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21.4.2016 | 10:46

Elenia Group's annual report for 2015 has been published. The annual report includes description of the main activities and the development in year 2015 and consolidated financial statements.

The annual report and financial statements are available on the company's website at:
More information:
Elenia Oy
Tommi Valento
+358 40 7208951

27.1.2016 | 15:38

Elenia Finance Oyj, a fully owned subsidiary of Elenia Oy, has issued €50,000,000 in principal amount of 2.641% Fixed Rate Bonds due January 2031. The bonds are issued under a multicurrency bond programme and are listed on the London Stock Exchange.

Elenia Oy is the second largest electricity distribution network operator in Finland with operations in more than 100 cities and municipalities and approximately 67 000 km of distribution network. In 2014, total electricity distribution volume was 6112GWh.

25.1.2016 | 12:25

Elenia´s planned network investments will increase to EUR 115 million this year. The investments are made in all operational areas of Elenia including Häme, Pirkanmaa, Central Finland as well as Southern and Northern Ostrobothnia.

Elenia’s long-term investment programme improves the security of supply and local employment within Elenia’s network area. Elenia constructs this year around 2,500 kilometers of weatherproof electricity network. The underground cabling is carried out by Elenia’s wide group of contractor partners in all provinces of the network area.

15.1.2016 | 10:11

The ultimate shareholders of Lakeside Network Investments S.a. r.l. have informed Elenia Finance Oyj that they have commenced a strategic review of their interests in Lakeside Network Investments S.a r.l. and its associated subsidiaries (the Elenia Group). Elenia Finance Oyj does not anticipate that this strategic review will have any material impact on the customers, employees or business operations of the Elenia Group.

2.12.2015 | 12:41

Elenia Palvelut Oy’s agreement with Vattenfall Oy on the provision of transitional customer services will expire in January 2016. Elenia Palvelut Oy initiated employee cooperation negotiations on 19 October 2015 in order to adapt its customer services operations to the changing circumstances. The negotiations were concluded on 1 December 2015.

Elenia Palvelut Oy has decided to centralize its operations to Tampere during the first half of 2016 and to close down its operations in Helsinki which will result in the reduction of 33 full time employees in Helsinki.

13.11.2015 | 11:07
Elenia Lämpö Oy will renew the organisation of its operations and composition of the management team.

13.10.2015 | 8:43

Elenia is planning to centralize its customer services operations to Tampere. At the moment, Elenia’s customer services are located both in Tampere and Helsinki.

Elenia Palvelut Oy provides customer services to Elenia group and Vattenfall. The customer services provided to Vattenfall are based on a transitional services agreement which was made for a fixed period of time in connection with the sale of Vattenfall’s Finnish electricity distribution and district heating operations to Elenia in January 2012. The transitional services agreement with Vattenfall expires in January 2016.

20.8.2015 | 10:25

Elenia Finance Oyj, a fully owned subsidiary of Elenia Oy, has issued and sold 2.684% fixed-rate guaranteed secured senior notes in the total principal amount of EUR 75,000,000 due in August 2030 through a private placement to an institutional investor in the United States.

24.6.2015 | 13:20

M.Sc. (Econ), LL.M. Tommi Valento has been appointed Chief Financial Officer of Elenia Oy and director of Elenia Finance Oyj effective as of 1 August 2015.

Previously Tommi Valento has worked for Pohjolan Voima Oy as Group Treasurer, for KPMG Oy Ab as Head of Debt Advisory and within banking industry at Kaupthing Bank and Pohjola Bank.


24.6.2015 | 13:07

M.Sc. (Eng.) Electrical Engineering, Jorma Myllymäki, Chief Operating Officer at Elenia Oy, has been appointed director of Elenia Oy effective as of 1 July 2015.