

Retrieved on: 
Wednesday, November 24, 2021

TORONTO, Nov. 24, 2021 /PRNewswire/ -Ontario Teachers' Pension Plan Board (Ontario Teachers') today announced the creation of the Global Investment Strategy Department, which will be led byJonathan Hausman, who has been promoted to Senior Managing Director, Global Investment Strategy, effective immediately.

Key Points: 
  • TORONTO, Nov. 24, 2021 /PRNewswire/ -Ontario Teachers' Pension Plan Board (Ontario Teachers') today announced the creation of the Global Investment Strategy Department, which will be led byJonathan Hausman, who has been promoted to Senior Managing Director, Global Investment Strategy, effective immediately.
  • Global Investment Strategy will enhance Ontario Teachers' global competitive advantage by developing and building conviction on strategic responses to emerging global themes that traverse asset classes and regions, working closely with the investment team to support innovation, and continuing to develop and leverage differentiated strategic relationships.
  • The Global Investment Strategy team will deepen our capacity to identify and tackle multifaceted themes as we grow our investments around the world," said Ziad Hindo, Chief Investment Officer, Ontario Teachers'.
  • Ontario Teachers' Pension Plan Board (Ontario Teachers') is the administrator of Canada's largest single-profession pension plan, with C$227.7 billion in net assets (all figures at June 30, 2021 unless noted).

Highlights - Presentation of ECA Special Report on EU efforts to fight money laundering - Committee on Budgetary Control

Retrieved on: 
Wednesday, July 7, 2021

On 13 July 2021, ECA Member Mihails Kozlovs will present ECA Special Report 13/2021: "EU efforts to fight money laundering in the banking sector are fragmented and implementation is insufficient", with invited Members from the Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE).

Key Points: 

On 13 July 2021, ECA Member Mihails Kozlovs will present ECA Special Report 13/2021: "EU efforts to fight money laundering in the banking sector are fragmented and implementation is insufficient", with invited Members from the Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE).

Revolution Entertainment Services Announces New Production Budgeting Platform, TrueBudget

Retrieved on: 
Wednesday, June 23, 2021

Revolution Entertainment Services (Revolution) today announced TrueBudget, a new production budgeting platform.

Key Points: 
  • Revolution Entertainment Services (Revolution) today announced TrueBudget, a new production budgeting platform.
  • TrueBudget is an easy to use budgeting and actualizing platform specifically designed for short form productions; commercials, promos, music videos and offers a new way for producers to increase productivity for entire teams.
  • TrueBudget will be a game changer for the commercial industry, says Charlie Steiner, Chief Executive Officer at Revolution.
  • Revolution Entertainment Services is an entertainment production management and payroll services provider offering the ProTools software suite that includes an end-to-end Digital Start and HTG payroll platform, Production Accounting, Production Calendaring, Budgeting, and Data Analytics.