KPY (KPY Cooperative) is a long-term investor and owner based in Kuopio, Finland.
The Group's operations
KPY's subsidiary Enfo Oyj provides IT services and financial process services. Voimatel Oy specialises in power distribution and data network services. Vetrea Terveys Oy is a provider of health and wellbeing services. The Group rents office space through its subsidiary, Kiinteistö Oy Siilinjärven Lentokapteeni, and invests in securities through KPY Sijoitus Oy. KPY Sijoitus Oy owns 40 % of Technopolis Kuopio Oy.
KPY aims at providing steady income for its owners.
During the last decade KPY has turned from a regional telecommunications operator to a leading investor in eastern Finland.
KPY strategic goals 2019 – 2023
Our mission is to increase the interest of share on a long-term basis
We seek profitable growth principally in the current sectors and from existing subsidiaries and synergic industries
We actively develop our holdings and continuously assess their value creation options
We assess new investment targets and consider expanding to new business sectors alone or with partners
We create value by developing the business of our holdings, interest of share and through increased share valuation
Facts and figures
In 2018, the net sales of the Osuuskunta KPY Group were EUR 289.0 million. The number of employees at the end of 2018 was 2 600.
Ownership of KPY
The owners of KPY are its 20,000 members with more than 5.5 million shares in total. The largest shareholder is Ilmarinen Mutual Pension Insurance Company with 13.7 per cent of KPY Cooperative's shares.
Chief executive officer:
Lauri Kerman, e-mail: lauri.kerman[at]kpy.fi, tel.: + 358 50 357 5384
Osuuskunta KPY, PL 1883, FI-70101 Kuopio, Finland