Corporate Governance

Corporate Governance Statement 

Nurminen Logistics Plc applies the guidelines and provisions of its Articles of Association, the Finnish Limited Liability Companies Act and the rules and regulations of Nasdaq Helsinki Ltd. Furthermore, Nurminen Logistics complies with the Finnish Corporate Governance Code 2015 entered in force on 1 January 2016 and approved by the Securities Market Association, with the following exceptions:

  • Deviating from recommendation 8, Composition of the board of directors, both genders are not represented in the Board of Directors in the term of office that began in 2017. The company’s shareholders representing more than 50% of the shares and votes who prepare a proposal for the composition of the Board of Directors to the Annual General Meeting despite their efforts have not been able to present female candidates to the General Meeting. The company’s aim is that the its Board of Directors will have representatives of both genders in the future.
  • Deviating from recommendation 15, Appointment of members to committees, as of 25 November 2010 the Audit Committee consists of two members. The company considers that two members is appropriate amount as there are usually only five members in the Board of Directors. Due to Tero Kivisaari’s resignation from the Board of Directors the company’s Board of Directors has temporarily had only four members since 6 October 2017.

The Finnish Corporate Governance Code is publicly available on www.cgfinland.fi.

The company's corporate governance comprises of General Meeting of Shareholders, the Board of Directors and committees founded by it, the President and CEO and the Management Team, laws and regulations applicable in the company’s operations as well as the company’s internal policies, guidelines and practices. 

Read Corporate Governance Statement 2017.

The number of registered Nurminen Logistics Plc's shares is  44,254,174 shares  and the share capital is EUR 4,214,521. The company has only one share class  and all shares confer the same rights in the company.