State-owned companies and unincorporated State enterprises

Companies

Hansel Ltd

Hansel Ltd is a central purchasing body for central and local government. Its mission is to improve productivity in public administration and lead the way in efficient and responsible public purchasing. Hansel also carries out development work in public procurement and provides digital procurement services. All central government organisations, municipalities, wellbeing services counties and other public sector operators defined by law can make use of framework agreements without the need for separate competitive tendering. Hansel Ltd is owned jointly by the State (65%) and the Association of Finnish Local and Regional Authorities (35%).

HAUS Finnish Institute of Public Management Ltd

HAUS Finnish Institute of Public Management Ltd provides training and development services for public management needs and for skills renewal. As a service provider for central government, HAUS’s customers consist of government agencies and public bodies, unincorporated state enterprises, and off-budget entities. Other customers include Parliament and the bodies operating subordinate to it, under its supervision or in connection with it. HAUS’s customers also include European Union administration and the Member States of the community as well as international organisations. HAUS is fully state-owned.

Fingrid Oyj

Fingrid Oyj is Finland’s transmission system operator responsible for the transmission of electricity through the national power grid. Fingrid’s business consists of the operation of the country’s main power grid as provided in the Electricity Market Act and the related system responsibility. The strategic interest is in securing, under all circumstances, the effective and disruption-free operation of power transmission and of the electricity supply system. Fingrid’s main interests are to secure a reliable supply of electricity and effective markets for society as well as to provide affordable services responsive to the needs of customers. The State holds 53.1% of Fingrid’s shares and 70.9% of the voting rights.

Gasgrid Finland Oy

Gasgrid Finland Oy is a state-owned natural gas transmission network company. The company’s business consists of ownership of the gas transmission network, operation of the transmission network as provided in the Natural Gas Market Act, and the related system responsibility. The strategic interest is in securing, under all circumstances, the effective and disruption-free operation of gas transmission and of the gas supply system as well as developing the transmission of hydrogen and its gaseous derivatives and hydrogen transmission infrastructure as well as safeguarding their smooth and disruption-free operation. Gasgrid Finland Oy is fully state-owned. 

DigiFinland Oy          

As a public sector entity, DigiFinland Oy develops, maintains and provides national digital services that improve the productivity and effectiveness of healthcare and social welfare services, rescue services and other sectors. The company also supports ICT integration and interoperability, knowledge-based management and customer-oriented and cost-effective services in the public sector, along with digitalisation. From the beginning of 2023, DigiFinland Oy will be owned jointly by the State (~33.4%), the wellbeing services counties, the City of Helsinki and the joint county authority for the Hospital District of Helsinki and Uusimaa. 

Maakuntien tilakeskus Oy

Maakuntien tilakeskus Oy’s special assignment is to maintain the premises data system shared by the wellbeing services counties, to provide services related to the system and to serve as a centre of expertise in premises and real estate administration for the counties. Maakuntien tilakeskus Oy is a limited liability company that is jointly owned by the wellbeing services counties. The State is also a shareholder, with one share of a different share class that grants special rights defined in the company’s articles of association.

University Properties of Finland Ltd

University Properties of Finland Ltd is a special assignment company owned by the State, Tampere University Foundation, University of Turku, University of Oulu, University of Eastern Finland, University of Jyväskylä, Åbo Akademi University, LUT University and University of Lapland. The State owns 33.85% of the company. The company’s special assignment is to manage, develop and rent university properties with the goal of providing universities suitable and reasonably priced facilities and maintaining the long-term value of the properties. The company's assignment is linked to the government’s statutory responsibility for the core funding of universities.

Unincorporated State enterprises

Senate Group

Senate Group comprises Senate Properties and its subsidiary enterprise Defence Properties Finland. It also includes Counties’ Service Centre for Facilities and Real Estate Management and Senate Station Properties Ltd. 

Senate Properties and Defence Properties Finland are unincorporated state enterprises that work with their customers to develop premises and work environments, and are also responsible for taking good care of the State’s property assets. The combined balanced sheet value of the properties is approximately EUR 4.6 billion. Senate Properties’ annual investments focus particularly on modernisation and refurbishment designed to improve value retention and usability of the building stock, and improvements to the efficiency of premises. Investment by Defence Properties Finland focuses on projects that maintain defence capability. The most important governance decisions concerning the unincorporated state enterprises are taken by Parliament in connection with the annual Budget. Senate Group operates within the Ministry of Finance’s branch of government and is subject to general oversight by the Ministry. The Ministry of Defence oversees Defence Properties Finland’s provision of services to the Finnish Defence Forces and to partners designated by the Defence Forces.