Finnish Minerals Group is wholly owned by the State of Finland. It operates in accordance with the Finnish  Companies Act, the Articles of Association and other legislation in force. The company complies with the government resolution concerning the State's ownership policy. 

The highest decision-making power at Finnish Minerals Group is exercised by the Annual General Meeting and the Board of Directors. The Finnish Ministry of Economic Affairs and Employment is responsible for the ownership steering of Finnish Minerals Group. Finnish Minerals Group is domiciled in Helsinki, Finland. 

Finnish Minerals Group’s Articles of Association 

Board of directors 


Finnish Minerals Group’s Board of Directors shall, in accordance with the Companies Act, see to the administration of the company and the appropriate organisation of its operations. It is responsible for the company's strategic development, directing and supervising its business operations, as well as deciding on key operating principles. The Board of Directors appoints the company's CEO who reports on the company's operations to the Board regularly. 

The Board of Directors shall also be responsible for the appropriate arrangement of the control of the company accounts and finances. It is responsible for promoting the interests of the company and its shareholders. The Board has approved its rules of procedure.

Känkänen Janne

Tel. +358 50 396 4990
Born 1967
Master of Social Sciences
Head of EU and International Affairs,
Ministry of Economic Affairs and Employment of Finland

Majanen Juha

Born 1969
Master of Laws
Budget Counsellor, Deputy Head of Budget, Ministry of Finance 2014-
Head of the Fiscal Policy Unit, Ministry of Finance 2012-

Pajumaa Minna

Born 1963
Master of Science (Economics), CEFA
Leading Adviser, Prime Minister's Office 2009-

Kummu Antti

Born 1976
Master of Science (Economics), CFA
Partner, Capman Growth Equity

Ruokonen Eeva

Born 1960
M.Sc. (Tech.), Lic.Sc. (Tech.), MBE (diploma)
CEO, Oy Terrekta Ab


The CEO of Finnish Minerals Group manages the company's day-to-day activities in accordance with the instructions and orders given by the Board and the statutes in force. The day-to-day management of the company includes the company's business management and monitoring, conclusion of agreements and implementation of the decisions made by the Board.

Hietanen Matti

Tel. +358 40 823 8806
CEO, Master of Laws, trained on the bench, Master of Science (Economics)
Born 1977