About us

Industrial Subsidy Ltd manages investments that include state-aid. The company invests solely at the request of the Ministry of Economic Affairs and Employment.

The company can provide state aid as either a one-off measure or via a state-aid program established by a separate decision. The provision of state aid requires a notification process to the European Commission.

The Ministry of Economic Affairs and Employment oversees the ownership steering of Industrial Subsidy Ltd, and the company is fully owned by the state through Finnish Industry Investment Ltd (Tesi). A law governing a state-owned limited liability company named Industrial Subsidy Ltd defines its operations.

The Board of Directors

The Board of Directors of the Industrial Subsidy Ltd must comprise at least one-third of government officials. The CEO, board members, and employees of Finnish Industry Investment Ltd can make up no more than one-third.

The Chair of the Board is Henri Grundsten, and other members are Pekka Grönlund and Eeva Vahtera.

Contact us

Email: info@teollisuustuki.fi