Newsroom

Limit search

Caruna Group 1 January – 30 June 2023: Caruna continued to invest in Finnish energy transition despite inflation and increasing costs in operating environment

Caruna is committed to investing and developing its electricity network to improve security of supply and enhance Finnish energy transition. However, due to cost increase in network construction and interest rates, Caruna had to monitor its investments more closely, which resulted in postponing some unprofitable investment projects.
News ·

Caruna in 2022: the energy crisis raised costs and accelerated the ongoing energy transition

Caruna's operating environment deteriorated significantly in 2022 due to the extraordinary changes taken by the regulator in the middle of the regulatory period and a general increase in costs due to the energy crisis triggered by the Ukraine war. The Group's net sales from January to December amounted to EUR 484.6 (499.8) million, and it invested EUR 133.6 (140.1) million. Net sales before financial expenses decreased in comparison with the previous year. Net financial expenses amounted to 121.0, which is approximately 25 per cent of net sales.
News ·

Caruna’s Annual Report 2020 published

The Caruna Group (Caruna) Annual Report for 2020 has been published. The Annual Report also includes the Corporate Responsibility and the Corporate Governance sections, and the 2020 Financial Statements as a separate PDF file.
Press release ·

Caruna in 2020: We made further improvements to our procedures for designing, building and renovating the electricity network for our customers

The electrification of society, the increase of renewable energy production and electric transportation require a strong and smart electricity network to support Finland's carbon neutrality goals by 2035. In 2020, Caruna carried out long-term work to upgrade its electricity network, taking the increasing future need for electricity into consideration.
News ·

Construction of Carunas weatherproof electricity network progressed as planned in the first half of the year

The projects to improve the electricity network in Caruna's network areas proceeded despite the extraordinary circumstances brought on by the coronavirus epidemic. The total electricity supply volume on the distribution network between January and June decreased slightly due to a warmer winter and spring than in the previous year. The epidemic mainly affected consumption by businesses.
News ·

Hats off to the municipalities in Caruna's network area for occupational safety

Safety is a team effort at Caruna. We are not satisfied with fulfilling the letter of the law – we want to do more. That is why during the last 18 months, we have provided safety training for almost 700 employees of municipalities and their partners within the 51 municipalities of our network area. Safety
Press release ·

Caruna to hand out awards for good safety performance today

Caruna handed out safety awards to Netel Oy, N3M Oy and Jaki-Matik Oy today. This is the fifth time Caruna has given safety awards, and the criteria for these awards were reliable partnership and exemplary individual performance in relation to safety.
Press release ·