Two new state-owned companies in the maritime sector

Ministry of Transport and Communications
Publication date 2.6.2009 12.43
News item

At the meeting on 2 June 2009 the Cabinet Committee on Economic Policy supported the Ministry of Transport and Communications' proposals of turning the Shipping Enterprise, Finstaship, into a state-owned company and, as decided earlier, of separating the duties related to internal production at the Finnish Maritime Administration into a state-owned company.

Both companies will begin their work on 1 January 2010. The responsibility for ownership policy concerning the new companies will remain at the Ministry of Transport and Communications.

Personnel employed by the Shipping Enterprise and by the production operations at the Maritime Administration on 31 December 2009 will continue as employees of the new company under the older terms.