Caruna in brief

Caruna Group includes two network companies: Caruna Oy, which operates mainly in rural areas, and Caruna Espoo Oy, which operates in urban areas.

Investors

Investors

Newsroom

Newsroom

Caruna in brief

We take care of electricity distribution and maintain, overhaul and build a weatherproof electricity network for approximately our 726,000 customers in South, Southwest and West Finland, the city of Joensuu, and the regions of Koillismaa and Satakunta.

We monitor the operation of the network around the clock to ensure we can provide our customers with safe and functional electricity distribution, hassle-free customer service, and reasonable prices.

A weatherproof, smart electricity network also creates the basis for an energy system of the futurein which digital services increase, transport is electrified, and consumers become energy producers. 

Caruna area
 Caruna Oy Caruna Espoo Oy 
Length of electricity network (kilometres)80,3868,225
Cabling rate on the low-voltage network (%)5780
Cabling rate on the medium voltage network (%)7392
Network length (metres/customer)16535 
Cabling rate (%)6182

 

Key figures 2022

Key figures 2022

Figure value

484.6

Figure description

Net sales, M€

Figure value

133.6

Figure description

Investments, M€

Figure value

99.3

Figure description

Taxonomy eligibility of investments, %

Caruna electricity network

Caruna electricity network

Figure value

88,611

Figure description

Length of electricity network (km)

Figure value

726,000

Figure description

Customers

Figure value

ca. 20 %

Figure description

Share of electricity distribution in Finland

Figure value

99.98%

Figure description

Security of supply

Our electricity network spans over 88,600 kilometres, which means you could run the cables from the very north of Finland to the south and back about 38 times.

Caruna includes two different distribution companies: Caruna Espoo Oy, operating mainly in urban conditions (Espoo, Kauniainen, Kirkkonummi and the centre of Joensuu), and Caruna Oy, mainly in rural areas (Western Finland, Central Uusimaa, Western Uusimaa, Southwest Finland, Satakunta, Southern, Central and Northern Ostrobothnia, and Koillismaa).

Karttakuva Carunan verkkoalueista

Management Team

Toimitusjohtaja Jyrki Tammivuori

Jyrki Tammivuori

CEO
Sähköverkkojohtaja Kalle Liuhala

Kalle Liuhala

Network Management and Operations
Varatoimitusjohtaja ja talousjohtaja Noora Neilimo-Kontio

Noora Neilimo-Kontio

CFO and deputy CEO
Asiakkuusjohtaja Kosti Rautiainen

Kosti Rautiainen

Customer Value and New Ventures

Board of Directors

Caruna's Board of Directors is responsible for the Group's strategic development and for monitoring and steering the Group's business operations and governance. Our owners are the Ontario Teachers' Pension Plan Board and KKR, as well as the Swedish employment pension insurance company AMF and the Finnish pension insurance company Elo.

Board members

  • Matti Ruotsala, chairman
  • James Adam, board member
  • Andrew Furze, board member
  • Jouni Grönroos, board member
  • Cornelia (Corine) van Heijningenboard member
  • Fredrik Lundeborg, board member
  • Laura Tarkka, board member
  • Charles Thomazi, board member
  • Deputy board members: Julia Giese and Filip Szopa
Two cyclists photographed from above.

Strategy and values

Our mission is to safe-guard high-quality, cost-efficient, and sustainable electricity distribution for our customers under all conditions.

Caruna's Annual Report 2022

Caruna's Year 2022

Annual Report, Governance and Financials

Carunan innovaatiotiimi

Innovations

Read more about Caruna's innovation team and what it does. Do not hesitate to contact us if you have an idea for a new solution for electrifying society!