Destia sale raised in Finland:

According to Finnish broadcasting company Yleisradio's News, the Cabinet Committee on Economic Policy has discussed the sale of infrastructure company Destia. Parliament granted authorisation for the sale of Destia shares in 2011, but stated at that time that the state must continue to hold a significant majority in Destia.
November 22, 2012 Read time: 1 min

According to Finnish broadcasting company 6917 Yleisradio's News, the Cabinet Committee on Economic Policy has discussed the sale of infrastructure company 3722 Destia.

Parliament granted authorisation for the sale of Destia shares in 2011, but stated at that time that the state must continue to hold a significant majority in Destia.

Trade unions Pardia and the Trade Union for the Public and Welfare Sectors JHL oppose the sale of Destia while the Finnish Construction Trade Union is in favour of it.

For more information on companies in this article

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May 28, 2014

Finland: state sells Destia to Ahlström Capital

The Finnish State is to sell Finnish infrastructure and construction company Destia to Ahlström Capital for €148 million.

The ownership no longer bears a strategic significance to the state.

Pekka Haavisto, Finland's Minister responsible for ownership steering, justifies the sale saying that the government decided to support new investments and to slow down the state's running into more debt in the framework budget talks.

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