Solidium

Solidium operates as a holding company entirely owned by the State of Finland, specializing in strategic minority ownership stakes in nationally important Finnish companies. Its core function involves strengthening and stabilizing Finnish ownership within its diverse portfolio. Solidium employs a market-based investment approach, making decisions based on financial prerequisites and focusing on a target company’s future national significance, while actively pursuing board representation to drive professional governance and long-term value creation.

The entity was established in 2008 following a period of politicization in state ownership policy. The insight behind its formation stemmed from a recognition of the need for a professional and agile vehicle to manage state holdings, ensuring good returns and safeguarding critical industries from potentially adverse foreign ownership. Its creation aimed to provide the Finnish State with a rapid response mechanism for share trading when national interests are at stake, moving beyond day-to-day political influence.

Solidium’s strategic ownership benefits its portfolio companies through stable, long-term Finnish backing and professional oversight. Its vision centers on its portfolio companies outperforming their peers, reflecting a commitment to value growth and responsible ownership. Solidium continually strives to be a professional and conscientious owner, implementing corporate responsibility practices that aim to increase overall added value across its investments.