Company story

Fingrid delivers.
Responsibly.

Fingrid is the company responsible for the functioning of Finland’s power system.

This means that we are closely involved in developing our society, as our operations have a direct impact on the well-being and daily lives of Finns.

We understand that we hold in our hands a great societal responsibility. This is why we take this responsibility very seriously in all of our daily operations and financial issues. We are proud to declare that our company’s credit rating is very high. We are among Finland’s top payers of corporate income tax and the dividends we pay go to the Finnish state and pension companies. We look after our clients’ best interests by ensuring that grid fees remain affordable. Our owners receive a reasonable return.

Approximately 75 per cent of the electricity consumed in Finland passes through the transmission grid.

Our main task is to transmit electricity through the transmission grid from production facilities to local distribution companies. These, in turn, distribute electricity to end users. Approximately 75 per cent of the electrical energy consumed in Finland passes through the transmission grid. We make sure that electricity distribution remains disturbance-free and that its production remains in balance in terms of consumption. To enable this, the electricity network is maintained and built continuously. We are also aware that the world is changing and that digitalisation plays an ever greater role in people’s lives. We are skilled at reaping its benefits. We achieve this by continuously creating a more efficient and safe electricity system.

One of Fingrid’s key tasks is to promote the electricity markets. We facilitate this by maintaining transmission connections between countries. The transfer and sale of electricity takes place on the open markets. Our company has direct links from Finland to Sweden, Norway, Estonia and Russia. Common European electricity markets that function efficiently also benefit each and every consumer.

Our operations have a direct impact on the well-being and daily lives of Finns.

We feel that the work we do is truly important. That is why everything we do, we do with care. This is made possible by our professional, motivated and innovative personnel. Our goal is to maintain a working environment that is as open and collaborative as possible and where it feels good to work. This inspires trust, both inside and outside the company. Our reliability is also communicated through our substantial experience of the sector – after all, we have served society and our customers for 20 years already.

Vision

We are a forerunner for electricity network operations and respected and influential in energy matters

Our vision

  • forerunner for electricity network operations
  • respected and influential in energy matters in Finland and abroad
  • manifestation of professional skill and efficiency
  • able to renew ourselves and we boldly embrace change

Mission

Fingrid is Finland’s transmission system operator. We secure reliable electricity for our customer and society and we shape the clean, market-oriented power system of the future.

Values

We all appreciate each other without any kind of discrimination. At Fingrid, every employee is important. We follow a common set of rules and our practices are fair. We provide services to our customers without discriminating and we subject external services to competitive tendering based on unambiguous and transparent principles. We treat all our stakeholders in a consistent and equitable manner.


Our corporate values – open, fair, efficient and responsible – guide our practical operations and choices every day.

Open

Our corporate culture
is open, communal and renewing,
and we adhere to good governance. We are known for our professionalism.

Fair

We develop our operations over the long term by working with customers and our other stakeholders. We treat everyone equally and respectfully.

Efficient

Our operations will achieve
the bold and ambitious targets set for them. We will produce quality productively by combining our core competencies with the world’s best operators.

Responsible

We operate responsibly and productively in open dialogue. This is how we earn the trust of our customers and stakeholders.

Way of working

We set bold and ambitious targets for our operations. Our company culture is open, collaborative, innovative, target-oriented, and in compliance with good corporate governance. We develop our operations in a balanced way and with a long-term view from the perspectives of our customers, society, finances and personnel. We seek efficiency by combining our own core expertise with that of the best partners in the world. By working responsibly, we earn the trust of our customers, society, our shareholders and the working community.

Business model

We set ambitious goals for our operations. Our corporate culture is open, collaborative, engaging, renewing and target-oriented and complies with good governance practices.

We develop our operations in a balanced way and with a long-term approach, from the perspectives of our customers, society, finances and personnel. We seek efficiency by combining our core expertise with that of the best operators in the industry. This is how we earn the trust of our customers, society, shareholders and the work community.