Finnish State Ownership Policy

Finland has a state (State) corporate ownership that has its significance in its economic, industrial and societal policies. The State however is in the superior role of engaging in risk. The State’s corporate activities involve the development of the infrastructure of economy, the exploitation of raw material, achievement of self-sufficiency, safeguarding financing for business activities and obtaining the objectives of the regional policy. Finland's accession to the European Union has created internal pressures towards adaptation, particularly for companies engaged in international business. Therefore based on the changing market conditions, the State determined that there was a need to revise the State's policy objectives and principles related to corporate ownership.

The following questions have been addressed in this article:

What legislation regulates the administration of State-owned companies?
Are there any provisions of legislation that affect State ownership policy?

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