What Does Fingrid Oyj Do?

Total employees482
HeadquartersHelsinki
Founded1996

Fingrid Oyj is Finland’s national electricity transmission system operator (TSO). Its mission is to secure reliable electricity for its customers and society, and to shape the clean, market-oriented power system of the future. Fingrid transmits electricity continuously from electricity generating companies to distribution network companies and industrial companies. The company maintains and develops Finland's high-voltage transmission grid, manages grid operations, and promotes an efficient electricity market. Fingrid plays a crucial role in Finland's energy security and the transition towards a carbon-neutral energy system.

Where Is Fingrid Oyj's Headquarters?

HQ Function

The headquarters in Helsinki serves as the central hub for Fingrid's strategic planning, grid operations management (including Finland's main grid control centre), market development, customer relations, research and development, and corporate administration.

Notable Features:

Modern office facilities designed to support collaboration and innovation in energy systems. Critically, it houses Finland's main grid control centre, a high-security facility essential for national electricity supply. The building likely incorporates energy-efficient technologies.

Work Culture:

Fingrid fosters a work culture centered on expertise, responsibility, collaboration, and continuous improvement. Employees are dedicated to ensuring the security of electricity supply and advancing Finland's sustainable energy future, often working in specialized teams on complex technical, market, and regulatory challenges.

HQ Significance:

The Helsinki headquarters is of paramount national significance as it houses the control systems for Finland's entire high-voltage electricity transmission grid. Its operations are vital for the functioning of society and industry, and for facilitating the integration of renewable energy sources.

Values Reflected in HQ: The headquarters embodies Fingrid's core values of responsibility (managing critical national infrastructure), reliability (ensuring uninterrupted power flow), and transparency (open communication with stakeholders). The advanced technology and security measures reflect its commitment to operational excellence and national security.

Location:

Fingrid's primary operational focus is Finland's national electricity grid. Its international engagement centers on robust cooperation within the Nordic and European energy systems. Fingrid is an active member of ENTSO-E (European Network of Transmission System Operators for Electricity), contributing to the development of a more integrated and resilient European electricity market. This involves collaboration on cross-border transmission capacity, system security, market rules, and research. Fingrid also participates in Nordic TSO cooperation to maintain and enhance the efficiency and reliability of the interconnected Nordic power system.

Street Address:

Läkkisepäntie 21

City:

Helsinki

State/Province:

Uusimaa

Country:

Finland

Where Else Does Fingrid Oyj Operate Around the World?

Hämeenlinna, Finland

Address: Vanajantie 10 B, 13110 Hämeenlinna, Finland

Ensures business continuity for national grid control and supports grid maintenance, operations, and development projects in the Kanta-Häme region and surrounding areas.

Oulu, Finland

Address: Elektroniikkatie 3, 90590 Oulu, Finland

Supports the reliability and development of the electricity transmission infrastructure in Northern Finland, a region with significant renewable energy potential (especially wind power) and industrial electricity consumption.

Varkaus, Finland

Address: Wredenkatu 2, 78250 Varkaus, Finland

Manages and develops the transmission grid in Eastern Finland, facilitating industrial connections and the integration of local power generation.

Buying Intent Signals for Fingrid Oyj

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Fingrid Oyj? Meet the Executive Team

As of April 2025, Fingrid Oyj' leadership includes:

Jukka Ruusunen - President & CEO (until September 30, 2024)
Jussi Jyrinsalo - Senior Vice President, Grid and Asset Management (President & CEO from October 1, 2024)
Kari Suominen - Chief Financial Officer (CFO)
Asta Sihvonen-Punkka - Senior Vice President, Power System Operation
Timo Kiiveri - Senior Vice President, Asset Management
Jussi Matilainen - Senior Vice President, General Counsel
Tiina Seppälä - Senior Vice President, HR, Communications and Public Affairs

Who's Investing in Fingrid Oyj?

Fingrid Oyj has been backed by several prominent investors over the years, including:

State of Finland (represented by the Prime Minister’s Office, Ownership Steering Department)
AinoMensia Oy (wholly owned by the State Pension Fund of Finland)
Ilmarinen Mutual Pension Insurance Company
The Social Insurance Institution of Finland (Kela)
Elo Mutual Pension Insurance Company

What Leadership Changes Has Fingrid Oyj Seen Recently?

Hire2
Exits1

In the past 12 months, Fingrid announced a significant leadership transition with the upcoming retirement of its long-serving CEO and the appointment of his successor from within the company. Additionally, a new Senior Vice President for Legal affairs was appointed.

Departures

Jukka Ruusunen, Jukka Ruusunen will retire from his position as President & CEO of Fingrid Oyj.

New Appointments:

Jussi Jyrinsalo, Jussi Jyrinsalo will assume the role of President & CEO. (Announced December 2023)
Jussi Matilainen, Jussi Matilainen was appointed to the newly created position of Senior Vice President, General Counsel, and member of the executive management group.

What Technology (Tech Stack) Is Used byFingrid Oyj?

Discover the tools Fingrid Oyj uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Fingrid Oyj Email Formats and Examples

Fingrid Oyj primarily utilizes the 'firstname.lastname@fingrid.fi' email format. This is a common and professional standard in Finland, facilitating direct communication with employees across various departments.

firstname.lastname@fingrid.fi

Format

example.name@fingrid.fi

Example

90%

Success rate

What's the Latest News About Fingrid Oyj?

fingrid.fiMay 16, 2024

Fingrid Oyj news title: Fingrid’s Interim Report January–March 2024: Electricity consumption and cross-border transmission volumes grew – turnover and profit decreased as expected

Fingrid Group’s turnover for January–March was EUR 349.6 million and operating profit was EUR 116.1 million. The result for the period was EUR 89.0 million. The decrease was mainly due to the ending of congestion income from the Estonian border and lower market-based ancillary service costs....more

fingrid.fiApril 25, 2024

Fingrid Oyj news title: Fingrid to build a new substation in Vihtari, Heinävesi – supporting eastern Finland’s green transition

Fingrid has decided to invest approximately EUR 60 million in constructing a new 400/110 kV substation in Vihtari, Heinävesi. This project aims to connect renewable energy production and industrial consumption to the main grid, thereby bolstering the green transition in eastern Finland....more

fingrid.fiDecember 15, 2023

Fingrid Oyj news title: Jussi Jyrinsalo appointed President & CEO of Fingrid Oyj

Fingrid Oyj’s Board of Directors has appointed Jussi Jyrinsalo as the new President & CEO, effective October 1, 2024. Jyrinsalo, currently Senior Vice President at Fingrid, will succeed Jukka Ruusunen, who is set to retire on September 30, 2024 after a long tenure....more

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