3.10.2022

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

Koskisen, press release on 3 October 2022 at 10:00 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
+358 50 389 4499, jukka.pahta@koskisen.com

Koskisen is a more than a century old international wood processing expert known for its agility and ability to listen to the customer. We utilise our valuable wood raw material as thoroughly as possible, down to the last particle of sawdust. At the same time, we are carrying out the best carbon narrative: We manufacture high-quality sawn timber and panel products that store carbon for decades. The Group’s turnover in 2021 was EUR 311 million. Read more: koskisen.fi.