About AlkoOrganisation and management

Organisation and management

Alko Inc. is limited company wholly-owned by the Finnish Government.

Alko Inc.'s business operations are based on the Alcohol Act (1102/2017), the Government Decree on Implementation of the Alcohol Act (151/2018), the Decree of the Ministry of Social Affairs and Health on Enforcement of the Alcohol Act (158/2018), the Companies Act and Alko Inc.'s Articles of Association(624/2006) .

The Ministry of Social Affairs and Health is responsible for the ownership steering and supervision of Alko Inc. owing to the special task assigned to Alko Inc. in law. The Ministry of Social Affairs and Health adheres to the Ownership Steering Act (1368/2007) and cooperates with the Ownership Steering Department of the Prime Minister's Office.

Annual General Meeting

Alko Inc.’s Annual General Meeting must be held annually, by the end of June.

Supervisory Board

Alko's Supervisory Board has 12 members, whom the Government appoints for four calendar years at a time.

Board of Directors

The Board of Directors is responsible for the company’s administration and the proper organisation of the company’s operations in accordance with the law and the Articles of Association, the decisions of the Annual General Meeting and the instructions of the Supervisory Board.

Management team

Alko Inc. has a Management Team consisting of eight members.

Corporate Governance

Alko Inc. is a limited company owned by the Finnish Government. Alko’s business activities are based on the Alcohol Act (1143/1994) and the Decree on the Operation of the Alcohol Company (243/2000), as well as on the Companies Act and Alko Inc.’s Articles of Association.