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Caruna Group 1 January – 30 June 2022: Significant changes in the operating environment – the energy transition requires development of the electricity network at a rapid rate

Caruna's operating environment deteriorated significantly in the first half of 2022 due to the exceptional tightening measures taken by the regulator in the middle of the regulatory period, as well as the general increase in costs. The alterations to the regulation model will cause the company's permitted returns to decrease by approximately 40 per cent this year in comparison with 2021. The changes will show in the revenues of the years to come. The Group's net sales from January to June amounted to EUR 253.6 (258.9) million, and it invested EUR 58.5 (60.9) million.
Press release ·

Jyrki Tammivuori appointed CEO of Caruna as of 13 May 2022

Caruna’s Board of Directors has appointed Jyrki Tammivuori, M.Sc (Econ) CEO of Caruna as of 13 May, 2022. Tammivuori has been working for Caruna since 2015, first as CFO. Since 2018 Tammivuori has held the position of CFO and deputy CEO at Caruna. Tammivuori was appointed Acting CEO of Caruna in March 2022.
Press release ·

Caruna's Annual Report 2021 published

The Caruna Group (Caruna) Annual Report for 2021 has been published at caruna.fi/vuosiraportti2021. The Annual Report contains sections on Corporate Responsibility and Governance and, as separate pdf files, also the ESG indicator section that summarises number data, as well as the financial statements for 2021.
Press release ·

Occupational accidents have declined by half in 2017–2021 – electrical accidents have not

Accident statistics collected by electricity distributor Caruna from work sites in its network area have revealed a worrying trend. Although there has been a significant reduction in occupational accidents, electrical accidents are still the most common among electrical professionals, and the number of these accidents has not decreased. Caruna's safety data has now been collected on the seif.fi website, where the causes that led to safety deficiencies, and the conclusions, can be found.
Press release ·

In the first week of October, Caruna will analyse the condition of the electricity network at night in various parts of Espoo

In the first week of October, beginning Monday 4 October, you may see Caruna's vans on the move at night in various parts of Espoo. The vans carry a device that monitors Caruna's low-voltage electricity network and indicates any network faults it detects. Similar studies have previously been conducted in the United States, Canada and various parts of Europe. The technology is now being put to the test in Finland for the first time.
Press release ·

A carbon-neutral future is the common goal of Espoo and Caruna – cooperation agreement signed

The City of Espoo and electricity distribution company Caruna Espoo Oy signed an agreement on strategic cooperation on March 31, 2021. The aim of the cooperation is to support Espoo's growth and carbon-neutrality targets with a strong electricity network that meets future energy needs, enabling clean energy solutions for Espoo residents and companies.
Press release ·

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 ·