Koskisen arranged an employee offering as part of employee rewards and engagement

News release 3 October 2022 at 10 a.m.

Koskisen Oy has carried out an employee offering for permanent employees of the Group. The objective of the employee offering is to increase employee engagement. The employee offering also gives employees the opportunity to benefit from the future success of the company as its owners.

The employees of Koskisen Oy and other Group companies had the opportunity to subscribe for Koskisen Oy’s shares. The share subscription period ended on 23 September 2022.

The company’s Board of Directors approved the subscriptions and decided on a share allocation on 29 September 2022. The company gained over a hundred new shareholders in the employee offering.

“Koskisen is an international timber products and wood processing expert known for its high-quality products tailored to customer needs. High quality is always the result of skilled employees, and it is great to see that the employee offering raised interest. It sends a strong message that our employees are committed to the company and its goals and are willing to work long-term toward our shared goals. I wish all the new shareholders welcome as owners of the company,” says Koskisen’s CEO Jukka Pahta.

The shares subscribed in the employee offering will be registered in the Trade Register in October.

Additional information:

Jukka Pahta, CEO, Koskisen
020 553 4561, jukka.pahta@koskisen.com

The sawmill and panel industry leader Koskisen is a Finnish family-owned company. In 2021, more than 900 Koskisen employees generated a turnover of EUR 311 million, processing Finnish wood into sustainable products. At Koskisen, responsibility means working to increase the well-being of the environment, society and people. Koskisen’s products are shipped to quality-conscious customers around the world. Read more about us: koskisen.fi.